Polarteknik receives EcoVadis Gold rating for sustainability performance
Polarteknik receives EcoVadis Gold rating for sustainability performance ranking in Top 5% among over 90,000 rated companies globally.
What is Ecovadis?
Ecovadis is a system to provide reliable, globally recognized sustainability ratings and insights, enabling all companies to reduce risk, drive improvement and accelerate sustainability and positive impact on our planet and society. Ecovadis has assessed companies in over 160 countries based on four categories of performance; Environment, Labour and Human Rights, Ethics, and Sustainable Procurement.
EcoVadis has grown to become the world’s largest and most trusted provider of business sustainability ratings, creating a global network of more than 90,000+ rated companies. The EcoVadis overall score (0-100) reflects the quality of the company’s sustainability management system at the time of the assessment.
The EcoVadis sustainability recognition levels are based upon the percentile rank of the company’s EcoVadis score, and a minimum evaluation theme score. The medals’ criteria are reviewed periodically.
How Polarteknik compares to other companies?
Polarteknik is evaluated August 30th 2022 to be in the top 8% of all evaluated companies. That in turn means that Polarteknik is higher than or equal to the score of 92 percent of all companies rated by EcoVadis. The percentile rank is calculated at the time of score publication. That awards a rating of GOLD which is second best in the rating system
The criteria for scorecards published from 1 January 2022 are as follows:
- Platinum – top 1% (overall score between 75 and 100)
- Gold – top 5% (overall score between 67 and 74)
- Silver – top 25% (overall score between 56 and 66)
- Bronze – top 50% (overall score between 47 and 55)
In most of the evaluated areas Polarteknik has more strengths than improvement areas.
In two areas Environment and Labor&Human rights the score is outstanding. In ethics and sustainable procurement there is more room for improvement although the score is good and well above average of the rated companies.
Evaluation themes comparison
Polarteknik is pleased that its persistent work in developing the operations and products to be more sustainable has been recognized with the EcoVadis gold medal. To be included in the top 5% of all companies is a great milestone for us and proves the strong commitment towards sustainability for the external and internal stakeholders. Being able to improve from the first rating of Silver to Gold level within just a few years is a significant step forward and proves our commitment to sustainability in action.
Sustainability is an important part of Polarteknik strategy, and the company aims for being the most sustainable solutions provider in railway rolling stock. In the past few years Polarteknik has invested in developing its sustainability practices.
In its Corporate governance Polarteknik will continue to focus on working conditions, mitigating climate impact, ensuring safety, diversity and well-being of its personnel and other stakeholders and finding sustainable solutions to not only in production and procurement, but also with strong life-cycle thinking. Participation in EcoVadis also allows for transparency to the whole value chain as it enables Polarteknik customers and suppliers alike to monitor sustainability performance and manage sustainability risks and understand the requirements.
To learn more Tomi Ojala, Managing Director, Polarteknik Oy Phone: +358 207 709 521
Polarteknik is a specialist company that promotes comprehensive comfort and ecology in railway transport. Our strengths include wide-ranging knowledge, in-depth expertise and long-term commitment. Polarteknik is owned by Dacke Industri Ab, an Nordic technology group focusing on customized components and systems.
We deliver reliable, sustainable and efficiently produced interior door systems for the world’s leading train manufacturers. We are known as a trusted and forward-looking partner that promotes sustainability and combines experience, vision and an understanding of the industry.
Our mission is to work together with our customers towards a green future for transport by ensuring that rail travel is the world’s most comfortable way to get
from one place to another.