NORTH CHARLESTON, S.C. (News release) -- Ingevity Corporation announced that it has received the gold rating for sustainability by EcoVadis, an independent organization that provides evidence-based sustainability assessments for companies within global supply chains, placing Ingevity in the top 3% of respondents in the specialty chemicals sector and affirming the company's commitment to its purpose to purify, protect and enhance the world.
Ingevity's advancement from its 2021 silver rating to gold status in 2022 moved the company to the 97th percentile. Additions to the company's sustainability initiatives in 2022 included the release of the company's first energy policy, the launch of the Zhuhai, China, location's solar panel system to increase the company's use of renewable energy, the creation of employee resource groups (ERGs) to advance diversity, equity and inclusion priorities and the 2022 endorsement of sustainable corporate practices by the United Nations Global Compact.
"Ingevity's achievement of the gold EcoVadis rating this year marks a milestone for our company because it builds on our legacy of manufacturing specialty chemistries that impart benefits for our customers, society and the environment and shows our dedication to going further," said John Fortson, Ingevity's president and CEO. "It is an esteemed validation that the work we're doing to change the way we operate is making our sustainability impact even greater and furthering our purpose to purify, protect and enhance the world."
Established in 2007, EcoVadis is an industry standard for evaluating and rating sustainable business and procurement practices. The EcoVadis methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact and the ISO 26000, and the EcoVadis framework assesses companies' policies, actions and public reporting related to the environment, labor and human rights, ethics and sustainable procurement to evaluate their commitment to responsible corporate citizenship.
Ingevity publishes an annual sustainability report that provides an in-depth overview of its sustainability initiative, metrics and certifications, and its framework of management practices. Visit the company's website to learn more about Ingevity's sustainability initiative and view its sustainability report.