Bachem, a Swiss biotechnology company, has been honored with a platinum medal for its commendable sustainable practices by EcoVadis, a leading sustainability rating organization. EcoVadis boasts a vast network of over 90,000 rated enterprises across 175 countries and 200 industries, making it a market leader in providing sustainability ratings.
Reports indicate that Bachem’s business status was previously elevated from silver to gold the previous year. The platinum award has now propelled the company to the top 1% of businesses in its sector and the top 2% of EcoVadis’ list of most sustainable enterprises.
EcoVadis conducts a rigorous evaluation procedure to rate a company’s performance in terms of the environment, society, and ethics. Companies and organizations worldwide utilize EcoVadis’ evaluations and reports to recognize and manage sustainability risks and opportunities in their supply chains. The platform allows businesses to comprehend the sustainability performance of their suppliers and take corrective action.
Bachem’s platinum award recognizes the company’s exceptional performance in several areas, including the environment, ethical behavior, sustainable procurement, and labor and human rights.