EcoVadis has awarded the machine manufacturer Loesch Verpackungstechnik (LoeschPack) the silver medal for advanced sustainability performance, an award received by only a quarter of all participating companies. The evaluation is based on 21 criteria in the areas of environment, labor and human rights, ethics, and sustainable procurement. To refine the result, all aspects assessed are weighted according to seven management indicators.
Sustainability is practiced at LoeschPack in many ways. This is confirmed by the EcoVadis award, which Olaf Piepenbrock, Managing Partner of LoeschPack, Hastamat, and the parent company Piepenbrock, is delighted about: “Sustainability is firmly anchored in the strategy of LoeschPack and the entire Piepenbrock Group. We take responsibility for our employees and customers, our society, and the environment. The silver medal from EcoVadis underlines our sustainable efforts and makes us very proud. The rating provides comparability and transparency. It shows how well LoeschPack is positioned in terms of sustainability—where our strengths lie and where we can improve further.”
LoeschPack’s understanding of forward-looking sustainability is based on economic success, fairness, respect, and responsibility. The machine manufacturer acts in a socially, ecologically, and economically sustainable manner—always in line with the definitions of the Brundtland Report and the Council for Sustainable Development in Germany. As a partner of Blue Competence, the company promotes sustainability in mechanical and plant engineering. In doing so, it is committed to acting in accordance with the industry’s twelve sustainability guidelines. In order to continuously reduce its CO2 emissions, LoeschPack relies on energy from its own solar installation on the company building in Altendorf. Technically, the company focuses on sustainable, reliable, and efficient machine and packaging solutions, low consumption, and recyclable packaging materials. LoeschPack offsets its emissions through various climate projects, for example by planting trees in its own Piepenbrock Forest in Brandenburg, which promotes CO2 sequestration and supports biodiversity.
Since its founding in 2007, EcoVadis has become the world’s largest provider of corporate sustainability ratings. Its international network includes more than 100,000 rated companies. EcoVadis provides them with holistic corporate social responsibility (CSR) ratings via a global cloud-based SaaS platform. The rating covers a wide range of non-financial management systems, including environmental impact, labor and human rights, ethics, and sustainable procurement. Each company is rated on the issues relevant to its size, location, and industry.