FinCo Fuel is an independent fuel supplier. We serve a large part of the Northwest European energy market on a daily basis. We are leaders in providing sustainable solutions for a clean future. A future full of opportunities that starts now. That is why we are increasing the share of renewable and low-carbon fuels in our supply and reducing our CO2 emissions. With our innovative technologies and growing range of renewable energy carriers, we offer our customers sustainable, responsible growth. Not next week, not tomorrow, but today.
In 2020 FinCo Fuel Group was the first fuel company in the Netherlands to achieve level 3 on the CO2 performance ladder. It is our ambition to operate CO2-neutral. In early 2022 FinCo Fuel received a silver EcoVadis ESG sustainability rating. ESG stands for Environmental, Social and Governance and is an important parameter for sustainable and responsible business. The silver rating places FinCo Fuel Group among the 20% highest scoring companies in our sector in Europe; a major achievement and an incentive to pursue this path even more vigorously.
The combination of expertise, flexibility and creative thinking means that we seize opportunities with both hands. That’s how we make the difference, and that’s how we maintain our growth. Because at heart we will always be entrepreneurs.
FinCo Fuel Group consists of a widespread network of companies, namely Gulf Bunkering, GoodFuels, Licorne Fuel, Dalergy Group and Gulf Netherlands. Our business is based in the Netherlands, Germany and Switzerland. With access to 30 terminals, we serve our customers with regard to sustainability on land, road and water.
To reduce CO2 emissions worldwide we are accelerating the use of sustainable energy carriers and phasing out fossil fuels. One the of the greatest fuels we use to reduce CO2 is HVO, a synthetic diesel, which is produced from the residue streams of the food industry or industrial processes. It is also a very sustainable fuel: it reduces CO2 emissions up to 89 percent and ensures clean combustion, both on land and water.
At FinCo, we are good in grasping that complexity and making legislation easier to understand for our organisation and for our customers. What does it mean when we add a new energy carrier, such as electricity, to our product portfolio? Which regulations does it have to comply with, how can we sell it and to whom?