Neste’s strategy
At Neste, our aim is to be a global leader in renewable and circular solutions. We are continuing our growth and transformation as the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner as a producer of more sustainable raw material solutions for the polymers and chemicals industry. We are committed to:
- Reducing our customers’ greenhouse gas emissions every year by at least 20 million tons CO2 equivalent by 2030.
- Reaching carbon neutral production by 2035.
- Reducing the use phase emission intensity of sold products by 50% by 2040 compared to 2020 levels.
Our strategy and four core themes define our focus in the rapidly changing business environment:
- Grow renewable and circular solutions. We continue to serve existing and new customers in the road transport, aviation and polymers and chemicals markets on our journey to create a healthier planet for our children. We will further grow our production capacity and continue to proactively develop and pilot new sustainable solutions. We will strengthen and expand our renewable and recycled raw material supply.
- Create new markets to drive long-term growth. We innovate and commercialize new scalable renewable and circular solutions for the next phases of growth. We tap into new raw material sources and open up new avenues of growth for Neste. We continue having a strong presence in our key markets globally, while creating opportunities also in new markets, to serve our customers.
- Drive differentiation and value creation. We continue to drive differentiation by developing our ability to source and process a wide variety of raw materials. We will develop next-generation technologies and solutions according to our vision of leading the way towards a sustainable future together. We will also develop our customer-facing activities for creating superior value for our customers.
- Strengthen our foundation. We will further drive long-term competitiveness by ensuring scalability of our processes and efficiency of our operations. We will intensify efforts to ensure consistently safe operations, and we will drive our digital capabilities. We continue to ensure high standards in sustainability and strive towards our sustainability vision. Safety remains at the heart of our operations – every day, everywhere.