Lipoid Kosmetik has achieved the Gold CSR Rating, the highest certification from Ecovadis.
With a score of 64 points, the company is in the top 11% of suppliers assessed by Ecovadis and 54% above the industry average. In the category sustainable procurement, which focuses on social and environmental issues within the supply chain, Lipoid Kosmetik is in the top 3%.
Customers worldwide are asking more and more for responsibly produced cosmetic products. Therefore corporate social responsibility has become an integral part of new product development and is a key factor for many players in the cosmetic industry. “Environmental protection and sustainability has been our ultimate ambition since the foundation of Lipoid Kosmetik. The Gold Award from Ecovadis confirms our continued efforts over many years. We strongly believe that this award is another important piece for the differentiation of our products and services to the cosmetics industry and helps us to showcase our commitment in this important field,” said Dr Peter Roethlisberger, managing director of Lipoid Kosmetik AG. “Of course, we will continue with our efforts and help the industry to develop efficient, sustainable and responsible products.”
The Ecovadis methodology takes into account 21 CSR criteria, which are based on four themes: environment, labour, fair business practices, and sustainable procurement, which are assessed based on policies, actions and results. The methodology and criteria are in line with international CSR standards including the Global Reporting Initiative, United Nations Global Compact, and ISO 26000.
