SIA Neste Latvia Sustainability Profile
SIA Neste Latvia, a subsidiary of the global leader Neste Corporation, is headquartered in Latvia (LV) and operates primarily in the Baltic region. Founded in 2010, the company has established itself in the renewable energy sector, focusing on sustainable solutions for transportation and industrial applications. Neste Latvia is renowned for its high-quality renewable diesel and sustainable aviation fuel, which are produced from waste and residue materials. This innovative approach not only reduces greenhouse gas emissions but also supports the transition to a circular economy. With a strong commitment to sustainability, SIA Neste Latvia has achieved significant milestones, positioning itself as a key player in the renewable fuels market. Its dedication to environmental responsibility and cutting-edge technology has garnered recognition, making it a trusted partner for businesses seeking eco-friendly energy solutions.
DitchCarbon Score
How does SIA Neste Latvia'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 Petroleum Products 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
SIA Neste Latvia's score of 69 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SIA Neste Latvia currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Neste Oyj, which may influence its climate commitments and performance metrics. While SIA Neste Latvia has not outlined specific reduction targets or initiatives, it is important to note that emissions data and climate strategies may be cascaded from its parent company, Neste Oyj. Neste Oyj is known for its commitment to sustainability and has set ambitious climate goals, which may indirectly impact SIA Neste Latvia's operations and emissions management. As a subsidiary, SIA Neste Latvia may align with the broader corporate strategies of Neste Oyj, which includes participation in initiatives such as the CDP (Carbon Disclosure Project) and potentially other climate pledges. However, specific details regarding SIA Neste Latvia's individual commitments or performance metrics remain unspecified. In summary, while SIA Neste Latvia does not currently report emissions data or specific reduction targets, its affiliation with Neste Oyj suggests a commitment to sustainability and climate action, reflecting the industry's growing focus on reducing carbon footprints and enhancing environmental responsibility.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is SIA Neste Latvia's Industry?
How Carbon Intensive is SIA Neste Latvia's Location?
SIA Neste Latvia's Scope 3 Categories Breakdown
SIA Neste Latvia's Scope 3 emissions, which decreased by 3% last year and increased by approximately 24% since 2012, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 80% of Scope 3 emissions.
Top Scope 3 Categories
SIA Neste Latvia's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SIA Neste Latvia has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
