Cesco Wins Gold in EcoVadis ESG Rating, Ranking in Top 5%

EcoVadis Gold Medal Awarded Compliance Framework Established in Ethics Category Safe and Healthy Working Environment Built for Employees

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CESCO earned a Gold Medal from global sustainability rating agency EcoVadis, awarded to the top 5% of companies worldwide. Photo courtesy of CESCO - Seoul Economic Daily Finance News from South Korea
CESCO earned a Gold Medal from global sustainability rating agency EcoVadis, awarded to the top 5% of companies worldwide. Photo courtesy of CESCO

Cesco, an environmental hygiene and pest control company, has earned a top 5% rating from a global ESG assessment platform, capping efforts to adopt ESG management that began in 2021.

The company said on the 24th that it received a Gold Medal in the sustainability assessment by EcoVadis, the world's largest supply-chain ESG rating platform, an honor given to companies ranking in the top 5% globally.

Headquartered in Paris, EcoVadis is a supply-chain ESG rating platform involving more than 150,000 companies across about 180 countries. It conducts in-depth reviews across four core areas — environment, labor and human rights, ethics, and sustainable procurement — and assigns Platinum (top 1%), Gold (top 5%), Silver (top 15%) and Bronze (top 35%) ratings. Cesco moved up to a Gold Medal within a year, after earning a Silver Medal last year.

Cesco recorded consistently high scores across all assessment areas. In the ethics category this year, it established a rigorous compliance framework based on ISO 37001 and ISO 37301. It also earned strong marks in the labor and human rights category by strengthening the institutional foundation for ensuring employee safety and building a healthy working environment. The company's establishment of a sustainable procurement system — introducing ESG training and regular assessments not only for itself but also for major suppliers — was another key factor.

Cesco has worked to adopt ESG management since 2021, beginning with certifications for ISO 14001 (environmental management systems) and ISO 45001 (occupational health and safety management systems). It became the first in its industry to publish a sustainability report and complete third-party verification, building a thorough compliance and risk management system. This year, the company embedded the U.N. Sustainable Development Goals (SDGs) throughout its management by joining the U.N. Global Compact, the world's largest initiative under the United Nations.

A Cesco official said the Gold rating from EcoVadis was "the result of efforts by all employees to cultivate and embed ESG values, beyond providing living-environment hygiene solutions based on advanced science and technology." The official added, "Having met the supply-chain sustainability standards required by the global market, we will further strengthen our competitiveness in domestic and overseas B2B business and establish ourselves as the most trusted and sustainable partner for customers and society."

Original reporting by Ryu Seok for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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