A number of third parties assess the sustainability of our operations using various assessments.
We are included in the following assessments, among others:
- The Global 100
- Dow Jones Sustainability Indices (DJSI)
- CDP Climate, Forests, and Water
- STOXX® Global ESG Leaders
- Ethibel EXCELLENCE Investment Register
- RobecoSAM Bronze Class Sustainability Award 2018
The Global 100
In 2019, Neste was selected as the world's 3rd most sustainable company on the Global 100 list. The company continues being the best performing energy company on the list. Inclusion on the list marks the company’s 13th consecutive inclusion on the Global 100 list; it has been included on the list continuously for longer than any other energy company in the world.
The Global 100 list consists of the 100 most sustainable companies in the world. Global 100 companies, announced in Davos during the World Economic Forum, represent the top 1.3% in the world on sustainability performance. They come from various industries and countries around the world. To determine the ranking, 7,536 companies were analyzed against global industry peers on a suite of up to 21 quantitative key performance indicators, weighted to reflect each industry’s impact profile. The indicators cover, for example, areas such as greenhouse gas emissions, energy and water consumption, and the amount of waste they generate in relation to the financial benefit they produce. The list is produced by Corporate Knights, an independent consultancy and research company.
Dow Jones Sustainability Indices (DJSI)
Neste has been selected for inclusion in the Dow Jones Sustainability Indices (DJSI ) for 12 consecutive years. In 2018, we were included in the DJSI World and DJSI Europe among the most sustainable companies in the world. The industry’s best scores in climate strategy, environmental reporting, and water-related risks contributed to the company’s inclusion among the top performers.
Companies are selected for inclusion in the Dow Jones Sustainability Indices based on a comprehensive assessment of long-term performance indicators measured by economic, environmental, and social criteria, as well as against sustainability trends. Only leading companies in each industry are included in the indices each year.
CDP Climate, Forests and Water
Neste is the only energy company reaching the Leadership-class in three Climate Disclosure Project (CDP) programs: CDPs Climate, CDP Forests, and CDP Water. Altogether only 16 companies in the world reached Leadership-class in all these three areas, although nearly 2,500 companies around the world were evaluated.
Neste has disclosed its climate change prevention measures as part of the CDP program for the past 11 years. We made it onto the CDP Climate program's second-best A- list, among the top-performers in this area. Neste continues to be the only energy sector company that transparently discloses its forest footprint as part of the globally renowned CDP Forests program. Our deforestation risk management efforts were evaluated as belonging to the leading performers' Leadership-class and A- list in the CDP Forests program. Neste participated in the CDP Water program for the first time. To participate in this program, companies must comprehensively disclose the measures they implement for responsible water use and water risk management. Neste reached the top performers A- list also in this category.
STOXX® Global ESG Leaders
Neste is included in the STOXX® Global ESG Leaders index. The index covers approximately 300 of the world's leading companies in terms of environmental and social sustainability and corporate governance. Neste is also included in the STOXX Global ESG Social Leaders and STOXX Global ESG Governance Leaders indices. The review on which the selection is based is carried out by Sustainalytics, an independent specialist in sustainability research and analysis.
Ethibel EXCELLENCE Investment Register
Neste is included in the Ethibel EXCELLENCE Investment Register. This indicates that Neste performs better than average in its sector in terms of Corporate Social Responsibility (CSR). The evaluation and selection is done by Forum ETHIBEL (www.forumethibel.org).
RobecoSAM Bronze Class Sustainability Award 2018
In 2018, Neste was included in the Sustainability Yearbook 2018 and received the Bronze Class Sustainability Award for its sustainability performance. Neste was one of the top-scoring companies in the Oil & Gas Refining & Marketing category. Inclusion is based on a sustainability assessment by RobecoSAM