Neste rejects claims of palm oil fraud
In Finland, in response to recent media coverage on suspected cases of fraud related to renewable raw materials business and its alleged connections to the biofuels industry, Neste says it is currently not aware of any verified cases of fraud (i.e. mislabeling or fraudulent mixing of raw materials) that would be directly connected to Neste’s raw material sourcing.
Neste has taken the risk of fraud very seriously already for years and has developed robust methods to mitigate fraud risk in its renewable raw material supply chains. As fraud is impossible to tackle by any single company alone, it is involved in multiple initiatives to develop stronger measures to combat fraud. Detecting and verifying fraudulent practices requires a combination of measures. Should it detect any evidence of fraudulent activity in our supply chain, it says it would take immediate action.
Category: Fuels
