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Nevel’s sustainability report 2022 published – the company reached 80% renewable energy share

May 10, 2023
  • Press releases and news

Nevel, a utility infrastructure company offering advanced industrial and real estate infrastructure solutions, has made significant progress in its sustainability agenda. In 2022, Nevel’s strategy was updated with a vision defined as “Destination: Climate positive growth”, emphasising new technologies and investments in renewable energy for carbon neutrality and material circularity.

”At Nevel, we remain committed to our target reaching carbon neutral energy production in our Real estate solutions business by 2030, and supporting our industrial customers’ decarbonisation ambitions. At the same time, we maintain stability in operations and ensure energy supply while keeping health and safety as top priority”, says Thomas Luther, CEO of Nevel.

During 2022, Nevel decreased its CO2 Scope 1 emissions by 27% and increased the share of renewable energy to 80%. Nevel also improved its safety performance with focus on preventive safety measures.
The company made substantial utility infrastructure investment commitments via customer cooperation agreements and continued collaboration with industrial customers to enable significant emission reductions.

Nevel’s sustainability report 2022 has been published on May 10th at

More information
Hanna Viita
Director, Sustainability and communications
+358 40 167 1755

About Nevel
Nevel is a utility infrastructure company offering advanced industrial and real estate infrastructure solutions that are fit-for-purpose and future-proof. Committed to climate positive growth, we drive societal impact by co-creating local circular economies and driving transformation to carbon-neutral energy production. Nevel serves almost 100 industrial and over 5,000 real estate customers with decentralised energy and circular economy solutions. The company operates more than 130 energy production sites and manages over 40 district heating networks. Nevel has an annual turnover of EUR 115 million, and employs 190 experts in Finland, Sweden and Estonia.