European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Automotive

Gold medal for MAN in EcoVadis sustainability ranking

by Marie Weil
November 11, 2022
A A
Share on LinkedinShare on Twitter

The world’s largest provider of sustainability ratings has awarded MAN a gold medal for the first time. This puts the commercial vehicle manufacturer among the top five percent of companies assessed in the “manufacture of motor vehicles” segment.

  • MAN has improved strongly in all four assessment areas and is well above the industry average everywhere.
  • The sustainability efforts of recent months and years are bearing fruit – and are an incentive for further ambitious measures.
  • Sustainability is anchored in the core of MAN’s new corporate strategy and will remain a central task in the future.
  • The success was made possible by the interdisciplinary cooperation of all the departments involved at MAN.

Since its foundation in 2007, the independent rating agency EcoVadis has built up an international network of more than 100,000 rated companies. For this purpose, experts analyse how well they have integrated the principles of sustainability and corporate social responsibility (CSR) into their business activities and management systems – specifically according to industry, country and company size. MAN has been participating in the assessments since 2014.

The aim of EcoVadis is to produce reliable and globally recognised sustainability assessments. This enables companies to document their own efforts and include their assessment when selecting suppliers. Increasingly, such assessments are the prerequisite for even being considered for new purchases.

MAN far above the industry average

MAN achieved 72 out of 100 points in the overall evaluation, while the industry average in the “manufacture of motor vehicles” segment is 45 points. The high score secures MAN a place among the top five percent of all 104 companies assessed, as 97 percent of them scored worse. This is why EcoVadis has awarded the commercial vehicle manufacturer a gold medal for the first time, following a bronze medal in 2021.

EcoVadis evaluates companies in four areas. MAN achieved the highest score in the area of “Environment” (80 points), followed by “Labour and Human Rights” (70 points), “Sustainable Procurement” (70 points) and “Ethics” (60 points). The basis for the assessments was the current Sustainability Report 2021, which is based on the fundamentally revised sustainability strategy.

MAN’s transparent and comprehensive reporting and progress tracking on all relevant sustainability aspects (e.g. the audited sustainability report in accordance with the GRI standard), the commitment to sustainability goals via published information and measures already implemented (e.g. the SBTi goals) as well as the guidelines and policies anchored in the company on the four assessment areas (e.g. the MAN environmental policy) were particularly highlighted in the assessment.

New MAN sustainability strategy bears fruit

Sustainability is anchored at the core of MAN’s new corporate strategy. “This is now bearing fruit, as our leap forward in the EcoVadis assessment shows,” says MAN CEO Alexander Vlaskamp. “For us, this is an incentive to further increase our efforts in all areas considered – because sustainability is not an outcome, but a continuous process. And even in a difficult market environment, we regard sustainable action as a prerequisite for being able to compete in the future.”

In particular, the interdisciplinary cooperation of all MAN divisions made the success in the EcoVadis assessment possible. The company intends to continue along this path in the future: After the detailed evaluation of the strengths and weaknesses named by the experts, MAN will further optimise its measures in the area of sustainability.

Tags: < ESG | Sustainability

Related Industries

Automotive

Hyundai Motor and Shell Extend Strategic Partnership to Advance Future Mobility Solutions

August 20, 2026
Automotive

Ford and Geely Auto Join Forces in Europe to Produce Next-Generation Multi-Energy Vehicles in Spain

July 24, 2026
Automotive

Jean-Luc Terrasse is appointed CEO of Valeo Light Division and Group Executive Vice President

July 2, 2026
Automotive

Stellantis and Applied Intuition Expand Collaboration with STLA Brain to Advance Vehicle Software and Enhance Customer Experience

May 22, 2026
Automotive

Valeo and holoride Expand Partnership to Scale Extended Reality Gaming in Vehicles

April 25, 2026
Automotive

Stellantis Accelerates AI-led Strategy and Digital Transformation Through Strategic Collaboration with Microsoft to Enhance Customer Experiences

April 17, 2026

Hyundai Motor and Shell Extend Strategic Partnership to Advance Future Mobility Solutions

August 20, 2026

...

Mike Joo and Adeel Khan appointed Co-CEOs of Barclays Investment Bank

August 18, 2026

...

ABN AMRO completes acquisition of NIBC

August 4, 2026

...

ZEISS invests in SeeTrue Technologies to advance eye-tracking solutions

August 6, 2026

...

Maersk expands partnership with Columbia Sportswear with UK warehousing and distribution agreement

August 19, 2026

...

TotalEnergies Acquires Shell’s Renewables Business and Sells a 50% Stake in a Portfolio of Developed Assets to KKR

August 4, 2026

...

ABB invests in LevelTen Energy to advance clean energy procurement

August 7, 2026

...

Sumitomo Corporation Acquires a 33.3% Stake in the Gwynt Glas Offshore Wind Farm in the UK, First Investment in a Floating Offshore Wind Project

August 11, 2026

...

Exor and Philips Extend Long-term Relationship Agreement

August 11, 2026

...

European Business European Business European Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist