Neste is a Finnish oil refiner and renewable fuels producer headquartered in Espoo, operating refineries in Porvoo, Rotterdam, and Singapore.
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Neste is a major refiner with strong disclosure but worsening emissions and downgraded targets. Operational emissions rose 11.7% in 2023; December 2025 saw the firm push its 50% reduction target from 2030 to 2035 and replace carbon-neutral production with an 80% reduction target by 2040. Supply chain deforestation claims remain unresolved.
Neste scores 23/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Fees pay for the review, never the result. Last verified May 2026.
That places Neste joint 767th of 847 companies scored, and 2nd of 16 in Oil & Gas.
Where Neste sits among oil & gas peers.
Among the 16 major oil & gas brands we've scored, Neste sits 2nd of 16.
Its three lowest-scoring questions, and what the evidence didn't show.
Operational emissions (Scope 1+2) increased 11.67% from 2022 to 2023.
However, only 16.1% of total energy (45.36 million GJ) came from renewable sources in 2023.
Use-phase target (50% intensity by 2040) is intensity-based, not absolute.
A score changes when the evidence does. We use new published evidence at the next rescore. Evidence that isn't public can count through an evidence review.
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Get in touch →Strongest on Carbon Footprint — Operations and Transparency & Accountability (7/10, 7/10). Weakest on Emissions Trajectory and Energy Source (2/10, 3/10).
The one company in the sector scoring above Neste.
See the full Oil & Gas table →The formula and all 12 sources.
Same ten questions for every company. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × Scale12 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
6 of 12 sources are independent of the company.
If you believe a source has been misread or a newer version exists, submit a challenge.
Neste is a Finnish oil refiner and renewable fuels producer headquartered in Espoo, operating refineries in Porvoo, Rotterdam, and Singapore. Founded in 1948, it employs approximately 5,030 people. The company processes crude oil and waste-based feedstocks (used cooking oil, animal fats, palm fatty acid distillate) into conventional and renewable products, positioning itself as a transition player in the energy sector.
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