Sustainability: FRIEM Achieves EcoVadis Gold
We are proud to announce that in December 2024, FRIEM received the EcoVadis Gold Medal with a score of 76/100. This achievement places us in the top 5% of all evaluated companies, marking a significant milestone in our sustainability journey and anticipating the target set for 2025 in our Sustainability Report.
What Does this Mean?
Being in the top 5% places us among the leading companies evaluated by EcoVadis. This recognition highlights our ongoing commitment to sustainability, quality, and responsibility across all operations, positioning FRIEM as a leader in its sector and among the top ESG (Environmental, Social, and Governance) rated enterprises.
Compared to last year, we have improved our score, advancing from a Silver Medal (66/100) to a Gold Medal (76/100). This achievement reflects our continuous growth and unwavering dedication to sustainable excellence.
What are EcoVadis Medals and Badges?
EcoVadis is a leading provider of business sustainability ratings. They assess companies across 21 criteria within four key themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Based on their assessment, EcoVadis awards medals (Platinum, Gold, Silver, Bronze) and badges to companies that demonstrate strong sustainability performance.
Beyond Gold: Setting a New Bar
We’re incredibly proud of our Gold Medal and top 5% ranking, but we’re not stopping here. With the bar for excellence raised, we’re driven to not only meet the new standards, but exceed them. Continuous improvement is our commitment, pushing us to outperform ourselves every single day.
Looking Ahead
We will continue to implement sustainable practices across our operations, focusing on areas for improvement identified by EcoVadis. We believe that sustainability is not just a compliance issue, but an opportunity to create long-term value for our business, our stakeholders, and the environment.
A special thanks to our team, this achievement is the outcome of everyone’s hard work and passion.
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