In its fourth year of evaluation by the Ecovadis platform, Vytrus Biotech, a Spanish company specializing in active ingredients derived from plant biotechnology for the cosmetics industry, has been awarded a platinum medal.
Vytrus achieved an EcoVadis score of 80 out of 100, placing the company in the top % of companies worldwide for its commitment to sustainable development and corporate social responsibility.
In 2020, its first year of assessment and in the midst of the pandemic, the company was awarded a silver medal for its good practices.
According to Albert Jané, CEO, COO and co-founder of Vytrus Biotech: "This recognition is the result of the constant work carried out by the Vytrus team. Sustainability and ESG have been part of our company's DNA since its origins. We are grateful and proud that this commitment has been recognized and places us at the pinnacle of sustainability and on a par with the world's leading companies."
Vytrus Biotech recalls that EcoVadis, the only universal provider of sustainability ratings, evaluates the sustainability practices of over 75,000 companies in more than 160 countries. It provides a comprehensive set of performance improvement tools, indicators, certificates and awards in the form of EcoVadis medals to improve the environmental and social impact of companies worldwide.
The methodology applied covers seven management indicators based on 21 sustainability criteria focusing on four areas: the environment, labor and human rights, ethics and sustainable procurement. It is based on leading standards, such as those of the Global Reporting Initiative (GRI), the United Nations Global Compact and ISO 26000, and is overseen by an international scientific committee. Performance is assessed by examining a company's policies, actions and results, taking into account contributions from third-party professionals and external stakeholders.
