Company name: Neste Oyj
Registration location: Espoo, Finland
Ownership/ ultimate beneficial owner: The Republic of Finland owns 36% of the shares, 8% are owned Ilmastorahasto Oy. Subsequently, there is a list of institutional shareholders including BlackRock, Capital Group, Vanguard, Bank of Canada.
Stock exchange listing: Nasdaq Helsinki
Sectors: Refiner and trader
Subsidiaries/ brands:
Refinery facilities
Rotterdam refinery
Singapore refinery
Sustainability performance
No Deforestation, No Peat, No Exploitation policy: Yes
Deforestation within current supply chain since 2016: 64,000 ha
Supply chain links: Palm oil dashboard and PFAD supply chain
Supplementary information
In 2019, Neste sourced PFAD from Ciliandry Anky Abadi, part of the Fangiono family companies that appears on the top 10 deforesters list in 2020.
Financial information (in USD million) | 2019 | 2020 | YoY growth |
Annual revenue | 17,723 | 13,417 | -24% |
Gross profit | – | – | NA |
EBITDA | 3,015 | 2,107 | -30% |
Net profit | 1,923 | 1,281 | -33% |
Market cap ultimo preceding year | 26,740 | 55,532 | +108% |
Enterprise value ultimo preceding year | 26,524 | 55,173 | +108% |