Vantiva's commitment to sustainability recognized with EcoVadis Platinum Award and ranking in the Top 2% of responsible companies by S&P Global
Press Release
Vantiva's commitment to sustainability recognized with EcoVadis Platinum Award and ranking in the Top 2% of responsible companies
by S&P Global
Vantiva confirms its place in the Top 1% of companies worldwide assessed by EcoVadis
and earns a Platinum Medal for the second consecutive year.
Vantiva is also ranked in the Top 2% of companies worldwide and third in the "Communication Equipment" category by S&P Global.
Paris – June 1, 2023 – Vantiva (Euronext Paris: VANTI; OTC Pink: TCLRY), formerly known as Technicolor and a global technology leader in creating innovations that connect people to the content and services they need at home and at work, has received the highest honors from EcoVadis and S&P Global for its commitment to corporate social responsibility (CSR).
EcoVadis, one of the world's leading CSR rating agencies, awarded its highest honor, the Platinum Medal, to Vantiva. This honor ranks Vantiva in the top 1% of companies worldwide rated by the agency, regardless of size or industry. This is the second year in a row that Vantiva has received this distinction from EcoVadis, with a two-point increase in its score over the past year following Gold Medals in the three years prior to that. EcoVadis is based on four categories of criteria: environment, labor and human rights, ethics, and sustainable procurement.
Vantiva also moved up in the S&P Global score and ranking with an ESG rating of 65/100, up 8 points (March 17, 2023 score). Vantiva now ranks in the top 2% worldwide in its category (communications equipment sector), up from the top 10% in 2022. Vantiva ranks third among companies in its sector, and first in the environmental category with the highest score. The panel studied by S&P Global's extra-financial department includes no less than 112 global companies. The rating is based on the audit of numerous criteria in three areas: environment, social and governance.
"This is a great source of pride for all of us at Vantiva, who work hard every day to make our company a responsible player that is aware of the challenges facing present and future generations of all its stakeholders," says Luis Martinez-Amago, Vantiva's CEO.
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"These major awards from EcoVadis and S&P Global once again crown more than 15 years of effort, especially in decarbonizing our supply and lowering the energy consumption of our products and sites," says Olga Damiron, Chief People and Talent Officer, Executive Vice President of CSR and Corporate General Counsel of the Group.