Nagase Viita Co., Ltd. Receives Highest Sustainability Rating from EcoVadis

Author:

Nagase Viita Co., Ltd., a member of the NAGASE group based in Okayama, Japan, has been awarded the highest “Platinum” medal following a sustainability assessment conducted by EcoVadis SAS (France), one of the world’s most trustworthy providers of sustainability evaluations for global supply chains. The “Platinum” medal is awarded to companies that rank in the top 1% of all eligible businesses.

EcoVadis evaluates suppliers operating in over 180 countries and across more than 220 industry sectors, with assessment results encompassing over 130,000 companies. The organization performs objective evaluations and reviews of companies’ sustainability practices through independent studies and analyses, scoring their policies, measures, and results in four sustainability-related themes: Environment, Social and Human Rights, Ethics, and Responsible Purchasing. Nagase Viita previously received a gold medal in 2022 and a silver medal in 2023.

In the latest assessment, the company improved its scores in the areas of environmental policy and implementation measures, labor and human rights policy, as well as sustainable purchasing policy, actions, and results. Additionally, Nagase Viita was recognized for its “use of environmentally friendly or bio-based input materials,” which contributed to its attainment of the “Platinum” medal this time.

Nagase Viita is committed to the broader goal of contributing to the Sustainable Development Goals (SDGs) in order to achieve a sustainable society through its business activities. Encouraged by this Platinum medal recognition, Nagase Viita will continue to promote measures to address social issues, enhance its corporate value, and remain highly regarded by its stakeholders.

About Nagase Viita Co., Ltd.:
Originally established in 1883, Nagase Viita Co., Ltd. (formerly known as Hayashibara Co., Ltd.) began as a syrup manufacturer and over the years has become a pioneer in harnessing the potential of nature, specializing in products that utilize microorganisms and enzymes. Today, its portfolio encompasses a wide range of functional materials for sectors ranging from food to personal care, pharmaceuticals, industry, and agriculture.

On April 1, 2024, the company officially changed its name to Nagase Viita. The new name represents the collaborative synergy among NAGASE group entities dedicated to delivering innovative products and value propositions on a global scale.

For more details, please visit: https://group.nagase.com/viita/en/

Nagase Viita Co., Ltd., a member of the NAGASE group, operates in various industries, including food, personal care, pharmaceuticals, industry, and agriculture. The company was originally established in 1883 as Hayashibara Co., Ltd., a syrup manufacturer. Over the years, Nagase Viita has evolved into a pioneer in harnessing the potential of nature and specializes in products that utilize microorganisms and enzymes.

As a global supplier, Nagase Viita’s sustainability practices have been recognized by EcoVadis SAS, a renowned provider of sustainability evaluations for supply chains. EcoVadis assesses suppliers in over 180 countries and across more than 220 industry sectors, with their evaluation results covering more than 130,000 companies. Nagase Viita has been awarded the highest “Platinum” medal by EcoVadis, placing it in the top 1% of eligible businesses.

The assessment conducted by EcoVadis evaluates companies in four sustainability-related themes: Environment, Social and Human Rights, Ethics, and Responsible Purchasing. In the latest assessment, Nagase Viita improved its scores in the areas of environmental policy, labor and human rights policy, and sustainable purchasing policy. The company’s use of environmentally friendly or bio-based input materials also contributed to its recognition and attainment of the “Platinum” medal.

The industry in which Nagase Viita operates is dynamic and diverse, with a growing demand for sustainable and environmentally friendly products. The company’s dedication to addressing social issues and its commitment to the Sustainable Development Goals (SDGs) aligns with the global focus on sustainability.

Market forecasts indicate that the demand for functional materials, such as those offered by Nagase Viita, will continue to increase across various sectors. As consumers become more conscious of the environmental impact and ethical aspects of products, companies that prioritize sustainability will gain a competitive edge.

Issues related to the industry or product include the need for continuous innovation in developing sustainable solutions and addressing environmental challenges. Companies like Nagase Viita play a crucial role in driving industry-wide sustainability practices through their research and development efforts.

For more information about Nagase Viita and its range of products, please visit their website here.