Xsys achieves EcoVadis 2022 silver medal rating

The award is for producing the sustainable solutions

Xsys has received a silver medal rating for its sustainability performance from EcoVadis
Xsys has received a silver medal rating for its sustainability performance from EcoVadis

Xsys Germany has been rated in the top 10% of manufacturing facilities in the paints, varnishes and similar coatings, printing ink and mastics industry category, receiving a silver medal rating for its sustainability performance from EcoVadis. 

“This rating reflects the commendable achievements of the Xsys team and all the hard work that goes into our mission to bring brilliance to the printing industry with our flexographic and letterpress plates,” said Dagmar Schmidt, CEO of Xsys. “Furthermore, it goes beyond our commitment to protecting the environment by evaluating our dedication to social responsibility, diversity, and human rights.”

With sustainability increasingly viewed as a core demand from customers and a source of competitive advantage, there is an increasing demand for more scrutiny and transparency around products and practices. Companies are more than ever adopting and integrating corporate social responsibility principles into their procurement processes and decisions to respond to new demands and future-proof their businesses.

“The EcoVadis Silver Medal rating gives our customers a clear picture of where we as a company stand in our sustainability performance compared to our peers in the industry and above all also gives us a clear guidance where there is improvement potential,” explains Friedrich von Rechteren, global commercial vice president at Xsys. “We believe our active engagement with the rating process guides and accelerates Xsys’s sustainability journey. Furthermore, it continues to create a strong platform to drive performance improvement for the benefit of our customers.”

He adds, “However, at Xsys, we never rest on our laurels and will continue to improve across all categories ahead of the next EcoVadis assessment later this year. This endeavor is about being completely transparent in everything we do, and the ultimate goal is, of course, to secure a gold medal.”

Xsys Germany received the award for four themes 

The EcoVadis assessment results from Xsys’s strong commitment to the environment and ethical operation. Data shows that companies that have been assessed by EcoVadis at least three times have grown their sustainability management practices at an above-average rate and shown year-on-year improvement across sustainability themes. 

As part of the process, Xsys Germany was rated across four themes – Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. It received an overall high score of 61 out of 100, which puts the site in the 91st percentile in its industry. The strongest scores (70/100) were given in the ethics category (which looks at elements such as corruption, anti-competitive practices, reliable information, and management) and in the environment category, where operations and products are analyzed in detail.

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence, and collaborative performance improvement tools for global supply chains. Rating companies’ sustainability performance across 21 criteria is a collaborative platform that allows companies to focus on performance and find a clear direction of continuous improvement. Its methodology is based on international sustainability standards (Global Reporting Initiative, United Nations Global Compact, ISO 26000) and supervised by a scientific committee of sustainability and supply chain experts to ensure reliable third-party sustainability assessments.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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– Naresh Khanna

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