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International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2024, 08:53

Ventspils nafta terminals receives the highest evaluation in the Sustainability Index

Nina Kolyako, BC, Riga, 13.06.2016.Print version
On June 9, Ventspils nafta terminals Ltd (VNT) ranked in the platinum category in the 2016 Sustainability Index for the second year in a row and for the first time within the Sustainability Index gained the status of “Family friendly company”. At the event “Responsible idea market” the presentation of Ventspils nafta terminals about the initiative “Contractor safety improvement program” received the special award “Responsible business initiative of the year”, reported BC VNT’s press service.

Press photo.

VNT participates in the Sustainability Index for the fourth year, the achieved results is a direct testimony to the company’s high performance in corporate responsibility and sustainability, as well as to the company’s successfully implemented policy of coordinating employees’ work and family life.

 

VNT Managing Director Lars Pantzlaff emphasizes: “I am satisfied with the evaluation and would like to thank VNT’s employees for the professional teamwork, helping to achieve positive results. Despite the fact that often we face challenges on a local level, we are proving that corporate responsibility is a part of our daily work. To hold positions as an influential and dynamic market segment representative, we need to put thought into a modern company management approach. The participation in the Sustainability Index, the event “Responsible idea market” and the received status of “Family friendly company” describes the company’s culture, which manifests in relations with employees and cooperation partners.”

 

Sustainability Index is organised in Latvia for the seventh year, it is a strategic management instrument based on experience of the most influential global indices Dow Jones Sustainability Index and Business in the Community CR Index, and internationally recognised methodology in five categories: strategy, work environment, market relations, environment and society or the local community. Partners of the initiative are the Corporate Sustainability and Responsibility Institute, Employers’ Confederation of Latvia and the Free Trade Union Confederation of Latvia.

About VNT

 

VNT provides transit services – receipt, storage and handling of crude oil and petroleum products that come by pipelines, rail tank cars and tankers. VNT is a technologically advanced terminal and the largest crude oil and petroleum products transhipment company in the Baltic States with a total tank capacity of 1.2 million cubic meters.

 






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