Epiroc AB has for the second year in a row been awarded a Gold Medal by global sustainability ratings firm EcoVadis. Epiroc’s sustainability work ranked among the top 2% of companies assessed. The rating reflects Epiroc’s commitment to sustainability including its ambitious 2030 goals.
EcoVadis evaluated more than 175 000 companies across four key areas: environment, labour and human rights, ethics and sustainable procurement.
“Being recognised by EcoVadis is a testament to our commitment to sustainability,” says Helena Hedblom, Epiroc’s President and CEO. “Sustainability is at the core of our strategy and a driving force behind our innovation agenda. Together with our customers, we are advancing solutions that support both productivity and sustainability.”
Epiroc’s rating underscores a strong performance across the four key areas. The company demonstrates leadership in environmental sustainability by continuously working on its ambitious climate targets, improving resource productivity, and advancing circularity across its operations and offerings.
One current example is Epiroc’s on-going ramp-up of the recycling of carbide used in drill bits. In the area of labour and human rights, Epiroc is committed to providing safe, fair and inclusive workplaces. Ethical governance is rooted in a strong culture of integrity and supported by robust compliance practices. Epiroc’s sustainable procurement efforts are anchored in strong supplier partnerships and a commitment to responsible sourcing across the value chain.
Epiroc’s sustainability goals for 2030 include, among other things, to halve CO2e emissions. Its climate targets are validated by the Science Based Targets initiative as being in line with keeping global warming at a maximum 1.5° C. EcoVadis’ standardised and independent ratings make it easier for customers to assess suppliers’ sustainability performance.
While the EcoVadis Gold Medal is awarded to companies scoring in the top 5%, Epiroc scored in the uppermost 2%. In June, TIME Magazine for the third year in a row listed Epiroc among the world’s most sustainable companies.
