Following closely on the recent announcement of its transition to a new multi-brand portfolio strategy, HMD Global Oy (“HMD”), the largest European smartphone manufacturer, has has attained a very impressive Platinum EcoVadis 2023 Sustainability Rating for the second year running.
HMD is the top businesses and 98 percent of companies audited for their commitment to sustainable practices in the manufacturing of communications equipment.
‘We are thrilled to receive the Eco Vadis Platinum Sustainability rating for the second year running. Combined with a steadfast commitment to delivering high-quality, affordable mobile devices to consumers around the world, every single one of us at HMD is excited for our future of designing innovative products that endure, reducing electronic waste, helping people keep their mobile devices for longer and making a positive impact on the planet,’ said Jean-Francois Baril, Co-Founder, Chairman and CEO of HMD Global.
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EcoVadis, the world’s largest and most trusted provider of business sustainability ratings, are evidence based and cover four sustainability themes: Environment, Labour and Human Rights, Ethics and Sustainable Procurement.
He added that the company is passionate about creating value for people, partners, and planet.
The Platinum Rating signals the company’s advanced structured and proactive sustainability approach. It serves as an indicator of positive intent as assessed companies strive to improve their sustainability management performance and drive impact. Last year, HMD secured a Platinum EcoVadis Rating.
Last week HMD Global, the Finnish company best known for producing Nokia-branded smartphones, revealed plans to launch its own line of mobile devices.
On Monday, HMD Global CEO Jean-Francois Baril announced on Linkedin that the company will be expanding its portfolio with a new HMD brand that will co-exist alongside its Nokia phones and collaborations with “exciting new partners” that have yet to be disclosed.
“It has been a great journey as ‘HMD – the home of Nokia phones’ – an exclusive position we have held for the past six years,” said Baril. “Now we are ready for the next step on our journey – to enter the market independently as a force to create a new world for telecommunications focused on consumer needs.”
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