The FLO Group’s company, ISAP Packaging, has been awarded the gold medal for the 2023 ESG rating, achieving high scores in the environmental, ethical, and human rights sectors.

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ESG Rating: Beyond Acronyms, a Concrete Commitment

ESG stands for Environmental, Social, and Governance, but it’s not just an acronym; rather, it’s a corporate philosophy indicating that every decision and action taken by the company is driven by the desire to have a positive impact on the environment, society, and corporate governance. In a world increasingly embracing sustainability, the ESG rating has become one of the primary tools to assess companies’ impact and guide them toward a responsible and conscious future. It is an evaluation system of a company’s performance in the three key areas of Environmental, Social, and Governance. Often used by investors, financial analysts, and other stakeholders, it assesses a company’s commitment to sustainability and social responsibility.

The Triumph of ISAP Packaging: ESG Gold Medal 2023

The FLO Group has embraced an ESG-focused corporate philosophy for years, integrating these principles into daily operations. This year, we decided to elevate our commitment by choosing to be assessed through Ecovadis, one of the world’s leading ESG rating platforms. Ecovadis employs a multi-criteria approach to evaluate a company’s performance, comparing it with industry standards and international guidelines to assign a final score. This score is associated with a medal, made available to buyers and interested stakeholders. In the case of ISAP Packaging, the company within the FLO Group, it has once again been awarded the gold medal for the 2023 ESG rating. This tangible recognition reflects our concrete efforts towards sustainability and corporate social responsibility, particularly in the environmental, human rights, and ethical practices sectors. This success motivates us to continue our commitment to responsible corporate management, with the goal of assessing the sustainability of our suppliers, contributing to creating a more sustainable supply chain.

In the FLO Group, we believe that sustainability is the engine for a better future, and we will continue to integrate responsible practices into all our operations.

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