Brief: Neste Revises Some Of Its Climate Targets

Neste Oyj

15/12/2025 09:05

Dec 15 (Reuters) - Neste Oyj NESTE.HE:

REVISES SOME OF ITS CLIMATE TARGETS DUE TO COMPANY'S CURRENT FINANCIAL POSITION AND STREAMLINED INVESTMENT PORTFOLIO

TIMELINE FOR RELATED INTERIM TARGET OF 50% EMISSION REDUCTION IS EXTENDED FROM 2030 TO 2035.

SETS CARBON FOOTPRINT TARGET OF REDUCING GREENHOUSE GAS EMISSIONS IN ITS OWN OPERATIONS (SCOPE 1 & 2) BY 80% BY 2040, REPLACING TARGET OF REACHING CARBON NEUTRAL PRODUCTION BY 2035

CURRENT FINANCIAL POSITION DOES NOT ALLOW FURTHER MAJOR CAPITAL EXPENDITURE

WITH THESE CHANGES NESTE FOCUSES SOLELY ON ABSOLUTE EMISSION REDUCTIONS IN ITS OWN OPERATIONS AND REMOVES OPTION OF USING EMISSION COMPENSATION FROM ITS CLIMATE TARGET SETTING

Further company coverage: NESTE.HE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))