The ISCC EU certification is an important milestone in HCS Group’s ambition to develop sustainable solutions in accordance with strict sustainability criteria. As first step, the certification enables HCS Group to provide certified renewable performance fuels to the automotive and motorsport industry.
Frankfurt a. M., Germany, June 21 2022 – HCS Group, a leading international supplier of solutions for high-value hydrocarbon specialties, is pleased to announce that certification has been achieved to the International Sustainability and Carbon Certification scheme (ISCC). Through this commitment, HCS Group is confirming its ambition to drive its portfolio towards sustainable solutions. It allows the company to further develop and offer renewable performance fuels according to strict sustainability criteria including traceability throughout the entire supply chain and demonstrable greenhouse gas (GHG) savings.
Henrik Krüpper, Chief Executive Officer HCS Group, says: “The ISCC EU certification demonstrates our strong commitment towards the circular economy and our compliance with sustainability requirements set out by the European Commission. As a perpetual pioneer in the area of high-value hydrocarbons we are dedicated to making a clear contribution to the reduction of greenhouse gas emissions as part of our strategy to deliver portfolio change solutions for our valued customers.”
Chris Hutchinson, Senior Vice President Corporate Development & Sustainability, says: “We are delighted to receive the ISCC certificate. Certification is a key step in our sustainability strategy enabling us to provide our customers with independently validated and transparent sustainability data throughout our entire supply chain.”
Expanding ISCC certification to other materials
While the ISCC EU certification is covering the supply of specific bioliquids, HCS Group will, in the months ahead, be expanding the ISCC certification across all its major production sites and will broaden the range of certified sustainable materials available to its customers.
About ISCC certification system
ISCC is a multi-stakeholder organisation supporting the shift towards the circular economy and bioeconomy. As a globally applicable sustainability certification system, ISCC covers all sustainable feedstocks, including agricultural and forestry biomass, biogenic wastes, circular materials and renewables.
ISCC EU is recognised by the European Commission to demonstrate compliance with the sustainability criteria for biofuels set out in the Renewable Energy Directive (RED) for all member states of the European Union.
About HCS Group
HCS Group is a leading international supplier of high-value hydrocarbon solutions in Mobility, Life Science, Industrial and Energy. With access to renewable resources from strategic partners, the company drives the development of sustainable products making a contributing to the reduction of greenhouse gas emissions throughout the supply chain. HCS Group includes the brands Haltermann Carless, ETS Racing Fuels and Electrical Oil Services (EOS) and employs 500 employees. Headquartered in Frankfurt am Main, Germany, the company belongs to H.I.G. Europe, a subsidiary of the US private equity company H.I.G. Capital. More information: www.h-c-s-group.com
HCS Group GmbH
60549 Frankfurt am Main, Germany
+49 69 695 386-117