On behalf of the Board of Directors of Neo Performance Materials, I am pleased to introduce Neo’s second annual Sustainability Report. Neo’s inaugural Sustainability Report was an important step on our journey of continuous improvement and increasing transparency for our stakeholders. While we were gratified with the warm reception of the 2021 report, for this second report Neo aimed to provide a fuller picture by adding new social and governance data while enhancing the depth of coverage for environmental metrics. I am proud to see the company’s expanded efforts and reporting.
2022 was a year of considerable progress for Neo on many fronts. Despite a challenging operating environment, Neo met customer needs for timely delivery, consistent product quality, customer service, and innovation, while advancing our longstanding commitment to corporate governance, health, environment, safety and sustainability. This report’s data, examples, and narratives demonstrate the focus and accountability Neo brings to important ESG standards, as we are committed to do for these and other key performance goals.
At Neo, our business strives to accelerate the world’s transition to greener and smarter technologies while maintaining our own commitment to sustainable technologies and practices. Let me close by thanking our employees all around the globe who are powering Neo on our journey.
We re-affirm Neo’s continued support and subscription to the UN Global Compact in 2023, ensuring our continued commitment and effort towards this initiative. Neo has thus far upheld the UN Global Compact’s Ten Principles and has made significant developments including the recent Human Rights and Responsible Procurement Policy adopted by our Board of Directors.