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Sustainability vision
 Sustainability
Neste sets high standards for climate, biodiversity, human rights, as well as its supply chain
and raw materials and together with its partners is aiming at a carbon neutral and nature
 
positive value chain.
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Our sustainability vision, with its key focus areas, pushes our strategic actions forward. It is
crucial especially in a world where issues are increasingly interlinked. Since the launch of our
broadened sustainability vision in 2021, we have made progress on many fronts, and we
continue to take concrete actions persistently.

Climate

We lead transformation towards a carbon neutral value chain by 2040.

We are committed to

• reduce our customers’ greenhouse gas emissions by at least 20 million tons annually by
2030 with our renewable and circular solutions.
• reduce emissions in our own production (scope 1 & 2) by 50% by 2030 compared to 2019
 • reduce emissions in our own production (scope 1 & 2) by 50% by 2030 compared to 2019
level, and reach carbon neutral production by 2035. Sustainability

• reduce the use phase emission intensity of sold products by 50% by 2040 compared to
 2020 levels.
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• work with our suppliers and partners to reduce emissions across the entire value chain
(scope 3).

Biodiversity

Biodiversity is closely interlinked with the question on climate change. Our vision now is to
drive a positive impact on biodiversity and achieve a nature positive** value chain.

We

• aim at creating net positive impacts (NPI) for biodiversity from new activities from 2025
onwards.
• target no net loss (NNL) of biodiversity from all ongoing activities by 2035.

Human Rights

Neste strives to create a more equitable and inclusive value chain by 2030 in which everyone
works with dignity.

We

• commit to paying all of our employees at least a living wage, take action to promote living
wages in Neste’s supply chains, and require strategic contractors and suppliers to pay their
employees a living wage by 2030.
• commit to and promote the Employer Pays Principle, with implementation in high-risk areas
by 2030, to ensure that no worker pays for a job and the costs of recruitment are paid for by
the employer, not the worker.
• work together with our stakeholders to increase children’s access to education by 2030,
and promote respect for children’s rights by actively supporting and participating in
initiatives aimed at keeping children in school.
• reduce inequalities across the value chain and address the root causes of systemic human
rights issues by 2030.

Supply chain & raw materials

Neste drives safe and healthy workplace, fair labor practices and increased sustainability
commitment across the supply chain.
 commitment across the supply chain.
Sustainability
We

 of suppliers and other business partners to be committed to Neste Supplier

• require 100%
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Code of Conduct and have the best-in-class grievance processes. Menu

• include human rights, biodiversity and climate targets as key criteria for suppliers as we
drive diversification and increased availability of sustainable raw materials.

Want to know more about our sustainability vision?

CHECK OUT THE SUSTAIN ABILIT Y REPORT

*) Use phase emission intensity is calculated by dividing the emissions from the use of products sold by Neste with the total
amount of sold energy (gCO2e/MJ).
**) Nature positive aims at halting and reversing nature loss, positive impacts outweighing the adverse impacts.

SUSTAIN ABILIT Y VISION

Salla Ahonen, Neste’s VP, Sustainability, dives deeper into Neste's

sustainability vision.

READ THE BLOG

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SUSTAIN ABILIT Y REPORT

Sustainability vision at Neste's Sustainability Report

READ MORE

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