Bronze Medal Awarded To Sumitomo (SHI) Demag For Sustainability Achievements

November 2022. EcoVadis has awarded Sumitomo (SHI) Demag its bronze medal in recognition of its sustainability achievements. Achieving a score of 54 points, the company narrowly missed out on the silver medal, which required 56 points. Providing CEO Gerd Liebig with both confirmation that its sustainability strategy is robust, but equally giving future motivation. Mr Liebig comments: “Sustainability in our mind is a corporate strategy and lived practice - for our products, for our production, but also with regard to being a responsible employer.  Achieving the EcoVadis bronze medal shows that we are on the right track, but at the same time provides an incentive to become even better in the coming year.“

EcoVadis is a software platform renowned for assessing the sustainability of companies, which includes examining the entire supply chain. Major competitors of Sumitomo (SHI) Demag are active in this ranking too. Based on questionnaires and corresponding reports, points are awarded in the categories of labour and human rights, environment, sustainable procurement, carbon management and ethics. This wider view of sustainability topics from every angle determines the overall result.

“Our customers were approached and asked to rate us. We completed this assessment for the first time in 2021, and this year improved our performance,” reports Carsten Friedemann, Compliance Officer at Sumitomo (SHI) Demag. “The bronze medal is awarded to a company receiving a rating that is better than half of the participating organisations. By reaching 64 percent, this placed us in the top 40 percent for our industry," he explains.

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