BIC announces it has been recognized with two new distinctions for its corporate ESG initiatives and sustainable business development.
Specifically, BIC achieved the “Prime” ISS ESG Corporate rating, fulfilling the holistic sustainability performance requirements based on an analysis of more than 100 sector-specific ESG factors, judged against industry peers. In addition, BIC has been included on Axylia’s 2022 Verité 40 (Truth Index 40), affirming the Company’s ability to cover its “CO2 bill” and continue to create sustainable value.
“We are honored to have such respected institutions acknowledge our advancements as we continue to innovate long-lasting products for our consumers with the planet, society and future generations in mind.” said Gonzalve Bich, BIC Chief Executive Officer. “These distinctions give us further confidence we are on the right path and empower us to go even further in fulfilling our mission to bring simplicity and joy to everyday life, responsibly and sustainably.”
See related articles: Consumers More Likely to Buy Goods With Clearer Recycling Directions as DS Smith Reveals Its Top 12 Hard-to-Recycle Items, Vista Outdoor Named by Investor’s Business Daily as Top 3 ESG Company in Consumer Goods
BIC’s approach to sustainability is deeply rooted in the Company’s values and has been a cornerstone of day-to-day operations for over 70 years. In 2018, the Company reinforced its commitment to sustainable development by establishing Writing The Future, Together, a forward looking, global program underpinned by five major commitments. These commitments that guide corporate decision making, were recently strengthened by the Company’s GHG emission reduction targets, membership in the United Nations Global Compact, and ESG share buyback program.
Source: BIC