Borealis Achieves EcoVadis Gold Rating, Reflecting Commitment to Sustainability and CSR

Image: Borealis achieves EcoVadis Gold rating for 2024, placing it in the top 5% of companies for sustainability

(IN BRIEF) Borealis has earned the prestigious EcoVadis Gold rating for 2024, improving its score from 73 to 81 and placing the company among the top 5% in terms of sustainability. This recognition reflects Borealis’ commitment to enhancing recyclability and reducing carbon footprints across its value chain. EcoVadis evaluates companies based on their sustainability practices, and Borealis’ strong performance across environmental, labor, ethics, and sourcing themes contributed to its high rating. Additionally, Borealis participates in the Together for Sustainability (TfS) initiative to promote sustainable sourcing within the chemical industry.

(PRESS RELEASE) VIENNA, 25-Feb-2025 — /EuropaWire/ — Borealis has been awarded the prestigious EcoVadis Gold rating for 2024, marking a significant achievement in the company’s commitment to sustainability. This year, the company raised its score from 73 to 81, placing it among the top 5% of businesses worldwide in terms of Corporate Social Responsibility (CSR). This recognition highlights Borealis’ ongoing efforts to improve its sustainability performance across its operations.

Stefan Doboczky, CEO of Borealis, commented on the company’s accomplishment: “This improvement in the EcoVadis rating reflects our continuous progress toward transforming the polymer industry. By enhancing recyclability and reducing carbon footprints across our value chain, we are better equipped to serve our customers and contribute to a more sustainable future.”

EcoVadis, a globally recognized provider of sustainability ratings, evaluates companies based on their integration of CSR principles into their business models. The assessment is based on international sustainability standards, such as the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000. Companies are evaluated on 21 indicators across four key themes: environment, labor and human rights, ethics, and sustainable sourcing. Borealis’ strong performance across these areas has contributed to its high ranking in the EcoVadis Sustainability Scorecard.

As part of its ongoing commitment to sustainability, Borealis also participates in the Together for Sustainability (TfS) initiative, which aims to promote sustainable sourcing practices within the chemical industry. By engaging in this platform, Borealis helps ensure that supplier audits and sustainability assessments are shared among member organizations, reinforcing sustainable practices across the supply chain.

Group Media Desk
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

SOURCE: BOREALIS