Rochester, NY – Diamond Packaging today announced that it has been awarded a Gold rating for the fourth consecutive year, based on its 2020 EcoVadis Corporate Social Responsibility (CSR) assessment. The company’s score classifies Diamond’s overall CSR performance as “Advanced” and places it in the top 2% of all companies evaluated by EcoVadis.
Corporate Social Responsibility (CSR) is the continuing commitment by businesses to act responsibly by integrating social and environmental concerns into their operations. CSR goes beyond regulatory compliance to focus on how companies manage their economic, social, and environmental impacts, as well as their relationships with stakeholders (e.g., employees, suppliers, government).
EcoVadis operates the first collaborative platform providing Supplier Sustainability Ratings for global supply chains. EcoVadis was founded with the belief that global businesses can make a huge positive impact on improving environmental and social practices globally, through their supply chains.
“We are honored with this recognition as it affirms our CSR commitment and value as a supply chain partner,” said Dennis Bacchetta, director of marketing and founding member of Diamond’s Green Team. “Diamond’s packaging is designed utilizing recyclable or recycled paperboards (many FSC-certified), and manufactured using 100% clean, renewable wind energy, in a Zero Manufacturing Waste to Landfill (ZMWL) facility.”
The EcoVadis methodology is at the core of its CSR analysis system, covering 21 criteria across four themes of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The methodology is based on international CSR standards, including the Global Compact Principles, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standard, the ISO 26000 standard, and the CERES principles.
Diamond ranked in the top 2% of suppliers assessed by EcoVadis in the category “Manufacture of corrugated paper and paperboard and of containers of paper and paperboard”.
Diamond ranked highest in the Environment category, which comprises both operational factors (e.g., energy consumption, waste management) and product stewardship (e.g., product end-of-life, customer health and safety issues).
Diamond reported on its industry-leading greenbox sustainability initiative to research, design, and implement packaging solutions that are innovative and more sustainable. The core of the initiative – designs, materials, and methods – represents a comprehensive approach to packaging that minimizes environmental impact throughout the supply chain. Through creative design, careful material selection, and best practices at the plant level, Diamond is able to minimize waste, reduce shipping costs and increase efficiencies – all of which support a sustainable use of resources and cultivate a positive emotional connection to the brand.
About Diamond Packaging
Founded in 1911, Diamond Packaging is a WBENC-certified woman-owned business specializing in developing innovative and sustainable packaging solutions. Utilizing state of-the-art technologies, Diamond designs and manufactures folding cartons for the personal care (cosmetics, hair care, skin care, fragrance, oral care, and shaving), health care, pharmaceutical, cannabis, and consumer electronics industries. Its client portfolio includes Bausch + Lomb, Coty, Estée Lauder, Godiva, L’Oréal, Otter Products, Procter & Gamble, Revlon, Shiseido, and many other Fortune 500 companies. Diamond differentiates itself through award-winning creative design, packaging innovation/technical expertise, its greenbox sustainability initiative, and the Global Packaging Alliance® (GPA). For more information visit www.diamondpackaging.com, or follow Diamond on Facebook, Twitter, Instagram, and LinkedIn.
EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 190 purchasing categories and 150 countries. Industry leaders such as Johnson & Johnson, L’Oréal, Nestlé, Schneider Electric, Michelin and BASF are among the more than 50,000 businesses on the EcoVadis network, all working with a single methodology to evaluate, collaborate and improve sustainability performance in order to protect their brands, foster transparency and innovation, and accelerate growth. Learn more at www.ecovadis.com.