ZURICH, Oct. 8th, 2024 - Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, has been awarded the prestigious EcoVadis Gold medal for its industry-leading sustainability practices.
Amcor's overall score increased from 70 to 73, placing the company in the 95th percentile of all companies assessed by EcoVadis. This recognition highlights Amcor's extensive work and positions the company among the top 5% of all companies evaluated. Notably, Amcor ranks in the top 1% of companies in its sector for sustainable procurement. The EcoVadis Gold medal underscores the company's commitment to implementing impactful initiatives and achieving measurable progress throughout the year.
David Clark, chief sustainability officer at Amcor, said, "We understand that our customers seek partners who not only share their values and support their strategic goals but also consistently demonstrate the highest standards. We are thrilled that EcoVadis has recognized Amcor's with a Gold medal. It serves as a testament to our dedication and the tangible progress we've made in our journey."
The EcoVadis assessment evaluates a company's performance across the areas of environment, labor and human rights, ethics, and procurement, based on 21 issues derived from international standards. Amcor not only completes this assessment annually and shares results with customers but also requires its strategic and critical suppliers to undergo EcoVadis assessments, ensuring high standards and risk management throughout its supply chain. In FY24, 85% of Amcor's strategic and critical suppliers completed recent EcoVadis assessments, representing $4 billion in spend.
Amcor's Gold medal reflects its commitment to responsible packaging, supported by significant R&D investments that drive innovative solutions.
