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Our approach to biodiversity and nature-related impacts

Our business is dependent on natural resources and healthy ecosystems, which are essential for people, the planet and business long-term resilience. Land, water and mitigating environmental impacts from pollution are key focus areas of our biodiversity work.

Neste aims to drive a positive impact on biodiversity in its operations and in its value chain. We are taking a proactive, comprehensive and a phased approach to biodiversity:

  • Net Positive Impacts (NPI) from new activities: We aim to generate a net positive impact on biodiversity for all new direct operations, with implementation of the NPI approach from 2025 onwards.

  • No Net Loss (NNL) from all ongoing activities: We aim at no net loss of biodiversity from our existing operations and plan to implement an approach to ensure this by 2035.

  • Nature Positive Impact throughout our value chain by 2040: We continue to seek effective collaboration across t our value chain to avoid impacts on biodiversity and create a positive impact on nature.

To achieve these goals, we apply the mitigation hierarchy to manage our biodiversity impacts in a structured, stepwise manner. Our efforts are concentrated on managing risks to biodiversity in key focus areas where our operation and sourcing activities can have the most significant impacts: land, water and pollution.

Understanding nature-related dependencies, impacts and risks is an ongoing focus. These assessments inform our priority actions to address significant impacts, particularly in the key focus areas relevant to our business. We continuously strengthen our sustainability practices and environmental due diligence to manage nature-related issues effectively.

Systematic monitoring of the environment

Our refineries are located next to waterways. Porvoo refinery is located close to natural habitats. Therefore our environmental monitoring is particularly systematic at the Porvoo refinery.

Deforestation risk in our supply chain

While Neste does not use crude or refined palm oil in the production of its renewable products, we do continue to purchase waste and residues generated in palm oil production processes.

Since 2017, we have been developing the traceability of our PFAD supply chains. This involves identifying all supplying mills and, based on a risk-calibrated traceability to plantation approach, prioritizing and directing our due diligence efforts toward the highest-risk supply areas. Read more: Traceability information on Neste’s PFAD supply chain Supplier engagement Traceability and PFAD dashboard