Neste

Neste's reported carbon emissions

Neste, a company operating in the Gas/Diesel Oil industry with headquarters in FI, has outlined substantial climate commitments and reported its carbon emissions across various scopes. **Emissions Data:** For the reporting year 2025, Neste reported a total of approximately 54.7 billion kg CO2e. This comprised: * **Scope 1:** Approximately 2.67 billion kg CO2e. * **Scope 2:** Approximately 412 million kg CO2e (market-based). * **Scope 3:** Approximately 51.6 billion kg CO2e, with the largest contributions from the use of sold products (about 42.2 billion kg CO2e) and purchased goods and services (about 5.07 billion kg CO2e). In 2024, total emissions were approximately 59.2 billion kg CO2e, including Scope 1 at about 2.29 billion kg CO2e, Scope 2 at about 393 million kg CO2e (market-based), and Scope 3 at approximately 56.5 billion kg CO2e. **Climate Commitments and Reduction Targets:** Neste has set ambitious targets to reduce its environmental impact: * **Carbon Neutral Production:** The company aims to achieve carbon neutral production by 2035. * **Scope 1 & 2 Emission Reduction:** Neste is committed to reducing its absolute greenhouse gas (GHG) emissions in its own production (Scopes 1 & 2) by 50% by 2030, using 2019 as a baseline. This target is being tracked and considered on track for both the two-year and five-year outlooks in some reports. * **Use Phase Emission Intensity Reduction:** Neste aims to reduce the use-phase emission intensity of sold products (Scope 3) by 50% by 2040, compared to 2020 levels. The company is also working with suppliers and partners to reduce GHG emissions across its value chain. * **Net-Zero Ambition:** Neste recognises the need to contribute to global net-zero GHG emissions by 2050, aligned with the goals of the Paris Agreement. Neste is a signatory to the Climate Pledge.