Lynas Malaysia awarded a gold medal by EcoVadis

Company News

by Rachael Jones

Lynas Corporation's (ASX:LYC) Malaysian operations have been awarded a gold medal in the latest EcoVadis CSR assessment.

Lynas Malaysia rated among the top 5 per cent performers based on the company’s performance across the environment, labour and human rights, ethics and sustainable procurement.

This latest scorecard recognises operational improvements made since Lynas’ first EcoVadis assessment in which it was awarded a silver medal.

As part of Lynas’ ongoing commitment to sustainability, this year Lynas Corporation also became a signatory to the United Nations Global Compact, the world’s largest corporate sustainability initiative.

Shares in Lynas Corporation's (ASX:LYC) closed 1.1 per cent higher to $2.77 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.