Verescence, the world leader in glass bottles for the Perfumery and Cosmetics industry, has been awarded the ‘GOLD’ level, by the environmental rating agency EcoVadis for its social and environmental practices. The ‘GOLD’ level is the highest recognition from EcoVadis.
Verescence thus ranks among the Top 1% of the companies assessed by EcoVadis in 2018 across all industry sectors. All its manufacturing sites located in France, Spain and the USA also obtained the ‘GOLD’ award.
The rating agency, EcoVadis, specializes in Corporate Social Responsibility (CSR) and assesses more than 50,000 companies on the basis of 21 criteria around four themes: environment, labor and human rights, business ethics and sustainable procurement.
“This recognition rewards the efforts of our group and our plants in CSR, an area to which we have been committed for many years. Since pioneering the first eco-designed and recyclable Infinite Glass bottle in 2008, we have continuously worked to improve our practices to set an example as the global leader in our industry,” highlights Thomas Riou, Verescence’s CEO.
Verescence, which has just published its CSR Report focuses its long-term actions on three pillars: People First, Act for Society and Eco Solutions. The group’s CSR strategy, labelled « Glass Made to Last » is based on the 17 objectives set out by the United Nations. The report details both the initiatives carried out but also the objectives for 2020, while positioning itself in a transparent way for the expectations of the GRI (Global Reporting Initiative).
With its strong global footprint, the group emphasizes partnerships with local market players in an eco-sustainable approach and is focused on preserving local jobs. Verescence considers it a priority to invest in developing its employees’ skills and expertise though various societal initiatives (supporting glass school, ongoing training…) and to encourage diversity.
To support its clients’ responsible procurement requirements, the group developed, in 2017, a benchmarking tool for the environmental impact of its products following the method of the Life Cycle Analysis (LCA).
Verescence will participate in a conference on ‘Sustainable development and value creation’ alongside Guerlain and other partners, on October 2nd during the Luxe Pack tradeshow in Monaco, and on ’Brand value and communication on responsible commitments’ on October 25th during the Fragrance Innovation Summit in Paris.