Nolato awarded silver medal in sustainability review

EcoVadis is one of the world’s largest and most trusted institutions for the assessment of companies’ sustainability work. Their methodology is based on international sustainability standards such as the Global Reporting Initiative, the UN’s Global Compact and ISO 26000. Their assessments focus on how well companies integrate sustainability into their business strategy and management systems. 

They examine how each company manages its environmental impact, working conditions, human rights, ethics and sustainable procurement, as well as how transparently companies report their sustainability work. They also take into account how the company’s suppliers perform on these issues.

During the review 2023, Nolato was awarded a silver medal for its work. This puts us in the best 13% of the more than 100,000 companies that have been reviewed. Nolato’s total rating has improved from 54 in its 2022 review to 65 in this year’s review.

“For sustainable procurement the improvement was 75%, from 40 to 70 points, due to our implementation of global guidelines in all Group units, which those units then communicate on to their suppliers,” says Camilla Magnusson, Group Procurement Director.