Neova Oy
Neova Oy, a leading player in the renewable energy sector, is headquartered in Finland (FI) and operates extensively across Europe. Founded in 1996, the company has established itself as a pioneer in the production of sustainable bioenergy solutions, focusing on peat and other renewable resources. Neova Oy's core offerings include high-quality peat products for horticulture and energy generation, distinguished by their commitment to sustainability and innovation. The company has achieved significant milestones, including advancements in eco-friendly extraction methods and a strong emphasis on circular economy principles. With a robust market position, Neova Oy is recognised for its contributions to the green energy landscape, making it a trusted partner for businesses seeking sustainable solutions. Its dedication to quality and environmental responsibility sets it apart in the competitive renewable energy industry.
DitchCarbon Score
How does Neova Oy'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 Business Services 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
Neova Oy's score of 41 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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Neova Oy's reported carbon emissions
In 2023, Neova Oy reported total carbon emissions of approximately 3,460,000,000 kg CO2e. This figure includes 460,000,000 kg CO2e from Scope 1 emissions, 62,000,000 kg CO2e from Scope 2 emissions (with 26,000,000 kg CO2e attributed to market-based accounting), and a significant 3,014,000,000 kg CO2e from Scope 3 emissions. In 2022, the company recorded total emissions of about 2,221,000,000 kg CO2e globally, comprising 511,000,000 kg CO2e in Scope 1, 61,000,000 kg CO2e in Scope 2, and 2,214,000,000 kg CO2e in Scope 3. The emissions data for 2021 indicates a total of approximately 1,376,000,000 kg CO2e, with 583,000,000 kg CO2e from Scope 1, 62,000,000 kg CO2e from Scope 2, and 2,354,000,000 kg CO2e from Scope 3. Despite the substantial emissions figures, Neova Oy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions across all relevant scopes, demonstrating transparency in its climate impact reporting.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,200,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 12,466,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,200,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Neova Oy 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.
