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Selected pages
Strategy implementation during 2011
Oil Products' operating environment
Renewable Fuels' operating environment
Oil Retail's operating enviroment
Crude oil and feedstock sources
Oil Products' customers and products
Renewable Fuels' customers and products
Oil Retail's customers and products
Research, technology, and engineering
Development of products and technologies
Engineering company Neste Jacobs
Foreword by Senior Vice President, Sustainability and HSSE
Sustainability-related risks and opportunities
Sustainability of fossil fuels
Sustainability of renewable fuels
Sustainability legislation and recent development
Progress on voluntary sustainability verification scheme
Impact of indirect land use change
Material aspects of sustainability
Stakeholder engagement in materiality assessment
Sustainability management tools
Sustainability-related reviews
Direct and indirect financial impacts
Investments in efficiency, environment, and safety
Charitable donations and sponsorship
Managing environmental responsibility
Environmental impact and risks comprehensively identified
Making better use of natural resources
Continuous improvements in energy efficiency
Climate protection and products that reduce emissions
Neste Oil’s greenhouse gas emissions
Protecting the soil and waterways
Updating Neste Oil’s water inventories under way
Efficient water use and wastewater treatment
Case: Court orders Neste Oil to pay for cleaning up soil at a service station
Protecting the biodiversity of forests and the natural world
Natura areas close to the Porvoo and Naantali refineries
Case: Using forest harvesting waste to produce a premium-quality input for renewable fuel
Environmental impact of Neste Oil’s supply chain
Airborne emissions resulting from refining
Refinery greenhouse gas emission levels unchanged
Case: Sulfur dioxide emissions at Porvoo within permitted levels in 2009
Case: Neste Oil tankers sail along the Northeast Passage
Case: New VOC recovery system being built at Porvoo
Case: Excellent results from NExBTL aviation fuel trial
Head Office and the WWF’s Green Office program
Sustainability of supply chain
Sustainability verification and greenhouse gas emissions
Sustainable bio-based raw material procurement
Proportion of certified bio-based raw materials nearly quadrupled
Proportion of crude palm oil reduced from 2010
Strict sustainability criteria for suppliers
NGOs continue to be critical of palm oil use
Neste Oil receives the Public Eye Award
Palm oil producer IOI investigated by the RSPO
From confrontation to more constructive cooperation
Managing social responsibility
Stakeholder Advisory Panel established
Measuring stakeholder engagement
Participation in organizations and joint projects
Personnel structure by country
Developing Neste Oil’s leadership and corporate culture
Developing leadership and supporting managers in their work
Engaging personnel in the strategy process
Engaging personnel in Neste Oil’s innovation process
Employee development and training
Complying with values, laws and principles
Promoting equality in Finland and elsewhere
Equitable and motivational remuneration
Competitive remuneration and fringe benefits
Safety improvement initiatives
Updating the public on fuel changes
Product packaging and labeling
Case: New small-engine gasoline launched in Finland
Independent assurance statement
Corporate Governance Statement
Members of the Board of Directors
Members of the Neste Executive Board
Neste Executive Management Board
Performance Management Process
Objective, framework, and process
Risk relating to Neste Oil's business
Remuneration and shareholdings
Remuneration principles for senior management
Remuneration and shareholdings of the Board of Directors
Remuneration and shareholdings of the Supervisory Board
Remuneration and shareholdings of the President & CEO and the Neste Executive Board
Review by the Board of Directors
Cash flow, investments, and financing
Main events during the reporting period
Shares, share trading, and ownership
Health, safety, and the environment
Events after the reporting period
Potential short-term and long-term risks
Dividend distribution proposal
Calculations of key financial indicators
Consolidated financial statements
Consolidated income statement and Consolidated statement of comprehensive income
Consolidated cash flow statement
Consolidated statement of changes in equity
Notes to the Consolidated financial statements
2 Summary of significant accounting policies
6 Acquisitions and disposals of subsidiaries
7 Analysis of revenue by category
11 Depreciation, amortization and impairment charges
13 Financial income and expenses
17 Property, plant and equipment
19 Investments in associates and joint ventures
20 Carrying amounts of financial assets and liabilities by measurement categories
21 Non-current receivables and available-for-sale financial assets
23 Current trade and other receivables
25 Derivative financial instruments
27 Non-current and current liabilities
30 Retirement benefit obligations
33 Group companies on 31 December 2011
34 Contingencies and commitments
35 Disputes and potential litigations
36 Events after the balance sheet date
Parent company financial statement
Parent company income statement
Parent company cash flow statement
Notes to the parent company financial statements
Proposal by the Board of Directors
Motion, transportation, and community
We all need to keep things rolling
Forest fooprint and protecting forests
The root cause of deforestation is poverty
Car industry and emission reduction
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