Vytrus Biotech, the company specialized in active ingredients derived from plant biotechnology for the cosmetic industry, has been recognized in 2024 with the Platinum medal of Ecovadis, the holistic rating platform for ESG and sustainability management.
The biotech company continues making strides in terms of sustainability and environmental, social and governance (ESG). In its fourth year of evaluation by the Ecovadis sustainability platform, Vytrus has obtained the Platinum medal, the highest rating only awarded to 1% of the companies evaluated worldwide. In 2020, its first year of evaluation and in the middle of the pandemic, the firm was also recognized by the Ecovadis Silver medal for its good practices in sustainability.
Vytrus Biotech has excelled in environmental and ethical issues, aspects that have made Vytrus earned the Platinum medal for its achievements in sustainability. This worldwide recognition represents a guarantee of high quality, ethics and business honesty for partners and clients.
According to Albert Jané, CEO, COO and co-founder of Vytrus Biotech: "This recognition is the result of the constant work carried out by the Vytrus team. Sustainability and ESG have been part of our company's DNA since our origins. We are grateful and proud that this commitment is recognized and places us at the top of sustainability and at the same level of major corporations worldwide."
EcoVadis, the only universal provider of sustainability ratings evaluates the sustainability practices of more than 75,000 companies in over 160 countries. It provides a complete set of performance improvement tools, indicators, certificates and awards as EcoVadis medals in order to improve the environmental and social impact of companies worldwide.
The methodology applied covers seven management indicators based on 21 sustainability criteria focused on four areas: environment, labor and human rights, ethics, and sustainable procurement. It is based on the main standards, such as those of the GRI (Global Reporting Initiative), the UN Global Compact and ISO 26000, and is supervised by an international scientific committee. They rate performance by evaluating a company's policies, actions, and results, as well as input from third-party professionals and external stakeholders.
Vytrus Biotech is a company specialized in the development, production and commercialization of high added value active ingredients based on plant stem cell culture technology for cosmetic and dermocosmetic industry. Positioning as a pioneer in the use of this technology for business purposes gives Vytrus Biotech a solid foundation on which to build a sustainable competitive advantage. Through this technology, it is possible to obtain natural, patentable, and efficient products. Vytrus has a team of almost 40 employees in its headquarters in Terrassa (Barcelona, Spain) and is present in Europe, USA, LATAM and Asia, among others, through its international network of distributors.
The biotech company has been awarded with 7 international innovation awards for its active Photobiome™, two Best Ingredient Awards at in-cosmetics Latin America and Asia 2022 for its active Elaya Renova™, double ‘Best Ingredient Award’ worldwide at in-cosmetics Global 2020 for two of its ingredients (Kannabia Sense™ and Deobiome Noni™), ‘Gold Best Ingredient Award’ at in-cosmetics Global 2019 for its active Olea Vitae™, amongst other cosmetic awards worldwide.
