Diamond Packaging Awarded Platinum Rating in 2022 EcoVadis Sustainability Assessment
Diamond Packaging announced it has been awarded a Platinum rating for the second year in a row by EcoVadis, the leading global advocate for sustainability and corporate social responsibility (CSR). The award is the highest recognition given by EcoVadis and places Diamond in the top 1% of all companies evaluated worldwide.
“We’re honored with this recognition, as it affirms our commitment to integrating the principles of sustainability and corporate social responsibility (CSR) into our business,” said Dennis Bacchetta, director of marketing and founding member of Diamond’s Green Team. “We will continue working with our supply chain partners to research, design, and implement packaging solutions that are innovative and more sustainable.”
EcoVadis operates the first collaborative platform providing Supplier Sustainability Ratings for global supply chains. EcoVadis was founded with the belief that global businesses can make a huge positive impact on improving environmental and social practices globally, through their supply chains.
The EcoVadis rating methodology covers 21 criteria across four themes of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. They are based on international sustainability standards, including the Global Compact Principles, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standard, the ISO 26000 standard, and the CERES principles. EcoVadis also evaluates seven management indicators, including Policies, Actions, and Results.
Corporate Social Responsibility (CSR) is the continuing commitment by businesses to act responsibly by integrating social and environmental concerns into their operations. CSR goes beyond regulatory compliance to focus on how companies manage their economic, social, and environmental impacts, as well as their relationships with stakeholders (e.g., employees, suppliers, government).
Diamond ranked in the top 2% of suppliers assessed by EcoVadis in the category “Manufacture of corrugated paper and paperboard and of containers of paper and paperboard”. Diamond ranked highest in the Environment category, which comprises both operational factors (e.g., energy consumption, waste management) and product stewardship (e.g., product use, customer health and safety).
Diamond also received an Advanced rating on EcoVadis’ new Carbon Scorecard. The company was recognized for its comprehensive GHG management system, and reporting in line with global standards, including third party data verification.
Diamond reported on its industry-leading greenbox sustainability initiative to research, design, and implement packaging solutions that are innovative and more sustainable. The core of the initiative – designs, materials, and methods – represents a comprehensive approach to packaging that minimizes environmental impact throughout the supply chain. Through creative design, careful material selection, and best practices at the plant level, Diamond is able to minimize waste, reduce shipping costs and increase efficiencies – all of which support a sustainable use of resources and cultivate a positive emotional connection to the brand.
Today, Diamond’s packaging is designed utilizing recyclable or recycled paperboards (many FSC-certified), and manufactured using 100% clean, renewable wind energy, in a Zero Waste to Landfill (ZWL) and Carbon Neutral (Scope 1 and Scope 2) facility.
The preceding press release was provided by a company unaffiliated with Packaging Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Packaging Impressions.