Stahl demonstrates progress on Esg Ambitions

Stahl has been awarded a Platinum rating by the sustainability rating agency EcoVadis for the second consecutive year with a rating increased by three points compared to its 2022 score.

EcoVadis is a globally recognised, evidence-based rating platform that assesses the performance of more than 90,000 organisations against key sustainability criteria across four categories: Environment, Labour & Human Rights, Ethics and Sustainable Procurement. Stahl achieved its first Platinum rating in 2022, having undergone its first EcoVadis assessment in 2015. For the 2023 EcoVadis assessment, Stahl received an overall score of 80 out of 100, up from 77 in 2022. This score is awarded to the top 1% of companies assessed by EcoVadis. Ingrid Weijer, ESG Performance Manager at Stahl: “We are proud to have maintained our Platinum EcoVadis rating for the second year in a row. This score reflects Stahl’s ongoing commitment to transparency and the new policies and initiatives that were introduced over the past 12 months. But we are not perfect, and the EcoVadis evaluation criteria are becoming more demanding, so we will continue to work to improve our performance into next year.” The majority of Stahl’s global manufacturing sites are now ISO 45001 certified and more than 94% are ISO 14001 certified. Stahl has also taken steps to improve its approach to employee career development and well- being. These include the creation of an individual career plan for all employees and the introduction of a new company-wide employee satisfaction survey. The company has set a 2030 target to maintain its EcoVadis Platinum rating by working closely with its value chain partners to help them reduce their impact. In 2022, 83% of Stahl’s total spend on raw materials was sourced from EcoVadis-rated suppliers.