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Sustainability-related risks and opportunities

Our operations are associated with a number of sustainability-related risks and opportunities. We aim to identify these threats and opportunities and to proactively prevent or enable them. We are not engaged in any oil exploration or drilling activities, which significantly reduces our exposure to direct environmental risks.

Sustainability provides business opportunities

Sustainability means opportunities to us because we are in the business of fighting climate change. Renewable fuels are one of the most significant ways of addressing the increasing need for energy in transportation, which creates growth opportunities for our business. Our proprietary NEXBTL technology also offers growth in other applications besides the transport sector, such as the polymers and chemical industries.

We report on our most significant sustainability-related risks annually in our Annual Report and its Review by the Board of Directors (see Annual Report 2019).