Nexeo Solutions Achieves Corporate Social Responsibility Rating Target and Receives Score of 55 from EcoVadis
THE WOODLANDS, Texas, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Nexeo Solutions, Inc. (NASDAQ:NXEO) announced today that it received a score of 55 and was awarded a silver medal in Corporate Social Responsibility (CSR) from EcoVadis, the business sustainability performance and rating organization.
In publishing its inaugural 2017 Sustainability Report, “Connecting Sustainable Solutions”, Nexeo Solutions raised its overall CSR Rating score into the top 15% of companies rated by EcoVadis in the Chemicals Wholesale industry, and the top 7% for Sustainable Procurement.
“Our employees are working across our network each day to drive resource-efficient supply chains focused on creating a sustainable future,” said Brian Herington, Executive Vice President of Chemicals at Nexeo Solutions. He added, “We are pleased that after evaluating our business and reviewing our 2017 Sustainability Report, EcoVadis awarded the silver medal. We are proud of the impact we are making and look forward to achieving all of our sustainability targets.”
EcoVadis, established in 2007, has become an industry standard for evaluating and rating sustainable business and procurement practices. The independent organization uses a stringent methodology covering 21 criteria across categories of environment, labor and human rights, ethics and sustainable procurement, to evaluate commitment to responsible corporate citizenship. For Nexeo Solutions, publishing its inaugural Sustainability Report meant reviewing policies and disclosures, procurement practices, environmental impact and performance, hazardous and non-hazardous waste disposal methods, audit processes, and much more, to get a clear picture of the sustainable business practices of the organization.
Read more on Nexeo Solutions’ commitment to sustainability across the supply chain at https://www.nexeosolutions.com/about-us/sustainability/.
About Nexeo Solutions, Inc.
Nexeo Solutions is a leading global chemicals and plastics distributor, representing products from world-class producers to a diverse customer base. From product specification to sustainable solutions, the Company goes beyond traditional logistics to provide value-added services across many industries, including chemicals manufacturing, oil and gas, coatings, personal care, healthcare, automotive and 3D printing. The Company leverages a centralized technology platform to identify efficiencies and create solutions to unlock value for suppliers and customers. Learn more at www.nexeosolutions.com.
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Source: Nexeo Solutions, Inc.