Neste Corporation
Press Release
18 January 2017 at 2:30 pm (EET)
Neste included on the Global 100 list of the world's most sustainable companies for the 11th consecutive time
Neste reached the Global 100 list of the world's top 100 most sustainable companies for the 11th consecutive time. This year Neste improved its ranking from the 39th to 23rd place, and was considered the best performing company within the Oil and Gas Industry. The company has been included on this valued list continuously for longer than any other energy company in the world.
"Sustainability is a central component of our strategy and business. We consider our ranking within the Global 100 list as a an important recognition of our company's progress in many areas," says Neste's Pekka Tuovinen, Senior Advisor, Sustainability.
Recent progress in Neste's sustainability:
- We increased the share of waste and residues to nearly 80 percent of all the renewable raw materials we used in the refining of our renewable products.
- Our customers were able to reduce their greenhouse gas emissions by 6.4 million tons in 2015, corresponding to annual greenhouse gas emissions of 2.3 million cars.
- We advanced our comprehensive human and labor rights program, conducted a company-wide human rights risk assessment, and focused on improving the situation of migrant workers within palm oil supplying countries.
- We explored deforestation risks within our supply chain more widely than before and increased the transparency of our supply chain by publishing a comprehensive list of our palm oil suppliers on our website.
"The sustainability performance of the world's leading companies improve every year. That is why making the list becomes more challenging each year. One-third of the companies on this year's list were different from last year. We will continue our determined work together with our stakeholders to continuously improve the sustainability of our operations and ensure that we will be worthy of similar recognitions in the coming years," Tuovinen continues.
Neste Corporation
Kaisa Lipponen
Director, Corporate Communications
Read also:
Neste's actions to prevent deforestation receive high score and Leadership-status in CDP Forests program 2016
Neste recognized as world leader for corporate action on climate change, reaching the Climate A List of CDP
Neste listed in the Dow Jones Sustainability Index already for the 10th time
Further information: Pekka Tuovinen, Senior Advisor, Sustainability, tel. +358 10 458 4516, pekka.tuovinen(at)neste.com
Neste in brief
Neste (NESTE, Nasdaq Helsinki) builds sustainable options for the needs of transport, businesses and consumers. Our global range of products and services allows customers to lower their carbon footprint by combining high-quality and low-emission renewable products and oil products to tailor-made service solutions. We are the world's largest producer of renewable diesel refined from waste and residues, and we are also bringing renewable solutions to the aviation and plastics industries. We want to be a reliable partner whose expertise, research and sustainable practices. In 2015, Neste's net sales stood at EUR 11 billion, and we were on the Global 100 list of the most sustainable companies in the world. Read more: neste.com