EcoVadis, the world’s leading corporate sustainability rating agency, released its latest rating for Sailun Group, awarding the company a silver medal and marking Sailun Group’s placement among the top 15% of companies globally that participated in the evaluation. Rated with a Bronze medal in 2023, Sailun Group’s diligence in improving upon relevant sustainability goals and activities have seen the organisation upgrade to Silver within only one year of its most recent EcoVadis grading. This recognition also follows the upgrade of Sailun Group’s MSCI ESG rating to “BB,” further validating the company’s sustainable development performance from internationally renowned ESG rating agencies.
EcoVadis is a globally recognised provider of corporate social responsibility (CSR) rating services. Since its establishment in 2007, EcoVadis has provided ESG rating services to over 150,000 companies across more than 180 countries. The EcoVadis evaluation system is based on international corporate social responsibility standards and covers four key areas of sustainability: environment, labour and human rights, sustainable procurement, and business ethics. It holds significant reference value in assessing a company’s overall sustainability performance.
The silver medal awarded to Sailun Group is a recognition of the company’s long-standing leadership in the rubber tyre industry and its continuous commitment to sustainable development. This is reflected in a series of effective results achieved over the years.
In the environmental field, Sailun Group adheres to a green and low-carbon development path. The company has set sustainability goals for 2030 and 2050, demonstrating its commitment to tackling climate change and advancing global sustainable development. Additionally, all the group’s factories have passed certifications such as ISO 14001 Environmental Management System, ISO 50001 Energy Management System, and ISO 9001 Quality Management System. Sailun has been recognised as a “Leader” in China’s industrial carbon peak efforts, continuing to create a model of sustainability in the industry.
In the labour and human rights field, Sailun Group upholds its core values of “trust and respect” and follows a human-centric approach with the belief that “Sailun people are the company’s most valuable asset.” All factories have been certified under the ISO 45001 Occupational Health and Safety Management System, ensuring a safe, healthy, and harmonious working environment where employees can reach their full potential. Throughout its global expansion, Sailun has developed a distinctive approach to cross-cultural communication, promoting “cultural integration and shared development,” which strengthens localised management and operations and provides a solid foundation for the company’s global development.
In sustainable procurement, Sailun Group has established a responsible and sustainable supply chain management system. The company has joined the Global Platform for Sustainable Natural Rubber (GPSNR) and collaborates with stakeholders across the global natural rubber value chain to support the sustainable development of the natural rubber industry.
In business ethics, Sailun Group has built a scientifically sound, well-operating corporate governance system and a strong sustainable development framework. The company adheres to the compliance baseline of business ethics, information security, and other operational standards in its global operations. It conducts anti-bribery training for its employees and has established a healthy and transparent business model from within.
Looking ahead, Sailun Group will collaborate with more global partners to build a sustainable development ecosystem, continue to provide better low-carbon tyre solutions for society, and contribute more to global sustainable development and green mobility.
Source: Tyretradenews