AdvanSix Awarded Third Consecutive Platinum Rating for Corporate Social Responsibility From EcoVadis
22 Abril 2024 - 5:20PM
Business Wire
The Company was also recognized by CDP for its
environmental management practices
AdvanSix (NYSE: ASIX) has been recognized with its third
consecutive Platinum rating by EcoVadis, an independent corporate
social responsibility assessment agency. The Platinum rating is
EcoVadis’ highest rating and puts the company in the top one
percent of all companies assessed.
“Earning three consecutive, world-leading Platinum ratings from
EcoVadis is a compelling recognition of the hard work and
achievements of our AdvanSix teammates, who embed responsible and
sustainable business practices into delivering for our customers,
communities and our stakeholders every day,” said Erin Kane,
President and CEO of AdvanSix.
Established in 2007, EcoVadis evaluates corporate sustainability
performance in the areas of Environment, Labor & Human Rights,
Ethics, and Sustainable Procurement. Its corporate social
responsibility (CSR) assessment methodology is based on
international sustainability standards and covers more than 220
spend categories and over 180 countries.
In addition, the Company was again rated on its climate and
water security practices by CDP, a global non-profit that operates
the leading environmental disclosure platform. The Company was
recognized in the top “Leadership” category with an “A-” rating for
its water security submission, reflecting environmental leadership
for water stewardship. CDP also maintained its “B” rating on the
Company’s climate change submission, which indicates the Company
has addressed the environmental impacts of its business and ensures
good environmental management practices.
“Being a responsible corporate citizen is our license to operate
and to be consistently recognized for our progress and efforts in
this space is an honor,” said Achilles Kintiroglou, Senior Vice
President, General Counsel and Corporate Secretary at AdvanSix.
“These recognitions reflect the progress we’ve made in our
environmental performance and underscore our commitment to
operating with the utmost integrity and transparency.”
AdvanSix’s priority is to ensure safe, stable and sustainable
operations through best-in-class performance. To learn more about
AdvanSix’s commitment to sustainability and access the most recent
Sustainability Report, visit:
https://www.advansix.com/sustainability.
About AdvanSix
AdvanSix is a diversified chemistry company that produces
essential materials for our customers in a wide variety of end
markets and applications that touch people’s lives. Our integrated
value chain of our five U.S.-based manufacturing facilities plays a
critical role in global supply chains and enables us to innovate
and deliver essential products for our customers across building
and construction, fertilizers, agrochemicals, plastics, solvents,
packaging, paints, coatings, adhesives, electronics and other end
markets. Guided by our core values of Safety, Integrity,
Accountability and Respect, AdvanSix strives to deliver
best-in-class customer experiences and differentiated products in
the industries of nylon solutions, plant nutrients, and chemical
intermediates. More information on AdvanSix can be found at
https://www.advansix.com.
Forward Looking Statements
This release contains certain statements that may be deemed
“forward-looking statements” within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended. All statements,
other than statements of historical fact, that address activities,
events or developments that our management intends, expects,
projects, believes or anticipates will or may occur in the future
are forward-looking statements. Forward-looking statements may be
identified by words such as “expect,” “anticipate,” “estimate,”
“outlook,” “project,” “strategy,” “intend,” “plan,” “target,”
“goal,” “may,” “will,” “should” and “believe” and other variations
or similar terminology and expressions. Although we believe
forward-looking statements are based upon reasonable assumptions,
such statements involve known and unknown risks, uncertainties and
other factors, many of which are beyond our control and difficult
to predict, which may cause the actual results or performance of
the Company to be materially different from any future results or
performance expressed or implied by such forward-looking
statements. Such risks and uncertainties include, but are not
limited to: general economic and financial conditions in the U.S.
and globally; the potential effects of inflationary pressures,
labor market shortages and supply chain issues; instability or
volatility in financial markets or other unfavorable economic or
business conditions caused by geopolitical concerns, including as a
result of the conflict between Russia and Ukraine, the conflict in
Israel and Gaza, and the possible expansion of such conflicts; the
effect of the foregoing on our customers’ demand for our products
and our suppliers’ ability to manufacture and deliver our raw
materials, including implications of reduced refinery utilization
in the U.S.; our ability to sell and provide our goods and
services; the ability of our customers to pay for our products; any
closures of our and our customers’ offices and facilities; risks
associated with increased phishing, compromised business emails and
other cybersecurity attacks, data privacy incidents and disruptions
to our technology infrastructure; risks associated with operating
with a reduced workforce; risks associated with our indebtedness
including compliance with financial and restrictive covenants, and
our ability to access capital on reasonable terms, at a reasonable
cost, or at all, due to economic conditions or otherwise; the
impact of scheduled turnarounds and significant unplanned downtime
and interruptions of production or logistics operations as a result
of mechanical issues or other unanticipated events such as fires,
severe weather conditions, natural disasters, pandemics and
geopolitical conflicts and related events; price fluctuations, cost
increases and supply of raw materials; our operations and growth
projects requiring substantial capital; growth rates and
cyclicality of the industries we serve including global changes in
supply and demand; failure to develop and commercialize new
products or technologies; loss of significant customer
relationships; adverse trade and tax policies; extensive
environmental, health and safety laws that apply to our operations;
hazards associated with chemical manufacturing, storage and
transportation; litigation associated with chemical manufacturing
and our business operations generally; inability to acquire and
integrate businesses, assets, products or technologies; protection
of our intellectual property and proprietary information; prolonged
work stoppages as a result of labor difficulties or otherwise;
failure to maintain effective internal controls; our ability to
declare and pay quarterly cash dividends and the amounts and timing
of any future dividends; our ability to repurchase our common stock
and the amount and timing of any future repurchases; disruptions in
supply chain, transportation and logistics; potential for
uncertainty regarding qualification for tax treatment of our
spin-off; fluctuations in our stock price; and changes in laws or
regulations applicable to our business. You are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this release. Such forward-looking
statements are not guarantees of future performance, and actual
results, developments and business decisions may differ from those
envisaged by such forward-looking statements. We identify the
principal risks and uncertainties that affect our performance in
our filings with the Securities and Exchange Commission (SEC),
including the risk factors in Part 1, Item 1A of our Annual Report
on Form 10-K for the year ended December 31, 2023, as updated in
subsequent reports filed with the SEC.
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version on businesswire.com: https://www.businesswire.com/news/home/20240422136029/en/
Media Janeen Lawlor (973) 526-1615
janeen.lawlor@advansix.com Investors Adam Kressel (973)
526-1700 adam.kressel@advansix.com
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