RS Band builds on its 2020 and 2021 silver and gold ratings to achieve notable leadership in environmental and sustainable sourcing
LONDON, September 29, 2022 /PRNewswire/ — RS Group plc (LSE: RS1), a global omnichannel provider of product and service solutions, today announced that it has been awarded a platinum award by EcoVadis, the independent provider of global sustainability assessments used by many large organizations to help support sustainable purchasing decisions.
RS Group is no stranger to this award, having previously been a recipient of the EcoVadis Medal Ranking and moving from silver to gold and now to the highest ranking, platinum, over the past two years.
The platinum award places RS Group in the top 1% of more than 100,000 rated companies assessed by EcoVadis, with each company rated on sustainability risks and issues material to its size, location and industry. In addition, RS Group was highlighted in the assessment as a leader in the areas of environment and sustainable sourcing. RS Group now joins RS France which achieved the platinum medal earlier in the year.
“We are extremely proud to have achieved the EcoVadis platinum medal and this demonstrates our strong commitment to ESG,” said Debbie Lentz, President ESG Solutions, RS Group. “However, this success does not mean that we have reached the upper limit of our ambition and we are already investing in actions to improve further and to help our customers and suppliers achieve their goals. In terms of spend, 47% of our suppliers are EcoVadis rated companies, and we use these metrics to monitor and target ESG improvements with all of our suppliers.”
The EcoVadis methodology is based on international sustainable development standards (Global Reporting Initiative, United Nations Global Compact, ISO 26000). Its evidence-based assessment covers policies, actions and outcomes across key sustainability and ESG (environment, social and governance) dimensions of environment, labor and human rights, business ethics, sustainable business and purchasing.
RS Group plc is a leading global provider of omnichannel industrial product and service solutions for customers involved in the design, construction and maintenance of industrial equipment and operations in a safe and sustainable manner. We stock over 700,000 industrial and electronic products, from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 million customers. With operations in 32 countries, we trade through multiple channels and ship over 60,000 packages daily.
We support our customers throughout the product life cycle, whether through innovation and technical support in the design phase, improving time to market and productivity in the construction phase, or reducing purchasing costs and optimizing stocks during the maintenance phase. We provide our customers with tailor-made product and service proposals that are essential to the smooth running of their business and save them time and money.
RS Group plc is listed on the London Stock Exchange under the ticker symbol RS1 and during the year ended March 31, 2022 reported revenue of £2,554 million.
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RS Group plc