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Ahlstrom secures EcoVadis platinum medal
Yahoo Finance· 2025-10-29 09:56
Core Insights - Ahlstrom has achieved a platinum medal in the EcoVadis sustainability assessment with an overall score of 86 out of 100, placing it among the top 1% of companies assessed since October 2024 [1][2]. Sustainability Assessment - EcoVadis evaluates sustainability management systems across four areas: environment, labour and human rights, ethics, and sustainable procurement, with platinum being the highest recognition level [2]. - The ratings are based on international standards, including the UN Global Compact's Ten Principles, International Labour Organization conventions, Global Reporting Initiatives standards, and ISO 26000, providing evidence-based analysis and actionable improvement roadmaps [3]. Company Initiatives - Ahlstrom's platinum rating reflects its commitment to advancing sustainable practices across its operations and value chain [4]. - In May 2025, Ahlstrom invested €15 million ($17.4 million) to bring a new parchmentiser, PMZ5, into service at its Saint-Séverin plant in France, which produces durable grease and water-resistant vegetable parchment [4]. - The company also launched LamiBak Flex, an addition to its LamiBak range of base papers, designed for further processing and offering barrier properties for food applications [5].