TAGS: Sustainability / Natural Cosmetics
Azelis announced that in August 2022 it received the highest ESG ranking (lowest risk) among a peer list of 178 international traders and distributors from Sustainalytics, with a score of 12.4. This places Azelis in the top 5th percentile of more than 14,500 companies rated by the firm worldwide.
Sustainalytics ESG ratings evaluate a company's exposure to material industry-specific ESG risks and how well a company manages those risks.
Relentless Efforts to Contribute to Sustainable Future
The assessment confirms Azelis’ strong performance across a broad range of ESG metrics and considers the group to be at low risk of experiencing material financial impact from ESG factors. In addition to the group’s EcoVadis® Platinum rating, the ranking from Sustainalytics reflects Azelis’ commitment and relentless efforts to contribute to a sustainable future.
Dr. Hans Joachim Müller, Azelis’s chief executive officer, comments, “
We are thrilled to receive the top ranking in our industry from Sustainalytics, recognizing the efforts that all of us at Azelis put into executing our strategy to contribute to a more sustainable future. We have an ambitious sustainability agenda and remain committed to working closely with all our stakeholders to transform our industry. A recognition like this only serves as further incentive for us to continue setting the pace in sustainability.”
Maria Almenar, group sustainability and safety, health, environment, and quality (SHEQ) director, adds, “
The Sustainalytics ranking not only reflects the efforts we put into executing our strategy but also validates our rigorous approach in measuring our sustainability performance. As part of our relentless effort to lead the industry in sustainability, we work with an independent auditor to ensure consistency and integrity of our sustainability reporting. Together with our EcoVadis® Platinum rating, this is a great motivation to continue leading the way on our sustainability journey.”
Launched in 2015, Azelis’ sustainability program is an integral part of the group’s strategy. ‘Action 2025’, Azelis’ sustainability agenda, sets out the group’s objectives and priorities. Azelis is a member of Together for Sustainability®, a global initiative for sustainable supply chains.
Morningstar Sustainalytics is one of the leading ESG research, ratings, and data firm that supports investors around the world with the development and implementation of responsible investment strategies. For nearly 30 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors.
Today, the firm works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices, and capital projects.
Source: Azelis
