Oilon’s responsibility efforts reached a major milestone when Oilon was awarded the silver rating by EcoVadis. EcoVadis is one of the largest business sustainability rating providers in the world. The organization considers companies’ responsibility through four themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
A silver rating reflects Oilon’s commitment to responsible business and our compliance with the principles of sustainable development. The first time Oilon participated in an EcoVadis review was in 2022. At that time, Oilon received a bronze rating.
“We are extremely pleased for the recognition received by our responsibility efforts. Last year, we updated Oilon’s quality and corporate responsibility policy and published a new ESG report. Additionally, as part of our sustainability efforts, we’ve joined various high-profile public initiatives, such as SBTi and the UN Global Compact in the last few years. Compared to last year, our ratings improved especially in the Environment category, and it’s great to see that our work has borne fruit,” says Oilon’s Head of QHSE Anne Hakamäki. This year, we will continue our efforts and keep promoting development within these important themes.
EcoVadis is the world’s leading corporate sustainability rating system that assesses companies’ sustainability performance in the areas of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The rating system is based on international sustainable development standards, including Global Reporting Initiative, UN Global Compact, and ISO 26000, which cover more than 200 consumption categories in more than 180 nations worldwide.