UL Solutions Earns Platinum Medal from EcoVadis for Sustainability Performance | ULS Stock News

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3 days ago
  • UL Solutions (ULS, Financial) has achieved the EcoVadis Platinum Medal, placing it in the top 1% of over 150,000 companies rated globally.
  • The company improved from a Silver rating to Platinum, reflecting significant advancement in sustainability performance.
  • EcoVadis evaluates companies across 21 criteria within environment, labor rights, ethics, and procurement.

UL Solutions Inc. (ULS), a global leader in applied safety science, has achieved a significant milestone by earning the EcoVadis Platinum Medal for sustainability performance. This prestigious recognition places the company in the top 1% of the over 150,000 companies assessed by EcoVadis worldwide over the past year. The achievement showcases UL Solutions' dedication to enhancing its sustainability management and reporting practices.

This advancement from Silver to Platinum rating demonstrates UL Solutions' commitment to corporate sustainability, skipping the Gold tier entirely. The EcoVadis assessment considers 21 sustainability criteria across four core themes: environment, labor and human rights, ethics, and sustainable procurement. These assessments are underpinned by internationally recognized standards such as the Ten Principles of the UN Global Compact, ILO conventions, GRI standards, and ISO 26000.

Gitte Schjøtz, Executive Vice President and Chief Operations and Sustainability Officer at UL Solutions, remarked on the accomplishment, emphasizing the company's mission for a safer, more secure, and sustainable world. This accreditation verifies their accountability for continuous improvement and transparency throughout their value chain.

As a global entity, UL Solutions (ULS, Financial) transforms safety, security, and sustainability challenges into opportunities, supporting customers in over 110 countries with a wide array of services, including testing, inspection, certification, software products, and advisory services. The UL Mark remains a symbol of trust and commitment to advancing safety missions across various sectors.

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