Recognition for the company’s commitment and continuous efforts to meet international CSR standards
Hermes Pharma, a leading expert in user-friendly oral dosage forms, has announced that the company together with its affiliates was awarded the Silver Medal by the international rating agency, EcoVadis. This rating confirms the company’s commitment to Corporate Social Responsibility (CSR) and sustainability initiatives driven internally and by its customers. Ecovadis annually analyses more than 45,000 companies in 190 industry sectors in 150 countries, assessing how well they have integrated the principles of CSR into their business and management systems.
"We are delighted that EcoVadis has rated us so positively. The Silver Medal helps us demonstrate to our customers that we understand the importance of sustainability and transparency and that we align our business practices throughout the entire pharmaceutical value chain accordingly. While this is only EcoVadis' first evaluation of our company, it motivates us to further expand our sustainability performance and accelerate our initiatives," said Dr. Torsten Eckardt, Project Manager CSR at Hermes Pharma. "We feel recognised for our efforts and our employees honored that an objective third-party has concluded that our business practices meet international standards in areas that are so important for conscientious corporate behaviour," he continued.
The EcoVadis assessment methodology focuses on 21 CSR criteria that are grouped into four areas: Environment, Labour & Human Rights, Ethics and Sustainable Procurement. The methodology is based on international CSR standards including the GRI (Global Reporting Initiative), the United Nations Global Compact and ISO 26000.