Alkagesta says it has received the EcoVadis Committed Badge in recognition of its approach to responsible and sustainable business across its international trading activities. In an announcement published on its website, the commodity trader presented the award as part of its efforts to incorporate responsible practices into its operations and as a basis for further improvement.
According to Alkagesta’s account, EcoVadis assesses business sustainability in four areas: the environment, labour and human rights, ethics, and sustainable procurement. The company described the process as evidence-based, examining corporate policies, reporting and transparency against internationally recognised sustainability standards. It said the badge reflected its performance against those criteria and offered a structure for continuing to improve its practices.
The announcement places the recognition alongside several existing environmental, social and governance commitments. These include ISCC and CORSIA certification relating to sustainable aviation fuel trading, as well as access to EU ETS allowances. Alkagesta also cited continuing investment in environmental research initiatives, naming the Clean Caspian startup as an example. It presented those activities together with the EcoVadis recognition as elements of its broader sustainability agenda.
Chief executive Orkhan Rustamov said the badge reflected work within Alkagesta to make responsible conduct part of the way the business operates each day, rather than treating it as a separate programme. He linked that approach to the company’s role in trading commodities important to the global economy, stressing its responsibility to conduct business with integrity and transparency.
Rustamov also characterised the recognition as a starting point for further progress, saying Alkagesta intended to keep improving in the areas covered by EcoVadis. The company’s announcement therefore emphasised both the practices recognised through the assessment and its stated intention to continue raising standards across the business.
Read the original announcement on Alkagesta.