Neste Oyj
Neste EU Taxonomy Data Preview
In 2024, Neste was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Neste has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Neste are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy 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 Revenues from Sustainable Activities
In 2024, Neste reported EU Taxonomy-eligible revenues of EUR 6.00 billion, representing 29% of its total turnover. Of this amount, EUR 5.31 billion of Neste's revenues was classified as EU Taxonomy-aligned, indicating that 26% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Neste's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Neste's revenues become more sustainable over time?
Compared to the previous year (2023), Neste's taxonomy-aligned revenues decreased by 7.14% , suggesting that Neste may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
How much of Neste's revenue is eligible under the EU Taxonomy?
In 2024, Neste reported that EUR 6.00 billion of its revenue was eligible under the EU Taxonomy, representing 29% of the company's total turnover. Of this amount, EUR 5.31 billion (26% of total revenue) was classified as Taxonomy-aligned. This means that 3% of Neste's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of Neste's eligible revenue is aligned with the EU Taxonomy?
In 2024, Neste reported that EUR 5.31 billion of its revenue was aligned under the EU Taxonomy, representing 26% of its total turnover.
This moderate level of alignment indicates that Neste has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Neste's Eligibility & Alignment Overview
Neste's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Neste's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Neste reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 26%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Neste earn from selling climate-related solutions ?
In 2024, Neste reported that EUR 5.37 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 26% of the company's total revenue, indicating that Neste has a moderate focus on solutions that support climate action through its commercial activities.
Insights into Neste's CAPEX from Sustainable Activities
In 2024, Neste reported EU Taxonomy-eligible CAPEX of EUR 1.42 billion, representing 71% of its total CAPEX. Of this amount, EUR 1.19 billion of Neste's CAPEX was classified as EU Taxonomy-aligned, indicating that 59% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Neste's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Neste's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Neste's taxonomy-aligned CAPEX decreased by 13.24%, suggesting that Neste may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of Neste's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Neste reported that EUR 1.42 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 71% of the company's total CAPEX. Of this amount, EUR 1.19 billion (59% of total CAPEX) was classified as Taxonomy-aligned. This means that 12% of Neste's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Neste's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Neste reported that EUR 1.19 billion of its CAPEX was aligned under the EU Taxonomy, representing 59% of its total capital investment.
This strong alignment suggests that Neste is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Neste's Eligibility & Alignment Overview
Neste's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Neste's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Neste reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 59%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Neste is investing in climate-related solutions?
In 2024, Neste allocated EUR 1.18 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 59% of the company's total capital expenditure, indicating that Neste is prioritizing climate-focused investments as a central part of its overall capital strategy.
Insights into Neste's OPEX from Sustainable Activities
In 2024, Neste reported EU Taxonomy-eligible OPEX of EUR 166.00 million, representing 56% of its total operating expenses (OPEX). Of this amount, EUR 144.00 million of Neste's OPEX was classified as EU Taxonomy-aligned, indicating that 49% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Neste's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Neste's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Neste's taxonomy-aligned OPEX increased by 22.5%, highlighting Neste's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of Neste's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Neste reported that EUR 166.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 56% of the company's total OPEX. Of this amount, EUR 144.00 million (49% of total OPEX) was classified as Taxonomy-aligned. This means that 8% of Neste's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Neste's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Neste reported that EUR 144.00 million of its OPEX was aligned under the EU Taxonomy, representing 49% of its total operational expenditure.
This moderate level of alignment indicates that Neste is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Neste's Eligibility & Alignment Overview
Neste's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Neste's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Neste reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 49%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of Neste's operational budget supports climate-related solutions?
In 2024, Neste allocated EUR 144.06 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 49% of the company's total OPEX, indicating that Neste is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.