Ingevity awarded gold rating for corporate social responsibility by EcoVadis, places in the top 3% in its industry
September 21 2022 - 9:00AM
Business Wire
Ingevity Corporation (NYSE:NGVT) today announced that it has
received the gold rating for sustainability by EcoVadis, an
independent organization that provides evidence-based
sustainability assessments for companies within global supply
chains, placing Ingevity in the top 3% of respondents in the
specialty chemicals sector and affirming the company’s commitment
to its purpose to purify, protect and enhance the world.
Ingevity’s advancement from its 2021 silver rating to gold
status in 2022 moved the company to the 97th percentile. Additions
to the company’s sustainability initiatives in 2022 included the
release of the company’s first energy policy, the launch of the
Zhuhai, China, location’s solar panel system to increase the
company’s use of renewable energy, the creation of employee
resource groups (ERGs) to advance diversity, equity and inclusion
priorities and the 2022 endorsement of sustainable corporate
practices by the United Nations Global Compact.
“Ingevity’s achievement of the gold EcoVadis rating this year
marks a milestone for our company because it builds on our legacy
of manufacturing specialty chemistries that impart benefits for our
customers, society and the environment and shows our dedication to
going further,” said John Fortson, Ingevity’s president and CEO.
“It is an esteemed validation that the work we’re doing to change
the way we operate is making our sustainability impact even greater
and furthering our purpose to purify, protect and enhance the
world.”
Established in 2007, EcoVadis is an industry standard for
evaluating and rating sustainable business and procurement
practices. The EcoVadis methodology is built on international
sustainability standards, including the Global Reporting
Initiative, the United Nations Global Compact and the ISO 26000,
and the EcoVadis framework assesses companies’ policies, actions
and public reporting related to the environment, labor and human
rights, ethics and sustainable procurement to evaluate their
commitment to responsible corporate citizenship.
Ingevity publishes an annual sustainability report that provides
an in-depth overview of its sustainability initiative, metrics and
certifications, and its framework of management practices. Visit
the company’s website to learn more about Ingevity’s sustainability
initiative and view its sustainability report.
Ingevity: Purify, Protect and Enhance
Ingevity provides products and technologies that purify, protect
and enhance the world around us. Through a team of talented and
experienced people, we develop, manufacture and bring to market
solutions that help customers solve complex problems and make the
world more sustainable. We operate in two reporting segments:
Performance Chemicals, which includes specialty chemicals and
engineered polymers, and Performance Materials, which includes
high-performance activated carbon. These products are used in a
variety of demanding applications, including asphalt paving, oil
exploration and production, agrochemicals, adhesives, lubricants,
publication inks, coatings, elastomers, bioplastics and automotive
components that reduce gasoline vapor emissions. Headquartered in
North Charleston, South Carolina, Ingevity operates from 25
locations around the world and employs approximately 1,850 people.
The company is traded on the New York Stock Exchange (NYSE:NGVT).
For more information visit www.ingevity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220921005254/en/
Caroline Monahan 843-740-2068 caroline.monahan@ingevity.com
Investors: John Nypaver 843-740-2002
investors@ingevity.com
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