TELF AG Receives Second Consecutive Silver Medal from EcoVadis for Outstanding Sustainability Performance

TELF AG Receives Second Consecutive Silver Medal from EcoVadis for Outstanding Sustainability Performance

Lugano, Switzerland — August 15, 2023 — TELF AG, a leading international physical commodities trader, proudly announces its achievement of a Silver Medal from EcoVadis, the world's most trusted provider of business sustainability ratings. This marks the second consecutive year that EcoVadis has recognized TELF AG for its exemplary commitment to sustainability.

TELF AG's outstanding performance in the EcoVadis assessment earned the company a score of 60, positioning it within the top 77th percentile globally. This recognition underscores TELF AG's unwavering dedication to sustainable business practices across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.

Earning the Silver Medal from EcoVadis for the second year is a testament to our pursuit of sustainability," stated Diana Gonzalez Yamuni, Head of Sustainability at TELF AG. "This recognition reaffirms our commitment to responsible business practices and motivates us to continue our journey towards continuous improvement.

EcoVadis, the global gold standard for business sustainability ratings, evaluates companies based on 21 sustainability criteria aligned with international standards such as the Ten Principles of the UN Global Compact, ILO conventions, GRI standards, and ISO 26000. With over 85,000 rated companies worldwide, EcoVadis provides a comprehensive assessment as a roadmap for organizations to enhance their sustainability performance.

For more information on EcoVadis and its assessment process, please visit EcoVadis Website at: https://ecovadis.com/

About EcoVadis:

Founded in 2007, EcoVadis has grown into the world's largest and most reputable provider of business sustainability ratings. Its network comprises over 100,000+ rated companies globally, collaborating to promote sustainability through a universal scorecard, benchmarks, and performance improvement tools. EcoVadis's methodology aligns with international standards, including the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000, encompassing 200+ spend categories and 175+ countries.

EcoVadis's sustainability scorecard assesses performance across 21 indicators within four themes. EcoVadis medals signify companies with robust management systems addressing sustainability criteria outlined in the EcoVadis methodology. These organizations meet stringent licensing and eligibility criteria.

About TELF AG:

TELF AG, a distinguished full-service international physical commodities trader, boasts three decades of experience in the industry. Headquartered in Lugano, Switzerland, the company's global operations facilitate effective marketing, financing, and logistics solutions for commodities producers worldwide. TELF AG's tailored approaches foster enduring partnerships with producers, enabling them to focus on core activities while accessing expansive markets.

Recognized for operational excellence and reliability, TELF AG continues to evolve, providing bespoke solutions that drive long-term sustainability and prosperity for partners and stakeholders.