Albemarle Corporation Receives “Gold Medal Status” from EcoVadis | Business


Albemarle Corporation announced that EcoVadis, a global provider of sustainability assessments, awarded the Gold Medal to Albemarle for its commitment and performance in sustainability.

The award marks six consecutive years of gold status for Albemarle. The rating places the company in the top five percent of more than 75,000 global companies rated by EcoVadis.

EcoVadis is a provider of collaborative business sustainability assessment, intelligence and performance improvement tools for global supply chains. Backed by a technology platform and a global team of domain experts, EcoVadis sustainability dashboards provide detailed insight into environmental, social and ethical risks across 200 purchasing categories and 160 countries.

Each year, EcoVadis performs a relative review of eligible companies in four key areas: environment, labor and human rights, ethics and sustainable purchasing. The EcoVadis 2021 assessment for Albemarle highlights advanced performance with higher scores in ethics and sustainable purchasing.

“We are honored that our sustainability efforts are once again recognized by EcoVadis with a golden rating,” said Meredith Bandy, Vice President, Investor Relations and Sustainability. “We believe in doing the right things the right way, which is why promoting sustainability is a key pillar of our business strategy. We are committed to operating and growing responsibly to help our customers achieve their sustainability goals and create a safer and more sustainable world. “

Earlier this year, Albemarle Corporation joined the United Nations (UN) Global Compact and aligned its sustainable approach with the United Nations Sustainable Development Goals. The company also announced a new climate strategy, set meaningful and achievable targets for greenhouse gas emissions and water use, and disclosed its climate, carbon and environmental performance. water as part of the Carbon Disclosure Project.

Additionally, Albemarle became the world’s first lithium producer to undertake a third-party assessment using the Initiative for Responsible Mining Assurance (IRMA) Standard for Responsible Mining at the Brine Extraction Site. lithium company, the Salar plant, located in northern Chile in the Salar. by Atacama.

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