Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. Neste refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. It is the world’s leading producer of sustainable aviation fuel and renewable diesel, developing chemical recycling to combat the plastic waste challenge. Neste aims at helping customers to reduce their greenhouse gas emissions with its renewable and circular solutions by at least 20 million tons annually by 2030. The ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials: it has committed to reaching carbon-neutral production by 2035, and to reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and supply chain, and has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste’s revenue stood at EUR 25.7 billion.
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