Pigment JSC, a leading Russian manufacturer of chemical products, announces positive dynamics in sustainable development indicators, as reflected in the assessment of the independent international rating agency EcoVadis.
The EcoVadis system is the first platform that allows you to evaluate how well a particular Company has integrated the principles of sustainable development / CSR into its business and management system. The assessment methodology is based on international sustainability standards and analyzes the performance of companies in four key areas: environmental protection, labor and human rights, fair business practices and sustainable procurement.
Based on the results of updating the corporate social responsibility (CSR) rating in 2021, Pigment confirmed its compliance with the Silver level. The Company's rating improved by 7 points compared to the previous year and amounted to 57 points. Thus, the Tambov enterprise got into the 25% rating of companies with the maximum indicators, estimated by EcoVadis.
The Silver Medal recognizes the company's commitment to environmental sustainability and social responsibility. EcoVadis also provides smart data and collaborative efficiency tools for global supply chains.
It should be noted that the company has been participating in the sustainable development initiative for several years in a row and annually improves its rating. So, during this time, with the help of the recommendations of the experts of this platform, it was possible to introduce into the company's activities: an integrated management system, the publication of annual non-financial reporting, new directions for the creation of regulatory standards in terms of combating corruption, human rights, and ethical standards of behavior.
Compliance with the principles of sustainable development is one of the key factors for the long-term development and competitiveness of Pigment. The company strives to implement the best global practices by integrating the principles of sustainable development into all business processes.
Being a reliable partner for all stakeholders, complying with the most stringent standards in the field of industrial safety and labor protection, taking care of the environment, investing in the development of industrial potential and improving the quality of life of workers and residents of the city are the main principles of work of Pigment JSC.