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Neste ranked world’s third most sustainable company

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Hydrocarbon Engineering,

Neste has been placed third on the Corporate Knights’ Global 100 list of the world’s most sustainable corporations.

This is Neste’s third time in the top three. 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.

Peter Vanacker, President and CEO of Neste, said: “Neste are honoured to be recognised 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. The company’s purpose is to create a healthier planet for our children, particularly through tackling climate crisis. In this work, the company needs everyone onboard. It is great to see more and more companies placing sustainability at the core of their strategies worldwide.”

The Global 100 list is an annual ranking of corporate sustainability performance and is compiled by an independent consultancy Corporate Knights. This year it assessed 7395 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 chemicals industries to make their business more sustainable.

Vanacker continues: “Neste will continue to offer its customers solutions to reduce their greenhouse gas emissions and tackle the global waste plastic challenge. In addition, the company will work together with its partners to continuously improve the sustainability of the operations. Neste want to ensure that the company will be worthy of the recognition also in the coming years.”

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