Songwon Industrial Co., Ltd., a manufacturer of polymer stabilizers announced that it has been awarded a Platinum medal from EcoVadis for its sustainability performance. Scoring 85 out of a maximum of 100 points, this rating places SONGWON in the top 1% of the 73,000 companies assessed by EcoVadis across the globe.

After achieving Gold 5 times, being awarded Ecovadis’ highest platinum level for the 1^st time is a significant sustainability milestone for SONGWON and underscores the organization’s unwavering commitment to sustainability objectives and transparency. For example, SONGWON recently developed a comprehensive carbon reduction roadmap in alignment with the Korean government’s Nationally Determined Contribution, which targets an 11.4% reduction in emissions within the chemical industry by 2030.

Commenting on this outstanding result, Thomas Schmutz, Leader Global Technology, Regulatory Affairs & Sustainability said, “At SONGWON, we are very proud to be awarded the Platinum medal which is a testament to the dedicated efforts and great progress made by our global sustainability team who continually strive for improvement in all of our sustainability efforts. Achieving a place among the top 1% of all companies evaluated highlights our deep commitment to meeting the highest CSR standards and to SONGWON’s ability to drive change as well as build a more sustainable future for future generations.”

For more information on SONGWON or EcoVadis visit www.songwon.com or www.ecovadis.com.