February 18, 2020
Stepan Company has achieved an overall score of 60 in the 2020 EcoVadis corporate social responsibility (CSR) report, placing Stepan among the top 12 percent of manufacturers for other chemical products.
Stepan’s mission is to create innovative chemical solutions for a cleaner, healthier, more energy efficient world and has once again improved its score in the annual EcoVadis CSR report.
Stepan has been awarded Silver status for the fourth time by scoring above average in each reporting category — sustainable procurement, business ethics, environmental performance and human rights. Stepan first achieved a silver ranking in 2016 with a score of 48 and has steadily increased performance since engaging on the EcoVadis platform in 2014.
EcoVadis is a third-party CSR assessment company that provides solutions for monitoring sustainability in global supply chains. It aims to improve environmental and social practices of companies by leveraging the influence of global supply chains. EcoVadis scoring methodology is based on international sustainability standards and supervised by a scientific committee of CSR and supply chain experts to ensure reliable third-party CSR assessments.
Stepan strives to demonstrate corporate social and environmental sustainability in all areas of business. We are looking forward to continued improvement in our corporate sustainability performance in 2021.