06 Jun EcoVadis Gold Medal
Cosmewax has been awarded with EcoVadis Gold Medal
Thanks to the effort to make sustainability one of the pillars of its long-term business strategy, Cosmewax has been awarded by Ecovadis with a Gold Medal in recognition of its achievements in SUSTAINABILITY.
The Ecovadis platform measures companies’ performance and commitment in various areas, including the environment, labor and human rights, fair trade practices, ethics, and sustainable procurement.
Ecovadis is a French organization founded in 2007 with offices in 12 countries. It has become a trusted partner for 450 multinationals worldwide to assess their suppliers’ sustainability practices.
Comprised of professionals from over 40 nationalities, Ecovadis has developed a platform with its own CSR rating methodology. It covers 198 purchasing categories, 155 countries, and 21 sustainability indicators. Achieving a gold medal places Cosmewax in the top 5% of all companies rated in our sector worldwide. Thus, Cosmewax occupies one of the leading positions in the field of CSR, not only in our country but also internationally.
The evaluation has consisted of reviewing the following areas:
o Environment
o Labor Practices and Human Rights
o Ethics
o Sustainable Purchasing
Cosmewax strengths in these areas are:
o ENVIRONMENT: Implemented environmental policy, ISO14001 certification, adherence to the United Nations Global Compact, progress towards the Sustainable Development Goals (SDG), environmental emergency procedure, waste management, direct CO2 emissions reports, energy consumption reports and significant environmental aspects reports.
o LABOR PRACTICES AND HUMAN RIGHTS: Work environment survey, Emergency and evacuation plan, works council, provision of PPE to employees, internal audits on health and safety issues, detailed assessment of risks to the health and safety of employees, reports on the severity rate and frequency of accidents and annual social audits.
o ETHICS: Information security policy, implementation of ethical code, measures to protect confidentiality.
o SUSTAINABLE PURCHASES: Sustainable procurement policies regarding environmental issues, periodic evaluation of suppliers (e.g. questionnaire) on environmental or social practices.
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