Neste Oil Corporation
29 January 2010 at 11.15 (EET)
Neste Oil for the Global 100 list for the fourth consecutive year
Finnish oil company Neste Oil has been selected again for the Global 100, a list of the world's 100 most sustainable companies, based on an analysis of 3,000 publicly traded companies. The Global 100 includes companies from 24 countries encompassing all sectors of the economy.
The companies included in the Global 100 are considered to have developed the best capabilities in their respective industries to manage environment, social, and governance risks, and to take advantage of new business opportunities in these areas. In addition to Neste Oil, Kesko and Nokia from Finland are featured in the list.
'We are very delighted to receive again this type of international recognition for our long-term commitment to sustainable development. Neste Oil has been committed to sustainability for decades and our products have regularly been at the front of the field in terms of their environmental performance. The most notable example of this is our NExBTL renewable diesel, which is the world's cleanest diesel fuel', says Mr Matti Lievonen, Neste Oil's President and CEO.
Neste Oil Corporation
Director, Corporate Communications
Simo Honkanen, Senior Vice President, HSSE and Sustainability, tel. +358 (0)50 458 4170
Pekka Tuovinen, Director, Sustainability and Regulatory Affairs, tel. +358 (0)50 458 4516
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company is the world's leading supplier of renewable diesel. 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 15 billion in 2008 and employs around 5,200 people. Neste Oil's share is listed on the NASDAQ OMX Helsinki.
Neste Oil has been selected into the Dow Jones Sustainability World Index and awarded 'Best in Class' recognition for its social accountability by Storebrand. The company is also featured in the Ethibel Pioneer Investment Register and included in Innovest's Global 100 list of the world's most sustainable corporations. Further information: www.nesteoil.com.
The Global 100 Most Sustainable Corporations in the World is an annual project initiated by Corporate Knights, the magazine for clean capitalism. In 2010, Corporate Knights collaborated with three strategic partners to identify the Corporate Knights Global 100 Most Sustainable Corporations in the World. The Corporate Knights Global 100 team included Inflection Point Capital Management-a sustainability-focused asset management venture founded by Dr. Matthew Kiernan, Legg Mason's Global Currents Investment Management, and Phoenix Global Advisors LLC (a consulting and technology platform focused on sustainability). As with past editions of the Global 100, the aim was to highlight the global corporations which have been most proactive in managing environmental, social and governance (ESG) issues. Launched in 2005, the annual Global 100 is announced each year during the World Economic Forum in Davos.