Stolt Tankers achieves gold rating in EcoVadis sustainability assessment

Stolt Tankers is pleased to announce its recent gold rating award from EcoVadis for its sustainability efforts. The sustainability scorecard that details Stolt Tankers’ performance considers four broad themes – environment, labour and human rights, ethics and sustainable procurement.

Stolt Tankers first participated in EcoVadis sustainability assessments in 2014. Since then, the company has made significant progress on its sustainability performance. This is demonstrated by this latest result, with which Stolt Tankers has gone from a silver result in 2022 to a gold rating with a score of 70 in the sea and coastal water transport Industry category.

The steps the company took to make this progress were diverse. They included improved environmental reporting, use of software to increase efficiency, reporting on diversity in the organisation and performing supplier audits, amongst other things.

Lucas Vos, President, Stolt Tankers said, “As we can see from the topics covered by the assessments, this achievement has required effort from across the company. The result stands as a testament to Stolt Tankers’ commitment to being a good corporate citizen by; working ethically; supporting our people and communities and improving the sustainability of our business. We can take particular pride in the fact that our results show that we are achieving more than 95% of the companies in our industry category currently rated by EcoVadis. A huge well done to all involved.”

EcoVadis currently assesses over 90,000 companies worldwide across different business categories. Its methodology is based on international sustainability standards, including the Global Reporting Initiative (GRI) and the United Nations Global Compact.

Sustainability is an integral part of Stolt Tankers’ strategy and day-to-day operations. The company’s goals are broad-ranging and cover everything from emissions reduction and protecting life below water to improving safety and supporting employee development and wellbeing.

Pictured (left to right), StoltTankers’ sustainability team: Giorgio Guadagna, Gabriel Poritz and Bharat Nayar