Ashland Inc. has earned EcoVadis Gold, which the company says underscores its commitment to environment, social, and governance (ESG), and a conscious-to-cutting-edge approach to innovation. The recognition comes after Ashland’s recent launch of its ESG Report and extensive ESG online experience. According to the company, both were launched with the intent to increase transparent communication and reinforce the company’s commitment to ESG.

Since its founding in 2007, EcoVadis, a provider of business sustainability ratings has ranked over 100,000 companies globally. In October, the ratings agency announced that Ashland achieved a Gold EcoVadis medal, placing the company among the top 5% of companies evaluated. Criteria for the rating is based on a broad range of non-financial management systems, including environment, labor and human rights, ethics, and sustainable procurement impacts.

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