(AOF) – Quadient, the French company specializing in logistics equipment and mail processing, announces that it will remain in the Global 100 ranking of Corporate Knights, listing the 100 most sustainable companies in the world. For the second consecutive year, Quadient stands out for its Corporate Social Responsibility (CSR) strategy, and obtains 75th place in the 19th edition of the annual ranking published by the international research organization on sustainable trade.
The Global 100 ranking is based on an in-depth assessment of 6,720 publicly traded companies with revenues over $1 billion. As part of its assessment, Corporate Knights established its ranking after a careful examination of 25 key performance indicators, which are more demanding from year to year, covering sustainability, resource management, employee management as well as financial performance, in particular the share of sustainable income in turnover.
In addition to its presence among the 100 most sustainable companies in the world, all sectors combined, Quadient is one of the seven French companies listed, and is part of the 2% most efficient companies in its sector of activity. Quadient has also improved its score in this leading international ranking, from 51.30% in 2022 to 52.32% this year.
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German autonomy not so simple
China has been Germany’s leading economic partner for six years. However, across the Rhine, companies are called upon to reduce their heavy dependence on the Asian giant due to a rise in geopolitical tensions with the country. In this context, the powerful VDMA points out the importance of the Chinese market and the danger that a too sudden termination of ties with China would represent. The country is, in fact, the second export market and the first investment destination for German mechanical and industrial engineering. The federation nevertheless recognizes the need to diversify the trading partners of the German economy.