KHS has earned the gold standing for the primary time based mostly on the EcoVadis ranking system. In comparison with the final audit from 2022, KHS has improved by 12 factors to 71 out of a potential complete of 100. In keeping with EcoVadis, the corporate has made progress in all assessed classes.
EcoVadis is without doubt one of the world’s key platforms for the evaluation of company sustainability achievements. The corporate goals to supply events from varied sectors and markets with a dependable abstract of the standard of administration programs and the related danger administration setup of corporations within the provide chain.
Since 2012, KHS has taken half within the annual audit run by EcoVadis. Up to now, EcoVadis has awarded the Dortmund programs supplier with seven silver and two bronze accolades.
“With our first gold medal EcoVadis has honored the KHS Group’s ever-growing dedication and authorized our well-functioning system of sustainability administration,” mentioned Kai Acker, CEO of KHS. “The much-improved ranking result’s a transparent manifestation of the continual steps we’ve been taking on this area for a few years now. We’ll be persevering with to constantly pursue this coverage with the goal of reaching internet zero by 2045.”
Because the signing of the European Inexperienced Deal in December 2019 and thus the rising significance of the ranking within the context of ESGs, EcoVadis has significantly broadened its evaluation standards. Moreover, the French firm additionally toughened up its scoring system as of 1 Jan 2023.
KHS convincing in sector comparability
EcoVadis assesses the sustainability achievements of corporations based mostly on the 4 central standards of surroundings, ethics, sustainable procurement, and labour regulation and human rights. In all areas KHS has made appreciable enhancements over the earlier 12 months. The producer’s largest achieve was within the sustainable procurement class, the place it went up 20 factors on the scoring system. KHS additionally improved on final 12 months’s outcomes by ten respective factors within the surroundings, labour regulation and human rights and ethics sections.
“By means of varied focused measures we’ve been in a position to show that we flip vital necessities into processes, thus making these mounted parameters in a system of practiced sustainability,” added Acker.
In keeping with the EcoVadis ranking, KHS is among the many prime 2% of producers of normal equipment. Within the surroundings and sustainable procurement classes specifically, KHS is above common for the trade.
“Our constructive ranking sends an vital sign to our prospects and helps us to supply a reputable response to the rising curiosity in sustainability assessments from the monetary market. Our sustainability achievements display that we’re a dependable, future-proof accomplice,” Acker concluded.
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