Platinum and gold EcoVadis ratings for SGEF

To further strengthen its global sustainability engagement, SGEF decided to start an EcoVadis assessment in Germany in 2021.

EcoVadis is an independent rating company which has assessed more than 100,000 companies on the full spectrum of sustainability factors of corporates with broad-scale supply chain risk screening and mapping. It provides ratings, scorecards and complete audit and improvement management.

In the first assessment, SGEF Germany (GEFA BANK) achieved a promising rating, reaching the Silver level. Based on this great result, SGEF Germany identified areas for further ESG improvements. In 2022, SGEF Germany moved from a Silver to a Gold level, reflecting excellent recognition of sustainability engagement and integration into their processes and organisation.

As part of SGEF’s EcoVadis journey, they have completed the EcoVadis sustainability assessment for their holding (SGEF S.A.) and have been rated Platinum, placing them in the top 1% of assessed companies in their business area.