Neste Oyj
Neste's Climate Target Data Preview
As of 2024, Neste has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Neste's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Fuel Sold | 0000000 | 2030 |
Intensity-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Fuel Sold | Copy/Paste is a PRO feature. a | 2040 |
Verified Sources Behind Neste’s Climate Targets Data
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Insights into Neste's Greenhouse Gas Emissions Pathways
As of 2024, Neste has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does Neste have a target to reduce the emissions from its operations?
As of 2024, Neste has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Neste's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 3,520,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2024, Neste is on track to meet its operational emissions reduction target, having achieved 47.56% of the planned reduction.a
Neste's Operational (Scope 1+2) Emissions Pathway
Does Neste have a target to reduce the emissions from its value chain?
As of 2024, Neste has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Neste's most ambitious value chain target is to reduce these emissions by 50% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Fuel Sold in 2020.a
As of 2024, Neste is lagging behind on its value chain emissions reduction target, having achieved 13.8% of the planned reduction.a