Neste Oil rated top performer by the Forest Footprint Disclosure Project
(Thomson Reuters ONE) - Neste Oil CorporationPress release16 February 2010 at 1.00 pm (EET)Neste Oil rated top performer by the Forest Footprint Disclosure ProjectA report published on 10 February by the investor-backed initiative, the ForestFootprint Disclosure (FFD) project, highlights the businesses that haveresponded to its first call to disclose details of their 'Forest Footprint'. Thefirst disclosure request, in the form of a questionnaire, was sent to 217high-profile international companies in July 2009 and asked companies todisclose information in 11 key areas, including risk assessment, sustainablesupply chain development and support, and governance processes.Neste Oil was ranked the best performer in the oil & gas sector on the basis ofthe responses to the 2009 questionnaire. While saying that "Neste Oil deservescommendation for its commitment to improve its sourcing of sustainable palmoil", the FFD described the oil & gas sector's results as disappointing overall."Recognizing the importance of reducing deforestation in the fight againstclimate change, Neste Oil has developed a third party-audited supply chainmanagement system that provides us with information on the exact origin of thepalm oil we use," says Pekka Tuovinen, Neste Oil's Director, Sustainability andRegulatory Affairs. "We believe this could be a model for other companies andindustries using palm oil, and the FFD provides us with a useful forum forsharing this type of experience. We are committed to using solely thirdparty-certified palm oil as it becomes available, and our aim is for all thepalm oil we use to be certified by the end of 2015."The number of financial institutions backing the FFD has tripled over the lastsix months to 34 asset managers, with a total of $3.5 trillion in funds undermanagement.Neste Oil CorporationHanna MaulaDirector, Corporate CommunicationsMore information: Pekka Tuovinen, Director, Sustainability and RegulatoryAffairs, Neste Oil, tel. +358 10 458 4516FFD in briefThe Forest Footprint Disclosure Project is the brainchild of the Global CanopyProgramme, supported by the UK Department for International Development (DFID),the David and Lucille Packard Foundation, Esm?Fairbairn Foundation, theRufford Maurice Laing Foundation and the Waterloo Foundation. It includesrepresentatives of the Princes' Rainforests Project, UNEP Finance Initiative andthe investment community on its Steering Committee. www.forestdisclosure.com
Unternehmensinformation / Kurzprofil:
Datum: 16.02.2010 - 12:02 Uhr
Sprache: Deutsch
News-ID 12557
Anzahl Zeichen: 0
contact information:
Town:
Espoo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 181 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Neste Oil rated top performer by the Forest Footprint Disclosure Project"
steht unter der journalistisch-redaktionellen Verantwortung von
Neste Oil Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
