Neste’s Customers Reduced their GHG-Emissions by 6.4 Million Tons in 2015
Neste included on the Global 100 list of the world’s most sustainable companies for the 11th consecutive time
Keilaranta, Finland, January 18, 2017: 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. Recently the Finish company reached several sustainability milestones:
- Neste increased the share of waste and residues to nearly 80 percent of all the renewable raw materials used in the refining of renewable products.
- Neste’s customers were able to reduce their greenhouse gas (GHG) emissions by 6.4 million tons in 2015, corresponding to annual greenhouse gas emissions of 2.3 million cars.
- Neste advanced its 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.
- Neste explored deforestation risks within its supply chain more widely than before and increased the transparency of its supply chain by publishing a comprehensive list of palm oil suppliers on its 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.
Source: Neste Corporation