In May 2017, Ahlstrom-Munksjö earned a Gold rating from EcoVadis, a collaborative platform that provides sustainability evaluation and rating for global supply chains.

This year, Ahlstrom-Munksjö also joined the United Nations Global Compact. As a signatory, the company is dedicated to responsible practices from the highest level of leadership to the most local concern in a supply chain or at a production site. "We have a strong commitment to sustainabilty and seek to ensure that the fibers, chemicals, and other inputs are ethically and responsibly sourced. We work to create innovative products that provide high performance and sustainability benefits for our customers," according to the report.

In 2018, the company commits to provide the resources, training, and support to production sites to help them implement our company-wide targets in their local context. It plans to finalise the rollout of its data collection system and automate monitoring where possible to better track our performance and make improvements in real time. Over time, it will refine its targets to ensure the sites continue to support the business success while contributing to positive social and environmental outcomes, the report stated.

"During the year, the Ahlstrom-Munksjö board of directors approved the new company’s first Sustainability Policy where we formalized our commitment to people, our planet and shared prosperity by identifying nine priority areas for tracking and improving the company’s sustainability performance over time. By joining the United Nations Global Compact initiative, Ahlstrom-Munksjö also committed to internationally recognized standards for responsible business practices. To meet customer demands and succeed," said Jan Astrom, president and CEO, Ahlstrom-Munksjö.

Fibre2Fashion News Desk – India