Key Takeaways:
- ADAMA Ltd. moves into the top 23% of the Manufacture of Pesticides and Other Agrochemical Products industry in EcoVadis ratings.
- The company earned EcoVadis’s bronze medal with a score of 64, above the industry average of 58.
- ADAMA scored 72 in Environment and Ethics categories, ranking in the top 14% and top 5% of its industry, respectively.
- The achievement marks the fifth consecutive year of improvement in the company’s ESG performance.
- ADAMA’s strong ESG practices include robust GHG management, ethical standards, and sustainable procurement.
ADAMA Advances ESG Performance
ADAMA Ltd. (SZSE: 000553), a global crop protection company, has improved its EcoVadis Sustainability Rating, moving from the top 27% to the top 23% in its industry. The company received EcoVadis’s bronze medal after achieving a score of 64, above the industry average of 58.
According to the company’s statement, the latest rating reflects the company’s consistent improvements over five consecutive years, underscoring the company’s commitment to environmental, social, and governance (ESG) practices.
ADAMA’s Excellence in Environment and Ethics
ADAMA scored 72 in the Environment category, significantly above the industry average of 61, placing the company in the top 14% of peers. In Ethics, ADAMA also earned 72, ranking in the top 5% of companies in its sector. The company was rated “Advanced” for carbon management, reflecting its robust greenhouse gas (GHG) management system and third-party verified reporting.
“Our continuous year-over-year improvement in EcoVadis scores reflects our strong commitment to responsible business practices,” said Noa Shine, Head of Global ESG & Corporate Social Responsibility at ADAMA.