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 Waste Data Preview

In 2023, Neste conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Neste's Waste Treatment Practices

In 2023, Neste generated a total of 301,200 metric tonnes of waste.

Of this amount, 28.81% of Neste's total waste generated was recovered through methods such as recycling, reuse, or composting, while 71.24% was disposed of through landfilling, incineration, or combustion.

Neste's Waste Recovery Rate

29%

How much of Neste's waste is recycled or recovered?

In 2023, Neste reported a total waste generation of 301,200 metric tonnes, of which 28.81% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Neste is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Neste reduced its environmental waste footprint over time?

Since 2021, Neste's total waste generation increased by 63.25%, including a 2.45% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.

Over the same period, Neste's waste recovery rate increased by 176.33%.

Neste’s Waste Recovery vs. Disposal Over Time

20222023080 k160 k240 k320 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Neste’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Neste generated a total of 301,200 metric tonnes of waste.

Of this amount, 76.36% of Neste's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 23.64% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Neste’s Hazardous vs Non-Hazardous Waste Over Time

202120222023080 k160 k240 k320 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Neste reduced the environmental impact of its waste?

Since 2021, Neste's total waste generation increased by 63.25%, including a 2.45% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, Neste reduced the hazardousness of its waste by 12.27%, with a further 13.32% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.

Overall, Neste is generating more waste but has significantly reduced the share of hazardous materials, suggesting a partial decoupling of volume and toxicity that could reflect more responsible inputs or enhanced treatment.

How does Neste treat its hazardous waste?

In 2023, Neste reported that 230,000 metric tonnes of its total waste output were classified as hazardous. This represents 76.36% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. Only 9.3% of hazardous waste was recovered, meaning the vast majority was treated through disposal methods such as landfilling or incineration. This raises concerns about the environmental and health risks associated with Neste’s current hazardous waste practices.

Breakdown of Neste's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(69.3%)Hazardous WasteRecovered(7.1%)Non-Hazardous WasteRecovered(21.7%)
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