Coriant Awarded Gold Rating in EcoVadis Sustainability Survey

Coriant Ranked Among Top 5% of Global Companies Evaluated on Sustainability Performance and Corporate Social Responsibility

MUNICH--(BUSINESS WIRE)-- Coriant, a global supplier of SDN-enabled end-to-end packet optical networking solutions, today announced that it has been awarded Gold level recognition by EcoVadis, an independent rating agency specialized in the evaluation of Corporate Social Responsibility (CSR), including sustainable development and performance monitoring of suppliers. This achievement places Coriant among the top 5% of all companies evaluated by EcoVadis.

“The Gold Award from EcoVadis reaffirms Coriant’s commitment to social and environmentally-responsible business practices, including sustainability performance of our global supply chain,” said Peter Streit, Executive Vice President, Delivery Operations, Coriant. “This achievement further reflects the hard work and dedication of employees across Coriant’s global operations, and demonstrates to our customers our unwavering focus on increasing the sustainable performance of our best-in-class packet optical transport Data Center Interconnect (DCI) solutions.”

The EcoVadis rating methodology is at the core of its CSR analysis system, which covers 21 criteria across four themes of environment, fair labor practices, ethics/fair business practices, and supply chain. The methodology is built on international CSR standards including the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000, covering 150 spend categories and 140 countries.

About EcoVadisEcoVadis is the first collaborative platform providing sustainability ratings and performance improvement tools for global supply chains. EcoVadis’ easy-to-use CSR scorecards help companies to monitor suppliers’ environmental, business ethics, and social practices across 150 purchasing categories and 110 countries. Over 120 industry leaders such as Verizon, NS, Sanofi, Nestle, Air France-KLM, Renault-Nissan, ING Bank, Schneider Electric, Heineken, Johnson & Johnson, Societe Generale, and Nokia use EcoVadis to reduce risk, drive innovation and foster transparency and trust among over 25,000 trading partners. More at http://www.ecovadis.com.

About CoriantCoriant delivers innovative, dynamic networking solutions for a fast-changing and cloud-centric business world. The Coriant portfolio of SDN-enabled, edge-to-core transport solutions enables network operators to reduce operational complexity, improve utilization of multi-layer network resources, and create new revenue opportunities. Coriant serves leading network operators around the world, including mobile and fixed line service providers, cloud and data center operators, content providers, cable MSOs, large enterprises, government agencies, financial institutions, and utility companies. With a distinguished heritage of technology innovation and service excellence, forged by over 35 years of experience and expertise in Tier 1 carrier networks, Coriant is helping its global customers maximize the value of their network infrastructure as demand for bandwidth explodes and the communications needs of businesses and consumers continue to evolve. Learn more at www.coriant.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160817005149/en/

Media Contacts
Coriant
Scott Larson, +1.978.250.3433
[email protected]

Source: Coriant

You May Also Be Interested In

• Nokia slightly down as Q1 profit growth fails to meet consensus; outlook unchanged
• Press Release for Early Warning Report Filed Pursuant to NI 62-103
• Nokia (NOK) Tops Q1 EPS by 1c; reaffirms FY24 outlook