Upgraded status supports Victrex strong sustainability agenda
Previously rated silver, the advancement to Gold is an indicator of Victrex’s commitment and progress towards addressing world material challenges through transformational and sustainable solutions. “Naturally, at Victrex we’re very proud that our efforts have been recognised through EcoVadis’ independent assessment”, commented Jakob Sigurdsson, CEO at Victrex. “Victrex has a strong sustainability agenda, with ambitious goals, including to be net zero by 2030. The change in status is a positive indicator that the tremendous effort to improve is paying off. Assessment by EcoVadis involved undergoing a thorough examination, putting Victrex under the microscope as an organisation, and I think this Gold Medal reflects well on what our team at Victrex does, and perhaps more importantly, how we do it.”
EcoVadis uses both innovative technology and its sustainability expertise to engage with companies and help them adopt sustainable practices throughout their global supply chains. Its guiding concept of sustainability is an integration of social and environmental concerns, as reflected in the commitment on the part of those companies it monitors, to responsible practices as a fundamental ethical framework for their business operations. This is not simply a question of regulatory compliance but of relationships, whether with employees, trading partners or government. Sustainability criteria for EcoVadis’s assessment span a comprehensive range of areas, including energy consumption, biodiversity, customer health and safety, labor and HR, ethics, and procurement.
Importantly for Victrex, the attempt to reach high levels of sustainability won’t be stopping with this Gold Medal. Rather, the company regards it very much as a continuous ongoing process.
Victrex is an innovative world leader in high-performance PEEK and PAEK polymer solutions focusing on the strategic markets of automotive, aerospace, energy (including manufacturing and engineering), electronics and medical. Every day, millions of people use sustainable products and applications containing our materials – from smartphones, aeroplanes and cars to oil and gas operations and medical devices. With over 40 years‘ experience we are developing world leading solutions with PEEK and PAEK-based polymers and selected semi-finished and finished parts which shape future performance for our customers and our markets, deliver environmental and societal benefits, and drive value for our shareholders. Find out more at www.victrex.com
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