23 Jul 2020
INEOS Styrolution awarded platinum rating by EcoVadis for its advanced sustainability performance
- Platinum rating is the highest rating provided by EcoVadis recognising INEOS Styrolution as a leader in the industry
INEOS Styrolution, the global leader in styrenics, has been awarded the highest sustainability rating by EcoVadis. The platinum rating is awarded to the top 1 percent of companies, based on the implementation of the company’s sustainability programme and the company’s sustainability report published last year. The score takes into account four themes evaluated by EcoVadis: environment, labour and human rights, ethics and sustainable procurement.
EcoVadis is a global provider of business sustainability ratings, intelligence and performance improvement tools for global supply chains. It is a highly trusted organisation. Its global team of experts provides supply chains and investors with sustainability scorecards, which give detailed insight into environmental, social and ethical risks across 65,000 companies across 160 countries.
This latest rating places INEOS Styrolution best in class in the category of plastics manufacturers. The company demonstrated an advanced management system for environmental issues, sustainable procurement as well as labour and human rights.
The company scored particularly high in the environment section. This can be attributed to the company’s ongoing investment into establishing a circular economy for styrenics. INEOS Styrolution continues to work together with leading technology firms along the value chain to explore innovative recycling technologies and new feedstock for the production of polystyrene and other styrenics materials. INEOS Styrolution is committed to reduce plastics going to landfill and recovering and recycling post-consumer plastics waste into high-quality products.
The company aims to shift to a low-carbon economy by reducing its greenhouse gas emissions and recently achieved ISO 14001 certification of all its 20 production sites. The recent audit and certification of our bio-attributed materials and supply chain also contributed to the high rating.
“EcoVadis’ platinum rating shows that we are leading the way with our sustainability objectives. This rating is also recognised by our customers and investors as a basis for doing business with them,” comments Steve Harrington, CEO, INEOS Styrolution. “We are encouraged about this positive recognition and continue our efforts contributing to environmental and societal well-being. In line with the INEOS pledge we want to be a reliable partner for our customers and business partners by delivering solutions that help them to meet their own sustainability targets.”
Reader enquiriesINEOS Styrolution
INEOS Styrolution Group GmbH
Mainzer Landstraße 50
60325 Frankfurt am Main
Notes for editors
About INEOS Styrolution
INEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering innovative and sustainable best-in-class solutions, designed to give them a competitive edge in their markets, and at the same time, help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2019, sales were at 5 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.
For further information, please visit www.ineos-styrolution.com.