TAGS: Sustainability / Natural Cosmetics
Stepan Company has achieved Gold status with an overall score of 68 in the 2022 EcoVadis Corporate Social Responsibility (CSR) report, placing Stepan among the top 6 percent of manufacturers in the chemical industry.
Commitment to Environmental, Social & Ethical Goals
Stepan scores above average across all assessment categories compared to its industry group. Notable improvements included higher ratings on Labor and Human Rights. Some key areas of progress in 2021 are:
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Updated policies related to workforce diversity, inclusion, and human rights
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Consistent implementation and training on Stepan’s Code of Conduct
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Thoughtful employee engagement and ongoing support during the pandemic
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Actions and initiatives taken by the Stepan Environmental, Health, Safety, and Security team to promote safety at our global sites
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Commitment to evaluating our suppliers’ human and labor rights practices
"We are proud to attain EcoVadis Gold ranking. Thank you to the Stepan teams globally for their commitment to deliver on meaningful ESG (Environmental, Social and Governance) goals, which we aim to continue through 2022 and beyond," said Jason Keiper, Stepan Company Chief Technology and Sustainability officer.
As one of the leading merchant producers of surfactants and polyurethane polyols, Stepan recognizes its unique position within the supply chain can have a significant positive impact on sustainability. Stepan is committed to creating innovative chemical solutions for a cleaner, healthier, more energy-efficient world. Through strong stakeholder partnerships, responsible practices, and a focus on innovation, Stepan aims to drive progress toward a more sustainable future.
Stepan has been reporting to EcoVadis since 2015. Since then, the company has steadily increased its performance with a keen focus on improving our environmental impact and strengthening our commitments to labor and human rights, ethical practices, and the sustainable procurement of resources.
Source: Stepan