Lightware Earns EcoVadis Bronze Rating

Published on:
by KnowESG
KnowESG_Lightware Earns EcoVadis Bronze Rating
Lightware gets EcoVadis bronze rating for environmental sustainability.

Key Takeaways

  • Lightware achieves EcoVadis Bronze certification, placing them among the top 35% of assessed businesses for sustainability.

  • The company prioritises environmental responsibility through eco-conscious practices and product design.

  • Plans to expand its sustainability initiatives through UN membership and supply chain collaboration.

Lightware Visual Engineering has secured a Bronze rating in the EcoVadis sustainability assessment, strengthening their obligation to environmental stewardship.

This achievement positions them within the top 35% of evaluated companies for sustainable practices, exceeding industry averages.

EcoVadis is a leading platform that helps businesses gauge and refine their sustainability performance. It facilitates comparisons and assessments among business partners and suppliers, evaluating factors like human rights, environmental impact reduction, and ethical business conduct.

EcoVadis considers environmental protection and sustainable procurement when analysing a company's overall performance.

Lightware's commitment to environmental responsibility is transparent in their first Sustainability Report, which outlines a comprehensive strategy for integrating sustainability across all operations. This includes investments in energy-efficient office solutions, waste reduction practices, and the development of eco-friendly products.

Examples of Lightware's environmental focus include:

  • In-house design and manufacturing processes optimised to minimise their carbon footprint.

  • Minimised product packaging and consolidated delivery practices to reduce fuel consumption.

  • Encouraging remote work and green transportation options (including electric carsharing) for employees.

As a further step towards environmental leadership, Lightware intends to install a rooftop solar park at their new headquarters. This initiative underlines their responsibility to environmental protection, promoting corporate environmental awareness, and adopting responsible business practices. They also prioritise ethical workplace practices and employee well-being.

In the future, Lightware intends to increase the scope of their Environmental, Social, and Governance (ESG) initiatives. This involves formally joining the UN Global Compact and forging closer ties with clients and suppliers to advance sustainable practices through their supply chain.

Lightware is also committed to developing a company-wide volunteer programme and providing staff with continuous sustainability training. ESG Working Groups will be in charge of these initiatives.

"We are delighted to have been awarded the EcoVadis Bronze sustainability rating, which represents an important milestone as we deliver on our ESG objectives,” said Gergely Vida - CEO of Lightware, “Lightware is also committed to continuous improvement, and we look forward to working with all our stakeholders to further enhance our practices and make a positive contribution to a more sustainable business ecosystem."

For more company-related news

Discover an extensive network of ESG providers here

For more course-related updates

Source: Lightware

Share:
esg
esg
esg
esg

Companies Headlines

Allbirds Launches First Net Zero Carbon Shoe

Allbirds Launches First Net Zero Carbon Shoe

The Best ESG Performance Companies in 2024: Delving into the Ranking Rationale

The Best ESG Performance Companies in 2024: Delving into the Ranking Rationale

LEGO Invests DKK 19m in Carbon Removal Projects, Emerging Tech

Cosmo Oil Marketing, DHL Sign 7.2M Litres SAF Supply Deal

TotalEnergies, STMicroelectronics Sign 15-Year Deal For Renewable Power

KnowESG - Exclusive Commentary - Trace - Joanna Auburn

Tesco Adopts Carbon Profiling for Seafood Supply Chain

Morgan Stanley Invests in Torch to Expand Integrated Renewable Power Solutions

ExxonMobil Plant Uses Advanced Hydrogen Burner for Decarbonisation

Shell Buys Combined-Cycle Power Plant in Rhode Island