Ingevity achieves top-quartile recognition in 2021 Corporate Sustainability Assessment, increases overall rating
NORTH CHARLESTON, S.C.–(BUSINESS WIRE)–#CSA–Ingevity Corporation (NYSE:NGVT) today announced that it has received an industry-wide, top-quartile rating for sustainability by the 2021 S&P Global Corporate Sustainability Assessment (CSA), an advancement in the company’s overall rating due in large part to a significant increase in its environmental score. The CSA is an independent evaluation of corporate environmental, social and governance (ESG) practices widely used to benchmark performance on industry-specific sustainability criteria.
“I am immensely proud of the work our team is doing to advance Ingevity’s ESG goals, and excited to see that progress acknowledged with increases in our CSA ratings,” said John Fortson, Ingevity’s president and CEO. “While we have a strong reputation for creating products and technologies that provide sustainability solutions for our customers, the CSA report also recognizes our continuing efforts to create a culture and way of working at Ingevity that is increasingly rooted in and guided by our ESG principles.”
Established in 1999, the CSA has become the basis for numerous ESG indices over the last two decades. The CSA applies a best-in-class approach, comparing companies across 61 industries. On the basis of their performance, companies receive rankings for approximately 20 financially relevant sustainability criteria across economic, environmental and social dimensions.
Ingevity publishes an annual sustainability report that details the company’s progress toward ESG goals, provides an overview of sustainability initiatives, metrics and certifications and outlines its framework of management practices. To learn more about Ingevity’s purpose to purify, protect and enhance the world and view its sustainability report, please visit: www.ingevity.com/about/sustainability.
Ingevity: Purify, Protect and Enhance
Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in two reporting segments: Performance Chemicals, which includes specialty chemicals and engineered polymers, and Performance Materials, which includes high-performance activated carbon. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks, coatings, elastomers, bioplastics and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,850 people. The company is traded on the New York Stock Exchange (NYSE:NGVT). For more information visit www.ingevity.com