Neste is a major refiner with strong disclosure but worsening emissions and downgraded targets. Operational emissions rose 11.7% in 2023; December 2025 saw the firm push its 50% reduction target from 2030 to 2035 and replace carbon-neutral production with an 80% reduction target by 2040. Supply chain deforestation claims remain unresolved.
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SINK = (0.3 × Base + 0.7 × Performance) × ScaleStrongest on Carbon Footprint — Operations and Transparency & Accountability (7/10, 7/10). Weakest on Emissions Trajectory and Targets & Commitments (2/10, 3/10).
12 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.
6 of 12 sources are third-party verified or public record.
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Among the 10 major oil & gas brands we've scored, Neste sits 1st of 10.
Score history begins 5 April 2026.
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Neste is a Finnish oil refiner and renewable fuels producer headquartered in Espoo, operating refineries in Porvoo, Rotterdam, and Singapore. Founded in 1948, it employs approximately 5,030 people. The company processes crude oil and waste-based feedstocks (used cooking oil, animal fats, palm fatty acid distillate) into conventional and renewable products, positioning itself as a transition player in the energy sector.
Peer major oil refiner also revising climate targets downward under energy transition pressure
View breakdown →European integrated energy company balancing legacy fossil refining with renewable fuels strategy
View breakdown →Oil major facing similar deforestation supply chain allegations and target credibility challenges
View breakdown →European refiner with renewable fuels portfolio and comparable scope-three carbon intensity reporting
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