Verescence, the world's leading manufacturer of glass bottles for the perfume and cosmetics industries, has been awarded Gold status by the EcoVadis rating agency for its environmental and social performance.
This places the Group among the Top 1% of the best companies assessed by EcoVadis in 2018, across all business sectors. All Verescence production sites in France, Spain and the United States were also awarded gold medals.
The EcoVadis rating agency, which specializes in assessing Corporate Social Responsibility (CSR), rates over 50,000 companies according to 21 criteria covering four themes: environmental, social, business ethics and responsible purchasing.
According to Thomas Riou, CEO of Verescence, "this recognition rewards the efforts of our group and our plants in the field of CSR, an area in which we have been involved for many years. A pioneer with the launch of an eco-designed and infinitely recyclable glass in 2008, we have never ceased to work towards improving our practices in a spirit of exemplarity as a market leader."
Verescence, which has just published its Sustainability Report, focuses its long-term actions on three pillars: People First, Act for Society and Eco Solutions. The Group's CSR strategy, entitled "Glass Made to Last", is based on the 17 UN Sustainable Development Goals. The report materializes both the initiatives undertaken and the objectives for 2020, while positioning itself transparently on the expectations of the GRI (Global Reporting Initiative).
Thanks to its worldwide presence, the Group favors the development of relationships with local partners as part of an eco-responsible approach to preserving jobs.
As a responsible employer, Verescence also invests in the development of its employees' know-how and skills through numerous social initiatives (glass school, continuing education, etc.) and encourages diversity within the company.
To support its customers in their responsible purchasing initiatives, in 2017 the glassmaker also developed the first tool for benchmarking the environmental impact of its products using LCA (Life Cycle Assessment) methodology. A committed player in eco-responsible luxury, Verescence will be taking part in a conference on the theme of "Sustainable development and value creation" alongside Guerlain and several of its partners, on October 2 at Luxe Pack Monaco.
