KHS earns Ecovadis Gold Rating
KHS, a systems supplier based in Dortmund, Germany, has once again been awarded a gold rating by sustainability rating agency Ecovadis, scoring 73 out of 100 points in a revised evaluation system.
In taking part in the Ecovadis audit, KHS has had its commitment to sustainability, especially within its global value chains, verified since 2012. Increasingly strict requirements – necessitated in Europe in particular by the regulations of the European Green Deal – have caused the rating agency to make fundamental changes to its principle of assessment. This has resulted in renewed intensification of all of the rating criteria. The benchmarks in the assessed categories of environment, labor law and human rights, ethics and sustainable procurement have been significantly raised. This has led to greater competition between the participating companies and made the procedure even more demanding with regard to the results achieved to date and their associated rankings. Moreover, annual updates of Ecovadis’ evaluation criteria mean that requirements governing proof of performance during an audit have also been tightened. In short, companies thus need to constantly strive to improve their commitment to sustainability.
In this context, KHS GmbH CEO Kai Acker considers the company’s renewed gold status to be a particularly great success. Despite the tougher criteria, the company improved its score and remains among the top 5% of companies evaluated globally. Acker stated that this achievement reinforces the company’s commitment to reaching net zero by 2050.
Ecovadis is a widely recognised platform that assesses corporate sustainability across industries, with over 130,000 companies evaluated from more than 180 countries.
