Cell Impact Achieves EcoVadis Gold Medal for Sustainability Excellence
Cell Impact Gold Medal Achievement
Cell Impact AB has recently received a prestigious Gold Medal from EcoVadis for its exceptional sustainability practices. This recognition marks a significant achievement for the company, which had previously been awarded a Silver Medal last year. EcoVadis, a globally recognized provider of sustainability ratings, evaluated Cell Impact's operations and highlighted a notable improvement in its sustainability score, jumping from 72 to 79 out of 100. This advancement places Cell Impact among the top 5% of all companies rated by EcoVadis worldwide.
The increase in the sustainability score is attributed primarily to enhancements in reporting, as well as improvements in several operational routines and follow-ups across various areas. Daniel Vallin, CEO of Cell Impact, stated, "This progress is not magic; it stems from setting goals, diligently tracking them, and continuously striving for improvement." With Cell Impact's flow plates being integral to the global energy transition, the company takes great pride in being recognized with this Gold Medal from EcoVadis.
EcoVadis Business Sustainability Ratings are an essential part of how companies assess their sustainability processes and report on their improvements. The detailed assessment performed by EcoVadis considers various criteria, including environmental impact, labor practices, fair business ethics, and sustainable procurement. This comprehensive evaluation allows organizations to understand their strengths and identify areas for further improvement, ensuring they remain competitive in an increasingly environmentally-conscious market.
Cell Impact has established itself as a global supplier of advanced flow plates for manufacturers of fuel cells and electrolyzers. The company has developed and patented a unique manufacturing process called Cell Impact Forming™, which allows for high-speed production that is not only scalable but also significantly more cost-effective compared to traditional manufacturing methods. This eco-friendly technology notably consumes no water and requires minimal electricity, aligning seamlessly with the company’s commitment to sustainability.
The growing awareness of climate change and the urgent need for sustainable solutions have heightened the focus on companies that prioritize eco-friendly practices. Cell Impact's dedication to environmental responsibility is reflected in its continual bids for improvement, making it a leader within its field. By investing in innovative production techniques and adhering to rigorous sustainability standards, the company aims to play a vital role in addressing the global energy crisis.
The shares of Cell Impact are currently traded on the Nasdaq First North Growth Market, with FNCA Sweden AB serving as a Certified Advisor (CA) for the company. This strategic position enables Cell Impact to further its mission of driving sustainable innovation in energy solutions.
In conclusion, the Gold Medal awarded by EcoVadis not only symbolizes Cell Impact's commitment to sustainability but also showcases its strategic initiatives that drive efficiency and innovation in energy technology. As the company continues its journey in enhancing its operational practices and contributing to a sustainable future, it sets a benchmark for others in the industry to follow.
For more information, interested parties can contact Daniel Vallin, CEO and IR contact at Cell Impact AB at +46730686620 or via email at [email protected]