SUSTAINABLE FINANCE – LAYING THE FOUNDATIONS FOR FUTURE BUSINESS

Transforming the economy to make it more sustainable and mitigate climate change is a global challenge, and the steps taken by governments in many countries show that policymakers worldwide are taking the task seriously and making a clear effort to tackle this challenge. Investors, the capital markets, regulators, and financial supervisory authorities around the world are thus increasingly turning their attention to sustainable finance.

• A LOOK INTO SUSTAINABLE FINANCING FOR LAYING THE FOUNDATIONS FOR FUTURE BUSINESS
• DIFFERENT SUSTAINABLE FINANCE MODELS
• SIX REASONS IN FAVOR OF A SUSTAINABLE FINANCE APPROACH

The CHG-MERIDIAN Group has once again been awarded the prestigious EcoVadis silver rating in 2023, confirming its continuous and reliable sustainability management. The company scored particularly well in the environmental category. This puts CHG-MERIDIAN among the top 15 percent of companies assessed by EcoVadis.

For the EcoVadis rating, the four categories of environment, ethics, labor and human rights, and sustainable procurement are assessed annually and combined into an overall ranking. 2023, CHG-MERIDIAN again improved its overall rating and performed particularly well in the categorie environment.

This was due in particular to the increased number of measures taken to further reduce its carbon footprint, including the switch to electric cars as company cars and the use of packaging materials made from more environmentally friendly or biological substitutes. In addition, more comprehensive reporting as part of the sustainability report and participation in the Carbon Disclosure Project (CDP) contributed to an increase in the score.

In the other categories, the company was able to build on last year's successes and make further progress. For example, the successful certification of our management system in the area of information security in accordance with ISO 27701 for the DACH region or the integration of social and environmental clauses in selected supplier contracts were positively included in the rating.