Recognized as world leader for corporate action on climate change
Keilaranta, Finland, October 25, 2016: For the first time, Neste has reached the Carbon Disclosure Project’s (CDP) highest Climate A List. This recognition is due to Neste’s work in combating climate change. Of the thousands of companies involved in the climate change program, only 193 made it onto the list. Only five of all companies awarded a position on the ‘A List’ represent the energy sector, which highlights Neste’s exceptional role and actions within its industry on climate change. Of the energy sector players, Neste is the only company from the Nordics included in the A-list.
The ‘A List’ recognizes companies that were considered to have most effectively tackled climate change, and adapted to it. Companies had to achieve over 75 percent of the total score in all the areas evaluated, including “Leadership”. The reporting of ‘A List’ companies on climate emissions also had to be public and sufficiently comprehensive, as well as for the most part certified by an independent third party, in accordance with an approved certification standard.
Building a low-carbon society
Neste is the world’s leading developer of low-carbon solutions for road and air traffic, as well as the chemical and plastics industries worldwide. “We support the Paris Agreement by operating more efficiently. But our major impact in climate change mitigation is achieved through offering our top-quality, drop-in solutions for a low-carbon society,” says Neste’s Senior Sustainability Advisor Pekka Tuovinen. “By refining high-quality renewable fuels, last year we helped our customers cut their greenhouse gas emissions by as much as 6.4 million tons. Our aim is to increase this figure to 9.0 million tons,” says Tuovinen.
“We congratulate the 193 A List companies that are leading the change towards our low carbon future. Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalize on the many opportunities that await,” says CDP’s Chief Executive Officer Paul Simpson.
Carbon Disclosure Project (CDP)
The Carbon Disclosure Project is an international non-profit organization that supports sustainable economic development. Thousands of companies take part in CDP’s annual Climate evaluation. Neste is among the nine percent selected on CDP’s Climate A List. Based on the previous year’s emission reporting, the list includes 14 Nordic companies. Six (including Neste) are from Finland, four from Sweden, three from Denmark and one from Norway. The list is available on the CDP website.