Rümlang ZH – Dormakaba has been awarded a gold medal by EcoVadis. It recognizes the Rümlang-based locksmith’s commitment to sustainability. dormakaba also scored highly in terms of sustainability with Institutional Shareholder Services and Morgan Stanley Capital International.
EcoVadis has recognized dormakaba ‘s progress in sustainable development. Dormakaba has improved its overall ranking in all four categories – environment, labor and human rights, ethics and sustainable procurement – in a year-on-year comparison, the internationally active locking technology company from Rümlang announced in a press release. Awarded the gold medal for the third time, dormakaba is among the top 5 percent of the more than 130,000 organizations evaluated worldwide.
In addition, dormakaba was nominated by EcoVadis in both the Outstanding Program Management and Best Mature Program categories of the Sustain 2024 Achievement Awards of the sustainability ranking provider. “The fact that we were able to maintain our top 5% position in the area of sustainability despite increasingly demanding criteria clearly shows our commitment,” Stephanie Ossenbach, Group Sustainability Officer at dormakaba, is quoted as saying in the press release. “Our nomination and leading position in industry ratings are further evidence of the recognition of our efforts in the area of sustainability.”
The gold medal from EcoVadis is one of several awards that dormakaba has received this year for its commitment to sustainability. Institutional Shareholder Services already awarded the company prime status in its ESG ratings in January. In March, dormakaba was awarded an AA rating by Morgan Stanley Capital International. This indicates “that dormakaba is one of the industry leaders in dealing with financially relevant ESG risks and opportunities,” according to the press release. ce/hs
