NEOT (North European Oil Trade)
NEOT, or North European Oil Trade, is a prominent player in the oil and energy sector, headquartered in Finland (FI). Established in 2018, the company has rapidly expanded its operations across the Nordic and Baltic regions, focusing on the trading and logistics of oil products. NEOT is distinguished by its commitment to sustainability and innovation, offering a diverse range of services that include wholesale trading, storage, and transportation of refined oil products. The company has achieved significant milestones, positioning itself as a reliable partner in the energy market. With a strong emphasis on customer-centric solutions and a robust supply chain, NEOT has carved out a notable market position, contributing to the evolving landscape of energy trade in Northern Europe.
DitchCarbon Score
How does NEOT (North European Oil Trade)'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Transport Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
NEOT (North European Oil Trade)'s score of 34 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NEOT (North European Oil Trade)'s reported carbon emissions
In 2023, NEOT (North European Oil Trade) reported carbon emissions of approximately 18,129,917,000 kg CO2e, all of which fall under Scope 3 emissions, specifically from the use of sold products. The company has consistently reported zero emissions for Scope 1 and Scope 2 across the years. From 2017 to 2023, NEOT's Scope 3 emissions have shown fluctuations, with a peak of about 21,530,000,000 kg CO2e in 2019. Notably, emissions from business travel have remained relatively low, with figures around 49,000 kg CO2e in 2023 compared to 67,000 kg CO2e in 2017. Despite the absence of specific reduction targets or initiatives disclosed, NEOT's commitment to sustainability is evident in their ongoing monitoring and reporting of emissions. The company has not set formal science-based targets or climate pledges, indicating a potential area for future development in their climate strategy. Overall, NEOT's emissions profile highlights the significant impact of their operations on the environment, particularly through Scope 3 emissions, and underscores the importance of establishing clear reduction commitments moving forward.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - |
| Scope 2 | 550,000 | 000,000 | - | - | - | - | - |
| Scope 3 | 20,650,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
NEOT (North European Oil Trade) is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
