Sustainability and Environment
SAF Producer Neste Walks Back Some Climate Goals
The company cited financial factors for the changes
Neste-branded SAF tanker
Finnish renewable fuel producer Neste is reconsidering the timeline for some of its announced sustainability aspirations

Sustainable aviation fuel producer Neste has retrenched some of its stated climate commitments from five years ago when it joined as a signatory to the Climate Pledge. In 2020, the company, one of the world’s largest renewable fuels refiners, pledged to halve its operational carbon emissions by 50% by 2030 and reach carbon-neutral production by 2035.

Citing its current financial position and streamlined investment portfolio as factors, the Finland-based company noted that reaching those goals would entail significant investments “that are not currently realistic.”

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