Brenntag (ISIN DE000A1DAHH0), the global market leader in chemical and ingredients distribution, stepped up its performance for the sixth consecutive time in the EcoVadis sustainability assessment, securing gold status for its sustainability management activities. Every two years or so, Brenntag has its sustainability management efforts assessed by independent international rating agency EcoVadis.
Christian Kohlpaintner, who took over as CEO of Brenntag Group in January 2020, explains: “Public expectations of companies trading in chemical products are especially high. As the world’s leading chemical distributor, our aim for our responsible business practices is to make an active contribution towards making both our activities and our industry more sustainable. The excellent rating that we were awarded again strengthens us in our conviction as well as creating transparency in our sustainability activities.”
EcoVadis tests and rates the performance of companies in the areas of environmental protection, labor and human rights, ethics and sustainable procurement. In 2020, Brenntag achieved a rating score of over 70 points for the first time, making it one of the top one percent of all companies rated by EcoVadis in its industry sector.
As a member of the Together for Sustainability industry initiative, Brenntag goes one step further by also asking its suppliers to undertake EcoVadis assessments. Group Sustainability Manager Dr. Dirk Eckert adds: “Regularly reviewing our suppliers’ sustainability performance – together with our own result, which was once again excellent – helps to set Brenntag apart from the competition. This allows both us and our customers and suppliers to evaluate business partners from a sustainability perspective and to increase the sustainability of the chemical industry supply chain as a whole.”
More information on Brenntag’s sustainability targets and activities can be found in the latest sustainability report for fiscal year 2019, to be published on April 30, 2020.