Kraton Corporation has announced that it received a Silver recognition medal for its sustainability rating from EcoVadis. This is the seventh consecutive year the company was recognized for commendable sustainability performance.
Commitment to Sustainability at Every Level
“This continuous recognition demonstrates Kraton’s commitment to sustainability at every level of our organization,” said Nella Baerents, Kraton’s Sustainability Policy Director.
“We believe sustainability will help us to grow, improve productivity and manage risks.”
Kraton works with more than 6,000 suppliers globally. Kraton’s Supplier Code of Conduct, Conflict Minerals Policy, and Slavery and Human Trafficking Statement guide suppliers on Kraton’s expectations. This includes high integrity and ethical behavior regarding human rights, material supply sourcing and fair competition.
Reducing Risks in the Supply Chain
In 2018, Kraton began rolling out its responsible procurement program and became an Enterprise user of EcoVadis ratings to further improve sustainability performance and reduce risks in the supply chain.
“Our direct engagement with customers, and especially suppliers, through the EcoVadis platform is an example of risk management in action,” said Suzanne Pesgens, Kraton’s Vice President and Chief Procurement Officer. “
At the end of the day, we have to progress and build a sustainable economy together with all actors in the value chain. No company can do it alone.”
EcoVadis Accelerating Growth and Innovations
EcoVadis is a global provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. The EcoVadis platform and sustainability scorecards provide insight into environmental, social and ethical risks across 198 purchasing categories and 155 countries.
Their methodology provides a single framework to evaluate, collaborate and improve sustainability performance in order to protect brands, foster transparency and innovation and accelerate growth.
Source: Kraton Corporation