Poste Italiane was awarded the prestigious Platinum medal by EcoVadis, which assesses the sustainability of companies along the supply chain, and further improves its position from last year’s Gold medal by placing within the top 1% of companies assessed by the team of international experts.
Sustainability rating
EcoVadis is among the most internationally recognised corporate sustainability rating platforms, and has so far rated 100,000 companies so far. The medal rewards companies that have completed the EcoVadis evaluation process and have demonstrated a sound management system that meets the sustainability criteria as set out in the EcoVadis methodology.
ESG Principles
The methodology is based on international sustainability standards including the Global Reporting Initiative, the UN Global Compact and ISO 26000, covering more than 200 ESG areas of interest for about 175 countries. The evaluation model, overseen by an international scientific committee, is based on globally-recognised standards and consists of measuring the performance of twenty-one indicators in relation to four macro-environments, the latter evaluated with a final score from 0 to 100: Environment, Labour Practices and Human Rights, Ethics and Sustainable Procurement.
CEO Del Fante’s comment on the EcoVadis ranking
“The move from the gold to the platinum medal in the EcoVadis ranking testifies to the company’s continuous progress in achieving the objectives of the ESG Strategic Plan ,” commented Poste Italiane CEO Matteo Del Fante. “The EcoVadis rating is a new milestone in Poste Italiane’s journey to the top of the global rating for corporate social responsibility along the supply chain.
The words of Co-General Manager General Lasco
“We are committed on a daily basis to finding innovative and sustainable solutions for our Italian and international partners, in line with our corporate objectives,” said Giuseppe Lasco, Co-General Manager of Poste Italiane. “We will continue to work to be an increasingly representative point of reference for the country in the ESG sphere. Leadership in the EcoVadis rating is in addition to other numerous recognitions obtained by Poste Italiane, which is present in the most prestigious international sustainability indices, including Borsa Italiana’s MIB ESG index, the first place among Blue Chip companies, the Dow Jones Indices for the fourth consecutive year, the Euronext Vigeo-Eiris Indices, the Integrated Governance Index (IGI), Euronext Equileap Gender Equality Eurozone 100, FTSE4Good, the Bloomberg Gender-Equality Index and Stoxx Global ESG Leaders. In addition to these, there are ratings from leading international agencies, such as the AA from MSCI, the A- from CDP and the Top 5% S&P Global ESG Score 2022 from the Sustainability Yearbook 2023. What is more, the Group was awarded an ESG Risk Rating of 13.7 (Low risk) by Sustainalytics and was recognised as a top ESG performer on a panel of over 15,000 companies assessed globally, earning it the accolade of 2023 Industry Top-Rated.