Sustainable development policy

Sustainability can mean different things to different companies and people. It is therefore important to bring the knowledge that already exists to the fore and to supplement it where there are shortfalls.

Nynas’ sustainability policy shows what we want to do in both the short term and the long term. It also serves as a link with other policies that relate to work on sustainability, for example safety and the code of conduct.

Nynas Sustainable development policy

At Nynas Sustainable Development means developing and implementing strategies that ensure growth of shareholder value while proactively taking care of all stakeholder needs; specifically protecting and sustaining human and natural resources for future generations.

Nynas is an oil company with a difference, we focus on manufacturing products which deliver lasting value; we promote this as "taking oil further".

Pursuing a progressive approach to sustainable development allows us to take a holistic view of the world in which we operate. As a responsible business Nynas has a number of Policies which address many of the environmental, economic and social aspects of sustainable development. These Policies, include:

Code of Conduct
Competition Compliance
Global anti-bribery & anti-corruption
Health, Safety, Security, Environment and Quality (HSSE&Q)
People and Human Rights
Procurement

Nynas subscribes to the International Chamber of Commerce (ICC) Business Charter for Sustainable Development and is certified to ISO 9001, ISO 14001 and OHSAS 18001.

In addition, as leaders in our field we work together with customers and suppliers to reduce the use of natural resources i.e. energy, water, and the greenhouse gas emissions and waste associated with operational activities.

At Nynas we require third party suppliers of our branded products to adopt similar policies and values.

Nynas recognises its ambitions for sustainable development can be affected by supplier policies. When selecting critical suppliers we value the existence of a sustainability policy and HSE performance.

At Nynas we strive to improve the Environmental, Economic and Social aspects of our products and their use.

At Nynas we encourage and empower our people to adopt practices that promote a positive and progressive attitude to sustainable development.

Nynas promotes transparency and encourages open dialogue and engagement with all stakeholders including authorities, neighbours, employees and the community at large. Assessing impact and setting sustainable development targets for each area of our operation is an area of continuous improvement that Nynas is committed to; Key Performance Indicators are used to direct focus. To reinforce this commitment a member of the Executive Committee has been appointed to facilitate and report overall progress. Sustainable Development encompasses all aspects of our business operation.