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Tag: Siegwerk

Siegwerk achieves Silver EcoVadis Medal

Siegwerk achieves Silver EcoVadis Medal

Siegwerk, one of the leading global providers of printing inks and coatings for packaging applications and labels, has received the EcoVadis Silver Medal rating across all business units and regions. Siegwerk’s overall score is considered in the top 15 percent of companies in the manufacture of paints, varnishes and similar coatings, printing ink and mastics industry. This puts Siegwerk in a leading position with regards to sustainable business practices and solutions across the inks and coatings industry.

EcoVadis, with over 90,000 rated companies in its network, is the most trusted independent provider of business sustainability ratings. Given its prestige and reputation among suppliers and customers, a silver rating is an achievement for Siegwerk. The EcoVadis methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact and the ISO2600, covering 200 industries and more than 160 countries.

The EcoVadis assessment notes a particular strength in Siegwerk’s environmental performance. This is driven from the company’s strong sustainability management systems, emissions reductions targets, and circular packaging solutions developed and sold in the market.

The rating reflects the ambition Siegwerk sets in its 2025 sustainability initiative HorizonNOW. By 2025, seven ambitious targets are to be achieved, including carbon neutral scope 1 and 2 emissions, and achieving 75 percent of sales from products and services enabling circular packaging. HorizonNOW, with its clear targets is aligned with the UN Sustainable Development Goals. Siegwerk regards the EcoVadis score as an important benchmark to continue building on.

The Silver Medal is a testimony to the effort and focus we have put on building a leading role in the realm of sustainable business practices in the inks and coatings industry. And we are proud of what the organization has achieved – while still striving for ever-increasing sustainability in our operations and with our up- and downstream value chain partners,” said Alina Marm, Siegwerk’s Global Head of Sustainability and Circular Economy.

Siegwerk India wins awards at IFCA Awards 2021

Siegwerk India wins two IFCA Star Awards for Innovation

Siegwerk, one of the leading global providers of printing inks and coatings for packaging applications, was honoured at the IFCA Star Awards 2021 for its innovative breakthrough in the flexible packaging ecosystem. IFCA (Indian Flexible Packaging and Folding Carton Manufacturers Association) is a nationally eminent organization with members from prominent ink suppliers, converters, and brand owners in India. The Award ceremony was held in New Delhi while adhering to the government laid Covid safety protocols.

The flagship award ceremony is a prestigious industry recognition event, where hundreds of new technologies and products are nominated across numerous award categories, with participation from the best of the flexible packaging industry. Siegwerk India was awarded for 2 of its best-in-class products at the event for their Innovation. The Food safe, novel Glow in the Dark inks for product differentiation and the NC free inks for pharmaceutical packaging applications, has won the IFCA star awards post scrutiny by a national panel of industry experts. The nominations from across the value chain in flexible packaging were evaluated by the panel of experts and these two were chosen as the best in raw materials under the innovation/creativity category

Mr. Ramakrishna Karanth, CEO, Siegwerk India said, “It is a distinct honour to be recognized by IFCA and the flexible packaging industry for our new products. With IFCA 2021 observing an intense competition, this is a welcome recognition of our efforts and a delightful way to end 2021. We are looking forward to delivering more innovation backed disruptive solutions to the national and global packaging industries in 2022”. Dr. N. Ramasubramanian, Head of Technology, Flexible packaging and Mr. Sughosh Bhore, Senior Manager, Siegwerk India received the award at the ceremony.