Sourcing Industry Group recognizes company along with EcoVadis for scaling its sustainability risk and improvement program across a global supply base
MENTOR, Ohio – October 17, 2019 – Avery Dennison, a global materials science and manufacturing company was named winner of the 2019 Future of Sourcing Awards during the Sourcing Industry Group’s Global Executive Summit in Carlsbad, California. The Future of Sourcing Awards celebrates organizations and individuals that show innovation, leadership and transformation in categories that are critical to the sourcing industry.
EcoVadis and Avery Dennison received the Innovations in Sustainability award for Avery Dennison’s Sustainable Procurement Program, which assesses, monitors, and encourages the improvement of the social and environmental practices of Avery Dennison supplier partners worldwide.
“Avery Dennison is honored to be recognized with EcoVadis for our effort to make our global supply chain more sustainable,” said Robyn Buma, vice president of global procurement for Avery Dennison’s Label and Graphic Materials and Industrial and Healthcare Materials businesses. “We know our supply chain affects the wider world, and we are proud to have developed a sustainability program that aligns this with our scale and complexity and encourages our suppliers to implement best practices.”
Launched in 2016, Avery Dennison’s Sustainable Procurement Program uses EcoVadis sustainability ratings and performance improvement tools for the company’s suppliers. Each year, Avery Dennison and EcoVadis review suppliers representing more than 80 percent of Avery Dennison’s direct spend on materials. EcoVadis assesses and rates each supplier’s environmental, ethics, labor, and supply chain practices. Detailed scorecards are then made available to Avery Dennison’s procurement team, helping to track individual supplier’s results and improvement paths. Suppliers can also use EcoVadis’ online system to share their scorecard with any customer or stakeholder who requests it, including Avery Dennison competitors. Scorecards and corrective actions are used collaboratively rather than punitively with suppliers, to help them improve their practices.
“Without external collaboration, defining and rolling out an advanced sustainable procurement program was challenging. We needed to navigate corporate social responsibility complexities, review sustainability best practices, measure suppliers’ performance against them, and also understand our own supply chain impacts holistically. EcoVadis’ internationally recognized methodology and assessment platform was instrumental in helping us do this,” Buma said.
“Avery Dennison understands the critical role suppliers play in advancing a company’s sustainable practices. This award by Future of Sourcing is a validation of their work and vision. We could not be more proud to collaborate with their procurement team in achieving their ambitious goals,” said Valerie Touchon, vice president of Customer Success at EcoVadis.
Avery Dennison’s work with EcoVadis also received a Label Industry Global Award in September 2018.
# # #
The Future of Sourcing Awards
The Future of Sourcing Awards recognize organizations and individuals that show innovation, leadership and transformation in categories that are critical to the sourcing industry. The Awards take place on Wednesday, October 16, 2019, the capstone evening at the SIG (Sourcing Industry Group) Global Executive Summit.
About Avery Dennison
Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical and retail applications; tags, labels and embellishments for apparel; and radio-frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employs approximately 30,000 employees in more than 50 countries. Reported sales in 2018 were $7.2 billion. Learn more at www.averydennison.com.
EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 198 purchasing categories and 155 countries. Industry leaders such as Johnson & Johnson, Verizon, L’Oréal, Subway, Nestlé, Salesforce, Michelin and BASF are among the more than 55,000 businesses on the EcoVadis network, all working with a single methodology to evaluate, collaborate and improve sustainability performance in order to protect their brands, foster transparency and innovation, and accelerate growth. Learn more on ecovadis.com, Twitter or LinkedIn.
Alisa Feingold, Director, Communications, Avery Dennison
+1-440-725-2186 l firstname.lastname@example.org
North America: Abigail Holmes, Corporate Ink for EcoVadis
UK/EU: David McClintock, Marketing Director, EcoVadis
+33 6 03 77 84 74, email@example.com