Sustainability at Neste

Reduce GHG emissions in our own operations (scope 1 and scope 2) by 80% by 2040 compared to 2019 levels. Interim targets: 24% by 2030 and 50% by 2035. 

Reduce the use-phase GHG emission intensity of sold products by 50% by 2040 compared to 2020 levels (scope 3)*.

_{*) 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).}

We

• aim to generate  a net positive impact (NPI) on biodiversity for all new direct operations, with implementation of the NPI approach  from 2025 onwards, and

• aim at  no net loss (NNL) of biodiversity from our existing operations and plan to implement an approach to ensure this  by 2035.

We

• commit to paying all of our employees 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 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. This includes advancing diversity, equity and inclusion in our own business and supply chains.

• ensure respect for human rights across Neste’s operations and value chains by carrying out ongoing human rights due diligence to identify, assess and address adverse human rights impacts and communicate on our performance.

We

• expect all our suppliers and business partners to commit to Neste Supplier Code of Conduct requirements.

• include social, environmental and ethical criteria for suppliers as we drive diversification and increased availability of sustainable raw materials.