Neste Oyj

Common Name
Neste
Country
Finland
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
6,396
Ticker
NESTE
Exchange
NASDAQ HELSINKI LTD
Description
Neste Oyj is a leading renewable fuels and oil refining company based in Finland. It primarily focuses on producing sustainable energy solutions by leveraging its expertise in renewable diesel and oth...

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 target 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Fuel Sold
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2030
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Fuel Sold
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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.

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.

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.

As of 2024, Neste is on track to meet its operational emissions reduction target, having achieved 47.56% of the planned reduction.

Neste's Operational (Scope 1+2) Emissions Pathway

2019202420300900 k1.8 M2.7 M3.6 MBaselineCurrent (-24%)Target 2030 (-50%)

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.

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.

As of 2024, Neste is lagging behind on its value chain emissions reduction target, having achieved 13.8% of the planned reduction.

Neste's Value Chain (Scope 3) Emissions Pathway

202020242030204000000Current (-7%)Target 2030 (-30%)Target 2040 (-50%)
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