EcoVadis rates companies’ sustainability performance in four categories: environment, labor & human rights, ethics, and sustainable procurement. CHG-MERIDIAN has made significant advances in all of those areas, particularly through the implementation of several ISO-certified management systems, transparent sustainability reporting, and comprehensive climate management, which reached a major milestone last year when the Company signed the commitment letter of the Science Based Targets initiative (SBTi).
Successful link between financing and sustainability
“The EcoVadis rating is also a central pillar of our sustainable financing strategy,” Wagner adds. “Going forward, our aspiration is to finance our growth entirely through sustainable funding instruments.” Since 2021, CHG-MERIDIAN has already raised €800 million from ESG-linked funding instruments that are directly associated with its EcoVadis rating. “This emphasizes our strong commitment to responsible and forward-looking corporate development.”
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