Orion S.A., a specialty chemicals company, has maintained a Gold medal rating from EcoVadis and ranks among the top 2% of the companies assessed by the organization in a wide range of sustainability areas. Orion improved its score from the previous year, moving up from 77% to 78% by making significant gains in the areas of sustainable procurement and ethics, according to EcoVadis, provider of business sustainability ratings.
“The annual progress Orion is making in the EcoVadis assessments is just another example of how committed we are to being a trusted partner for all our stakeholders and becoming an even more sustainable company,” Orion CEO Corning Painter said.
Over the past year, Orion has achieved several sustainability milestones. The most notable achievements include the completion of a series of four projects, with a total cost of more than $300 million that involved installing technology that is substantially reducing emissions at Orion’s U.S. plants.
As per the press release, the company is into the development of circular products and has received €6.4 million in funding from the German government and European Union to further develop technology to improve the production of carbon black using circular feedstocks.
