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Sustainability

Sustainability is integral both to NEO GROUP’s daily and long-term activities. We continually strive to minimise the environmental impact of our production, storage, transport and recycling. With ongoing environmental assessment across our activities, we can be sure of performing in the most effective and responsible way possible.

CSR Rating, June 2017  

UAB NEO GROUP was assessed by EcoVadis in the category Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Comparing to all the assessed aspects with other suppliers in EcoVadis platform, UAB NEO GROUP is:

Environment: in the TOP 29 % of suppliers assedded by EcoVadis in this category.

Labor Practices: in the TOP 21 % of suppliers assedded by EcoVadis in this category.

Fair Business Practices: in the TOP 14 % of suppliers assessed by EcoVadis in this category. 

Sustainable Procurement: in the TOP 7 % of suppliers assessed by EcoVadis in this category.

Overall between the other manufacturers of this industry: in the TOP 9 % of suppliers assessed by EcoVadis in this category.

Overall between companies of all industries assessed by EcoVadis: in the TOP 7 % of suppliers assessed by EcoVadis in all categories.

All elements of NEO GROUP products
are fully recyclable

With the NEO GROUP core business of PET resins, we value that it is an easily and commonly recycled material, with all elements of NEO GROUP products fully recyclable. While its main raw material is derived from petroleum, PET is widely considered to be among the most environmentally favourable packaging materials.

NEO GROUP’s Fast Reheat (FR) PET resins production is also strongly contributing to our sustainability focus. With ecological characteristics including savings on energy and carbon emissions for our customers’ production process and an improved blow moulding technique, our NEOPET FR products are smart and effective.

NEO GROUP works together with our national and multinational customers abnd suppliers to ensure that we are supporting their sustainability goals. By maintaining a focus on environmental performance across all our activities, customers can be sure that working with NEO GROUP and choosing NEOPET and NEOPOLYOL is the intelligent choice for today and tomorrow.

 

Sustainability is integral both to NEO GROUP’s daily and long-term activities. We continually strive to minimise the environmental impact of our production, storage, transport and recycling. With ongoing environmental assessment across our activities, we can be sure of performing in the most effective and responsible way possible.

NEO GROUP operates sustainably wherever and whenever possible, for the long-term benefit of our company, our customers, our neighbours and our world. We are proud of our high standards, with our renowned dedication to quality never more evident than in our impressive sustainability credentials.

We pay special attention to environmental protection across our production site and head office, with the long-term safety of our staff, our surrounding communities and the wider planet of equal high importance. NEO GROUP utilises our ever-increasing scientific and technological innovations to further boost our focus on sustainability, delivering fresh ways to improve our processes and practices.

NEO GROUP works with our neighbours to effectively communicate relevant information regarding safety, waste management and environmental issues.

A complete reports and additional information on these topics can be found here:

Safety information for neighbours  Environment report  Waste management report

Since 2011, NEO GROUP has also produced polyol, under the brand name NEOPOLYOL, which further cements our dedication to sustainability across our business. This strategic expansion into the chemical recycling of PET waste allows us to provide a complete solution that is both responsible and reliable. NEOPOLYOL is particularly suited to applications across the construction industry, with demand also coming from the other polyurethane applications as footwear and automotive.

NEO GROUP is proud to be an active part of the National Renewable Energy Resource Development Implementation plan, which has a strong focus on renewable energy development in Lithuania. Our company contributes to Directive 2009/28/EC, which is dedicated to the reduction of the country’s dependence on imported fossil fuels by ensuring the reliability of its supply. This is achieved in a number of tangible ways, most notably with the construction and implementation of our own biofuel heater, which has decreased our consumption of natural gas by around 70% and also considerably decreased our CO2 emissions from 40,000 tonnes in 2013 to 12,000 tonnes in 2016. NEO GROUP is also strongly supporting this Directive through the utilisation of local biofuel resources and creating new jobs.

We are also working with the international sustainability project SYMBIOPTIMA, with the collective goal of improving the overall sustainability of industrial processes from an economic, environmental and social perspective. Find out more about SYMBIOPTIMA at

www.symbioptima.eu .

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