Sustainability
Environmental Stewardship, Driven by Innovation
At Neapco, we recognize the connection between environmental stewardship and innovation. With the emergence of new eco-friendly technology and the increasing adoption of electric vehicles, we have the opportunity to lead our industry toward a safer, more sustainable future.
We are fully committed to protecting the environment, preventing pollution, fulfilling our environmental compliance obligations, being a good corporate citizen and continually improving our Environmental Management System.
Environmental
As we invest in building cutting-edge low-carbon products, we are continually assessing how we can diminish the impact of our processes and facilities on the planet. We’ve created global teams across the organization to focus on several key sustainability topics.
Committed to reducing the greenhouse gas emissions associated with our operations, our inventory aligns with universally accepted methodology — ensuring that our figures are as accurate as possible.
Greenhouse Gas Emissions
Neapco tracks energy consumption as part of our greenhouse gas inventory. We continue to monitor energy consumption from all relevant sources to identify opportunities for improvement.
Energy Management
Throughout the year, we gather data on our waste procedures to continually improve the operations within the supply chain. The systems we implement always aim to improve our quality and output.
Waste Management & Circular Economy
Throughout the year, we gather data on our waste procedures to continually improve the operations within the supply chain. The systems we implement always aim to improve our quality and output.
Water & Wastewater Management
GHG Emission
GHG Emission: Neapco realized an absolute 34.5% Scope 1 and 2 GHG emissions reduction from the 2021 baseline.
Energy Consumption
Neapco reduced its energy consumption by 24%.
Waste
Neapco facilities recycled 86% of its total waste in 2022.
Social
Over the past 100 years, Neapco has embraced change and fostered a culture where all team members feel safe and respected, and have a sense of belonging.
The health and safety of our worldwide team is our top priority. We strive to maintain conditions exceeding local safety standards and improve policies and procedures to prevent work-related injuries.
Team Member Health & Safety
Our Global Belonging Council captures the voices and experiences of our global team members to build a more diverse, inclusive workplace community where safety and belonging are prioritized.
Diversity & Belonging
We aim to elevate team member engagement through Global Belonging Council initiatives — including events, rewards, and career development opportunities — and the implementation of a global engagement strategy.
Team Member Engagement & Retention
A variety of training sessions are scheduled annually and are available to all Neapco team members globally — ensuring that safety and productivity are always a focus.
Training, Education & Development
Risk Management & Innovation
Under the leadership of the COO, we routinely conduct industry and gap analyses to identify and mitigate risks for Neapco and our customers — strengthening our short-term and long-term initiatives. We also work to cultivate an environment of creativity and innovation that keeps our processes and products ahead of the curve.
Corporate Governance & Oversight
Because Neapco is privately owned by a single owner, we do not have a Board of Directors. Instead, the Executive Team fills many of the same roles and responsibilities, especially those focusing on strategic oversight of the company as a whole.
Supplier Engagement
We hold our partners to the highest level of integrity and prohibit the use of forced labor and human trafficking in all operations and supply chains. As we strengthen our ability to assess our impacts internally, we also look for ways to help our suppliers.