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How Addressing Environmental Sustainability? and How It's Reported in Its Sustainability Report?

Neste Oyj prioritizes environmental sustainability in its operations and reporting. Through efficiency programs and use of renewable materials, it aims to minimize waste and emissions from its refinery. It monitors key metrics like energy consumption, greenhouse gas emissions, water use, and wastewater discharge. Neste also focuses on biodiversity protection and conducted a roadmap to reduce its environmental impact.
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0% found this document useful (0 votes)
64 views3 pages

How Addressing Environmental Sustainability? and How It's Reported in Its Sustainability Report?

Neste Oyj prioritizes environmental sustainability in its operations and reporting. Through efficiency programs and use of renewable materials, it aims to minimize waste and emissions from its refinery. It monitors key metrics like energy consumption, greenhouse gas emissions, water use, and wastewater discharge. Neste also focuses on biodiversity protection and conducted a roadmap to reduce its environmental impact.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

How addressing environmental sustainability?

And how it’s reported in its


sustainability report?
Neste Oyj is an organization that cares more about the environment. They are constantly focused
on doing what is best for the environment
Through global and domestic efforts, they have taken action to combat climate change and
reduce emissions. As part of their new strategy, they introduced two new climate targets in 2019
and refined their second target in April 2020 to minimize the direct climate impact of their
activities on their two climate commitments.
Their refinery is efficient and only a small fraction of the raw materials they use end up as waste.
They use approximately ten different renewable materials each year to produce nutrients for the
production of renewable products such as renewable transport and aviation fuel as well as
renewable polymers and chemicals.
Sulfur is extracted from raw materials to refine the oil at their Porvo refinery to protect the
environment. The sulfur element is processed into sulfur and used as a product. The Porvo
refinery generates about 10,000 tons of wash lime used annually by the pulp industry.
They are committed to an efficiency program for industries with energy needs in Finland. During
the 2017-2025 contract period, their goal is to save 500 gigawatt hours from the 2014 level. By
2020, their energy saving measures will be 33 gigawatt hours.
They monitor water consumption and aim to minimize it wherever possible.
Most of the water they use is used to produce fossil fuels. Cooling is the largest application of
water. Water is used primarily for steam generation as it consumes relatively little water to purify
renewable fuels.
An important aspect of the study of the environment is the biodiversity roadmap
Nestor's Biodiversity Roadmap is based on creating a healthy planet for children. This serves as
the basis for directing their activities on biodiversity impact management.
According to the Sustainability Report for 2021, environmental reporting is done under several
sub-topics as follows
1. Material and energy efficiency
Here they report on maintaining energy efficiency in their production and supply
operations.

2. Water in our own operations


Under this, they have mentioned the measures taken to purify the water

3. Assessing the water-related risks


According to the company-wide Environmental Press, all production projects are
subject to environmental compliance analysis and new production capacity
building or current capacity [Link] scarcity assessment is included in
investment projects and follow current water risk status with several Neste tools

4. Continuous environmental quality monitoring at our sites


Air quality monitoring and other environmental monitoring activities such as
ocean and groundwater monitoring associated with the Porvoo and Nantali
refineries.
5. Commitment to biodiversity
Biodiversity plays an essential role in Neste climate strategy actions. Neste is
committed to avoid conversion of habitats with valuable biodiversity for biomass
production.
6. Environmental roadmap
The aim is to bring pollution to zero.
Neste’s operations already support the goals of the proposed plastics roadmap
with its chemical recycling project and production of recyclable bio-based
plastics.

What Indicators are they using to measure the environmental performance of


company?
Energy Consumption
Carbon dioxide (CO2) or Greenhouse gas emissions (GHG)
Scope 1 emissions, the emission factors compliant with the fuel classification
published by Statistics Finland were used in addition to Neste’s in-house
laboratory measurement data.
Scope 2 covers emissions from indirect purchased electricity, steam and heat
production. Market-based Scope 2 emissions are based mainly on energy
supplier-specific emission factors. Location-based Scope 2 emissions are based on
country-specific emission factors.
Scope 3 calculation is based on the principles of the GHG protocol. The
calculation of Scope 3 emissions is based on internal data sources, information
available from public sources Neste’s accredited in-house calculation data have
been used as the emission factors.
Water withdrawal
The water withdrawal volumes are based on the company’s own measurements or
on invoicing.
Wastewater discharges
Neste reports the wastewater volumes, chemical oxygen consumption, as well as
the oil, nitrogen, and phosphorus releases. The figures are calculated on the basis
of refinery- or terminal-specific data based on sampling or continuous metering.
The figures do not include the loading values of wastewater treated in municipal
or other external wastewater treatment plants.
Non-renewable resource use
The amount of non-renewable resource use that Neste’s renewable and circular
solutions helped replace in transport, aviation and polymers and chemicals
sectors. Calculations include fossil resource usage over renewable and circular
production life cycles. An energy-based comparison is made with relevant fossil.

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