Circularise partners with GoodFuels to digitalise the ISCC EU system for RED II compliance.

Sensible and safe bookkeeping device for ISCC EU and PLUS mass stability certifications
— Jordi de Vos, Circularise co-founder
THE HAGUE, NETHERLANDS, October 24, 2023 /EINPresswire.com/ — Circularise and GoodFuels, FincoEnergies’ sustainable fuels model, have publicly introduced their challenge to digitise the biofuels document administration course of required for RED II compliance.
All through this modern challenge, GoodFuels and FincoEnergies shared their information on bookkeeping processes with Circularise to broaden its MassBalancer traceability software program suite to embrace the biofuels provide chain, including ISCC EU certification as a further supported framework.
The European Union’s RED II regulation goals to be certain that biofuels present a really sustainable various to fossil fuels. As a part of this regulation, information should be maintained for the sourcing, chain of custody, and GHG emissions of the biofuel product course of, after which verified by a third-party certification scheme similar to ISCC EU. This means of bookkeeping is presently a guide means of corporations exchanging data from PDFs and spreadsheets, which may be time-consuming and vulnerable to fraud.
Including a digital methodology of document administration will improve data safety and ease of use for any organisation that wants to report its biofuel feedstock and provide chains. By digitalising the record-keeping course of, data on the chain of custody and GHG emissions of the biofuel merchandise may be effectively audited supporting a reliable and truthful marine biofuels trade.
Paul Bakker, Digital Growth Supervisor for GoodFuels at FincoEnergies, stated: “Transparency and belief are important to the provide chains of all marine fuels, however particularly biofuels, the place we should be ready to exhibit our sustainability claims simply and with confidence. FincoEnergies, by means of our GoodFuels model, is devoted to main sustainability inside the biofuels market, which is why we’re happy to have the option to assist Circularise to enhance the digital reporting course of.”
“By leveraging digital applied sciences to hint the chain of custody and impression of the biofuels, we are able to make clear opaque provide chains and assure that these fuels function a really sustainable various to fossil fuels.” Jordi de Vos, co-founder of Circularise explains. “Our partnership with GoodFuels is a testomony to our shared dedication to drive transparency and sustainability in the power sector.”
Going ahead, FincoEnergies will check this software program with their GoodFuels clients to guarantee a sturdy data switch course of. By shifting from guide strategies to software program grounded in RED II ideas, Circularise will help FincoEnergies in the prevention of double counting of biofuel credit, additional enhancing belief and transparency all through the worth chain. This collaboration will proceed to discover methods for FincoEnergies to allow its downstream clients to pretty allocate the use of GoodFuels biofuels inside their sustainability reporting. This dedication to truthful and clear practices underscores the shared imaginative and prescient of each FincoEnergies and Circularise for a extra sustainable future.
About Circularise
Circularise is a digital product passports and mass stability bookkeeping software program supplier based in The Netherlands in 2016. Circularise’s software program system helps suppliers in chemical substances, plastics, battery supplies, metals, and different industries to hint supplies and share their environmental footprint with out risking their delicate knowledge. By extension, it helps manufacturers to get visibility into their Scope 3 emissions and different metrics, which is aligned with the regulatory push for digital product passports, the SEC’s proposed local weather danger disclosure guidelines, and the Company Sustainability Reporting Directive.
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press@circularise.com
About GoodFuels
GoodFuels is a worldwide model of sustainable gasoline options for street and marine use, provided by FincoEnergies. The GoodFuels product line consists of their most sustainable fuels and integrates the whole provide chain for low-carbon fuels like sustainable biofuels and biomethanol. From feedstock to tank, GoodFuels’ proposition covers parts of sourcing feedstock and making certain its 100% sustainability, manufacturing and refining, international distribution, high quality assurance, and advertising packages with ports, governments, and cargo homeowners.
About FincoEnergies
FincoEnergies is an unbiased, main provider of sustainable power options. Their mission is to propel its clients’ transition in direction of a greater world. FincoEnergies focuses on offering low-carbon power and decarbonisation options. This empowers their clients to calculate, scale back, inset, and offset their emissions. With a powerful vary of manufacturers, like GoodFuels, GoodShipping, and GoodZero, FincoEnergies affords a one-stop-shop for innovation, experience, and safety of provide.
Julia Semenko
Circularise
julia@circularise.com
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Mass Steadiness Method and ISCC PLUS Defined by Circularise (quick)

Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.