Biokraft receives renewed ISCC sustainability certification for Henriksdal, Södertörn and Skogn
Biokraft, a leader in Nordic biogas production, has received renewed ISCC certification for the Henriksdal and Södertörn plants in Sweden and Skogn in Norway. The certification ensures traceability throughout the production chain and gives Biokraft continued access to important export markets in Europe as well as the opportunity to meet the high expectations of Nordic customers.
ISCC, International Sustainability & Carbon Certification, is a global sustainability certification system that provides traceability of recycled and renewable materials throughout the supply chain and verifies that companies meet social and environmental standards. The certification is obtained through a comprehensive annual audit by external auditors.
"We are very pleased to have received renewed certificates for our three largest facilities. The certification is proof that we deliver what we say and is an important part of both our sustainability efforts and ambition to contribute to the green transition in society at large," says Matti Vikkula, President and CEO, Biokraft International AB.
Increasing demand for sustainable products and services
Demand for ISCC-certified products is increasing from companies wanting to be able to demonstrate traceability of input goods in their value chains. This is particularly important in Biokraft's export markets, including Germany and the Netherlands, where certification can also result in a price premium. We also see that the requirements for ISCC are starting to be set in our domestic (Nordic) market, where there is a demand for traceability according to European standards.
ISCC is based on the EU Renewable Energy Directive (RED) and provides an objective and standardised calculation of emissions of climate-impacting carbon dioxide. Biogas itself is a 100% renewable product that provides reduced climate impact, usually reported in grams of CO2 equivalents compared to fossil fuels.
"Our plants are required to achieve an emission reduction of 60% carbon dioxide, but thanks to the fact that we produce our biogas mainly from waste, we often have a reduction of around 90% or more. Through calculations, we can show our customers how much carbon dioxide reduction their biogas has had, and the certification is the guarantee that it is correct data our customers can trust and in turn communicate. This is important for the credibility of the entire value chain," says Tina Blix, Group Head of Sustainability, Biokraft.
Read more about Biokraft's sustainability work and goals, https://www.biokraft.com/sustainability
For further information, please contact:
Matti Vikkula CEO, Biokraft International AB
Mobile +46 (0) 70 597 99 38
E-mail matti.vikkula(at)biokraft.com
Biokraft is a Nordic greentech company that produces bioenergy and plant nutrition in a circular cycle by recycling organic waste and residual products in large-scale biorefineries. Biogas is CO2-neutral and lowers GHG emissions by over 100% when replacing fossil fuels. Biokraft will build, own and operate large-scale biogas plants with a focus on the Northern European market. Today there are facilities in Sweden, Norway and Korea. Biokraft has just over 110 employees and had total revenues of SEK 407 million in 2022. The company is listed on the Nasdaq First North Premier Growth Market. The Certified Adviser is Carnegie Investment Bank AB (publ). www.biokraft.com