Neste

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Neste in brief Neste (NESTE, Nasdaq Helsinki) uses science and innovative technology to transform waste and other resources into renewable fuels and circular raw materials. The company creates solutions for mitigating climate change and accelerating a shift to a circular economy. Being the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, the company aims to help its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030. The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the CDP and the DJSI lists of the world’s most sustainable companies. In 2023, Neste's revenue stood at EUR 22.9 billion. Read more: neste.com

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Neste Media Desk
You can reach us during office hours on weekdays (Finnish time) between 8.30 - 16.00, or via email at media@neste.com
+358 800 94025

Hanna Maula

Senior Vice President, Communications, Sustainability and Public Affairs

hanna.maula@neste.com

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Neste renews Green Finance Framework

Wed, Feb 14, 2024 12:05 CET

Neste Corporation, News, 14 February 2024Neste has published a renewed Green Finance Framework to align future financing activities with market best practices and standards.Neste published its first Green Finance Framework in 2021 and since then has issued four green bonds totalling EUR 2.1 billion and entered into one green term loan of EUR 500 million. The proceeds from green finance have been allocated to renewable and circular solution projects including Neste’s Singapore refinery expansion, Rotterdam refinery expansion and Martinez Renewables joint operation. Further information is

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