Company excels in Labor & Human Rights and Ethics performance for current Corporate Social Responsibility (CSR) Initiatives.
Pace® Life Sciences, a division of Pace® Science and Technology Company, is pleased to announce that it has received a Bronze Award for its current state of sustainability. This award signifies that Pace® is in the top 50% of companies evaluated.
The EcoVadis sustainability ratings are derived from several key performance areas: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Industry experts involved in the evaluation process highlighted Labor & Human Rights and Ethics as the areas in which Pace® currently excels. The scorecard results will be used as a tool to optimize and enhance targeted areas for improvement in the company’s overall Environmental, Social and Governance (ESG) efforts.
Delivering on sustainable efforts is a priority at Pace® as the company continues to place a stronger emphasis on actionable sustainability initiatives. “We have always worked to conduct business in a way that is meaningful to our staff and mindful of our impact on the areas around our various facilities,” stated Judy Morgan, VP Chief Compliance Officer at Pace®. “These focal points for conducting business have helped us to achieve a bronze award status which is very exciting and an achievement that deserves attention. It also helps us to define our current state as compared to the norm, while providing the challenge to move to the next level. We are proud of where we are and look forward to the journey ahead of us.”
Pace® is a portfolio company of Los Angeles-based Aurora Capital Partners and Leonard Green & Partners.
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 200 purchasing categories and 160 countries. Industry leaders such as Johnson & Johnson, Verizon, L’Oréal, Subway, Nestlé, Salesforce, Michelin and BASF are among the more than 75,000 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.