Brenntag, the global market leader in chemical distribution, has been awarded the Gold Recognition Level of the international rating agency EcoVadis for its sustainability management. In the October 2016 assessment Brenntag increased its score to 66 points. With this result, Brenntag has successfully completed the on-boarding process of the chemical industry’s “Together for Sustainability” initiative, gaining full membership status.
Karsten Beckmann, Member of the Board of Management at Brenntag AG: “As the global number one in chemical distribution, we are aiming to set standards in our industry in the field of sustainability as well. These excellent rating results confirm our efforts in continuously developing our sustainability strategy. This good performance sets Brenntag apart from competitors as sustainability plays an increasingly important role in the supply chain of the chemical industry.”
EcoVadis evaluates companies’ sustainability performance in terms of the following four categories: environment, labour practices, fair business practices and sustainable procurement. With its current score of 66 points, Brenntag is significantly above average in the industrial sector in which EcoVadis categorizes the company (42.2 in October 2016), and is among the top 2% of all the companies assessed in around 150 categories.
Since October 2014, Brenntag has been involved in “Together for Sustainability” (TfS), and with this result has met all of the admissibility criteria to become a full member of the industry initiative – so far only chemical distributor. TfS is aiming to develop and implement a global audit program to assess and improve sustainability practices within the supply chains of the chemical industry.
“In line with our corporate claim ConnectingChemistry, we want to contribute towards greater sustainability in the chemical industry’s supply chain, and to improve our own supplier management in this regard. As a joint platform and international network, TfS offers significant efficiency advantages and opportunities for exchange from which both Brenntag and our suppliers can benefit”, adds Karsten Beckmann.
Further information about Brenntag’s sustainability approach can be found at www.brenntag.com/sustainability.
Further information about TfS can be found at www.tfs-initiative.com.