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Stock impact report

SAF Producer Neste Walks Back 2035 Zero-Emission Pledge [Yahoo! Finance]

U.S. Energy Corp. (USEG) 
US:NASDAQ Investor Relations: usedc.com/financial-advisors-investors
Company Research Source: Yahoo! Finance
Neste made the commitment in 2020 when it signed The Climate Pledge-a coalition of 625 signatories that aims to achieve carbon neutrality by 2040, a decade ahead of the target set by the United Nations' Paris Agreement. In December, though, the company said its "very ambitious" target "would have required significant investments that are currently not realistic." Neste replaced its 2035 carbon-neutral pledge with the goal of reducing greenhouse gas (GHG) emissions from its operations by 80 percent by 2040. It also extended its target to reduce operational emissions by 50 percent, from 2030 to 2035. Per CEO Heikki Malinen, the company has slashed its own GHG emissions by 24 percent since 2019. Neste earlier in 2025 reported delays in the transformation of its Porvoo, Finland, refinery into a SAF production hub, which it cited as a factor in the revised targets. "Neste's current financial position does not allow further major capital expenditure beyond the ongoing 2.5 billion eur Show less Read more
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