Oil & Gas

Neste sustainability score: 23/100

23/100
Significant gaps+2 since last review
Joint 1st of 18 in Oil & Gas

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About Neste

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.

More about Neste

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.

Founded 1948Head office Espoo, FinlandStaff ~5,796Revenue ~€20.6BWebsite ↗

Our verdict

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. Scores are free. Companies can never pay for anything about their own score. Last verified May 2026.

That places Neste joint 849th of 934 companies scored, and joint 1st of 18 in Oil & Gas.

The ten questions

What is Neste doing well, and where does it fall short?

Strongest on Carbon Footprint: Operations and Transparency & Accountability (7/10, 7/10). Weakest on Emissions Trajectory and Energy Source (2/10, 3/10).

What's missing

Where Neste lost points

For each question that lost points, the evidence our public rubric looks for that we didn't find.

  • Emissions from its own operations7/10Its own emissions aren't independently verified or tracked over several years.
  • Emissions from its supply chain6/10No full value-chain map or supplier engagement programme.
  • Whether its emissions are falling2/10No evidence its emissions are falling, not even from energy bills or mileage.
  • How clean its energy is3/10No renewable energy tariff or major efficiency investment shown.
  • Its effect on nature5/10Its effect on nature isn't measured or independently verified.
  • How it uses materials and handles waste5/10No measurable waste or recycling targets reported publicly.
  • Its effect on water5/10No measured water footprint with reduction targets.
  • Its climate targets3/10No specific targets with dates.
  • How openly it reports7/10No annual impact report, or no pay linked to climate targets.
  • Its record on controversies4/10Points deducted for controversies or its business model. The finding is under question 10.

A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.

The calculation

How is Neste's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Oil & Gas sector ceiling.
20 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
47 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 20) + (0.7 × 47) = 38.9
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.6
Final score
Rounded. Significant gaps.
23 / 100
Where the evidence comes from

What evidence is Neste's score based on?

12 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.

50% of them were published by Neste itself; the rest come from independent sources.

Scored on 6 April 2026 under an earlier version of our method. We're re-checking it under the current method.

6 of 12 sources are independent of the company.

[1]Self-reported
Neste Annual Report 2024 Sustainability Data Package
2024
Q1Q6Q9
View →
[2]Independent source
Tracenable GHG Emissions — Neste
Ongoing
Q1Q2Q3
View →
[3]Self-reported
Neste Carbon Footprint
Ongoing
Q2Q4
View →
[4]Self-reported
Neste Revises Some of Its Climate Targets
2025
Q3Q8
View →
[5]Public record
Biofuels News — Neste Revises Some of Its Climate Targets
2025
Q3
View →
[6]Independent source
Tracenable Energy — Neste
Ongoing
Q4
View →
[7]Self-reported
Neste Forests & Biodiversity
Ongoing
Q5
View →
[8]Independent source
Farm Europe — Palm Oil from Deforested Areas: The Neste Case
UnknownArchived copy from 2026-02-17: the original link no longer opens for us.
Q5Q10
View →
[9]Self-reported
Neste Water Impact
Ongoing
Q7
View →
[10]Public record
Arctic Today — Neste Reaches Leadership Level in CDP's Climate Change and Forests Assessments
Unknown
Q7
View →
[11]Self-reported
Neste Reporting
Ongoing
Q9
View →
[12]Independent source
InfluenceMap — Neste
Ongoing
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

For Neste

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    Neste: SINK sustainability score 23/100.

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Neste in context

How does Neste compare with other oil & gas companies?

Neste shares top spot among oil & gas peers.

Among the 18 major oil & gas brands we've scored, Neste is tied =1st of 18, with 1 other.

=1/18
Neste's rank
18
Industry average
12
Industry low
23
Industry high
See all 18 in Oil & Gas →
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