Stahl maintains Platinum EcoVadis rating for three consecutive years, reaffirming its commitment to sustainability

Waalwijk, the Netherlands, 17 September 2024 – Stahl, the world leader in speciality coatings and treatments for flexible materials, is proud to announce that it has again been awarded the Platinum rating by EcoVadis, the world’s leading provider of business sustainability ratings. This marks the third consecutive year that Stahl has achieved this prestigious recognition, placing the company in the top 1% of over 100,000 companies assessed worldwide. In the 2024 assessment, Stahl earned their highest overall score to date of 85/100, further solidifying its position as a leader in sustainability.

EcoVadis provides globally recognized ratings in business sustainability, assessing over 100,000 companies across 175 countries. The evaluations are based on four key pillars: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. With a maximum overall score of 100, a Platinum rating is awarded to the top 1% of companies globally. The 2024 ratings process has become more rigorous because of the updated benchmarks, making it even more challenging to maintain such high standards year after year.

Driving sustainable growth through innovation
Stahl’s success in the EcoVadis assessment underscores its mission to drive responsible innovation and sustainable development throughout its operations and supply chain. The company’s impressive EcoVadis track record reflects its long-term commitment to sustainability. Starting with a Bronze rating in 2015, Stahl has progressively improved its performance, achieving Silver in 2017 and 2020, Gold in 2021, and Platinum from 2022 onwards.

The 2024 EcoVadis assessment revealed the progress Stahl is making in multiple categories, scoring 90 out of 100 points on Environment, 80 out of 100 points on Ethics, and 90 out of 100 points on Sustainable Procurement. These scores reflect the company’s ongoing efforts in stringent environmental practices, a commitment to employee well-being, and ensuring ethical standards across its global operations.

Laura Willemsen, Group Director Sustainability and Marketing at Stahl: “The continuous improvement in our EcoVadis score is a testament to the hard work and dedication of our global teams. Achieving a Platinum rating for three consecutive years in such a competitive landscape is no small feat. While we are honored to have achieved a Platinum rating again, we recognize that there is still room for improvement for both Stahl and the wider market. We remain committed to driving further improvements in sustainability, transparency, and responsible practices.”

Continuous innovation to meet 2030 ESG ambitions
Stahl has set ambitious sustainability targets for 2030, aiming to maintain its Platinum rating and continue improving across all ESG pillars. The company is working closely with its supply chain partners to reduce environmental impact, drive social responsibility, and promote ethical business practices worldwide. In line with its commitment to employee well-being, Stahl has also been awarded the Living Wage certification by the Fair Wage Network, ensuring that its nearly 2,000 employees receive fair compensation. With this renewed Platinum recognition, alongside the Living Wage certification, Stahl reaffirms its commitment to a sustainable future — one where innovation and responsibility go hand in hand.