Finland-head oil refiner and renewable products producer Neste Oyj has been ranked 3rd on the Corporate Knights’ 2020 Global 100 list of the world’s most sustainable corporations.“We are honored to be recognized again as one of the most sustainable companies in the world. This is especially humbling as many companies are continuously improving their sustainability efforts and placing on the list gets more difficult every year", says Peter Vanacker, President, and CEO of Neste.
The Global 100 list is an annual ranking of corporate sustainability performance and is compiled by an independent consultancy Corporate Knights. This is Neste’s third time in the top 3. It also marks the company’s 14th consecutive inclusion on the Global 100 list. Neste has been included on the list continuously for longer than any other energy company in the world.
We are honored to be recognized again as one of the most sustainable companies in the world. This is especially humbling as many companies are continuously improving their sustainability efforts and placing on the list gets more difficult every year. Our company’s purpose is to create a healthier planet for our children, particularly through tackling the climate crisis. In this work, we need everyone on board. It is great to see more and more companies placing sustainability at the core of their strategies worldwide, said Peter Vanacker, President, and CEO of Neste.
For this year’s Global 100 list, Corporate Knights assessed 7 395 companies with more than US$1 billion in revenues. The ranking is based on an assessment of up to 21 key performance indicators ranging from environmental performance indicators to resource management, employee management, financial management, clean revenue, and supplier performance.
According to Corporate Knights, the Global 100 companies “show that companies that put sustainability at their core outlast and outperform the competition. Neste continues in the top three thanks to its industry-leading sustainability focus.”
Neste has gone through a comprehensive transformation over the past decade: the former local oil company’s aim is now to become a global leader in renewable and circular solutions. Neste’s business is focused on helping customers in the transport sector and cities, aviation, as well as polymers and chemical industries to make their business more sustainable.
We will continue to offer our customers solutions to reduce their greenhouse gas emissions and tackle the global waste plastic challenge. In addition, we will work together with our partners to continuously improve the sustainability of our operations. We want to ensure that we will be worthy of the recognition also in the coming years, said Peter Vanacker.