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Company Directory - Neste Oyj

Company Details - Neste Oyj

Neste Oyj Logo

Neste Oyj

Website

Espoo, Finland

NASDAQ Helsinki: NESTE 

ISIN: FI0009005953

Neste Oyj is a leading Finnish company specializing in renewable diesel and sustainable aviation fuel derived from waste and residues. The company is recognized for its work in advancing sustainable energy solutions and promoting a circular economy by transforming renewable resources into cleaner fuel alternatives.

CCI Score

CCI Score: Neste Oyj

7.22

-0.02%

Latest Event

Neste Supplier Code of Conduct

Neste has released a comprehensive Supplier Code of Conduct that outlines strict requirements for its suppliers to adhere to ethical business practices, including robust labor rights protections and supply chain ethical standards. The document emphasizes compliance with anti-corruption measures, human rights, and environmental stewardship.

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OBJECTOR

Neste Oyj is currently rated as an Objector.

0 to +9 CCI Score
These companies deliberately avoid direct involvement with authoritarian practices. While they do not actively challenge oppressive regimes, they maintain a neutral stance to ensure they are not complicit in supporting such systems.

Latest Events

  • Neste Supplier Code of Conduct Logo
    FEB
    27
    2025

    Neste has released a comprehensive Supplier Code of Conduct that outlines strict requirements for its suppliers to adhere to ethical business practices, including robust labor rights protections and supply chain ethical standards. The document emphasizes compliance with anti-corruption measures, human rights, and environmental stewardship.

  • +85

    Labor Relations and Human Rights Practices

    March 18

    The code provides detailed guidelines on labor practices, including fair employment standards, safe working conditions, and respect for human rights. This strong commitment to labor relations signifies a positive step in safeguarding workers' rights.

    Neste Supplier Code of Conduct

  • +80

    Supply Chain Ethics

    March 18

    The document sets clear expectations for ethical conduct across the supply chain, requiring suppliers to comply with stringent standards. This proactive measure to monitor and enforce ethical sourcing reduces the risk of supply chain abuses and aligns with broader anti-authoritarian values.

    Neste Supplier Code of Conduct

  • Neste Modern Slavery Statement 2023 - Enhanced Labor and Supply Chain Practices Logo
    APR
    24
    2024

    Neste Oyj released its comprehensive Modern Slavery Statement, detailing robust measures to safeguard human rights, improve labor conditions, and enforce ethical supply chain practices through rigorous due diligence, extensive training programs, and effective grievance mechanisms.

  • +80

    Labor Relations and Human Rights Practices

    March 18

    Neste’s Modern Slavery Statement outlines proactive measures to protect labor rights including extensive training, worker voice initiatives, and clear grievance channels. This demonstrates a strong commitment to human rights and ethical labor practices.

    Neste Modern Slavery Statement 2023

  • +70

    Supply Chain Ethics

    March 18

    The statement provides detailed evidence of supply chain due diligence including multi-tier audits, supplier risk assessments, and ethical sourcing requirements which contribute to higher standards in supply chain management.

    Neste Modern Slavery Statement 2023

  • Workers’ Strike Threat at Neste Porvoo Refinery Raises Labor Rights Concerns Logo
    FEB
    01
    2024

    The threat of a two-day strike at Neste's Porvoo oil refinery, spurred by protests from the Industrial Union against government labor reforms, highlights significant concerns over labor practices and worker rights at the company.

  • -40

    Labor Relations and Human Rights Practices

    March 18

    The planned strike at Neste's Porvoo refinery underscores persistent labor tensions and inadequate worker protections. The industrial action, driven by opposition to labor market reforms that weaken union power, suggests that Neste's labor relations practices may be complicit in broader efforts to undermine workers' rights, a move that resonates negatively within anti-authoritarian and pro-labor frameworks.

    Workers threaten 2-d strike at Neste oil refinery in Finland

  • Exposé of Unsustainable Supply Chain Practices in Neste's Biofuel Production Logo
    NOV
    01
    2020

    The report exposes significant sustainability issues in Neste's supply chain including rampant deforestation, labor rights abuses, and community displacement linked to its palm oil and PFAD sourcing practices, thereby challenging its sustainability claims.

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