Business
Technicolor Honored for Sustainability Leadership
Story Highlights
In recognition for its structured and proactive sustainability approach, engagement and tangible actions, Technicolor obtained an overall score of 76/100, with a sustainability performance deemed “advanced” in all four categories assessed: Environment, Labor and Human Rights, Ethics and Sustainable Procurement.
Technicolor has a long-running commitment to sustainability and corporate social responsibility, and for three years in a row, from 2018 to 2020, the company has received gold medal distinctions from the organization.
Richard Moat, Technicolor’s CEO, said: “We are honoured to be recognized with a platinum medal by EcoVadis. This recognition comes at a crucial time when doing right by our employees, clients, suppliers and the planet is more important than ever. As a global company, with operations spanning 20 countries and over 14,000 employees, we have a responsibility to inspire change within our ecosystem. This work is not only an obligation as a global company, but our passion as a global citizen.”
Considered as one of the world’s most trusted business sustainability ratings, EcoVadis assessments are performed by a team of independent sustainable development experts. Receiving EcoVadis’ platinum medal distinction places Technicolor in the top one percent and best-in-class companies evaluated in the manufacture of communications equipment industry.
EcoVadis operates a leading global collaborative platform enabling companies to monitor the sustainability performance of their supply chain, across 200+ purchasing categories and 21 CSR criteria grouped into 4 themes. In 2020, 75,000+ companies were rated by EcoVadis in more than 160 countries.
