Global Heat Reduction Initiative’s Post

For the fifth consecutive year, SIG Group has been awarded the highest platinum sustainability status in the EcoVadis rating for Corporate Social Responsibility (CSR). This ongoing prestigious platinum rating puts SIG once again in the top 1% of participating companies, who have been rigorously assessed by EcoVadis. #sustainablepackaging #recyclability #packaging #sustainability #circulareconomy #recycledmaterials #resourceefficiency

Sustainability is the cornerstone of our corporate philosophy at PWO Group. We are committed to using resources responsibly, protecting the environment and thinking long-term to leave a world worth living in for future generations. We fulfill this commitment by continuously optimizing our processes. To do this in the best possible way, we have commissioned EcoVadis – one of the world's most reliable solutions for sustainability ratings and ESG compliance – for the fifth year in a row to put our company through its paces and uncover potential. The topics analyzed are environment, labor & human rights, ethics and sustainable procurement. We are particularly pleased with this year's result: the silver medal, which places us in the top 15% of all companies audited by EcoVadis worldwide. In fact, the exact score indicates that our score is higher than or equal to 93% of all companies assessed by EcoVadis at the time of publication. A big thank you to all our colleagues in the global sustainability team who made this success possible! The PWO Group demonstrates an outstanding commitment, especially in the area of the environment. But the overall rating also shows that we have continuously improved since 2020 by integrating sustainability into our corporate strategy, developing guidelines and implementing verifiable measures. Of course, we will not rest on our laurels but will continue to do everything in our power to further improve this result. #peopleplanetprogress #futuremobility #sustainability #ecovadis #award

FSS – ECOVADIS ACCREDITATION SCORES PLACE US IN TOP 15% We have just been notified of our 2024 Accreditation from EcoVadis and this year we have improved our previous score and received a Silver Medal. Another endorsement of our Quality approach to everything we do! This result places Fuel Storage Solutions Limited among the top 15% percent of companies assessed by EcoVadis in the past 12 months (85+ percentile). EcoVadis is a sustainability initiative that assesses thousands of companies worldwide, helping companies to manage ESG risk and compliance, meet corporate sustainability goals, and drive impact at scale by guiding the sustainability performance improvement of our business and our value chain. We are part of an impressive set of figures making our achievement all the more notable: ·        2m+ companies assessed ·        130K companies rated ·        180+ countries covered ·        200+industries covered To celebrate our completion of the assessment, EcoVadis will be planting a tree on our behalf through our partnership with One Tree Planted. #quality #acceditations #ecovadis #sustainability #fuelstorageprovision #fuelspecialist #fuelstoragesolutions

New joint paper out in Global Policy on ‘Global governance through voluntary sustainability standards: Developments, trends and challenges’ with Axel Marx, Charline Depoorter, Santiago Fernandez de Cordoba, Rupal Verma, Mercedes Araoz, Graeme Auld, Janne Bemelmans, Elizabeth A. Bennett, Eva Boonaert, Clara Brandi, Thomas Dietz, Eve Fouilleux, Janina Grabs, Lars H. Gulbrandsen, James Harrison, Robert Heilmayr, Ariel Hernandez, Bernard Hoekman, Siti Rubiah Lambert, Eric Lambin, Li Li, Miet Maertens, Paulo Mortara Batistic, Etsuyo Michida, Junji Nakagawa, Archna Negi, Jorge A. Pérez-Pineda, Stefano Ponte, Ximena Rueda, Philip Schleifer, Vera Thorstensen and Hamish van der Ven. Voluntary Sustainability Standards (VSS) have proliferated since the 1990s as key private governance tool to govern global value chains. This paper shares some key insights arising from the considerable body of literature that has analysed the role of these instruments for sustainable production and trade. First, it introduces VSS, traces the evolution of their adoption and takes stock of the research on their sustainability impacts. Next, some major developments in the VSS realm are discussed, especially focusing on their integration in public policies. Third, the paper zooms in on the challenges and limitations of VSS in transforming value chains towards sustainability, focusing on the shortcomings related to inclusiveness and the problems arising from their proliferation. The paper concludes by distilling recommendations on overcoming these challenges, especially in light of recent policy developments, and outlines what different stakeholders can do to make VSS more effective and inclusive instruments for sustainable value chains.   Available in open access here: https://lnkd.in/eJXFfBtA  

This is going to send shock-waves through board rooms all over the world. If I'm a member of the board here are some questions that I'd be asking my executives about Greenwashing: * What is our market exposure if our claims about sustainability are untrue? * Are the sustainability claims that we've made over the last 5 years verifiably true? * Can we verify the future claims that we will be making about our sustainability activities? * What is our plan to increase the verifiability of our sustainability claims? * Who is accountable for ensuring that our sustainability claims are true and where are they in the org chart? If you're interested in chatting about open standards that help organisations create verifiable sustainability claims - ping me in the comments. https://lnkd.in/gHdRZ8km

