Pernod Ricard has been recognised as one of the top 3% of global companies for its commitment to Corporate Social Responsibility (CSR) according to EcoVadis.
EcoVadis highlighted Pernod Ricard's progress in social responsibility by awarding it a score of 75/100.
EcoVadis operates the first collaborative platform enabling large companies to assess the environmental and social performance of their suppliers and to cover anti-corruption prevention and due diligence requirements.
Pernod Ricard improved by +18 points compared to the last rating in 2011. The Group has been awarded the ‘Gold Recognition level’, reserved for only 5% of the highest-ranking companies. Pernod Ricard's commitment was seen as most effective in environmental issues, where it was rewarded with a score of 90/100.
“We congratulate Pernod Ricard on their strong progress and for achieving the Gold Recognition," said Pierre-François Thaler, co-CEO of EcoVadis. "They are among the best in our industry benchmark on environment and social themes. This is a great example of a leader who is also driving all its suppliers to improve CSR performance across its entire supply chain.”
There has also been a surge in Pernod Ricard's Vigeo Eiris ranking, up five points compared to November 2016 to 63/100 in May, making it a global leader in the beverage industry in terms of CSR.
Vigeo Eiris is an independent international ESG (Environment, Social and Governance) research and services agency for investors and private and public organisations. It reviews risks and assesses the level of integration of sustainability factors into the strategy and operations of organisations.
Vigeo Eiris specifically hailed Pernod Ricard’s commitments, actions and results in the fields of social and environmental responsibility.
Cédric Ramat, EVP, Human Resources, Sustainability & Responsibility, said: “Today, we are very proud of the scores obtained in the rankings published by Vigeo Eiris and EcoVadis, two leading organisations in sustainable performance. We truly consider that sustainable success should benefit all and therefore our ambition is to go a step further. In line with this, we have started an internal reflection on our sustainability and responsible approach piloted by Vanessa Wright, our new Group Vice President Sustainability and Responsibility.”