– EcoVadis, the world’s largest provider of sustainability ratings, has awarded the prestigious Platinum rating to the sustainability management at Liveo Research’s pharmaceutical packaging site in Singapore. It is ranked in the top 1% of over 100,000 companies evaluated globally by EcoVadis. In the last survey a year ago, Singapore was awarded the Gold medal.
Liveo Research has developed a sustainability strategy based on three pillars: Planet, People and Products. This strategic framework is implemented at all sites of the company with specific targets, strategies and measures defined for each pillar. Their implementation is constantly monitored. As an example, progress in the area of decarbonization is monitored through SBTi.
EcoVadis has now assessed the progress of the Singapore site in four areas: environment, labor and human rights, ethics and sustainable procurement. This broad analysis reflects the detailed sustainability strategy of Liveo Research AG and shows the significant progress the company has made. The Singapore site performed particularly well in the areas of environment and labor & human rights, where it was scored 90/100
“We are very proud that after our US site in Delaware, the Singapore site has now also been awarded this prestigious Platinum medal by EcoVadis,” says Dr. Carsten Heldmann, CEO of Liveo Research. He adds: “It's great that all of our global production sites have been awarded either Gold or Platinum medals, placing them in the top 1% of our industry.”
EcoVadis – An Overview
EcoVadis is the world's largest platform for sustainability ratings and honors the commitment and performance of companies in the area of sustainability with its medals. The company thus sets the global economic standard for corporate sustainability ratings. More than 100,000 companies in over 200 sectors and 175 countries worldwide have already received a rating. EcoVadis rates companies in four main categories: Environment, Labor and Human Rights, Ethics and Sustainable Procurement. The assessment provides an in-depth analysis of performance and an action plan for continuous improvement.
Liveo Research - An Overview
Founded in 1962, Liveo Research is a top global producer of materials for primary packaging in the pharmaceutical and medical industry, as well as special applications such as shrink sleeve labels. Headquartered in Basel, Switzerland, it has production sites in Boetzingen and Staufen (Germany), Delaware (USA), Singapore, and Taicang (China). Liveo Research currently has approximately 1,000 employees worldwide. In addition to a broad product portfolio of packaging materials, the company also offers its customers value-added services like “LiveoOptima” that support them to find the best, sustainable packaging solutions.
