Latest news with #EcoVadisPlatinumMedal
Business Standard
06-05-2025
- Business
- Business Standard
RenewSys Awarded EcoVadis Platinum Rating -- A First in India's Solar Manufacturing Sector
VMPL New Delhi [India], May 6: RenewSys India Pvt Ltd (RenewSys), India's first integrated manufacturer of solar PV modules and their key components, has achieved a historic milestone by earning the EcoVadis Platinum Rating -- the highest level of sustainability recognition awarded by EcoVadis, the world's most trusted sustainability ratings platform. This prestigious rating was awarded by EcoVadis following a rigorous assessment of RenewSys' sustainability practices, placing the company among the top 1% of organizations evaluated worldwide. With this achievement, RenewSys becomes the first and only solar manufacturing company in India to earn the coveted EcoVadis Platinum Medal. EcoVadis assesses companies across the globe on 21 sustainability criteria grouped under four key pillars: Environment, Labour & Human Rights, Sustainable Procurement, and Ethics. With an impressive score of 86/100, RenewSys ranks in the top 1% percentile globally, setting a new sustainability benchmark for both the Indian and international renewable energy sectors. What makes this award particularly significant is that EcoVadis calculates percentile ranks across companies in all industries, not on a per-industry basis -- underscoring the outstanding nature of RenewSys' achievement. Avinash Hiranandani, VC & MD at RenewSys, commented: "We are proud and honoured to receive this platinum medal for sustainability, which is the core of everything we do here at RenewSys. As a key player in the solar industry, RenewSys has always led by example through its advanced manufacturing facilities and its strong focus on innovations and social responsibility. So, this Platinum Rating is not just an insignia, it is an assurance and commitment to customers, partners and the community." At a time when sustainability is no longer just a choice but a shared global responsibility, this recognition further strengthens RenewSys' position as a trusted, future-ready solar partner and a leader in driving sustainable transformation globally. About RenewSys RenewSys is India's first integrated manufacturer of Solar PV Modules (5.5 GW*) and key components - Encapsulants (9 GW), Backsheets (4 GW), with a high-efficiency cell line (2.5 GW*) under installation. Headquartered in Mumbai, RenewSys is the renewable energy arm of the ENPEE Group, an international conglomerate with a proud manufacturing legacy dating back to 1961. (*FY 26-27) Learn more at About EcoVadis EcoVadis is the world's leading provider of business sustainability ratings, assessing companies across Environment, Labour & Human Rights, Ethics, and Sustainable Procurement. Companies receive Bronze, Silver, Gold, or Platinum medals, with Platinum reserved for the top 1% of performers globally.
Yahoo
22-04-2025
- Business
- Yahoo
UL Solutions Earns Platinum Medal from EcoVadis for Sustainability Performance
Achieving the top EcoVadis rating reflects the safety science company's commitment to corporate sustainability NORTHBROOK, Ill., April 22, 2025--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that it has achieved a Platinum Medal from EcoVadis, a leader in business sustainability assessments, placing it in the top 1% of companies assessed by EcoVadis globally in the past 12 months. UL Solutions improved its rating from Silver – bypassing Gold – to reach EcoVadis' top Platinum rating this year. More than 150,000 companies have been rated by EcoVadis. "We are thrilled to receive the EcoVadis Platinum Medal," said Gitte Schjøtz, executive vice president and chief operations and sustainability officer, UL Solutions. "Our mission is working for a safer, more secure and more sustainable world, and this clearly indicates we are holding ourselves accountable for meaningful improvement in our own sustainability management and reporting." The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: environment, labor and human rights, ethics and sustainable procurement. The Platinum rating reflects the quality of UL Solutions' sustainability management system and demonstrates a commitment to promoting transparency throughout the value chain. EcoVadis' business sustainability ratings are based on international sustainability standards such as the Ten Principles of the UN Global Compact, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standards and the ISO 26000 standard. The ratings provide an evidence-based analysis on performance and an actionable roadmap for continuous improvement. Learn more about UL Solutions corporate sustainability here. About UL Solutions A global leader in applied safety science, UL Solutions (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. Source Code: ULS-IR View source version on Contacts Investors: Dan Scott / Rodny Nacier, ICR Media: Kathy FiewegerSenior Vice President, Chief Corporate Communications 312-852-5156 Sign in to access your portfolio
Business Wire
22-04-2025
- Business
- Business Wire
UL Solutions Earns Platinum Medal from EcoVadis for Sustainability Performance
NORTHBROOK, Ill.--(BUSINESS WIRE)-- UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that it has achieved a Platinum Medal from EcoVadis, a leader in business sustainability assessments, placing it in the top 1% of companies assessed by EcoVadis globally in the past 12 months. UL Solutions improved its rating from Silver – bypassing Gold – to reach EcoVadis' top Platinum rating this year. More than 150,000 companies have been rated by EcoVadis. 'We are thrilled to receive the EcoVadis Platinum Medal,' said Gitte Schjøtz, executive vice president and chief operations and sustainability officer, UL Solutions. 'Our mission is working for a safer, more secure and more sustainable world, and this clearly indicates we are holding ourselves accountable for meaningful improvement in our own sustainability management and reporting.' The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: environment, labor and human rights, ethics and sustainable procurement. The Platinum rating reflects the quality of UL Solutions' sustainability management system and demonstrates a commitment to promoting transparency throughout the value chain. EcoVadis' business sustainability ratings are based on international sustainability standards such as the Ten Principles of the UN Global Compact, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standards and the ISO 26000 standard. The ratings provide an evidence-based analysis on performance and an actionable roadmap for continuous improvement. Learn more about UL Solutions corporate sustainability here. About UL Solutions A global leader in applied safety science, UL Solutions (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. Source Code: ULS-IR
