climate and neste · we need to reduce the amount of carbon released in the atmosphere. we also...

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Climate and Neste Our journey to a carbon neutral world

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Page 1: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Climate and NesteOur journey to a carbon neutral world

Page 2: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Our journey from an oil refining company to the world’s largest provider of renewable diesel

Renewable Products

make up 51% of the

Neste’s profit

Neste becomes a

listed company

Neste

experiments to

develop 100%

renewable diesel

and applies for a

patent for NEXBTL

refining

technology

Total renewable

product capacity

close to 4.5 million

tons annually.

The new production

line in Singapore

capable of producing

also renewable

aviation fuel

Neste is

founded with

the purpose

to secure

Finland’s

oil supply 2007-2011

Renewable fuel plants in Porvoo,

Singapore and Rotterdam

1948 2005 20221996 2017

Production carbon

footprint reduced

ahead of EU’s climate

and energy targets

deadlines

2030

Page 3: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Our purpose

is to create a healthier

planet for our children.

Page 4: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

We need to reduce the amount of carbon released in

the atmosphere. We also need to innovate circular

solutions where carbon is reused, again and again.

Page 5: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

“We have 12

years to limit

climate change

catastrophe.” -IPCC

Page 6: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

We will help our customers

reduce their greenhouse gas

emissions by at least 20 million

tons every year by 2030.

Our promise:

Page 7: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

We will reduce carbon

footprint in production ahead

of EU’s climate and energy

targets.

Our promise:

Page 8: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

7.9million tons

Equaling

permanent removal of

from the roads

3 millionpassenger cars

Neste’s renewable fuels produced in 2018

reduced carbon emissions

Page 9: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again
Page 10: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Electric cars

in 2030

Page 11: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Electric cars

in 2030

Neste’s renewable

fuel production

in 2030

Page 12: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Electric cars

in 2030

Neste’s renewable

fuel production

in 2030

Global jet fuel

consumption

in 2030

Page 13: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Our strategy is to scale up faster and bolder

We broaden markets,

from road transport

and aviation to

polymers and

chemicals

We grow the waste

and residue raw

material and

production platforms

to maintain global

leadership

We are a solution

provider

for chemical

recycling

Page 14: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

14

80% waste

and

residues

Animal fat from

food industry

waste

Fish fat from

fish processing

waste

Vegetable oil processing

waste and residues(e.g. PFAD, PES, SBEO)

Technical

corn oil

Used

cooking oil

Palm oil Camelina oil Jatropha oilRapeseed oil Soybean oil

Extensive portfolio of globally-sourced

sustainable raw materials

Page 15: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

We accept only sustainably-produced renewable raw

materials from suppliers who

● meet our strict criteria and

● fully comply with the industry-specific regulatory

requirements in our key markets.

Page 16: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again
Page 17: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Waste and

residues account

for approximately

80% of Neste’s

renewable raw

material use

annually

All renewable raw

materials Neste

uses are

sustainably

produced* and

traceable to the

place of origin

Neste’s

renewable raw

material portfolio

consists of over 10

different waste

and residue oils

and fats and

vegetable oils

Products have

consistent high

quality

independent of

raw material used

Renewable raw materials

*Meeting or exceeding e.g. EU RED requirements

Page 18: Climate and Neste · We need to reduce the amount of carbon released in the atmosphere. We also need to innovate circular solutions where carbon is reused, again and again

Sustainability recognition

• The Global 100• Dow Jones Sustainability Indices (DJSI)• CDP Climate, Forests, and Water• STOXX® Global ESG Leaders• Ethibel EXCELLENCE Investment Register • RobecoSAM Bronze Class Sustainability Award 2018

https://www.neste.com/fi/node/913

Rating