Reaching our ESG sustainability goals – FinCo has been awarded with the silver medal by EcoVadis

There are several reasons why methanol is interesting for FinCo and the markets we serve. First off: methanol is a liquid. This means that it fits perfectly into our existing logistics system. Secondly, you can make methanol from almost any residue stream you can think of, so the feedstocks are always available. In addition, methanol’s production process is relatively simple and requires relatively little energy. And because you make it from sustainable feedstocks, the product has a very low carbon footprint, with savings up to 80 to high in the 90s percent. So when we’re talking about methanol, we’re always talking about bio-methanol.

In the next few years, we must do everything in our power to reduce CO2 emissions worldwide. We want to be a symbol for the transition that alle energy companies must go through. The course has changed and our sustainable product portfolio is transforming rapidly. We have the people, the resources and the innovate power to make a difference and contribute to a more sustainable world. But we can’t do this alone.

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.

The energy system of the future consists of all kinds of innovative solutions. These innovations differ per market segment and mode; road traffic requires different solutions than shipping and air transport. We therefore look at new sustainable feedstocks, as well as ground breaking conversion technologies to convert these feedstocks into various suitable energy carriers. That is why we are not only looking at liquid fuels, but also at hydrogen and electricity.