NewAge Industries Achieves Platinum EcoVadis Ranking for Sustainability Excellence
TL;DR
NewAge Industries' Platinum Medal from EcoVadis positions it as a top 1% global leader in sustainability, offering a competitive edge in biopharma and industrial markets.
EcoVadis assessed NewAge Industries on 21 sustainability criteria across four themes, leading to a platinum rating by improving performance in environment, labor, ethics, and procurement.
NewAge Industries' commitment to sustainability and employee ownership exemplifies how businesses can contribute positively to global environmental and social standards.
Discover how NewAge Industries achieved a top 1% global sustainability ranking by visiting their green initiatives page for insights into their eco-friendly practices.
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NewAge Industries, Inc., a leader in fluid transfer systems solutions for the biopharma and industrial markets, has been recognized with a Platinum Medal by EcoVadis, a prestigious global sustainability rating platform. This accolade signifies NewAge's placement in the top 1% of companies evaluated worldwide, marking a significant improvement from its previous Gold rating. The assessment, which scrutinizes 21 sustainability criteria across four key areas—Environment, Labor & Human Rights, Ethics, and Sustainable Procurement—highlights NewAge's dedication to sustainability and corporate responsibility.
Mary Marcus, NewAge's Chief Executive Officer, attributed this achievement to the company's long-standing commitment to sustainability, initiated nearly two decades ago with the formation of its Employee Stock Ownership Plan (ESOP). Marcus emphasized the company's ongoing mission to 'do good' and excel, a principle that has guided its operations and innovations in the biopharma and industrial sectors. This recognition not only underscores NewAge's leadership in sustainability but also its potential to influence the industry towards more sustainable practices.
The implications of NewAge's Platinum ranking extend beyond corporate accolades. It sets a benchmark for sustainability in the biopharma and industrial markets, encouraging other companies to elevate their environmental and social governance standards. For customers and suppliers, NewAge's achievement offers assurance of partnering with a company that prioritizes sustainability, potentially influencing purchasing decisions and fostering collaborations aimed at sustainable solutions. This milestone reflects the growing importance of sustainability in corporate success and its impact on global markets.
Curated from 24-7 Press Release
