sustainability · 4/11/2022

Neste moves up to take 2nd place in the ranking of most valuable brands in Finland

Neste Corporation, News, 11.4.2022 

Neste has been ranked as the 2nd most valuable Finnish brand in 2022 by Brand Finance, the world's leading independent brand valuation and strategy consultancy. According to the Brand Finance Finland 25 2022 ranking, Neste’s brand value increased 20% to EUR 2.2 billion between 2021 and 2022. As a result, Neste rose from 3rd to 2nd place in 2022 in the annual Brand Finance ranking of Finnish brands. 

This year's evaluation marks the first time Neste has achieved the title of 2nd most valuable Finnish brand in the Brand Finance ranking that evaluated the top 25 most valuable Finnish brands. Brand Finance has calculated the brand value of the Neste brand five times between 2018 and 2022.

Every year, Brand Finance evaluates 5,000 of the world’s biggest brands. In the Brand Finance Finland 25 2022 report, the Finnish brands were evaluated with Royalty Relief methodology focusing on the areas of Brand Strength, Royalty Range and Forecast Revenues. 

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2021, Neste's revenue stood at EUR 15.1 billion. Read more: