Sweden pledges extra $19m in Loss and Damage Fund
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ARMOR recently earned a gold medal from EcoVadis, a business CSR performance rating provider.
The objective of the corporate social responsibility (CSR) assessment methodology used by EcoVadis is to assess the quality of a company’s CSR management system through its policies, initiatives and results.
The assessment considers a spectrum of CSR topics, arranged into four themes: Environment, Social and Human Rights, Ethics and Responsible Purchasing. Each theme has its own specific criteria (energy, product life cycle, procurement, data management, social practices, etc.)
The gold medal won by ARMOR further to the EcoVadis assessment applies to the group as a whole, ARMOR recently earned a gold medal from EcoVadis, a business CSR performance rating provider. all business streams combined.
It signifies “Advanced CSR Performance” and is awarded to organizations obtaining an overall score greater than 65/100.
Including commitments, policies and concrete actions on major topics with detailed information regarding implementation. It is the result of multiple initiatives and of a collaborative effort at all levels of the company to demonstrate accountability in terms of the environment, society, ethics as well as in purchasing.
In 2011, ARMOR instituted a CSR self-diagnosis and a “values approach” which have identified areas for improvement and translated them into an action plan.
The latter uses data monitoring and analysis to provide an overall view of ARMOR Group’s performance in terms of societal innovation, both on social and environmental levels and through its societal involvement.
Thus, ARMOR publishes a yearly CSR report which presents, in full transparency, the results along with their analysis, good practices and the action plan to achieve the set objectives.
“This report has been designed to describe the links between society’s challenges and our company’s contributions, efforts and successes, in addition to areas in which we must improve,” said Annabelle Guillet, CSR Manager at ARMOR.
“The company of the 21st century must be committed, or be no more. Social responsibility is now an integral part of our corporate culture at ARMOR. We call this commitment Socially Responsible Innovation,” added Hubert de Boisredon, CEO of ARMOR.
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