Colt Technology Services receives high rating for sustainability

Colt Technology Services receives high rating for sustainability

 October 31, 2023

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Colt Technology Services is a sustainability-focused employer, and its General Counsel, Caroline Griffin Pain, discusses how Environmental, Social and Governance (ESG) is a foundation for the values that Colt lives by. She discusses how Colt has been awarded a Platinum rating from EcoVadis, for the second consecutive year in recognition of the company's outstanding ESG performance.

“ESG is the foundation of the values we live by at Colt – we use our voice to champion change across the industry at every opportunity. Achieving the EcoVadis Platinum rating for the second year in a row recognises this mission and spotlights the progress we’re making. There’s still much to do, but this gives us a moment to reflect on how far we’ve come,” commented Caroline [pictured below].

COLT Caroline Griffin Pain

Making the world a better place

Colt Technology Services Caroline Griffin Pain

The prestigious Platinum rating – awarded to just 1 percent of global companies and the highest possible EcoVadis rating – recognizes Colt Technology Services' continuing commitment to its ambitious ESG (Environmental, Social and Governance) targets.

CEO of Colt Technology Services, Keri Gilder [pictured above], said: “This is a really proud moment for us: achieving Platinum rating from EcoVadis for one year is fantastic, but to retain this for two consecutive years is remarkable. It’s testament to the incredible work we’re carrying out across the business to make the world a better place for our Colties, our customers and our partners, like switching off our legacy services and giving businesses access to a more sustainable, cutting-edge digital infrastructure, ensuring a superior and more reliable experience.”

Benchmarking sustainability performance

This year’s ranking positions Colt Technology Services in the 99th centile, with an overall score of 79 out of 100, an increase from 75 in 2022. This score is based on ratings for action and commitment in environment, labor and human rights, ethics and sustainable procurement. Specifically in sustainable procurement, the score has risen ten points following a successful ongoing program to build sustainability into critical business processes: for example, more than 70 percent of Colt suppliers are engaged on ESG topics.

EcoVadis partners with more than 110,000 companies from over 200 industries across 175 countries to deliver the world’s most credible, trusted sustainability ratings. The group is a globally recognized business sustainability rating provider that companies use to assess and improve their sustainability performance, manage their partnering network both up- and downstream, as well as benchmark their sustainability achievements against other companies.

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