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An even higher rating for our sustainability performance

For its sustainability activities in 2020, surpassing the previous year's performance BorsodChem received the platinum medal for the first time in the international rating system of EcoVadis. In the latest survey, our Company achieved further improvement and is now in the top 1% among chemical companies assessed by the rating agency EcoVadis (in BorsodChem’s specific ISIC category (Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms) EcoVadis has assessed 2300 companies globally). With 73 out of the maximum 100 points, BorsodChem is well above the average score of 46 points.

Increasing the score again is due to the efforts made to integrate and develop policies, our UNGC (United Nations Global Compact) and TfS (Together for Sustainability) memberships and the integration and development of sustainability into procurement principles. Endeavours devoted to environmental protection was commended and the assessment also appreciates the ethical conduct and respect for the human rights of the company. Sustainability must prevail in the operation of BorsodChem in all areas, and the EcoVadis result reliably indicates where we stand from that aspect. We should use the well-established rating system to explore details about our strengths and weaknesses and to identify areas where we can maybe still improve.

Sustainability Group would like to express their gratitude for all colleagues and departments who gave really strong support to fulfil the assessment and to reach this nice result.

Good compliance with the EcoVadis assessment is important to BorsodChem showing the company’s commitment to the customers, key stakeholders and employees as a responsible and high-quality supplier, partner and employer in Hungary, and year by year are committed to development and improvement.

About EcoVadis:

EcoVadis is a global independent and recognized organization working with unique CSR assessment methodology and covers around 50,000 organizations in 150 countries in 190 industries. EcoVadis assessments focus on 21 issues which are grouped into 4 themes (Environment, Labour & Human Rights, Ethics and Sustainable Procurement). The methodology is built on international CSR standards including the Global Reporting Initiative (GRI), the United Nations Global Compact, and the ISO 26000. For further information please visit ecovadis.com.

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