ADAMA Achieves Significant Improvement in ESG Ratings
ADAMA Ltd., a premier name in global crop protection, has made remarkable strides in its Environmental, Social, and Governance (ESG) performance, as evidenced by its latest ranking in the EcoVadis Sustainability Rating. The company now proudly positions itself in the top 23% of the Manufacture of Pesticides and Other Agrochemical Products industry, enhancing its standing from the previous year's top 27% ranking. This improvement marks the fifth consecutive year of advancement for ADAMA, culminating in a Bronze Medal distinction from EcoVadis for its scoring excellence.
In a statement reflecting on this achievement, Noa Shine, ADAMA's Head of Global ESG and Corporate Social Responsibility, emphasized the company's dedication to responsible business practices. "Our continuous year-over-year improvement in EcoVadis scores reflects our strong commitment to responsible business practices," Shine remarked. The company's ongoing efforts have resonated with partners, reaffirming ADAMA's image not just as a provider of innovative agricultural solutions, but also as a conscientious partner that prioritizes environmental impacts alongside business growth.
Exceptional Performance in Key Categories
ADAMA's latest EcoVadis scorecard highlighted exceptional performance in two critical areas: Environment and Ethics. The company received a commendable score of 72 in the Environment category, significantly eclipsing the industry average score of 61. This score places ADAMA in the prestigious top 14% of companies within its sector, showcasing its unwavering commitment to environmental sustainability.
Moreover, when assessed on the Carbon Scorecard, ADAMA achieved the status of "Advanced" in its carbon management practices. This recognition is indicative of the environmental efforts the company has integrated within its operational framework. ADAMA's robust management system for greenhouse gas emissions, adherence to global standards, and third-party verification reporting contribute to this advanced level of performance.
In addition to environmental excellence, ADAMA fared exceptionally well in the Ethics theme, landing a score of 72 as well, a score that far exceeds the overall industry average of 52. This accomplishment ranks ADAMA within the top 5% of its sector, reinforcing the company’s pledge to maintaining ethical business practices.
Commitment to Continuous Improvement
ADAMA has actively participated in EcoVadis assessments since 2018, reflecting a consistent endeavor to elevate its sustainability credentials. EcoVadis stands as a recognized authority in sustainability ratings, evaluating over 150,000 companies worldwide across 175 countries and a multitude of industries. It provides independent assessments that focus on four core pillars: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, which serve as critical benchmarks for ESG performance among global supply chains and investors.
ADAMA’s trajectory of success can be traced back to its core values that prioritize practical solutions for farmers and environmental responsibility. By remaining actively engaged with farmers and understanding the challenges they face, ADAMA tailors innovative solutions that not only combat weeds, insects, and diseases but do so in a sustainable manner.
Future Aspirations
The recognition received through the EcoVadis rating is a testament to ADAMA’s ongoing commitment to sustainability and ethical conduct in business. As the company moves forward, it aims to refine and enhance its strategies, continuing to lead in crop protection while paving the way for an increasingly sustainable agricultural future. With a diverse portfolio of active ingredients, and unparalleled formulation capabilities, ADAMA is well-positioned to tackle the challenges in agriculture while abiding by responsible production processes.
As ADAMA promotes its commitment to safeguarding the environment and supporting its partners ethically, it remains dedicated to not simply being an industry leader but also setting a precedent for responsible agricultural practices on a global scale.
For further details about ADAMA and its sustainability initiatives, visit
www.ADAMA.com.