With a score of 84 out of 100 – the best among the inaugural companies – the Trucost SDG Evaluation tool classifies 100 percent of ROCKWOOL Group’s revenue to be SDG positive.
Anthony Abbotts, Director of Sustainability at ROCKWOOL Group comments, “We are proud to be recognised by Trucost for our proactive approach to the SDGs by achieving the highest SDG impact score amongst all pilot companies with 100 percent of our products classified as SDG positive.”
Through our products and services, high rate of employment creation and charitable activities, we have been evaluated to contribute most significantly to Climate Action (SDG 13), Affordable and Clean Energy (SDG 7) and Decent Work and Economic Growth (SDG 8).
Anthony Abbotts adds, “We strongly believe that companies should focus on product impacts in addition to mitigating any negative impacts from their operations in relation to the SDGs. It is through the impact of our products that we can make a big difference. For example, over their lifetime, our technical insulation products save thousands of times more energy and CO2 than is consumed or emitted from their raw material extraction, transport and production.”
Evaluating our SDG efforts
Released today, the Trucost SDG Evaluation tool provides a quantitative analysis of a company’s performance on the SDGs across the value chain within its geographic operations. It provides a framework for evaluating both the positive impact and the potential for or actual negative impact of a company on the SDGs ¬– or what the tool calls ‘SDG risk’. Our SDG risk profile is typical for the manufacturing industry and our mitigation activities are broadly targeted across the value chain – addressing operations, supply chain and downstream customers.
We adopted the SDGs as a framework aimed at converting sustainable development challenges into business opportunities through our innovative products, solutions and partnerships. The results from the Trucost SDG Evaluation Tool are a clear indication of ROCKWOOL Group’s positive impact and that businesses can achieve growth while contributing to a more sustainable world.