Technicolor Awarded Platinum Medal by EcoVadis in Highest Recognition for Sustainability Leadership
EcoVadis ranked Technicolor, known as Vantiva, in the top 1% of its industry with advanced assessments across Environment, Labor and Human Rights, Ethics and Sustainable Procurement.
Technicolor’s long-running commitment to corporate social responsibility has once again been recognized by sustainability assessment leader EcoVadis. After receiving gold medal distinctions from the organization for the past three years in a row (2018 – 2020), Technicolor, known as Vantiva, now has been awarded its first platinum medal, the highest rating given.
The company’s sustainability performance was deemed “advanced” in all four categories assessed – Environment, Labor and Human Rights, Ethics and Sustainable Procurement – earning Technicolor an overall score of 76/100 for its structured and proactive sustainability approach, engagement and tangible actions.
“We are honored to be recognized with a platinum medal by EcoVadis,” said Technicolor CEO Richard Moat. “This recognition comes at a crucial time when doing right by our employees, clients, suppliers and the planet is more important than ever.
EcoVadis’ global collaborative platform enables companies to monitor the sustainability performance of their supply chain across 200+ purchasing categories and 21 CSR criteria.
Considered as one of the world’s most trusted business sustainability ratings, EcoVadis assessments are performed by a team of independent sustainable development experts. In 2020, 75,000+ companies were rated by EcoVadis in more than 160 countries.
Receiving EcoVadis’ platinum medal distinction places Technicolor in the top one percent of best-in-class companies evaluated in the manufacture of communications equipment industry.
Concluded Moat: “As a global company, with operations spanning 20 countries and over 14,000 employees, we have a responsibility to inspire change within our ecosystem. This work is not only an obligation as a global company, but our passion as a global citizen.”