Company recognized for its advanced approach to Corporate Social Responsibility (CSR) practices.
Rochester, N.Y. – Diamond Packaging today announced that it has been awarded a Gold rating for the fourth consecutive year, based on its 2020 EcoVadis Corporate Social Responsibility (CSR) assessment. The company’s score classifies Diamond’s overall CSR performance as “Advanced” and places it in the top 2% of all companies evaluated by EcoVadis.
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.
“We are thrilled with this recognition as it affirms our CSR commitment and value as a supply chain partner,” said Dennis Bacchetta, director of marketing and founding member of Diamond’s Green Team. “Diamond’s packaging is designed utilizing recyclable or recycled paperboards (many FSC-certified), and manufactured using 100% clean, renewable wind energy, in a Zero Manufacturing Waste to Landfill (ZMWL) facility.”
The EcoVadis methodology is at the core of its CSR analysis system, covering 21 criteria across four themes of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The methodology is based on international CSR standards, including the Global Compact Principles, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standard, the ISO 26000 standard, and the CERES principles.
Diamond ranked in the top 2% of suppliers assessed by EcoVadis in the category “Manufacture of corrugated paper and paperboard and of containers of paper and paperboard”.
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.