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Sofidel obtains Platinum award from EcoVadis for its approach towards sustainability

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Sofidel obtains Platinum award from EcoVadis for its approach towards sustainability

October 18, 2021 - 06:17
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PORCARI, LUCCA, Italy, Oct. 18, 2021 (Press Release) -Sofidel, one of the leading global groups in the production of paper for hygienic and domestic use, known in Italy and Europe for the Regina brand in particular, has obtained the Platinum award from EcoVadis for its approach to sustainability, which puts Sofidel in the top 1% of rated companies worldwide in the paper and paperboard industry.

Founded in 2007 and now operating in more than 150 countries, EcoVadis is one of the world’s major providers of corporate sustainability ratings. EvoVadis brings together a global network of more than 75,000 rated companies and over 300 multinationals that make use of its platform to monitor sustainability performance.

The risk and sustainability performance assessment conducted by EcoVadis is based on internationally recognised standards - including the Global Reporting Initiative (GRI) and the United Nations Global Compact – and supervised by an international scientific committee. The environment, labour and human rights, ethics and sustainable supply are the four macro-areas that are analysed.

Sofidel obtained above-average assessments among rated companies in all four areas, with a particularly excellent result in the environmental field. This result enabled the Platinum award to be obtained, the top level of the EcoVadis rating.

“For many years, the strategic integration of sustainability has been part of Sofidel’s way of doing business, as well as a willingness to share the results obtained and involve our partners in achieving our sustainability goals. Obtaining the Platinum award from EcoVadis is a source of pride for us and confirms the correctness of a commitment that we intend to develop further,” said Riccardo Balducci, Sofidel’s Energy and Environment Director.

The EcoVadis rating follows Sofidel’s recent recognition as a global leader with its inclusion on the Supplier Engagement Leaderboard 2020 of the Carbon Disclosure Project (CDP) in acknowledgement of its ability to engage suppliers in the fight against climate change.

On the environmental front, Sofidel is committed to reducing the impact of its activities on the natural capital, encouraging the transition to a low-carbon economy oriented towards renewable energies. The Group’s 2030 emission reduction goal, equal to a cut of 40% per ton of paper by 2030 compared to the base year 2018, have been approved by Science Based Targets (SBTi) as consistent with the reduction standards required by the Paris Agreement to limit global warming to well below 2°C.

The Sofidel Group

The Sofidel Group is one of the leading manufacturers of paper for hygienic and domestic use worldwide. Established in 1966, the Group has subsidiaries in 12 countries – Italy, Spain, the UK, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania and the USA – with more than 6,000 employees, net sales of 2,173 million Euros (2020) and a production capacity of over one million tonnes per year (1,428,000 tonnes in 2020). “Regina”, its most well- known brand, is present on almost all the reference markets. Other brands include: Softis, Le Trèfle, Sopalin, Thirst Pockets, KittenSoft, Nalys, Cosynel, Lycke, Nicky, Papernet. A member of the UN Global Compact and the international WWF Climate Savers programme, the Sofidel Group considers sustainability a strategic factor with regards to growth and is committed to reducing its impact on natural capital and maximising social benefits, setting as objective the creation of shared added value for all stakeholders. Sofidel’s greenhouse gas (GHG) emissions reduction targets to 2030 have been approved by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to well-below 2°C, in line with the goals of the Paris Agreement.