Siegwerk, one of the leading global providers of printing inks and coatings for packaging applications and labels, has once again been awarded the EcoVadis Silver Medal, achieving an overall score of 75 out of 100 points, reflecting particularly advanced practices across all criteria. This strong performance places Siegwerk in the 94th percentile of all companies assessed by EcoVadis worldwide and in the top 6% of companies. The new rating not only reflects Siegwerk’s continuous progress in implementing its sustainability goals, but also the effectiveness of its holistic sustainability agenda HorizonNOW.
With over 150,000 rated companies in its network, EcoVadis is the most trusted independent provider of business sustainability ratings. It provides a comprehensive analysis of a company’s performance in areas such as environmental impact, labor and human rights, ethics, and sustainable procurement. The methodology used is based on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact and ISO 26000, covering 250 industries and more than 185 countries. The percentile rank compares a company's score against all companies rated by EcoVadis worldwide. Here, the silver rating starts at the 85th percentile and the gold rating at the 95th percentile. Thus, Siegwerk’s result in the 94th percentile not only means that the company's rating is better than 94% of all companies assessed, but also that it is very close to gold level.
“The great performance in terms of percentile is a powerful testament to the effectiveness of our sustainability efforts across all business areas and regions,” says Alina Marm, Head of Global Sustainability & Circular Economy at Siegwerk. “We have made great progress in the various areas of our sustainability agenda HorizonNOW, confirming that we are on the right track on our journey of creating a truly sustainable business.” With its new score, Siegwerk is now among the top performers of all companies assessed for their sustainability management, making it one of the leaders in sustainable business practices and solutions. “We are proud of our achievements and remain committed to further enhancing sustainability across our operations and value chain,” adds Marm.
Compared to its 2023 EcoVadis rating, Siegwerk has demonstrated a significant 12-point improvement, underscoring the company’s accelerating sustainability momentum. For example, the company launched its Sustainable Procurement Program “SustainUP” this summer to bring its established Human Rights Policy & Guiding Principles and Business Partner Code of Conduct commitments into action. Among other things, the program aims to help reduce the company's Scope 3 emissions by 25% by 2030 and support suppliers to reduce their environmental and human rights risks. The new initiative is just one pillar of Siegwerk’s broader sustainability agenda HorizonNOW, which integrates climate action, human rights, and circular innovation across the business.
For more information about sustainability at Siegwerk, please visit the company’s website or download the Sustainability Report 2024.