Perstorp: EcoVadis platinum rating for sustainability work
Specialty chemicals innovator Perstorp, a wholly owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), received a platinum medal for being among the top 1 percent of companies assessed for sustainability by EcoVadis.
Perstorp progressed in all four assessed areas compared to the previous year; Environment, Labor & Human rights, Ethics and Sustainable Procurement.
Since its founding in 2007, EcoVadis has grown to become one of the world's largest and most trusted provider of business sustainability ratings, creating a global network of more than 130,000 rated companies. The EcoVadis sustainability assessment methodology is an evaluation of how well a company has integrated the principles of Sustainability/CSR into their business and management system. The methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000, covering 220+ spend categories and 180+ countries.