As part of our ESG strategy, M.R Industrial Services completed an assessment with EcoVadis to benchmark our current position regarding the Management of Sustainability, Risk and Compliance; globally measuring how we are doing against similar sized companies in our chosen field of operation. The results would also give us a program of continuous improvement based on evidence provided to EcoVadis which we have started on. We are pleased to inform you that M.R Industrial Services scorecard has now been completed and reviewed, and we have been awarded a SILVER Medal. 🥈 This result places our company among the top 15% percent globally of companies assessed by EcoVadis in the past 12 months (85+ percentile). 👏 As an extra and to celebrate completion of the assessment, EcoVadis will be planting a tree on our behalf through our partnership with One Tree Planted.🌳 #MRIndustrialServices #EcoVadis #ESG #Sustainability #Silver #Business #Tree #Partnership #Construction #Team Matthew Ross | Anthony Nelson | Michael Morrisroe | Callum Noble | Tara J. | Harry Ingram | Andrew Wilson | David Price-Jones | Mark Conroy

'Approaching the Corporate Sustainability Reporting Directive (#CSRD) from a strategic angle instead of a compliance one is a choice' – I could not have said it better then De Vereniging van Beleggers voor Duurzame Ontwikkeling (VBDO) in their recent publication ‘from compliance to leadership’ highlighting few companies indicate topics as biodiversity, living wage and lobbying as material. With the upcoming Corporate Sustainability Due Diligence Directive (#CSDDD) and an increased understanding by organizations of their supply chain, I expect more companies to understand the materiality of these topics for their business. https://lnkd.in/eTpakvBg

We are excited to share that Polivouga has achieved a Silver Medal from EcoVadis – a big recognition in our continuous work to improve sustainability and social responsability. With this result, Polivouga is among the top 15% of the companies evaluated by EcoVadis. As part of our commitment to our people, society and the environment, Polivouga completes a thorough assessment of its business sustainability practices every year through EcoVadis, the global standard for business sustainability ratings. Earning and maintaining the Silver Medal requires a overall assessment that covers four key pillars: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. Polivouga adopts a holistic approach, addressing these aspects along its value chain. Investment in renewable energy, decarbonization of our processes and investment in circular economy are some achievements that we are extremely proud to continue to nurture. Sustainability is not a one-time achievement; it's an ongoing journey. We’re creating a more sustainable future!

Dato’ Nazrul Mansor is a distinguished leader whose career has been defined by a deep commitment to sustainability and environmental stewardship. With decades of experience in the corporate world, particularly in industries such as agriculture and resource management, he has consistently driven initiatives that prioritize long-term environmental responsibility alongside economic growth. His visionary approach has helped transform companies, particularly those in sectors such as palm oil, into more sustainable and ethical entities. Dato’ Nazrul’s leadership at FGV Holdings Berhad, one of the world’s largest producers of palm oil, has been instrumental in reshaping the company’s sustainability framework. He recognized early in his tenure that the palm oil industry, being a critical economic driver, also had the potential to set global standards for responsible environmental management. Under his guidance, FGV embraced initiatives aimed at addressing deforestation, reducing carbon emissions, and improving labor conditions. His efforts extended beyond internal changes, as he actively engaged with external stakeholders and global organizations to ensure that FGV’s sustainability goals aligned with international expectations. Sustainability as a Professional Imperative For Dato’ Nazrul, sustainability is not just a corporate obligation; it is a moral imperative. His personal and professional philosophy is rooted in the belief that businesses must be part of the solution to global environmental challenges. He views sustainability as a way to secure the future for coming generations, ensuring they inherit a world where natural resources are preserved and ecosystems are protected. This vision is not limited to environmental concerns—he also believes that companies must adopt social sustainability measures, such as fair labor practices and community engagement. A Legacy for Future Generations Through his initiatives, Dato’ Nazrul Mansor is not just leaving a corporate legacy but a blueprint for how industries can thrive while protecting the planet. Future generations stand to benefit from his forward-thinking policies, as they help to mitigate climate change, preserve critical ecosystems, and secure the livelihoods of communities that rely on these industries. His efforts have also paved the way for younger professionals and leaders to embrace sustainability as a core business value, ensuring that the movement toward sustainability grows stronger with each passing generation. #REGENERASI #SustainableFuture

JH Achieves Ecovadis Bronze Rating 🎖️ We are delighted to share that today, we were awarded a Bronze rating by sustainability scoring platform EcoVadis, putting us in the top 35% of over 130,000 companies assessed globally. Ecovadis is a leading provider of sustainability ratings, which scores business performance in several key areas including Environment, Labor & Human Rights, Ethics and Sustainable Procurement, giving actionable insight on areas where businesses can improve. We're very proud to achieve a bronze rating for the second year in a row, and for a fourth year in a row of improving our overall score! Read below for more information 👇 #celebratingsuccess #ESG #CSR