Hansol Paper Earns Top Rating in EcoVadis ESG Assessment for Fourth Consecutive Year
Received Platinum, awarded to the top 1% of companies
Hansol Paper announced on October 13 that it had received a Platinum rating for the fourth consecutive year in the sustainability assessment conducted by EcoVadis, a global ESG ratings provider.
Founded in 2007, EcoVadis is a global ESG ratings provider that assesses more than 150,000 companies in over 180 countries across four areas: environment; labor and human rights; ethics; and sustainable procurement.
Based on assessment results, it awards ratings of Platinum (top 1%), Gold (top 5%), Silver (top 15%), and Bronze (top 35%).
Hansol Paper first received a Platinum rating in 2023 and has maintained the highest rating for four consecutive years.
In this year's assessment, Hansol Paper received high marks for its systematic policies, implementation, and performance management across its sustainability management practices, including climate change and water resource management, biodiversity and resource-circulation systems, and responsible sourcing of raw materials.
In addition, Hansol Paper officially joined the United Nations Global Compact (UNGC) this year, participating in the international community's efforts to achieve sustainable development. The company plans to incorporate the UNGC's principles on human rights, labor, the environment, and anti-corruption into its business activities and continue strengthening its ESG management system in line with global standards.
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A Hansol Paper official said, "We will continue to deliver tangible results by linking key ESG priorities with our business competitiveness, including advancing our resource-circulation system, reducing carbon emissions, realizing social values related to safety and human rights, and responsibly managing our supply chain."
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