Armor Group secures fifth consecutive EcoVadis Gold Rating, Fedrigoni earns Platinum for sustainable sourcing

FRANCE – Armor Group has once again been awarded the EcoVadis Gold medal, marking its fifth consecutive year of recognition for corporate social responsibility (CSR) excellence.

This achievement highlights the company’s commitment to sustainable and ethical business practices.

EcoVadis, a global leader in CSR performance ratings, evaluates companies based on their policies, initiatives, and results in areas such as environmental impact, labor practices, ethics, and sustainable procurement.

Armor Group secured an overall score above 65/100, placing it among the top 5% of companies assessed globally across all industries.

Since 2011, Armor Group has adopted a values-driven approach to CSR, using self-assessments, data analysis, and action plans to drive continuous improvement in social and environmental innovation.

“A 21st-century company must be committed, or cease to exist,” said Hubert de Boisredon, CEO of Armor Group.

“Social responsibility is now embedded in our corporate culture. We call this commitment ‘Socially Responsible Innovation.’”

The Gold rating reinforces Armor Group’s leadership in responsible business practices and demonstrates its long-term dedication to positively impacting society and the environment. 

Fedrigoni achieves EcoVadis Platinum Rating for sustainable procurement

Meanwhile, Fedrigoni has once again earned the EcoVadis Platinum medal, securing an impressive 90/100 score for 2024—marking the third consecutive year of top-tier recognition. This places the company in the top 1% of the most responsible businesses worldwide.

Fedrigoni’s sustainability strategy extends beyond its production processes to its entire supply chain, ensuring ethical and sustainable practices among its 241 suppliers.

Through targeted initiatives, the company has helped suppliers increase their ESG scores by an average of 4.5 points, reinforcing its commitment to industry-wide transformation.

To drive sustainable procurement, Fedrigoni enforces a strict Code of Conduct for suppliers that covers environmental, social, and governance (ESG) criteria.

In 2023, the company updated its procurement policy to include periodic ESG performance reviews of business partners, criteria for identifying high-risk suppliers, industry benchmarking, and third-party verification.

Fedrigoni has collaborated with EcoVadis since 2020, leveraging its intelligence platform to measure supplier ESG performance.

This partnership has enabled the integration of sustainability parameters into supplier evaluations, ensuring that vendors meet evolving industry standards and regulatory requirements. 

“Through continuous dialogue with our suppliers, we are fostering concrete sustainability initiatives that align with our long-term ESG strategies,” said Alessandro Gaiati, Chief Procurement Officer at Fedrigoni Group.

“This collaborative approach is a key driver of our success in sustainable procurement.”

Fedrigoni actively supports its partners through roundtables, workshops, and training programs that help them develop and refine their own sustainability strategies.

Fedrigoni’s Platinum rating from EcoVadis underscores its leadership in sustainable business practices, reinforcing its commitment to achieving 100% recyclability and meeting its 2030 sustainability goals.

Subscribe to our email newsletters that provide busy executives like you with the latest news insights and trends from Africa and the World. SUBSCRIBE HERE