ESG Policy
Environmental, social and governance standards across the procurement, trading and sale of biomass and energy commodities: climate and emissions, resource use, labour and human rights, and board-level accountability.
· Compliance & Governance
Responsibly sourced. Regulated by design.
We trade biomass that meets EU sustainability law, and we document it. Our procedures are audited internally, governed by board-approved policy, and updated as the regulation evolves.
RED III · EU Renewable Energy Directive
Compliant by criteria
Every biomass product satisfies the sustainability criteria of the EU Renewable Energy Directive (RED III). We monitor regulatory developments and update our procedures as the rules evolve.
EUDR · EU Deforestation Regulation
Traceable to origin
Our traceability procedures align with the EU Deforestation Regulation. Suppliers are screened, documented, and where needed verified on site.
Displacement · carbon
Fossil fuels, displaced
Responsibly sourced biomass displaces fossil fuels and supports the EU's renewable energy targets. We do not trade biomass from sources that undermine carbon neutrality or derive from unsustainable forestry.
Certification · third-party
Recognised schemes preferred
We give preference to suppliers holding recognised third-party sustainability certifications (ENplus, PEFC or equivalent). Where certification is unavailable, enhanced due diligence applies.
· Policy library
Six policies. Board-approved.
Each document is reviewed annually and available to counterparties and competent authorities on request.
Biomass Traceability Policy
Requirements ensuring every biomass consignment is traceable to verified, responsible sources: origin documentation, species declaration and an uninterrupted chain of custody retained for a minimum of five years.
Responsible Sourcing Policy
Supplier selection criteria, new-supplier due diligence and ongoing monitoring, including screening against EU, UN and OFAC consolidated sanctions lists before and throughout every commercial relationship.
Quality Control & Supplier Verification
Product quality standards (wood pellets to ENplus A1/A2 or equivalent ISO 17225-2 grade) and the documentary review, sanctions screening and pre-shipment verification each supplier must pass.
AML Compliance Statement
Anti-money-laundering, counter-terrorist-financing and sanctions compliance under Latvian and EU law: KYC, ultimate-beneficial-owner verification at 25%, and ongoing transaction monitoring.
Environmental Responsibility Statement
The Company's position on biomass and the energy transition, its sourcing commitments, and alignment with applicable EU regulation: RED III, the EU Deforestation Regulation and the General Product Safety Regulation.
