MISSISSAUGA, Ontario, Canada & TROY, Mich., Oct. 17, 2023 – Woodbridge today announced that it has maintained its Silver Rating in sustainability from EcoVadis, a globally recognized business sustainability ratings platform. This is the third consecutive year the company has received this recognition for its environmental, social, and governance (ESG) program.
“This rating represents the global efforts of our Teammates to help people, communities, and environments prosper today and tomorrow,” said Juho Song, General Counsel & Compliance Officer. “At Woodbridge, we are taking action across the board to ensure we are becoming a more sustainable business, and it is encouraging to know that we are on the right track on our ESG journey with this recognition.”
On an annual basis, EcoVadis experts evaluate company performance on 21 factors grouped into four categories: environment, labor and human rights, ethics, and sustainable procurement. Each company is assessed in these areas based on size, location, and industry. The rating methodology is based on international sustainability standards and initiatives, such as the Global Reporting Initiative (GRI) Standards, United Nations Global Compact and ISO 26000 standard (social responsibility).
Notable Recent Woodbridge Recognition for ESG & Sustainability:
To learn more about our continued progress and strengthened focus on our ESG initiatives, click here to read our FY 2022 Sustainability Report.
About Woodbridge
With corporate headquarters in Mississauga, Ontario, Canada, and automotive headquarters in Troy, Michigan, USA, Woodbridge has more than 7,000 teammates in over 40 locations across nine countries. The company offers material technologies for automotive, commercial, recreational, packaging, healthcare, and building product applications. We provide a full complement of services, including prototyping, consulting, technical support, chemical R&D, and accredited laboratory testing.
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