IFCO, a global provider of reusable packaging solutions for fresh produce, has achieved an improved score in the recent assessment by Sustainalytics. The company now ranks seventh out of 180 companies worldwide in the “Business Support Services” category, underscoring its commitment to sustainability.
Sustainalytics, a renowned independent ESG risk rating agency, recognized IFCO for its ongoing commitment to environmental, social, and governance principles. With a score of 10.7, IFCO demonstrates resilience and responsible management in the face of sustainability challenges.
IFCO’s improved score of 10.7, with “negligible risk” in all categories, represents progress compared to its previous impressive score of 11.3. The company has already been recognized as a top-rated ESG company in Europe by Sustainalytics in 2023. This improvement is a testament to IFCO’s proactive approach in addressing ESG risks and optimizing sustainable practices across its business areas.
In terms of worldwide ratings, IFCO ranks among the top 500 companies evaluated by Sustainalytics, further establishing its position as a sustainability leader in its industry. The company’s commitment to environmental protection, social responsibility, and adherence to high governance standards is exemplary.
In addition to its ambitious ESG strategy, IFCO has adopted comprehensive guidelines and programs overseen by its ESG committee and advisory board. The company ensures the quality and safety of its products through a robust product and service safety program, including risk assessments for product safety. To mitigate bribery and corruption risks, IFCO has established detailed policies and provides an independent hotline for reporting concerns. The company also invests in employee development and diversity programs.
IFCO’s circular economy model, which introduces reusable packaging containers (RPCs), provides environmental benefits throughout the entire value chain. As part of its commitment to transparency and accountability, IFCO regularly publishes comprehensive ESG reports, showcasing its progress, initiatives, and impacts. This disclosure commitment makes IFCO a trusted partner for customers, investors, and other stakeholders.
IFCO’s current ESG report can be found at: [Link to report]
About IFCO:
IFCO is a global leader in reusable packaging solutions for fresh produce, enabling customers in over 50 countries to participate in the circular economy. The company operates a pool of over 380 million reusable packaging containers (RPCs) worldwide, which are used for 2 billion deliveries of fresh fruits and vegetables, meat, poultry, seafood, eggs, bread, and other products from producers to retailers each year. IFCO RPCs optimize the supply chain for fresh produce by preserving quality and reducing costs, product waste, and environmental impact compared to single-use packaging.
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Quelle: IFCO Systems / ots
