BAUMANN Achieves Significant Improvement in 2024 EcoVadis Sustainability Rating

BAUMANN Achieves Significant Improvement in 2024 EcoVadis Sustainability Rating

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15.08.2024.

Ermenswil, 15th August 2024 - BAUMANN Springs Ltd., a global leader in the manufacturing of springs, stampings, and stamped-bent parts, is proud to announce a substantial improvement in its annual sustainability rating conducted by EcoVadis. In 2024, BAUMANN achieved a score of 49 points, reflecting a 40% increase compared to the previous year. This achievement underscores the company's ongoing commitment to enhancing its sustainability practices.

EcoVadis, a trusted global provider of business sustainability ratings, assesses companies across four key areas: environment, ethics, labor and human rights, and sustainable procurement. BAUMANN’s 2024 score of 49 points aligns closely with the average performance of all companies rated by EcoVadis. This score earned BAUMANN the "Committed Badge," a recognition of the company’s effective sustainability measures and progress. "We are very proud to have achieved the 'Committed Badge' from EcoVadis this year," said Dr. Matthias Würsten, Head of Strategy & Communications and Lead Group Sustainability at BAUMANN. "This significant improvement in our sustainability rating is a testament to the hard work and dedication of our team in advancing our sustainability initiatives. While we acknowledge there is still much room for improvement, this milestone confirms that we are on the right path and inspires us to continue striving for even better performance." BAUMANN has made considerable strides in areas such as environmental stewardship, ethical business conduct, labor practices, and sustainable procurement. Looking ahead, BAUMANN is committed to building on this momentum and further enhancing its sustainability efforts. For more information about BAUMANN’s sustainability efforts, please visit www.baumann-group.com. 

Contact:
Dr. Matthias Ch. Würsten
Head of Strategy & Communications
BAUMANN Springs Ltd.
Email: matthias.wuerstenbaumann-group.com

About BAUMANN:
BAUMANN is a global leader in the manufacturing of springs, stamps, and stamped-bent parts, serving the automotive, industrial, and medical sectors. With a commitment to excellence and innovation, BAUMANN continues to deliver high-quality products and solutions to customers worldwide. 

About the EcoVadis:
EcoVadis is a leading provider of business sustainability ratings, evaluating companies based on their performance in four key areas: environment, ethics, labor and human rights, and sustainable procurement. The EcoVadis rating system is trusted by companies around the world as a reliable measure of sustainability performance. 

Acknowledgments:
This press release was partially created with the assistance of ChatGPT, an AI language model developed by OpenAI. ChatGPT provided support in drafting and refining the content to ensure clarity and accuracy.