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Recognition

EcoVadis rating boost for RETAL

Limassol, Cyprus

RETAL has gained its highest ever EcoVadis score, reaching 65% to achieve Bronze level.

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This 6-point increase from the previous year’s evaluation means that multinational plastic packaging manufacturer RETAL is closing in on its target to reach 75%.

This very positive score also takes RETAL into the top 35% of companies evaluated by this ‘leading sustainability intelligence platform’, which is widely recognized by all sectors as the mainstream benchmark for sustainability performance and is used by most of RETAL’s customers.

RETAL’s Chief Sustainability Officer, Emmanuel Duffaut, says, “Our progress was largely thanks to our 15-point increase in our most impactful category, ‘Labour & Human Rights’, and in our higher ‘Ethics’ rating. I’m also pleased to report that our 68% rating in ‘Procurement’, 70% in ‘Environment’ and ‘Advanced’ rating in Carbon Management remained constant and strongly contributed. This combines to reward our continuous sustainability commitment and management at the highest level throughout our business.”

While Duffaut and his team are pleased with this positive evaluation, the plan for further sustainability action continues. He adds, “We’re implementing our policies aligning with the EcoVadis improvement plan, notably formalizing our Anti-Corruption action, reviewing our policies and setting the relevant targets to adeptly manage our material topics. This will see, amongst other things, an increase in our use of renewable energy and a reduction of our use of fossil fuel, while delivering more sustainability training throughout RETAL. We’re confident this will all help to increase our score in the EcoVadis 2024 exercise.”

www.retal.com

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