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Sustainability

Sustainability guides our business

Today sustainability is essential part of any successful business. The key is to understand the continuously evolving stakeholder expectations on sustainability, anticipate the changes in your business environment from sustainability perspective and make sustainability a competitive advantage for your business.

For us, sustainability is not a competition, it is about team work. We are happy to share our expertise in the area of green growth and collaborate with various research institutes and leading companies around the world. Sustainability management is about taking concrete actions that have an impact. We are proud of the progress we are making and the sustainability journey we are on. Sustainability is and will be at the heart of Neova Group’s strategy and purpose – Creating Green Growth.

18.11.2024 Investor news release News Press release #solar power #sustainability #wind power

Rabbalshede Kraft joins Neova’s nine renewable energy park projects with 50% stake

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Our sustainability strategy

We have conducted a comprehensive review of our sustainability strategy in 2021. The renewed sustainability strategy ensures that sustainability is in the core of Neova Group’s strategy and purpose – Creating Green Growth.

Our sustainability aim is to create green growth through our products and services by considering the impact on environment, health, society, and knowledge.

Our mid-term and long-term goals have been defined for the three areas of sustainability (environmental, social and financial sustainability) with selected themes:

  • We do our business in balance with nature.
    Themes: Greenhouse gas emissions, Biodiversity, Circularity and Water.
  • We support the growth of our people and partners.
    Themes: Safety first!, Great workplace, Responsible partners.
  • We ensure profitability in a sustainable way.

We do our business in balance with nature

Greenhouse gas emissions

We reduce CO2 equivalent emissions in our own operations and in our value chain.

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Litteähukankorento

Biodiversity

We are committed to responsible peat production. We have established a Neova Group biodiversity programme aiming to increase biodiversity.

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Circularity

Our target is to progress towards our zero-waste by 2030 goal by increasing material efficiency, utilising recycled materials in our operations, and implementing efficient recycling of our waste streams.

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Lake and beach

Water

Our main target is to reduce solid matter, nitrogen and phosphorous effluents in peat harvesting by 75% in Finland by 2025.

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We support the growth of our people and partners

Safety first!

Our goal is to offer our employees, partners, and visitors a safe, healthy working environment by using methods that prevent injuries and accidents and promote well-being at work.

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Great Workplace

Engagement and wellbeing of our employees is vital to us. We aim for a result oriented, purpose-driven, and learning corporate culture.

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Responsible partners

Responsible and engaged partners are in the centre of our operations.

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We ensure profitability in a sustainable way

Sustainable profitability

Neova Group has a significant economic and employment impact in several locations.

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