Neste publishes 2025 Green Finance Report

Neste announced March 5 that the company has published its annual Green Finance Report for 2025.

Neste said the Green Finance Report, which covers green-financing activities in 2025, demonstrates the company’s commitment to producing renewable fuels and thereby mitigating climate change and accelerating a shift to a circular economy.

“Neste has been a pioneer in the green transition for years, and we have made substantial investments in renewables,” the company stated.

In 2025, Neste issued a 700-million-euro (USD$810.2 million) green bond with the aim to allocate the proceeds to support the Rotterdam refinery capacity-expansion project.

After the project’s completion in 2027, the Rotterdam refinery’s nameplate production capacity will increase to 2.7 million tons of renewable products annually, making it the world’s largest renewables refinery and increasing Neste’s renewables production capacity to 6.8 million tons per year. 

“For the year ending Dec. 31, 2025, we are pleased to announce the allocation of 610-million euros (USD$706 million) to capacity expansion and SAF optionality projects in Rotterdam,” the company stated.

At the end of 2025, the total allocated green proceeds to Neste’s eligible assets and projects in Singapore, Rotterdam and Martinez, California, increased to 3.34-billion euros (USD$3.87 billion) while 510-million euros (USD$590.1 million) remains unallocated and eligible for future allocation.

“Our most recent bond issue demonstrated that the support for green transition remains robust,” said Katariina Perkkiö, the vice president of treasury and risk management at Neste.

“I am pleased to see the investor support for new renewable fuel capacity in Europe with our Rotterdam refinery expansion,” Perkkiö added.

Neste reports on the allocation and impact of green financing issued under the Green Finance Framework annually.

In February 2024, Neste published its latest Green Finance Framework.

This replaced Neste’s earlier Green Finance Framework published in 2021.

Neste’s Green Finance Report 2025 and the Green Finance Framework are available on the company’s website.