Objectively applying the 71 transparency criteria for the ESG report during our “Transparency Awards” process, Ecolab won best ESG Report this year. Here’s their 2023 Growth & Impact Report.
Bearing in mind again that the criteria are objectively applied, here are five reasons – among many others – why the company’s ESG report is so fine:
- The description of impact was front and center in the introductory “Our Approach section,” as well as woven throughout the report – with an appropriate level of detail provided on material topics. For Ecolab, as one might expect, water is at the forefront of the company’s impact.
- These year-over-year employee engagement survey results include five years worth of survey response data:
3. Goals are clearly articulated, including a description of the company’s progress to date. An overview of stakeholder impact and operational goals is shared near the beginning of the report. There is this progress summary of the “2030 Customer Impact” and “2030 Operational Impact” goals a few pages later:
4. There is a discussion of how ESG aligns with the company’s mission, vision, purpose.
5. The company’s emissions goals are clear with disclosure provided about the path to net zero. Ecolab is transparent about paths to achieving key goals, including both a water impact glide path and emissions target glide path, including this glide path graphic:
