climate and neste · we need to reduce the amount of carbon released in the atmosphere. we also...
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Climate and NesteOur journey to a carbon neutral world
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
Our purpose
is to create a healthier
planet for our children.
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
We will help our customers
reduce their greenhouse gas
emissions by at least 20 million
tons every year by 2030.
Our promise:
We will reduce carbon
footprint in production ahead
of EU’s climate and energy
targets.
Our promise:
7.9million tons
Equaling
permanent removal of
from the roads
3 millionpassenger cars
Neste’s renewable fuels produced in 2018
reduced carbon emissions
Electric cars
in 2030
Electric cars
in 2030
Neste’s renewable
fuel production
in 2030
Electric cars
in 2030
Neste’s renewable
fuel production
in 2030
Global jet fuel
consumption
in 2030
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
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
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.
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
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