
STA Earns ‘Gold’ Rating from EcoVadis, ranking in the Top 5% of Highest-Scoring Companies Globally, Reaffirming ESG Success with Global Sustainability Standards
Sri Trang Agro-Industry Public Company Limited (STA) has elevated sustainability practices, achieving a higher global sustainability rating, moving from Silver to Gold, and placing in the top 5% of the highest-scoring companies worldwide. This recognition comes from EcoVadis, a globally recognized sustainability ratings provider for business supply chains.
Mr. Veerasith Sinchareonkul, CEO and Executive Director of Sri Trang Agro-Industry Public Company Limited (STA), the world’s largest fully integrated natural rubber business and Thailand’s leading rubber glove manufacturer, emphasized that sustainability, particularly ESG, has become a global business priority. This aligns with Sri Trang Group’s long-standing commitment to sustainable operations across all dimensions Environmental, Social, and Governance (ESG) under the “The Green Rubber Company” strategy. The company prioritizes every stage, from sourcing raw materials to production and delivering traceable products, while ensuring comprehensive consideration for all stakeholders, including employees, customers, shareholders, rubber farmers, partners, and communities throughout the value chain. As a result, STA has earned numerous international certifications and awards for its commitment to these standards.
Most recently, in August, the company was awarded a Gold rating for sustainability, placing in the top 5% of over 130,000 companies globally, spanning more than 220 industries and over 180 countries. This recognition comes from EcoVadis, the world’s most trusted provider of business sustainability ratings, which uses a comprehensive evaluation methodology to assess the quality of ESG management systems. The assessment covers three key aspects 1) Policies 2) Actions and 3) Results across four main areas 1) Environment 2) Labor & Human Rights 3) Ethics and 4) Sustainable Procurement. This certification reflects the strength of the company's sustainability management system and demonstrates commitment to promoting transparency throughout the value chain.
The company takes great pride in receiving a higher sustainability rating from EcoVadis, which will enable us to better meet the needs of our partners who prioritize sustainable business practices and exceed stakeholder expectations. Many companies worldwide use this assessment data to inform their purchasing decisions, and this achievement highlights Sri Trang Group's recognition as a leader in fostering social responsibility, ethics, environmental stewardship, and sustainability management at an international standard," said Mr. Veerasith.