TAGS: Sustainability / Natural Coatings
Orion announces that it has maintained a gold medal rating from EcoVadis. Orion ranks among the top 2% of the companies assessed by the organization in a wide range of sustainability areas.
Sustainability Progress Fuels Better Rating
Orion is a specialty chemicals company. Orion improved its score from the previous year. They have moved up from 77% to 78% by making significant gains in the areas of sustainable procurement and ethics, according to EcoVadis. EcoVadis is a provider of business sustainability ratings.
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The annual progress Orion is making in the EcoVadis assessments is just another example of how committed we are to being a trusted partner for all our stakeholders and becoming an even more sustainable company,” said Corning Painter, chief executive officer, Orion.
Over the past year, Orion has achieved several sustainability milestones. The most notable achievements include the completion of a series of four projects, with a total cost of more than $300 million. It involved installing technology that is substantially reducing emissions at Orion’s U.S. plants.
The company develops circular products. Orion recently received €6.4 million in funding from the German government and European Union. It is to further develop technology to improve the production of carbon black using circular feedstocks.
Source: Orion