Our key priorities
For companies operating in a market economy as Slovnaft does, economic and financial aspects are of paramount importance. Maintaining a strong financial position and credibility among investors are key components of a sustainable business model and an essential precondition for the company to become a “good citizen.”
In addition, long-term business thinking enhances our ability to flexibly adapt to changes that affect our activities. The most important challenges we have to face in the economic field are related to the life cycle of our products: reducing their environmental impact, improving their quality, the safety of products and production processes and increasing the share of renewable sources in our long-term portfolio. All improvements in these areas are based on the application of the latest available scientific knowledge and technology.
We are all part of the Earth’s ecosystem, which gives us the key prerequisites of our existence and survival. The basic obligations of Slovnaft Group, therefore, include the efficient use and protection of natural resources such as water, minerals and land. This also implies a strong need to reduce emissions, with special emphasis on climate change, waste reduction, water protection and the remediation of old environmental burdens from the past.
The social aspect of SD includes all areas and topics that relate to our partners, that is to say people affected by the company's activities such as local communities, employees and the general public. In this area, our priorities are to respect human rights and cultures, effective collaboration and knowledge- sharing as well as ensuring equal opportunities, on-going education and a safe workplace for each Slovnaft Group employee.