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DS Smith awarded ‘Platinum’ rating by EcoVadis for its performance as responsible and sustainable business

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DS Smith awarded ‘Platinum’ rating by EcoVadis for its performance as responsible and sustainable business

August 04, 2021 - 04:42
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LONDON, Aug. 4, 2021 (Press Release) -DS Smith, the FTSE100 packaging company, has been awarded the prestigious ‘Platinum’ rating by EcoVadis for its performance as a responsible and sustainable business – up from a ‘gold’ rating last year.

The recognition places DS Smith in the top 1% of the 75,000 best-rated companies assessed by EcoVadis globally and in the top 2% of its industry overall.

The company scored 90% for its performance in sustainable procurement with praise for its supplier engagement programme and FSC chain of custody certification and 80% on environmental issues, with commendations for its “exceptional” reporting.

It was also praised for its:

  • Work to close the loop through better design and to protect natural resources as part of its Now and Next sustainability strategy
  • Commitment to sourcing 100% recycled or chain of custody certified papers
  • Commitment to 100% of in-scope sites maintaining ISO 50001 Energy Management System certification

EcoVadis is one of the world’s most trusted provider of sustainability ratings. Companies partner with EcoVadis to strive towards a more sustainable economy with a common platform, universal scorecard, benchmarks, and performance improvement tools.

Wouter van Tol, Head of Government, Community Affairs and Sustainability at DS Smith, said: “We are delighted to have improved our EcoVadis score and achieved a platinum rating. EcoVadis is an important rating to our customers, who use the platform to assess our performance as their provider of sustainable packaging solutions. As a key part of their packaging supply chain, our customers want reassurance that we can support them in achieving their own sustainable packaging goals by reducing the impact of the products they buy from us and delivering strong ESG performance with our Now and Next sustainability strategy.”

Oliver Bradley, Sustainability Reporting Manager at DS Smith, added: “EcoVadis sits alongside our other priority ESG ratings that we engage with to independently review our performance and reassure customers, investors and other partners that we are delivering strong ESG and sustainability performance throughout our business. There are always opportunities to improve and we value the chance to have our performance assessed.”

Last month (July), DS Smith published its Sustainability Report 2021 and announced that it had hit seven of its key sustainability milestones – including meeting targets on the circular economy, forest management, community engagement and water.

About DS Smith:

DS Smith is a leading provider of sustainable fibre-based packaging worldwide, which is supported by recycling and papermaking operations. It plays a central role in the value chain across sectors including e-commerce, fast moving consumer goods and industrials. Through its purpose of ‘Redefining Packaging for a Changing World’ and its Now and Next sustainability strategy, DS Smith is committed to leading the transition to the circular economy, while delivering more circular solutions for its customers and wider society – replacing problem plastics, taking carbon out of supply chains and providing innovative recycling solutions. Its bespoke box-to-box in 14 days model, design capabilities and innovation strategy sit at the heart of this response. Headquartered in London and a member of the FTSE 100, DS Smith operates in 34 countries employing around 30,000 people and is a Strategic Partner of the Ellen MacArthur Foundation. Its history can be traced back to the box-making businesses started in the 1940s by the Smith family.