SGD Pharma Attains Prestigious Gold Rating in EcoVadis’ 2024 Sustainability Assessment

by GlassBalkan
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Leading the Way: SGD Pharma Achieves Gold Medal and 98th Percentile Ranking in EcoVadis Sustainability Ratings

In a remarkable feat, SGD Pharma, a global powerhouse in glass pharmaceutical packaging, has clinched the prestigious gold medal in the 2024 sustainability ratings by EcoVadis. With an impressive score of 77, SGD Pharma has secured its place in the 98th percentile among manufacturers of glass and glass products, reaffirming its commitment to sustainable practices. EcoVadis, the world’s most trusted sustainability ratings provider, evaluates over 125,000 companies across key areas such as Environment, Labour and Human Rights, Sustainable Procurement, and Ethics.

SGD Pharma’s gold medal is a testament to its exceptional performance, ranking it in the top 5 percent of all companies assessed. The comprehensive score of 77/100 spans four crucial categories: Environment, Sustainable Procurement, Ethics, and Labour and Human Rights. This achievement underscores SGD Pharma’s unwavering dedication to continuous improvement and learning from its existing sustainable efforts.

The journey to this gold rating reflects SGD Pharma’s extensive efforts in implementing sustainable practices across its five global manufacturing plants. A significant 81 percent of operational lines at SGD Pharma boast ISO 14001 certification, highlighting the company’s commitment to environmental objectives. The Vemula plant in India recently achieved SA 8000 certification, showcasing SGD Pharma’s adherence to the highest social standards. EcoVadis recognized SGD Pharma’s ethical strides, including updates to whistleblowing procedures and an impactful anti-corruption awareness campaign.

Sustainability remains a core focus for SGD Pharma, evident in its commitment to the Science Based Targets initiative (SBTi) for decarbonization. The French purchasing team’s membership in ObsAR ensures sustainable procurement targets are met, providing guidelines for responsible purchasing.

In an era where sustainability is pivotal in business decisions, EcoVadis’ ratings serve as a vital benchmark. Beyond internal assessment tools, these ratings act as independent indicators for environmentally conscious businesses, helping customers align with sustainable suppliers. SGD Pharma’s gold rating signifies not only an achievement but a commitment to a sustainable future.

Source: GlassBalkan

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