Neste Oil re-selected for the Dow Jones Sustainability World Index
Neste Oil Corporation
4 September, 2008 at 10.00 am EET
Neste Oil has been accepted again into the Dow Jones Sustainability World Index, which features 320 companies from 24 countries that excel in their commitment to a more sustainable future.
Only five other Finnish companies are included in this edition of the DJSI World listing, which was published today by Dow Jones Indexes, STOXX Limited, and the SAM Group.
“We are very pleased to receive again this type of international recognition. Neste Oil has been committed to the sustainability for decades and our products have regularly been at the front of the field in terms of their environmental performance. The most recent example of this is our NExBTL Renewable Diesel, which is world’s cleanest diesel fuel”, says Mr Pekka Tuovinen, Vice President, Health, Safety and Environment.
Neste Oil has been awarded ‘Best in Class’ recognition for its social accountability by the Norwegian banking group, Storebrand, included twice in Innovest’s Global 100 list of the world’s most responsible companies, and featured in the Ethibel Pioneer Investment Register.
Neste Oil Corporation
Pekka Tuovinen, Vice President, HSE, Neste Oil Corporation on +358 10 458 4516
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company’s strategy is based on growing both its oil refining and premium-quality renewable diesel businesses. Neste Oil’s refineries are located in Porvoo and Naantali and have a combined crude oil refining capacity of approx. 260,000 barrels a day. The company had net sales of EUR 12,103 million in 2007 and employs around 5,100 people. Neste Oil’s share is listed on the Nordic Stock Exchange in Helsinki. www.nesteoil.com.
Dow Jones Sustainability World Index
The Dow Jones Sustainability World Index follows a best-in-class approach and highlights the sustainability leaders from industries on a global level. The annual review of the DJSI family is based on a thorough analysis of corporate economic, environmental, and social performance, and assesses issues such as corporate governance, risk management, branding, climate change, supply chain standards, and labor practices. Half of the assessment focuses on measuring general sustainability criteria, and half relates on industry-specific sustainability issues. The results of the annual review will influence the investment decisions of asset managers in 16 countries who have licensed the DJSI family.