Neste Oil's approach to sustainability is based on the company's values and is guided by its Code of Conduct, Sustainability Policy, and Sustainability Principles.
Learn more about the policies and principles underpinning Neste Oil's sustainability.
Neste Oil's sustainability program defines six focus areas which form the foundation of the sustainability work carried out by the company. These focus areas are:
Sustainability work is steered by the Senior Vice President, Sustainability and Public Affairs, who is a member of the Neste Executive Board. The Board of Directors approves policies covering sustainability and monitors how Neste Oil performs in terms of sustainability. The Neste Executive Board is responsible for outlining the company’s strategic approach to sustainability and monitoring how sustainability is reflected in business units and support function operations. Matters related to sustainability are reviewed regularly by the Board of Directors, the Neste Executive Board, and the management teams of the Sustainability and HSEQ organization, business areas, and production plants.
Performance in the sustainability area is one of the factors determining the incentives paid to management and other personnel, and how well the company performs in terms of injury frequency, for example, will affect the bonus paid to the President & CEO for 2014.
Neste Oil's People and Safety organization is responsible for the company's safety and environmental management systems. The unit's area of responsibility covers people safety, process and product safety, environmental impact, and environmental protection at Group level. Safety specialists are responsible for supporting safety work in line organizations.
Incident-free operations play a central role in managing environmental impact effectively. All measures taken to promote, for example, operational reliability also help improve environmental protection.
Improving Neste Oil's safety performance is one of the company's strategic focus areas. Safety work is implemented by Neste Oil's 12 Key Safety Elements, which form an important part of the company’s safety management system and act as a framework for Group-wide operating practices. Safety-related activities are monitored and developed through the company's safety management system.
Systems related to HR management are the responsibility of the HR organization and the Senior Vice President, HR and safety, who is a member of the Neste Executive Board. A group of management and employee representatives is responsible for regularly reviewing and updating HR management guidelines. Neste Oil's long-term HR management goal is to develop the company's strategic expertise and performance management practices and promote operations in line with the Way Forward operating model.
Read more about Way Forward operating model.