Commitment to sustainability – SCHOTT again awarded EcoVadis GOLD
Thursday, November 16, 2023, Mainz, Germany
- Technology company among the top 4% of all companies rated
- Acknowledgement of sustainability activities
- Improvements especially in the area of environment and climate
The technology Group SCHOTT has again received a GOLD rating for its sustainability management from the renowned sustainability rating agency EcoVadis. In the current assessment, SCHOTT leaped from the top 7% in 2022 to the outstanding top 4% of all companies rated worldwide in 2023. “This repeated recognition by EcoVadis is further confirmation of our commitment to environmental protection, ethical business practices and social responsibility,” commented SCHOTT CEO Dr. Frank Heinricht.
The energy-intensive company’s consistent measures in the areas of the environment and climate are key factors in earning this award: In the environment category, EcoVadis ranked the technology Group among the top 1% in the glass industry with 100 out of 100 points and the company was able to improve by 10 points compared to last year.
In addition, SCHOTT also increased its score in the Sustainable Procurement category from 50 points in 2022 to 60 points in 2023. This improvement reflects the proactive approach to responsible sourcing and supply chain management. In addition, the high score of 60 points in the labor, human rights and ethics categories was maintained, which is well above the industry average.
Sustainability ratings promote transparency and mutual trust in business relationships. Over 100,000 companies from 175 countries and 200 industries rely on the EcoVadis sustainability ratings.
In addition, SCHOTT also increased its score in the Sustainable Procurement category from 50 points in 2022 to 60 points in 2023. This improvement reflects the proactive approach to responsible sourcing and supply chain management. In addition, the high score of 60 points in the labor, human rights and ethics categories was maintained, which is well above the industry average.
Sustainability ratings promote transparency and mutual trust in business relationships. Over 100,000 companies from 175 countries and 200 industries rely on the EcoVadis sustainability ratings.
Pioneering. Responsibly. Together.
These attributes characterize SCHOTT as a manufacturer of high-tech materials based on specialty glass. Founder Otto Schott is considered its inventor and became the pioneer of an entire industry. Always opening up new markets and applications with a pioneering spirit and passion – this is what has driven the #glasslovers at SCHOTT for almost 140 years. Represented in over 30 countries, the company is a highly skilled partner for high-tech industries: Healthcare, Home Appliances & Living, Consumer Electronics, Semiconductors & Datacom, Optics, Industry & Energy, Automotive, Astronomy & Aerospace. In the fiscal year 2022, its 17,200 employees generated sales of 2.8 billion euros. SCHOTT AG is owned by the Carl Zeiss Foundation, one of the oldest foundations in Germany. It uses the Group's dividends to promote science. As a foundation company, SCHOTT has anchored responsibility for employees, society and the environment deeply in its DNA. The goal is to become a climate-neutral company by 2030.
Christine Fuhr
Communications Manager