Neste ranked as the 2nd most valuable Finnish brand for the third time
Neste Corporation, News, 13 February 2024
For the third consecutive year, Neste has been ranked as the 2nd most valuable Finnish brand by Brand Finance, the world's leading independent brand valuation and strategy consultancy.
According to the Brand Finance Finland 25 2024 ranking published in February, Neste's brand value has increased by 13% to reach EUR 3.2 billion. The previous assessment was published in April 2023.
Brand Finance has calculated the brand value of the Neste brand seven times between 2018 and 2024. Brand Finance evaluates 5,000 of the world’s biggest brands annually. In the Brand Finance Finland 25 2024 report, Finnish brands were evaluated with the Royalty Relief methodology focusing on the areas of Brand Strength, Royalty Range and Forecast Revenues.
Further information: Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/for-media/releases-and-news/subscribe.
Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials.
As the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, Neste helps its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.
The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has 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. Read more: neste.com
