Neste’s strategy

Our aim is to deliver outstanding value with renewable and circular solutions. We are continuing our growth and transformation as the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner as producer of more sustainable raw material solutions for the polymers and chemicals industry. We are committed to:

  • Reducing our customers’ greenhouse gas emissions every year by at least 20 million tons CO2 equivalent by 2030.
  • Reaching carbon neutral production by 2035.
  • Reducing the use phase emission intensity of sold products by 50% by 2040 compared to 2020 levels.

At the core of our strategy “Taking charge of change” are profitable growth and efficiency.

Profitable growth

  • Expand global raw material base. We will continue to grow and strengthen our position in the waste and residues value chain, novel vegetable oils and liquefied waste plastics.
  • Grow in attractive markets. By strengthening our presence in selected markets, we can better serve our customers and help them thrive. This will be true for all businesses but especially in areas of aviation, and polymers and chemicals.

Efficiency

  • Increased optionality and value creation. By enhancing our optionality in raw materials, products and markets, we can better adapt to dynamic business environments and strengthen our end-to-end optimization capabilities. This elevates our competitive edge but also amplifies our proficiency in navigating market dynamics and regulatory landscapes, and enables us to create better value for our customers.
  • Increased cost competitiveness. We will further intensify our efforts to improve competitiveness and drive efficiency. This includes meticulous management of fixed costs and net working capital, as well as organizational, digital, end-to-end and project development.

We continue to ensure high standards in sustainability and strive for our sustainability vision. Safety remains at the heart of our operations – every day, everywhere.

Neste strategy

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