Creating sustainable biofuel supply chains
Greenergy has been an industry leader in the development of biofuel sustainability and traceability standards since 2007, when we developed the first standard for Brazilian bioethanol. We have continued to collaborate with NGOs, Governments, and regulatory bodies, as well as the agricultural, waste management and oil industries to continuously improve the audit standards that are used to verify environmental sustainability and traceability through our global biofuel and raw material supply chains.
In 2018, we conducted over 30 independent audits of the biofuels we traded, with no significant adverse findings. We opt for monthly audits rather than the annual regulatory minimum, to ensure we have the most robust checks on biofuel procurement and production in the industry.
Our traders work closely with the supply chain to find biofuels that deliver against our sustainability objectives. We engage closely on the ground with any new suppliers from our biofuels procurement bases in UK, Amsterdam, Houston, Dubai, Singapore, Guangzhou, Sao Paolo and Australia. Every purchase and transfer of biofuel is conducted according to EU approved standards, and Greenergy has developed highly trained teams and procedures to build those standards into our day-to-day practices and checks.
We continue to work with industry standards bodies and national biofuel regulators to help them improve the quality of the certification process and adapt to new biofuel supply chains.