Diamond Packaging Awarded Gold in EcoVadis Corporate Social Responsibility (CSR) Assessment
Friday, June 22, 2018
Press release from the issuing company
Company recognized for its superior approach to Corporate Social Responsibility (CSR) practices.
Rochester, N.Y. – Diamond Packaging has been awarded a Gold rating for the second consecutive year, based on its participation in the EcoVadis Corporate Social Responsibility (CSR) assessment in April 2018. The company’s score classifies Diamond’s overall CSR performance as “Advanced,” and places it in the top 2% of suppliers evaluated by EcoVadis in all categories.
Corporate Social Responsibility (CSR) is the continuing commitment by businesses to act responsibly by integrating social and environmental concerns into their operations. CSR goes beyond regulatory compliance to focus on how companies manage their economic, social, and environmental impacts, as well as their relationships with stakeholders (e.g., employees, suppliers, government).
EcoVadis operates the first collaborative platform providing Supplier Sustainability Ratings for global supply chains. EcoVadis was founded with the belief that global businesses can make a huge positive impact on improving environmental and social practices globally, through their supply chains.
The EcoVadis methodology is at the core of its CSR analysis system, covering 21 criteria across four themes of Environment, Labor Practices, Fair Business Practices, and Sustainable Procurement. The methodology is built on international CSR standards including the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000, covering 180 spend categories and 150 countries.
Diamond was ranked in the top 4% of suppliers assessed by EcoVadis in the category “Manufacture of corrugated paper and paperboard and of containers of paper and paperboard”, and in the top 2% of suppliers assessed by EcoVadis in all categories.
Diamond ranked highest in the Environment category, which comprises both operational factors (e.g., energy consumption, waste management) and product stewardship (e.g., product end-of-life, customer health and safety issues).
Diamond reported on its industry-leading greenbox sustainability initiative to research, design, and implement packaging solutions that are innovative and more sustainable. The core of the initiative – designs, materials, and methods – represents a comprehensive approach to packaging that minimizes environmental impact throughout the supply chain.
Through creative design, careful material selection, and best practices at the plant level, Diamond is able to minimize waste, reduce shipping costs and increase efficiencies – all of which support a sustainable use of resources and cultivate a positive emotional connection to the brand. Today, all of Diamond’s packaging is manufactured using 100% clean, renewable wind energy and produced in a Zero Manufacturing Waste to Landfill (ZMWL) facility.
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