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2023-02-23

Building sustainable competitiveness, Luxshare has achieved a bronze rating from EcoVadis.

On February 9th, EcoVadis, the internationally recognized rating agency for business sustainability, officially released its rating for Luxshare's performance in sustainable development. Luxshare has achieved a bronze rating in EcoVadis' latest assessment, showcasing outstanding performance across four dimensions: environment, labor and human rights, business ethics, and sustainable procurement. This marks Luxshare's first award in the EcoVadis rating.

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EcoVadis is a globally leading and widely recognized independent sustainability rating agency, specializing in a system platform designed for international supply chain management organizations. The ratings cover over 200 industry categories, assessing companies' overall performance in areas such as environment, labor and human rights, business ethics, and sustainable procurement. The rating criteria are based on internationally recognized corporate social responsibility standards, including the United Nations Global Compact Ten Principles, International Labour Organization (ILO) conventions, Global Reporting Initiative (GRI) standards, ISO 26000 standards, and others. The evaluation process is overseen by an international scientific committee, ensuring a high level of credibility and trustworthiness.

Luxshare's bronze rating reflects the company's full compliance with international recognized social responsibility standards, demonstrating a commitment to responsible corporate practices and responsibilities. The achievement also signifies significant progress in both management and practical aspects. In the latest EcoVadis assessment, Luxshare has climbed to the top 22% in the industry overall, with a top 14% ranking in the environmental category and a top 15% ranking in sustainable procurement.

Positive external evaluations are a powerful achievement for Luxshare. The company will continue to build sustainable competitiveness and collaborate with our employees, customers, suppliers, and partners to collectively advance this great initiative.

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