Pensana awarded a Gold Medal by leading sustainability ratings provider, EcoVadis

Pensana plc (LON:PRE) has announced that it has been awarded a Gold Medal by EcoVadis, a leadingsustainability ratings provider, placing it among the top 5% of the companies assessed.

The ratings by EcoVadis are widely used by the automotive and offshore wind OEMs to monitor the ESG credentials of potential suppliers and are based on a detailed assessment of operations in the areas of environment, sustainability, procurement, labour and human rights and ethics.

The award follows the award by S&P Bond Rating Agency CICERO in 2022 which rated the Company’s operations as Light Green with Good Governance.

Tim George, Pensana CEO, commented: “We have strong demand for our rare earth products and this recognition from EcoVadis emphasises the very high standards of sustainability our customers can rely on from us.

The award represents the culmination of the strong focus on sustainability by the Pensana team notably Danny McNeice (Sustainability Manager), Magu Adriano (Social and RAP Manager), Benedito Dumbo (Longonjo Site Manager) and Henda Guimarães (Environment Coordinator).

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