Neste renews Green Finance Framework
In Finland, SAF producer Neste has published a renewed Green Finance Framework to align future financing activities with market best practices and standards. Neste published its first Green Finance Framework in 2021 and since then has issued four green bonds totaling $2.26 billion and entered into one green term loan of $538 million. The proceeds from green finance have been allocated to renewable and circular solution projects including Neste’s Singapore refinery expansion, Rotterdam refinery expansion and Martinez Renewables joint operation. In addition to renewable and circular solutions, Neste’s renewed framework includes renewable energy as an investment category. Longer term actions on our climate roadmap include scaling up new technologies and innovations, with focus on renewable hydrogen, the company said.
Category: SAF
