Neste Corporation, commonly known as Neste, is a Finnish company headquartered in Espoo, Finland (FI). Founded in 1948, Neste has established itself as a leader in the renewable fuels and chemicals industry, with significant operations across Europe, North America, and Asia. The company is renowned for its innovative approach to producing sustainable solutions, including renewable diesel, sustainable aviation fuel, and various biochemicals. Neste's commitment to sustainability and circular economy principles sets it apart in the market, as it utilises advanced technologies to convert waste and residues into high-quality products. With a strong focus on reducing greenhouse gas emissions, Neste has achieved notable milestones, including being ranked as the world's most sustainable company in the energy sector. As a pioneer in renewable solutions, Neste continues to drive the transition towards a more sustainable future.
How does Neste'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.
Mean score of companies in the Gas/Diesel Oil 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.
Neste's score of 38 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Neste reported total carbon emissions of approximately 58,000,000,000 kg CO2e, comprising 2,291,000,000 kg CO2e from Scope 1, 463,000,000 kg CO2e from Scope 2, and 58,000,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from the use of sold products, accounting for about 47,700,000,000 kg CO2e. Neste has made significant climate commitments, including signing the Amazon Climate Pledge in December 2020, which underscores their dedication to reducing carbon emissions and addressing climate change. However, specific reduction targets have not been disclosed. The company continues to focus on sustainability and aims to enhance its environmental performance across all operational scopes.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2011 | 2012 | 2013 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
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Scope 1 | 3,694,100,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 434,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Neste is committed to some reduction initiatives 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.