For Vopak, sustainability means striking the right balance between the three Ps of business:
People refers to the impact a company has on employees and society in general. Planet indicates that companies have a responsibility to reduce environmental impact. Profit comprises such traditional indicators as sales and turnover as well as less traditional indicators.
People
At Vopak, we see it as our responsibility to provide a safe and healthy environment for our employees. Constantly improving the working conditions and monitoring the effectiveness of controls form the groundwork for our health and safety policy. What is more, we feel a strong responsibility to respect human rights…
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Planet
Our company does not produce or transport products. We provide conditioned storage services and, as such, we are responsible for our terminals and the products we store. Our methods have always focused on preventing spills and emissions and complying with operating permit requirements and legislation. We are working to standardize our approach globally so that we may better understand any environmental and operational impact we cause…
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Profit
Vopak needs to be profitable to be a sustainable company on the long term. For this reason, we maintain a course that follows ‘traditional’ indicators such as profit, cash flow, and shareholder return. However, we also emphasize less traditional indicators including the prevention of corruption and bribery, support for local communities, total tax contribution, sponsoring, innovation, customer satisfaction, fair pricing, and many others…
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