PARTNERING FOR RELIABLE, COMPETITIVE AND CLIMATE-ALIGNED ENERGY SYSTEM
Nevel remains committed to building both a responsible energy system for the future and a more sustainable society by driving growth, reducing emissions and making a positive impact on our environment.
At Nevel, we are proud of the steps we are taking to develop solutions that support the energy system of the future and create durable long-term value. The sustainable energy transition is improving both quality of life for individuals and competitiveness for businesses, enabling our customers to move forward with clarity, compliance and confidence.
Our customers are the heroes of this inspiring story as they seek to drive sustainability forward in their operations and value chains, and we are the trusted experts they rely on to enable change.
Sustainability milestones in 2025
In 2025 we continued our growth journey, building on our strong core business of sustainable energy and material efficiency, and remaining focused on improving operational excellence.
Here are the key outcomes of our 2025 sustainability performance:
1. Delivering measurable CO2 reductions in energy production
Nevel develops and operates energy solutions designed to improve operational efficiency and contribute to verifiable CO2 emission reductions. During 2025, Nevel’s total Scope 1 CO2e emissions in energy production fell considerably. Lower consumption of non-renewable energy sources contributed to CO2 emission reductions. Scope 2 emissions were reduced to zero in Nevel’s Real Estate and Biogas businesses by purchasing 100% emission-free energy.
Increased investments in electrification, optimisation of fuel use and utilisation of side streams will bring measurable gains in emission reductions for the future.
2. Supporting sustainable growth and carbon reduction for industry
Nevel helps customers to find new business models that support decarbonisation. We take responsibility for energy production and therefore also emissions on behalf of industrial and other business customers. Together with our customers we define a strategy to reduce the carbon footprint and develop a full understanding of environmental impact and decarbonisation potential.
Since 2021, Nevel’s Industry business has enabled its customers to achieve CO2 reductions. The accumulated contracted and planned CO2 emission reduction for the period 2021–2035 is 117 kt.
3. Mitigating climate change by displacing fossil-based fuels
Our circular business model is based on using side streams and offering district heating as a platform. We invest in biodegradable materials processing, including production of biogas and biomethane, and enable generation of valuable by-products.
In 2025 upon acquisition of Labio in Lahti, Finland, we significantly increased the CO2e emissions savings by replacing fossil fuels with biogas. During the year, our biogas production of 71,717 MWh avoided 11,910 tons of CO2e emissions compared to conventional fossil energy sources.
4. Protecting people and assets
Continually improving a safe operating environment for our employees, contractors, customers and partners is a core value at Nevel. During 2025 we saw a positive improvement in safety performance, and we work continuously to improve the quality of our safety measures. For example, the lost time injury frequency rate (LTIFR) decreased to zero. During the year Nevel achieved ISO 45001 certification (occupational health and safety) for its operations in Finland and Sweden.
5. Operational reliability – building flexibility, resilience and security of supply
A secure energy supply is essential for e.g. industrial operations. Whether fuel or asset management, energy production or distribution, we have investigated various opportunities to improve operational reliability, which includes measures related to asset safety. This work helps us to further strengthen flexibility, reliability and security of supply to meet our customers’ needs, find new opportunities and enhance resilience in preparation for unplanned disruptions.
In 2025 our investment activity focused on operations and maintenance efficiencies, upgrading production assets, widening the mix of energy sources and modernising our asset portfolio and networks.
Want to learn more about how we are driving the development of reliable, competitive and climate-aligned energy systems? Please download our 2025 sustainability report (PDF).
Contact
Hanna Viita
Director Sustainability and Communications
+358 40 1671755
Nevel in brief
Nevel is an infrastructure company offering advanced and future-proof infrastructure solutions tailored for industries and real estate. We drive the transition and create societal impact by producing sustainable energy and together fostering local material efficiency. Nevel serves almost 100 industrial and over 5,000 real estate customers with solutions for decentralised energy and material efficiency. The company operates more than 130 energy production sites and manages over 40 district heating networks. Nevel has an annual turnover of EUR 150 million, and employs 200 experts in Finland, Sweden and Estonia.