Last summer, we further elaborated on our sustainability goals based on the Sustainable Development Goals (SDGs), as established by the United Nations (see box). And recently we took another step: we also incorporated our sustainability ambitions in our new financing. With this, FinCo Fuel Group wants to underline its own role as a frontrunner in the energy transition.
'We are the first sustainable fuels company to be certified at level 3 of the CO2 Performance Ladder,' says Nicolai Knop, Group Finance & Treasury Manager of FinCo Fuel. 'With this certification we map our own CO2 footprint and continuously work on reducing the emissions of our own organization and processes. We also work with our customers to reduce CO2 emissions with new, advanced (bio) fuels. Our new credit facility is directly linked to our sustainability ambitions. The interest surcharge depends on the extent to which we achieve our goals.'