BUFFALO
GROVE, Ill., July 24,
2024 /CNW/ -- Advancion Corporation ("Advancion" or
"Company"), a leading global producer of specialty ingredients for
the life sciences, home and personal care, and other
consumer-oriented and industrial markets, today announced it has
received the EcoVadis Gold Medal for its 2024 sustainability
performance. The Gold Medal recognition earns Advancion a spot in
the top 5% of companies around the world rated by EcoVadis in the
past 12 months.
This marks the fourth consecutive year and sixth year overall
that Advancion has achieved a Gold Medal recognition level since
first participating in the independent EcoVadis assessment program
in 2017. The Company's overall 2024 score of 75/100, a 2-point
increase from the previous year, reflects ongoing improvements in
the four areas of corporate social responsibility (CSR) and
sustainability assessed by EcoVadis: Environment, Labor and Human
Rights, Ethics, and Sustainable Procurement.
"We are incredibly proud to once again earn the EcoVadis Gold
Medal for sustainability performance in 2024," said David Neuberger, President and Chief Executive
Officer. "This recognition not only reflects our unwavering
commitment to sustainable practices, but it is also a testament to
the dedication of our team to creating a positive impact on the
environment and society. Achieving this milestone is crucial as it
independently validates our efforts to operate responsibly as well
as enhances stakeholder trust and aligns with our global
sustainability goals. We will continue to strive for excellence in
sustainability, driving positive change in our industry and
beyond."
EcoVadis is one of the world's largest and most comprehensive
sustainability rating systems. More than 100,000 companies globally
partner with EcoVadis to benchmark their sustainability performance
against international standards such as the Global Reporting
Initiative (GRI), the United Nations Global Compact, and ISO 26000.
The EcoVadis rating system enables customers, investors, and other
stakeholders to assess and compare the CSR performance of their
partners through a common platform, universal scorecard, and
performance improvement tools. Advancion invites its commercial
partners to request direct access to its 2024 EcoVadis assessment
as part of their supplier evaluation process.
ABOUT ADVANCION
Advancion, formerly ANGUS Chemical
Company, is a leading global producer of specialty ingredients and
consumables for biotechnology, pharmaceuticals, home, personal
care, and other consumer-oriented and industrial markets. The
Company is one of the world's largest producers of life sciences
buffers and other proprietary ingredients, providing
high-performance products, best-in-class quality and guaranteed
supply security for more than 80 years. Through Expression Systems,
an Advancion company, the Company produces innovative cell culture
media formulations, cell lines, molecular tools and reagents used
in the development and commercial manufacturing of advanced
therapies. Advancion operates three manufacturing facilities in the
U.S. and Germany and serves its
global customers through six regional Customer Application Centers
located in Chicago, Illinois;
Paris, France; São Paulo,
Brazil; Singapore; Shanghai,
China; and Mumbai, India.
The Company is privately owned by Ardian and Golden Gate Capital,
and is headquartered in Buffalo Grove,
Illinois. For more information, visit
advancionsciences.com.
Follow Advancion on LinkedIn.
FOR ADDITIONAL INFORMATION
Advancion Media
Relations
Scott C. Johnson
+1 847-808-3769
scjohnson@advancionsciences.com
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SOURCE Advancion Corporation