Swedish automotive fastener supplier Bulten AB achieved gold-medal status for sustainability in the EcoVadis sustainability ranking. Bulten is also ranked in the top 1% of companies in its industry.

“Bulten’s ambition and sustainability strategy is that the entire business should be permeated by a sustainability-oriented way of thinking,” stated Marlene Dybeck, SVP HR and Sustainability. “We are hugely proud of this recognition which consolidates our position as one of the best in our industry when it comes to sustainability.”

According to its website: “Bulten’s ambition is to manage its operations in a sustainable way for the long term. Bulten aims to be a reliable and robust partner to its customers and suppliers, adding value to its owners and being an attractive employer.

“Bulten has a long history of developing its operations in a responsible manner aiming to being an attractive and long-term employer and a good partner for customers and partners. Our ambition and sustainability strategy is that the entire business is being permeated by sustainability-oriented corporate governance, environmental principles and social responsibility.”

EcoVadis is an independent international organization that evaluates, scores, and ranks companies’ integration of sustainability issues in their business activities. The assessment is based on 21 criteria in four areas: environment, fair working conditions, business ethics, and the supply chain. The method used is based on international CSR standards such as the Global Reporting Initiative (GRI), the UN Global Compact, and ISO 26000.

Bulten reported sales increased 9.7% to SEK 3.13 billion in 2018, while operating earnings were flat at SEK 210 million, and operating margin declined 6.7%. Earnings after tax fell 10% to SEK 143 million.

Founded in 1873, Sweden-based Bulten supplies fasteners to the international automotive industry, with 1,400 employees in eight countries. Web: Bulten.com