Our Social Impact

Getting to Know Our People

Diversified Excellence

Our global operations consist of employees from diverse backgrounds, encompassing a variety of languages, religions, cultures, and personal interests. This rich diversity within our workforce provides Neo with invaluable advantages, such as heightened creativity, innovation, and problemsolving capabilities, as well as the capacity to cater to a wider range of customers and communities. It also cultivates a more inclusive workplace, fostering a sense of belonging and respect for all employees.

Neo’s commitment to doing the right thing and delivering high-quality products that address the world’s challenges in materials technology and sustainable transition has made this diversity possible. This steadfast dedication has nurtured long-standing partnerships with numerous executive and operational leaders, spanning nearly three decades through Neo and its predecessor companies. These robust relationships, combined with our consistently low employee turnover rates, attest to the efficacy of our approach.

Global Headcount by Group

No Data Found

Global Headcount by Region

No Data Found

Ethical Business Practices


Diversity, Equal Opportunity, and Non-Discrimination

3 out of 10

Neo employees are designated Management

1 out of 6

Neo Management staff are female

1 out of 7

Neo employees are designated Management

9 out of 10

Operating facilities are led by employees of the host country

Age of employees

Ethical Business Practices

Collective Bargaining

83 employees at the Sillamäe facilities are unionized employees.

Neo does not discourage any of its employees at the remaining locations from forming labor associations. Neo has supported and will continue to support its employees’ right to freedom of association through its published Human Rights Policy and Code of Conduct and Business Ethics. By promoting a culture of inclusivity and respect for all employees, Neo aims to create a positive and fulfilling work environment that benefits both its employees and the company as a whole.

Minimum Notice Periods regarding Operational Changes

Neo places a high value on ethical and lawful business practices, and this includes adhering to the labor laws and guidelines of each jurisdiction where the company operates. This commitment ensures that the company’s operations are carried out in a responsible and legal manner, and that its employees are treated fairly and equitably. To achieve this, Neo has implemented robust policies and procedures that are designed to comply with local labor laws and regulations.

Rights of Indigenous Peoples

Neo’s corporate team acknowledges the traditional territories of indigenous peoples in Canada, the United States, Greenland and all jurisdictions we operate in. This is a reminder to support indigenous rights, including their rights to self-determination, cultural preservation, and land stewardship.

Neo has identified zero (0) incidents of violations involving the rights of indigenous peoples during the reporting period.


Our Goal

At Neo, we attach considerable importance to offering comprehensive training for our employees across diverse domains, encompassing health and safety, skill enhancement, career development, and ESG-related subjects. By allocating resources to proficient training programs, we ascertain that our employees possess the requisite knowledge and expertise to execute their tasks safely, efficiently, and in harmony with our ethical and environmental principles. Our training initiatives not only uphold our benchmarks for ethical conduct and social awareness but also foster a culture of sustainability and accountability throughout our organization. This empowers our employees to contribute meaningfully to our collective commitment to environmental stewardship and social responsibility.


Average training hours per employee (hour) in 2020


Total estimated training cost (thousand $USD) in 2020

Safety training programs are designed to identify and mitigate potential workplace hazards, educating employees on safe practices and procedures to prevent and address accidents. Skills development training initiatives enable our employees to expand their expertise and stay up-todate with the latest technologies and best practices in their respective fields, resulting in improved job performance and satisfaction. Meanwhile, environmental training programs strive to raise awareness about the environmental impacts of our operations and products, teaching employees how to minimize waste, conserve resources, and champion sustainability.

Promotion and Career Development

At Neo, we recognize that our employees are our most valuable asset, and we are dedicated to supporting their growth and development. We prioritize promoting from within our organization, aiming to provide opportunities for our employees to advance their careers and realize their full potential. We invest in ongoing training and development programs to equip our employees with the skills and knowledge required for success, fostering a culture of continuous learning and improvement. In 2022, a total of 50 employees received internal promotions.