Stepan : Ranks in Top 6 Percent in EcoVadis Assessment
January 31, 2022 at 06:02 pm
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Stepan scores above average across all assessment categories compared to its industry group. Notable improvements included higher ratings on Labor and Human Rights. Some key areas of progress Stepan is proud to have made in 2021 include:
Updated policies related to workforce diversity, inclusion and human rights
Consistent implementation and training on Stepan's Code of Conduct
Thoughtful employee engagement and ongoing support during the pandemic
Actions and initiatives taken by the Stepan Environmental, Health, Safety and Security team to promote safety at our global sites
Commitment to evaluating our suppliers' human and labor rights practices
"We are proud to attain EcoVadis Gold ranking. Thank you to the Stepan teams globally for their commitment to deliver on meaningful ESG (Environmental, Social and Governance) goals, which we aim to continue through 2022 and beyond," said Jason Keiper, Stepan Company Chief Technology and Sustainability Officer.
As a leading merchant producer of surfactants and polyurethane polyols, Stepan recognizes its unique position within the supply chain can have a significant positive impact on sustainability. Stepan is committed to creating innovative chemical solutions for a cleaner, healthier, more energy efficient world. Through strong stakeholder partnerships, responsible practices and a focus on innovation, Stepan aims to drive progress toward a more sustainable future.
EcoVadis is a widely recognized assessment framework that evaluates companies across industries on their Corporate Social Responsibility (CSR) performance.
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Stepan Company published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 18:01:01 UTC.
Stepan Company is a producer and seller of specialty and intermediate chemicals that are used in a variety of end products. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Surfactants segment offers ingredients in consumer and industrial cleaning and disinfection products, such as detergents for washing clothes, dishes, carpets, floors and walls, as well as shampoos and body washes. Other applications include fabric softeners, germicidal quaternary compounds, disinfectants, lubricating ingredients, emulsifiers for spreading agricultural products and industrial applications. The Polymers segment includes polyurethane polyols, polyester resins and phthalic anhydride. Polyurethane polyols are used in the manufacture of rigid foam for thermal insulation in the construction industry. The Specialty products segment includes flavors, emulsifiers and solubilizers used in food, flavoring, nutritional supplement and pharmaceutical applications.
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