was awarded a Gold rating for the third consecutive year, based on its 2019 EcoVadis Corporate Social Responsibility (CSR) assessment.
The company’s score classifies Diamond’s overall CSR performance as “Advanced” and places it in the top 1% of all companies evaluated by EcoVadis.
Corporate Social Responsibility is the continuing commitment by businesses to act responsibly by integrating social and environmental concerns into their operations. CSR goes beyond regulatory compliance to focus on how companies manage their economic, social, and environmental impacts, as well as their relationships with stakeholders (e.g., employees, suppliers, government).
The EcoVadis methodology is at the core of its CSR analysis system, covering 21 criteria across four themes of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The methodology is based on international CSR standards, including the Global Compact Principles, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standard, the ISO 26000 standard, and the CERES principles.
Diamond ranked in the top 2% of suppliers assessed by EcoVadis in the category “Manufacture of corrugated paper and paperboard and of containers of paper and paperboard”.
Diamond ranked highest in the Environment category, which comprises both operational factors (e.g., energy consumption, waste management) and product stewardship (e.g., product end-of-life, customer health and safety issues).
Diamond reported on its greenbox sustainability initiative to research, design, and implement packaging solutions that are innovative and more sustainable.