Novanta Receives Silver Rating From Ecovadis

By Author: Arina Smith
Total Articles: 185
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Novanta Inc. (Nasdaq: NOVT), a company that provides core technology solutions to medical and advanced technology equipment manufacturers, has announced that it has received a Silver rating from EcoVadis for its sustainability practices. EcoVadis is a renowned sustainability rating agency, and the Silver rating places Novanta in the top 25% of companies within its industry sector. The rating was based on EcoVadis's assessment in four categories: environment, ethics, labor and human rights, and sustainable procurement.

Matthijs Glastra, Novanta's Chair and Chief Executive Officer, expressed pride in the company's progress in environmental sustainability and social responsibility initiatives. He emphasized that these efforts are important to all of Novanta's stakeholders and will further strengthen the company's position as a trusted partner of leading and successful Original Equipment Manufacturers (OEMs). Glastra noted that the Silver rating serves as a testament to Novanta's dedication and progress in reducing its environmental carbon footprint, improving its culture, and positively impacting the communities it operates ...
... in.

Earlier in the year, Novanta published its 2022 Environmental, Social, and Governance (ESG) Report, providing further details on the company's ESG programs and initiatives. Those interested in learning more about these programs can visit the Environmental, Social, and Governance section on Novanta's website at https://sustainability.novanta.com.

Novanta is a global leader in supplying core technology solutions to medical and advanced industrial OEMs, giving them a competitive advantage. The company leverages its deep proprietary technology expertise and competencies in precision medicine and manufacturing, medical solutions, and robotics and automation to solve complex technical challenges. Novanta engineers core components and sub-systems that deliver extreme precision and performance, tailored to the demanding applications of its customers. The driving force behind Novanta's growth is its team of innovative professionals who share a commitment to innovation and customer success. Novanta's common shares are traded on the Nasdaq under the ticker symbol "NOVT."

The company's website, www.novanta.com, offers more information about Novanta and its products and offerings. For additional information, interested parties can contact Novanta Investor Relations at (781) 266-5137 or InvestorRelations@novanta.com.

In conclusion, Novanta Inc. has achieved a Silver rating from EcoVadis for its sustainability practices, highlighting its dedication to environmental sustainability and social responsibility. The company's position in the top 25% of rated companies within its industry sector demonstrates its commitment to maintaining high standards in environmental and social impact. Novanta's ESG Report provides further insight into its programs and initiatives, and its partnership with EcoVadis showcases its commitment to being a responsible and trusted technology partner. As a global supplier of core technology solutions, Novanta's precision and performance-driven approach continues to position it as a reliable partner for medical and advanced industrial OEMs seeking a competitive edge in their respective markets.

https://www.techdogs.com/tech-news/business-wire/novanta-receives-silver-rating-from-ecovadis