Sofidel receives Platinum award from EcoVadis


03/24/2023


Sofidel, one of the world's leading paper groups for the production of hygienic and household paper, best known in Italy and Europe for its Regina brand, has received Platinum recognition from EcoVadis for its approach to sustainability yet again this year, confirming its place among the top 1% of companies in its sector globally.

EcoVadis, which was founded in 2007 and now operates in over 150 countries, is one of the world's largest providers of corporate sustainability assessments. Its platform, which is also one of the benchmarks for large retail chains, is used by over 100,000 companies worldwide.

An international scientific committee oversees the EcoVadis sustainability risk and performance assessment, which is based on globally recognised standards such as the Global Reporting Initiative (GRI), the United Nations Global Compact, and ISO 26000. The four macro-areas covered by the analyses are the environment, labor and human rights, ethics, and sustainable procurement.

Sofidel received above-average ratings in its benchmark category (Manufacture of other articles of paper and paperboard), with outstanding results for Environment and Sustainable Procurement. This combination has enabled the company to achieve Platinum status, the highest level EcoVadis rating.

“Sustainability ratings are a very useful tool in addressing the path of ecological transition,” commented Francesco Pastore, Sofidel Chief Marketing & Sales Officer. 

“For Sofidel, this confirmation of the Platinum rating from EcoVadis is important because we once again see the quality of our efforts recognized from the outside, and because it is a valuable aid in transparently and comparably sharing what we are working on and the results we have achieved.”

Sofidel was recently placed in the Leadership band of the Carbon Disclosure Project's (CDP) Climate Change 2022 and Forests 2022 ratings for its commitment to combating climate change and deforestation.

Sofidel is committed to reducing the impact of its operations on natural capital by encouraging the transition to a low-carbon, renewable energy-based economy. Science Based Targets (SBTi) approved the Group's 2030 emission reduction targets of -40% per tonne of paper by 2030 compared to the 2018 base year as being consistent with the reduction standards required by the Paris Agreement to limit global warming to well below 2°C.