Apollo Tyres achieves Gold Rating in EcoVadis Sustainability Assessment
Kochi, Jun 2 (UNI) Apollo Tyres Ltd has received the prestigious Gold Rating from EcoVadis, the world's leading provider of business sustainability ratings.
This accomplishment places Apollo Tyres in the top 5% of all companies globally, across industries, reflecting company's unwavering commitment to sustainability, ethical business practices and social responsibility.
EcoVadis evaluates companies on a comprehensive set of criteria, including environmental impact, labour practices, ethics and sustainable procurement.
The Gold rating reflects the significant progress Apollo Tyres has made across these dimensions, reinforcing its dedication to sustainability and corporate responsibility.
The overall performance score for Apollo Tyres Ltd improved to 95th percentile in FY25, up from the 92nd percentile previous year, while the overall score improved from 41 to 76 in the last 5 years.
Sunam Sarkar, President and Chief Business Officer, Apollo Tyres said, 'The manifold improvement in our Environment, Ethics and Labour and Human Rights scores was driven by focused initiatives such as enhanced environmental management practices, strengthened ethics and compliance programmes, and the implementation of inclusive labour policies."
"This recognition is a testament to the hard work and dedication of our teams, who have worked tirelessly to integrate sustainable practices throughout our operations, motivating us to continue advancing our sustainability journey.'
Among the four areas that EcoVadis assess -- environment, labour and human rights, ethics and sustainable procurement -- the most notable improvement was in Ethics and Labour and Human Rights section, where the score increased from 50 to 63 and 70 to 80 points respectively.
Apollo Tyres achieved the highest score in Environment with 85 points, while Sustainable Procurement performance score was 71 points.
An overall score of 76/100 reflects Apollo Tyres' commitment to combat climate change, fostering
a safe and inclusive workplace, and upholding the highest ethical standards to ensure trust and transparency throughout the value chain.
In the EcoVadis assessment, top 1% of the companies scoring 99+ percentile get platinum ranking, top 5% with 95+ percentile get gold ranking, top 15% with 85+ percentile get silver ranking and top 35% with 65+ percentile get bronze ranking.
UNI DS BM
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United News of India
4 days ago
- United News of India
Apollo Tyres achieves Gold Rating in EcoVadis Sustainability Assessment
Kochi, Jun 2 (UNI) Apollo Tyres Ltd has received the prestigious Gold Rating from EcoVadis, the world's leading provider of business sustainability ratings. This accomplishment places Apollo Tyres in the top 5% of all companies globally, across industries, reflecting company's unwavering commitment to sustainability, ethical business practices and social responsibility. EcoVadis evaluates companies on a comprehensive set of criteria, including environmental impact, labour practices, ethics and sustainable procurement. The Gold rating reflects the significant progress Apollo Tyres has made across these dimensions, reinforcing its dedication to sustainability and corporate responsibility. The overall performance score for Apollo Tyres Ltd improved to 95th percentile in FY25, up from the 92nd percentile previous year, while the overall score improved from 41 to 76 in the last 5 years. Sunam Sarkar, President and Chief Business Officer, Apollo Tyres said, 'The manifold improvement in our Environment, Ethics and Labour and Human Rights scores was driven by focused initiatives such as enhanced environmental management practices, strengthened ethics and compliance programmes, and the implementation of inclusive labour policies." "This recognition is a testament to the hard work and dedication of our teams, who have worked tirelessly to integrate sustainable practices throughout our operations, motivating us to continue advancing our sustainability journey.' Among the four areas that EcoVadis assess -- environment, labour and human rights, ethics and sustainable procurement -- the most notable improvement was in Ethics and Labour and Human Rights section, where the score increased from 50 to 63 and 70 to 80 points respectively. Apollo Tyres achieved the highest score in Environment with 85 points, while Sustainable Procurement performance score was 71 points. An overall score of 76/100 reflects Apollo Tyres' commitment to combat climate change, fostering a safe and inclusive workplace, and upholding the highest ethical standards to ensure trust and transparency throughout the value chain. In the EcoVadis assessment, top 1% of the companies scoring 99+ percentile get platinum ranking, top 5% with 95+ percentile get gold ranking, top 15% with 85+ percentile get silver ranking and top 35% with 65+ percentile get bronze ranking. UNI DS BM
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