Holmen Paper received the platinum medal by EcoVadis 2020 for its sustainability work. According to EcoVadis, Holmen one of the world’s best companies when it comes to environmental and social responsibility.
Holmen Paper's mills, Braviken and Hallsta, have both been awarded the platinum rating for their sustainability work by EcoVadis in 2020. Platinum is only given to the top 1 % of the assessed 60,000 companies from all over the world.
EcoVadis is an independent analysis company that measures and evaluates the sustainability work of various companies. The areas included in the evaluation are environment, human rights and working conditions, business ethics, and the supply chain.
The EcoVadis overall score (0-100) reflects the quality of the company's sustainability management system at the time of the assessment. As Holmen Paper's both mills scored above 73 points respectively, in 2020, they were both appointed the platinum medal.
Up until year 2019, gold was the highest possible achievement. In 2020, a class above gold was added, to further reward and encourage the top performing companies. The criteria for scorecards published in 2020 are as follows:
EcoVadis makes the assessments with the aim to provide a universal tool for measuring corporate responsibility and sustainability. The tool is a set of scores which are industry-independent and can be applied for all suppliers.
EcoVadis covers key findings from their 2015-2019 assessments in their report 'Sustainability Risk and Performance Index: Insights from Global Supply Chain Ratings'.