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Neste Oyj

ISIN: XS2599779597 | International | International
Score 2 - Moderate
Full assessment

Neste provides moderate governance of its climate lobbying by embedding its climate strategy into engagement activities and naming a clear oversight role, but detailed monitoring or broader governance structures are not described. For example, "Senior Vice President, Sustainability and Corporate Affairs at Neste is responsible for both Public Affairs and Sustainability at Neste, ensuring our activities within both functions are aligned," and "In the beginning of each engagement with policy-makers, trade associations or other organization, Neste presents our position on climate change and our climate commitments as part of the company presentation." The company also confirms a "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement" through its signature of the Business Ambition for 1.5°C Commitment Letter. However, we found no evidence of a formal monitoring or review procedure for lobbying activities, no systematic process to manage indirect lobbying through trade associations or assess association membership, and the company does not disclose any Board-level oversight or detailed policy for climate lobbying alignment beyond the SVP role.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in International or all companies in International.