A global leader in pump solutions and water technology, Grundfos, has been awarded Platinum medal rating from EcoVadis, placing it in the top one per cent of companies rated worldwide.
EcoVadis is one of the world’s largest and most trusted providers of business sustainability ratings, assessing more than 130,000 companies’ actions and practices on their corporate and social responsibility. Using its international standards, EcoVadis has evaluated Grundfos across four key areas: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement to award the business a Platinum medal rating.
Since the last assessment (Gold medal rating), Grundfos has implemented additional measures and policies to strengthen social and environmental responsibility across the value chain. At the same time, the company has made significant progress towards both water and climate ambitions, reflecting the company’s ongoing commitment to sustainability and continuous improvement.
Grundfos Senior Director and Group Head of Sustainability, Lousie Koch, said that she is very proud of the Platinum rating, dedicating it to her hard working and dedicated colleagues worldwide.
“It encourages us to keep pushing ourselves to enhance our ESG (Environmental, Social, and Governance) practices that include progressing towards net zero by 2050, fostering a fair, inclusive, and safe working environment, enforcing strong ethical business standards, and ensuring sustainable procurement across our entire value chain,” Ms Koch said.
Grundfos Group Senior Vice President, Purchasing, Silvio Vanzo said that achieving Platinum certification highlights Grundfos’ commitment to conduct business in a responsible way, but it also highlights the close collaboration and trust between it and its loyal suppliers and customers.
“Their cooperation and input have been instrumental in strengthening and enhancing our ESG practices throughout the entire value chain.”
Featured image: A Grundfos employee. Image/Grundfos
