OMRON has announced it has been awarded a platinum rating for sustainability from EcoVadis.
This puts the company within the top 1% of all businesses assessed for sustainability performance and is the second time that OMRON has received the recognition.
The assessment is conducted by EcoVadis, an independent provider of a shared sustainability platform, which assesses organisations using its CSR rating methodology. Activities of a company are assessed in four areas: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement.
OMRON revealed it saw its score improve ‘significantly’ in Ethics while maintaining high scores in Environment and Sustainable Procurement.
In Environment, OMRON was included in the top 1% of businesses in the same trade after setting targets in its medium-term management plan, linked to material sustainability issues laid out in its long-term vision, Shaping the Future 2030, and the certification by the Science Based Targets initiative (SBTi).
In Sustainable Procurement, OMRON was recognised for its initiative to promote diversity within the supply chain, resulting in a score in the top 2% of businesses in the same industry. In Ethics, OMRON earned a higher score for reporting ethics-related key performance indicators (KPIs), including those of employee training.