Lugano, June 17, 2025 – Swisseutic is proud to announce that Qinghai Blicsweet Licorice Technology Development Co., Ltd. the sister company of Qinghai Lake Pharmaceutical Co., Ltd. (QHL), has been awarded the EcoVadis Silver Medal – an international sustainability assessment that recognizes the excellence of QHL’s management system across environmental impact, labor and human rights, business ethics, and sustainable procurement.
The EcoVadis assessment, one of the world’s most trusted evaluations of environmental, social, and ethical practices, benchmarks more than 100,000 companies across four key pillars: environmental impact, labor and human rights, ethics, and sustainable procurement. With this Silver Medal, QHL ranks among the top 15% of companies worldwide.
“This important recognition confirms the outstanding work carried out by QHL in implementing responsible, transparent, and forward-looking sustainability practices,” said Christian Artaria, CEO of Swisseutic SA.
“QHL operates in the heart of the Qinghai region on the Tibetan Plateau, at 2,800 meters above sea level and near Qinghai Lake. This pristine and uncontaminated environment is not only a unique location, but also a powerful reminder of the importance of protecting our planet through sustainable industrial practices.”
This recognition reflects a broader industrial development strategy that QHL is pursuing globally. As part of this strategy, QHL collaborates closely with Swisseutic to ensure that European clients benefit from licorice derivatives that are not only of the highest quality, but also fully traceable and produced in alignment with internationally recognized sustainability standards.
QHL is a world leader in the production of licorice-based actives including Enoxolone, Dipotassium Glycyrrhizinate, Monoammonium Glycyrrhizinate, Stearyl Glycyrrhetinate, Glabridin, and Licochalcone A, serving the pharmaceutical, nutraceutical, and cosmetics industries worldwide.
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About Qinghai Lake Pharmaceutical Co., Ltd. (QHL)
Founded in 1987, Qinghai Lake Pharmaceutical Co., Ltd. (QHL) is a leading manufacturer of licorice derivatives. With a team of 80 employees, the company is located in the Qinghai region of the Tibetan Plateau, at an altitude of 2,800 meters, renowned for its alkaline salt lake, Qinghai Lake, from which the company takes its name.
QHL holds a pharmaceutical license and is ISO 9001 certified. Its sister company, Qinghai Blicsweet Licorice Technology Development Co., Ltd., holds a food license and is certified ISO 9001, ISO 22000, FSSC 22000, ISO 27001, ISO 45001, HACCP, Sedex, Cybervadis and Ecovadis.
The company has successfully obtained CEP certification for its Ammonium glycyrrhizinate and holds a REACH certificate for Enoxolone and Dipotassium glycyrrhizinate. Additionally, all its licorice derivatives used in cosmetics are COSMOS-approved, CSAR registered and all products are certified vegan by The Vegan Society, OU Kosher and Halal.
Further Information on Qinghai Lake Pharmaceutical Co., Ltd.:
🔗 https://www.linkedin.com/company/qinghai-blicsweet-licorice/
About Ecovadis
EcoVadis is a globally recognized provider of business sustainability ratings, evaluating companies on their environmental, social, and ethical performance. Established in 2007, EcoVadis aims to enhance corporate social responsibility (CSR) by providing a holistic assessment of a company’s sustainability practices.
About the EcoVadis score
The EcoVadis score reflects the quality of a company’s sustainability management system at the time of the assessment. EcoVadis Medals and Badges recognize eligible companies that have completed the EcoVadis assessment process and demonstrated a relatively strong management system that addresses sustainability criteria with policies, actions, and significant results. More information on the EcoVadis assessment process can be found here.
About Swisseutic
Swisseutic SA specializes in supplying premium ingredients to the nutraceutical, pharmaceutical, food, feed, and cosmetic industries.
Swisseutic is built upon 25 years of expertise in the development, production, clinical validation, registration, and marketing of natural products. This wealth of knowledge extends across plant-based preparations (botanicals), encompassing highly purified products obtained directly from plants, as well as those produced through chemical or enzymatic modifications, fermentation technologies, or innovative processes such as production through photobioreactors. Swisseutic objective extends beyond being the primary distributor of botanical extracts; we aspire to be a trusted partner, adept at addressing any concerns related to the quality or availability of these products through a personalized and responsive service.
Further Information on Swisseutic: