Frigoglass I C : awarded Platinum Rating by EcoVadis for 2020

Frigoglass awarded Platinum Rating by EcoVadis for 2020

Athens, December 10th, 2020 - Frigoglass announces that it has been awarded the Platinum rating by EcoVadis for its sustainable and socially responsible practices for 2020. This represents the fourth consecutive year that Frigoglass was placed among the top 1% of the best rated companies worldwide in its industry. Reaching an overall score of 83% Frigoglass is holding the highest rating for its responsible practices in relation to Environment, Labor & Human rights, Sustainable Procurement and Ethics. These categories have been assessed by EcoVadis and placed Frigoglass in the top environmental- conscious suppliers globally.

Sustainability is fully embedded in Frigoglass culture and remains the center of its strategic priorities. Ambitious targets are set every year to improve the business by protecting the environment and drive a positive impact on people and communities. The Platinum recognition, which as a rating scale has been introduced by EcoVadis for the first time this year, confirms Frigoglass continuous commitment on Sustainability.

EcoVadis, the leading global sustainability monitoring platform, is encouraging companies to adopt sustainable practices. Its rating methodology is based on international standards such as Global Reporting Initiative, United Nations Global Compact and ISO 26000. The EcoVadis CSR (Corporate Social Responsibility) network covers more than 50,000 suppliers, 190 industries and 150 countries.

Nikos Mamoulis, Chief Executive Officer of Frigoglass, commented: "We are very proud to receive the Platinum award in 2020 and the highest distinction for our socially responsible activities for the fourth consequent year. Our score with EcoVadis proves our determination to continuously improve our performance by innovating our industry in ways that secure a sustainable future, and also encourage us to enhance our initiatives in the years to come"

Frigoglass

Frigoglass is a strategic partner to beverage brands throughout the world. We are one of the global leaders in the Ice Cold Merchandisers (ICM) market and the principal supplier of glass packaging in the high growth markets of West Africa.

Frigoglass has long-standing relationships with blue chip customers in the soft drinks and beverage industries. Our bespoke Ice Cold Merchandisers (beverage coolers) enhance our customers' beverage branding and facilitate immediate beverage consumption. At the same time, our leading innovations in the field of green refrigeration enable our customers to meet their sustainability and carbon emissions reduction targets.

With its footprint, Frigoglass is well established in the more mature European markets while it is evolving and establishing its position in emerging markets. We support our customers through manufacturing facilities in eight countries and an extensive network of sales and after-sales representatives.

In our glass bottle business, we are focused on the markets in Africa, which are prime regions of investment for our customers. We aim to create value for our customers by building on our position as a leading supplier of glass bottles and complementary packaging solutions in West Africa.

For more information, please visit www.frigoglass.com.

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