19/11/2021 – “Eco Vadis”: Corporate Social Responsibility platform
Condat receives the “Platinum Medal Eco Vadis”
Condat, an international specialist in industrial lubricants for more than 165 years, has been awarded “Platinum” on the Eco Vadis Corporate Social Responsibility (CSR) platform and is now one of the top 1% of the best rated companies in the world by Eco Vadis.
Initiated several decades ago, Condat's responsible commitment is based on one of the Group's core values: Build to last. Guided by this historical value, the company has been pursuing a long-term strategy since 1854 that contributes greatly to its longevity. Condat is thus one of the precursors of the development of industrial lubricants with reduced environmental impact, and launched more than 20 years ago its first biodegradable lubricants. Anchored in strong human values, the family group is structured around an assertive social policy.
In 2018, Condat went further in its CSR approach by joining the international “Eco Vadis” platform. Its CSR performance is evaluated each year by an independent body according to 21 criteria divided into 4 themes: Environment – HR and Human Rights – Business Ethics – Responsible Purchasing. These CSR assessments are based on authentic evidence and are internationally recognised. Initially silver, Condat progresses until obtaining in October 2021 the “Platinum” level, the highest distinction awarded by Eco Vadis.
The company's objective is to reduce its ecological footprint and guide its organisation towards sustainable value creation that takes into account social and environmental issues. It integrates, among other things, the Sustainable Development Goals at each stage of the life of its products, as evidenced by its unique system of self-evaluation of its eco-designed offer: the “Lubriscore”. Condat also wants to influence its entire value chain, and relies on a collective of women and men involved to support customers and partners towards responsible performance, in a spirit of co-development.
An award for the entire Condat Group
The Platinum medal was awarded by Eco Vadis to all the subsidiaries of the Condat Group. Although the group has existed in France since 1854 , it has gradually developed internationally to promote proximity to its customers, with locations in the United States, China and Brazil. Later, the group expanded its scope of activities into the Health-Beauty market, through laboratories specialising in the manufacture and distribution of organic and natural products (Laboratoires BEA and Sicobel) which today offer different ranges of cosmetic products (Brands BcomBio, Placentor...) and other products (Brands Green Tribu, Solens ...) dedicated to well-being through a varied offer open to the greatest number.