Neste as an investment
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 2023, Neste's revenue stood at EUR 22.9 billion.
High-quality refining assets
Our complex refinery in Porvoo, Finland provides us a competitive advantage over many other refining companies.
Our renewable solutions are produced at the Porvoo, Rotterdam, and Singapore refineries, while diverse crude oil based products are refined in Porvoo. In addition, our plant in Sluiskil, the Netherlands, is specialized in pre-treatment of renewable raw materials for our renewable products refineries.
Strategic targets
We aim to become a global leader in renewable and circular solutions.
Favorable dividends
Neste’s target is to pay a competitive and over time growing dividend.
Financial targets
Reach 15% Comparable return on average capital employed after tax (Comparable ROACE).
Maintain leverage below 40%.
Fact sheet
View and download Neste’s fact sheet
Neste's dividend policy
Neste’s target is to pay a competitive and over time growing dividend.
Disclosure policy
Neste’s Disclosure policy outlines the central principles and procedures followed by the company in communicating with the media, capital markets, and other stakeholders.
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