July 2, 2024 - This places the company in the top 35% of assessed businesses for sustainability performance and above the industry average.
EcoVadis is a sustainability assessment platform designed to help companies measure and improve their sustainability performance. The company also enables the comparison and evaluation of sustainability practices among business partners and suppliers. EcoVadis assesses organisational performance based on numerous criteria, including respect for human rights, reduction of environmental impacts, and ethical business conduct across areas such as environmental protection and sustainable procurement.
Lightware’s first Sustainability Report sets out the company's comprehensive approach to integrating responsibility and sustainability across all aspects of its operations. This includes investment in energy-efficient office solutions, waste reduction practices, and the design of energy-efficient products.
Sustaining Our Commitment to the Environment
For example, Lightware’s commitment to environmental sustainability has already seen the implementation of in-house design and manufacturing processes to reduce its carbon footprint, the minimisation of product packaging and a consolidated delivery process to save fuel. In addition, company employees are encouraged to work from home to reduce the number of work-related journeys and use green transport options, including electric carsharing, which is part of employees’ salary package.
Lightware also plans to install a rooftop solar park at its new headquarters, allowing it to place greater emphasis on environmental protection, corporate environmental awareness and responsible business practices. In addition, the company is heavily focused on creating ethical workplace practices and culture, focusing on employee rights and development while also reflecting its commitment to environmental stewardship and social responsibility.
Looking further ahead, the company plans to extend its Environmental, Social and Governance (ESG) activities to include formal UN Global Compact membership alongside deeper collaboration with suppliers and customers to promote sustainable practices throughout its entire supply chain. This will be supported by an ongoing commitment to sustainability awareness training for employees and the development of a company-wide volunteering programme – all of which will be driven by ESG Working Groups.
“We are delighted to have been awarded the EcoVadis Bronze sustainability rating, which represents an important milestone as we deliver on our ESG objectives,” said Gergely Vida - CEO of Lightware “Lightware is also committed to continuous improvement, and we look forward to working with all our stakeholders to further enhance our practices and make a positive contribution to a more sustainable business ecosystem.”
