HELSINKI, June 14, 2018 (Press Release) -Ahlstrom-Munksjö, a global leader in fiber-based materials, has renewed its Gold rating level for the company’s sustainability management and performance for the second consecutive year from EcoVadis.
EcoVadis is one of the leading systems for evaluating suppliers' environmental aspects, working conditions, social responsibility, and procurement practices. The EcoVadis method is based on internationally adopted principles for sustainability reporting, such as the Global Reporting Initiative, United Nations Global Compact and ISO 26000, and is audited by independent sustainability experts.
With a corporate social responsibility engagement level assessed as advanced, Ahlstrom-Munksjö is in the top 1% of suppliers assessed, regardless of their industry. Compared to the results from last year, progress was especially made within the dimension fair business practices as new policies, processes, and trainings for the combined company were finalized following the business combination last year.
"Our corporate responsibility performance is increasingly important to us and to our customers. This includes our operations and product portfolio as well as our social and environmental performance throughout the value chain. We use EcoVadis to meet our customers’ needs and support active cooperation with them to secure a more sustainable supply chain. Our rating allows us to communicate an independent view on our strong performance. I would like to thank all our stakeholders, both internal and external, who have contributed to the achievement,” says Sakari Ahdekivi, Deputy CEO and EVP Corporate Development.
EcoVadis is the first collaborative platform providing sustainability ratings and performance improvement tools for global supply chains. EcoVadis delivers simple and reliable scorecards to monitor supplier Corporate Social Responsibility (CSR) practices covering 150 purchasing categories, 110 countries, and 21 CSR indicators in four themes: environmental, social/human rights, ethics/fair business practices, and supply chain. More than 30,000 companies use EcoVadis to reduce risk, drive innovation and foster transparency and trust between trading partners.
Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to customers worldwide. Our offerings include decor paper, filter media, release liners, abrasive backings, nonwovens, electrotechnical paper, glass fiber materials, food packaging and labeling, tape, medical fiber materials and solutions for diagnostics. Combined annual net sales are about EUR 2.2 billion and we employ 6,000 people. The Ahlstrom-Munksjö share is listed on the Nasdaq Helsinki and Stockholm.