10 September 2015 at 5 pm. (EET)
Neste listed in the Dow Jones Sustainability Index for the ninth time
Dow Jones Sustainability Indexes (DJSI) have listed Neste in the DJSI World Index for the ninth time in a row. Neste ranks highly especially with regard to water related issues, as well as environmental and social reporting.
"We have a maximum score of 100 points for water issues and related risks. Water and steam are used in Neste's refining operations. The refineries' water consumption is monitored in terms of water usage and its efficiency, and cooling water and wastewater management," says Simo Honkanen, Senior Vice President, Sustainability and Public Affairs at Neste.
"We are also very pleased to rank in the top percentile with regard to both environmental and social reporting. Transparency is an important part of our sustainability work," continues Honkanen.
The DJSI annual review is based on an analysis of companies' economic, environmental and social performance. Neste's best overall score is in the economic dimension in which the company ranks highly, for example, with regard to supply chain management. "Developing our supply chain is an ongoing process and a key priority," states Honkanen.
According to the DJSI results, Neste needs to improve in the area of social sustainability. "Social issues and labor rights are very much at the top of our agenda right now. We are working together with several stakeholders with regard to these issues. Therefore, I believe we will achieve a higher ranking in the future," says Honkanen.
Director, Corporate Communications
Pekka Tuovinen, Director, Sustainability, tel. +358 10 458 4516, pekka.tuovinen(at)neste.com
Neste in brief
Neste is a pioneer in oil refining and renewable solutions. We provide our customers with premium-quality products for cleaner traffic and industrial products based on world-class research. Our sustainable operations have received recognition in the Dow Jones Sustainability World Index and the Global 100 list of the world's most sustainable companies, among others. Our net sales for 2014 amounted to approximately EUR 15 billion, and our shares are listed on NASDAQ Helsinki. Cleaner traffic, energy and life are moved forward by about 5,000 professionals. More information: neste.com