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Diamond Packaging Awarded Gold in EcoVadis Corporate Social Responsibility (CSR) Assessment
Diamond recognized for its superior approach to Corporate Social Responsibility (CSR) practices
Corporate Social Responsibility (CSR) is the continuing commitment to behave responsibly by integrating social and environmental concerns into business operations. CSR goes beyond regulatory compliance to focus on how companies manage their economic, social, and environmental impacts, as well as their relationships with stakeholders (e.g., employees, suppliers, government).
EcoVadis operates the first collaborative platform providing Supplier Sustainability Ratings for global supply chains. EcoVadis was founded with the belief that global businesses can make a huge positive impact on improving environmental and social practices globally, through their supply chains.
The EcoVadis methodology is at the core of its CSR analysis system, covering 21 criteria across four themes of Environment, Labor Practices, Fair Business Practices, and Sustainable Procurement. The methodology is built on international CSR standards including the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000, covering 150 spend categories and 140 countries.
Diamond was ranked in the top 8% of suppliers assessed by EcoVadis in the category "Manufacture of corrugated paper and paperboard and of containers of paper and paperboard", and in the top 4% of suppliers assessed by EcoVadis in all categories.
Diamond ranked highest in the Environment category, which comprises both operational factors (e.g., energy consumption, waste management) and product stewardship (e.g., product end-of-life, customer health and safety issues).
Diamond reported on its industry-leading greenbox sustainability initiative to research, design, and implement packaging solutions that are innovative and sustainable. The core of the initiative – designs, materials, and methods – represents a comprehensive approach to packaging that minimizes environmental impact throughout the supply chain.
Through creative design, careful material selection, and best practices at the plant level, Diamond is able to minimize waste, reduce shipping costs and increase efficiencies – all of which support a sustainable use of resources and cultivate a positive emotional connection to the brand. Today, all of Diamond's packaging is manufactured using 100% clean, renewable wind energy and produced in a Zero Manufacturing Waste to Landfill (ZMWL) facility.
About Diamond Packaging:
Founded in 1911, Diamond Packaging is a WBENC-certified woman-owned business specializing in developing innovative and sustainable packaging solutions. Utilizing state of-the-art technologies, Diamond designs and manufactures paperboard and plastic folding cartons for the personal care (cosmetics, hair care, skin care, fragrance, oral care, and shaving), health care, pharmaceutical, nutraceutical, and consumer electronics industries. Its client portfolio includes Bausch & Lomb, Beiersdorf, Coty, Elizabeth Arden, Estée Lauder, Godiva, L'Oreal, Otter Products, Procter & Gamble, Shiseido, and many other Fortune 500 companies. Diamond differentiates itself through award-winning creative design, packaging innovation/technicalexpertise, its greenbox sustainability initiative, and the Global Packaging Alliance® (GPA). For more information about Diamond Packaging, visit www.diamondpackaging.com.
EcoVadis is the first collaborative platform providing sustainability ratings and performance improvement tools for global supply chains. EcoVadis' easy-to-use CSR scorecards help companies to monitor suppliers' environmental, ethical, and social practices across 150 purchasing categories and 110 countries. Over 150 industry leaders such as Nestlé, GSK, Heineken, Michelin, Johnson & Johnson, Schneider Electric, L'Oreal, BASF, and Subway, and over 30,000 of their trading partners use EcoVadis to reduce risk and drive sustainability and innovation. For more information visit http://www.ecovadis.com.
Dennis Bacchetta, director of marketing
Page Updated Last on: May 16, 2017