Friday, January 20, 2023
Momentive has been awarded the prestigious EcoVadis GOLD medal, adding to another milestone in their achievements. With this ranking, Momentive is ranked in the top 5% of all businesses evaluated by EcoVadis for their sustainability initiatives. This award confers a great honor on the company in accomplishing another significant step in their pursuit of sustainability.
The company’s sustainability journey, aims, and ambitions are outlined in Momentive’s theme, “Solutions for a Sustainable World,” which also highlights their dedication to the People, Products, and Planet.
“At Momentive one of our Core Values is Safety and Sustainability, with clear focus on positively impacting our People, our Products and our Planet. We are nothing without our People and continue to make investments in training, organizational optimization and talent development while also increasing our focus on increasing Diversity. Our Products, enable our customers to create solutions that are driving sustainability in emerging markets,” says Sam Conzone, President & CEO. “We are also making important progress towards reducing the impact to our Planet by setting aggressive goals around energy, greenhouse gasses, water and waste associated with our manufacturing plants around the world,” he concluded.
Momentive’s “Vision 2025” strategy consists of a number of distinct long-term sustainability objectives as well as a complete integration of environmental and social responsibilities with their aspirations for strategic economic expansion. As part of this strategy, Momentive aspires to develop novel goods that address consumers’ sustainability concerns; by 2025, 75% of new product sales will result in improved sustainability. Momentive’s “Vision 2025” approach is designed to empower a diverse and inclusive workforce and intends to improve gender diversity by 50%. Additionally, it entails minimising the adverse effects through operational excellence at the company’s locations and throughout its supply chain by decreasing greenhouse gas emissions, energy use, and waste by 25% and sourcing 50% of the company’s electricity from renewable sources. By 2025, Momentive hopes to have a Platinum EcoVadis supply chain score.
Read more news on Momentive
Tags: EcoVadis, momentive, safety, Vision 2025, wood, woodworking, woodworking and manufacturing, woodworking event, woodworking industry, woodworking USA