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Nynas has received the coveted EcoVadis Gold CSR rating for a seventh consecutive year. This puts the company in the top 5% for sustainability performance.
“We are pleased to have been awarded a Gold rating from EcoVadis for the seventh year in a row,” says Simon Day, VP Naphthenics at Nynas. “It confirms our commitment to providing customers and partners with transparent and trustworthy sustainability credentials. I would also like to highlight the importance of this award both to our employees and to the local communities where we operate.”
“The award is recognition of our continuous commitment to all aspects of sustainability,” explains Marika Rangstedt, Manager Sustainable Development at Nynas. “However, this is an ongoing process and we will continue to focus on improving our performance against a backdrop of tougher standards and requirements.”
To support its sustainability strategy, Nynas recently introduced two bio-based grades – NYTRO® BIO 300 X and NYTEX® BIO 6200 – as well as NYNAS® T600, which contributes to lower energy consumption in the grease production process. “More products with enhanced sustainability performance are in the pipeline, including new medical white oils, bio-products and specialties for the electrical mobility industry,” concludes Dr. Gaia Franzolin, Marketing Manager Naphthenics at Nynas.
EcoVadis is an independent global assessor of environmental and labour practices, ethics and supplier sustainability. Nynas’ most recent ratings were completed in October 2019.
A composition proposal as well as an administrators’ report have today been distributed to the creditors, by Nynas AB and the administrators.Read more about Formal exit from Nynas reorganisation initiated
It is an overarching objective for Nynas to minimise the impact of its products on health, safety and the environment. Playing a key role in this work is Product HSE.Read more about Responsibility for our products and their impact