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 Index World (DJSI World)
- CDP Climate, Forests, and Water
- STOXX® Global ESG Leaders
- Ethibel Sustainability Index (ESI) Excellence Europe
- RobecoSAM Bronze Class Sustainability Award 2018
The Global 100
The Global 100 list consists of the 100 most sustainable companies in the world. The list is produced by Corporate Knights, an independent consultancy and research company, based on the global analysis of nearly 6,000 listed companies across various industries. These are reviewed against a range of indicators covering 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 results are announced annually at the World Economic Forum in Davos, Switzerland.
In 2018, Neste was ranked the 2nd most sustainable company in the world. It also marked the company's 12th consecutive inclusion on the list. Neste continues being the best performing company within the Oil and Gas Industry. It has been included on this valued list continuously for longer than any other energy company in the world.
Dow Jones Sustainability Index World (DJSI World)
Neste has been selected for inclusion in the Dow Jones Sustainability World Index (DJSI World) for 11 consecutive years. In 2017, Neste ranked high especially with regard to human rights, labor practice indicators, and in matters related to Occupational Health and Safety. Furthermore, Neste was the best in industry in Corporate Governance and in water related risks. Neste's overall performance improved, which ensured the company's inclusion among the 1st quartile performers.
Companies are selected for the Dow Jones sustainability indices based on a comprehensive assessment of long-term economic, environmental, and social criteria as well as sustainability trends. Only companies that lead their industries based on this assessment are included in the indices. Of the oil refining and gas companies, 23 were analyzed this year. Eventually, only three were selected for inclusion in the DJSI World Index.
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 Sustainability Index (ESI) Excellence Europe
Neste is included in the Ethibel Sustainability Index (ESI) Excellence Europe. This indicates that the company is considered to play a pioneering or leading role in its sector in terms of its Corporate Social Responsibility (CSR) performance. 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