For the second consecutive year, the Luxembourg-based European Fund Administration S.A. (EFA) has been awarded the top-rank Gold rating by the independent assessment agency EcoVadis.

This ranking serves as recognition of the EFA’s efforts in the areas of Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) over the past years.

EcoVadis assesses more than 55,000 companies in 155 countries. These assessments cover four key CSR practices: environment, ethics, fair labour and human rights and sustainable procurement. EcoVadis methodology is built on international CSR standards including the Global Reporting Initiative, the United Nations Global Compact and the ISO 26000.