STARK Group Ranks Among Top 1% of Companies in EcoVadis’ Global Assessment

STARK Group Ranks Among Top 1% of Companies in EcoVadis’ Global Assessment

(IN BRIEF) STARK Group has received a platinum rating from EcoVadis for its sustainable business practices, ranking it in the top 1% of all companies assessed. The platinum rating was based on a comprehensive evaluation of STARK Group’s performance in areas including the environment, labor and human rights, ethics, and sustainable procurement. The company’s sustainability report for the year 21/22 showed continued progress towards its goal of net zero by 2050 with a 22% reduction in scope 1 and 2 emissions and increased focus on sustainability initiatives. STARK Group has also been validated by the Science Based Targets initiative, is an active member of the UN’s Global Compact, and focuses on supporting sustainable construction through partnerships and training programs.

(PRESS RELEASE) FREDERIKSBERG, Denmark, 8-Feb-2023 — /EuropaWire/ —  Stark Group, one of the largest retailers and distributors of building materials across Northern Europe, announces that it has once again secured the highest distinction in EcoVadis’ global sustainability assessment, achieving a platinum rating for the second consecutive year. The rating places STARK Group in the top 1% of all companies assessed by EcoVadis and recognizes the company’s commitment to sustainable business practices in areas such as environment, labor and human rights, ethics, and sustainable procurement.

The company’s sustainability performance was evaluated based on 21 criteria and received an overall score of 85/100. The platinum rating reflects STARK Group’s continuous efforts to implement and integrate measurable initiatives towards sustainability.

CEO of STARK Group, Søren P. Olesen says:

“Our commitment to investing in sustainable initiatives has never been stronger. Therefore, I am happy that we, for the second time in a row, have been recognised with a platinum rating by EcoVadis. It is a recognition of our dedication and an award for our work with sustainability and the processes behind it.”

“We have a responsibility towards our customers, owners, investors and partners to not only keep our sustainability promises but also ensure regular and transparent checks on our performance, which is why the EcoVadis platinum rating is so important to us. It provides a reliable, global benchmark for our performance and is independent proof that sustainability is an integral part of our business functions.”

Driving the Green Transition in Construction

STARK Group is committed to its goal of net zero by 2050 and is making steady progress towards that goal. The company’s recent Sustainability Report 2022 highlights a 22% reduction in scope 1 and 2 emissions, increased use of renewable energy, and a focus on reducing waste and increasing recycling.

To support the green transition in the construction industry, STARK Group has trained 250 sustainability specialists, launched take-back solutions between customers and suppliers, and improved documentation and calculation systems to assist professional craftsmen and their customers with sustainability requirements. The company is also a member of the UN’s Global Compact and has received validation and approval for its climate plan from the Science Based Targets initiative (SBTi).

As a preferred partner for sustainable construction, STARK Group is committed to promoting diversity, equality, and inclusion and is a leading example of sustainable business practices in the industry. To learn more about STARK Group’s sustainability priorities and progress, read the Sustainability Report 2022.

About EcoVadis

EcoVadis is the world’s largest and most trusted provider of corporate sustainability assessments. More than 100,000 companies in more than 175 countries across more than 200 industries are assessed by EcoVadis. EcoVadis’ methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact and ISO 26000. EcoVadis’ ratings and monitoring tools aim to make it easier for companies to manage risks and create solutions that improve the green footprint in global supply chains.

About STARK Group

STARK Group is a leading business-to-business distributor of heavy building materials for the construction industry in Northern Europe, with a strategic focus on serving the professional builders. STARK Group has net sales of approx. EUR 6 billion and serves c. 10,000 suppliers and 275,000 customers from its 550 locations. Headquartered in Denmark, STARK Group has approx. 12,500 employees in Germany, Austria, Denmark, Sweden, Finland, and Norway. The Group has doubled in size over the last couple of years through acquisitions and organic growth, and today, it holds a leading national or regional position in all markets.

Media contact:

Kaspar Bach Habersaat
Group Chief Communications Officer
+45 4092 8881
kha@starkgroup.dk

SOURCE: STARK Group A/S

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