VARO Energy

Last year, we announced plans to build a large-scale Sustainable Aviation Fuels (SAF) manufacturing facility in Rotterdam. Since then, we have made significant progress, finalising the design and advancing the Front-End Engineering Design (FEED) phase, set for completion in Q4 2024. Today, we are pleased to announce that Gunvor Group Ltd will join us as a 50% partner in this project through a proposed joint venture. SAF is a key element in the ONE VARO Transformation strategy, helping airline customers – one of the most hard-to-abate sectors – to decarbonise. This investment will enable VARO and Gunvor to produce SAF equivalent to 7% of the EU’s 2030 SAF mandate, significantly advancing the aviation sector's decarbonisation goals. For more details, please see our press release here: https://lnkd.in/g2-3YGKY

📢 Our 2023 Environmental, Social, and Governance (ESG) report is now available here: https://lnkd.in/dhSgpMKW Check out the report to learn how we are: · Delivering energy security, affordability and accessibility. · Developing sustainable energy businesses in e-mobility, biogas, hydrogen, biofuels and nature-based carbon removals. · Investing USD 3.5 billion by 2026, with more than two thirds dedicated to sustainable energies. We recognise there is still a way to go to achieve a sustainable future, but we are focused on building our integrated portfolio of conventional and sustainable energy solutions as the partner of choice for the energy transition. #sustainability #esg #esgreporting #sustainabilityreporting #renewablefuels #renewableenergy #transition

Reflecting on a year of momentum for VARO🌟As we review our achievements in 2023, we are proud to share some of the key milestones in our journey towards delivering reliable, accessible, and sustainable energy. Through collaborative efforts within our company and with our partners and customers, we remain dedicated to accelerating transformative changes in our industry.

Today we are celebrating #InternationalWomensDay at VARO Energy, and this year it is all about Inspiring Inclusion.   We are determined to build a more inclusive workplace, facilitate women’s professional development and inspire the next generation of women leaders – at VARO and beyond.   And there is no one better to explore these important themes than our Human Resources Director, Irene Franck. Irene tells us how she overcame bias to get to where she is today, and offers words of advice for aspiring young women looking to make their mark.   This year, we continue our efforts, with 22% Female Senior Managers (+6% vs. 2022) and the launch of our first VARO Women’s Network. This network is a platform for exchange, mutual support and development, facilitating women’s professional development in alignment with our 2030 diversity goals. There is still much to be done, but we are up for the task!   #IWD2024 #GenderEquality #Empowerment

Today, we are announcing a new strategic partnership with Orim Energy to provide shipping customers in Europe’s largest maritime hub, Amsterdam-Rotterdam-Antwerp, with long-term low carbon solutions. VARO’s huge biofuels trading capabilities will complement Orim’s extensive distribution, storage and bunkering capabilities in Rotterdam – Europe’s largest port. VARO has a long track record of providing biofuels for maritime logistics. Since 2018, the company has supplied the Port of Rotterdam with HVO100 for use with the Port’s service fleet. In 2023 VARO signed an agreement with Höegh Autoliners to supply the company with advanced biofuels for its shipping fleet. This partnership is aligned with VARO’s strategy to become the partner of choice for customers in the energy transition by providing them with the low-carbon energy solutions they need to decarbonise. Read our press release to learn more: https://lnkd.in/dWQ5eVta

  #DigitalTransformation #CustomerExperience #customercentricity #digitalisation  

I often speak of the importance of Safety, and I cannot stress this enough. At VARO Energy, Safety is our highest priority - for our employees, contractors and customers alike.   Severe incidents represent the worst possible outcome for any organisation and have a deep impact on all of us and our loved ones. Yet, industry research consistently underscores that these incidents could have been prevented by adhering to straightforward, life-saving rules.   That is why, as part of our safety policy, we have also incorporated the 9 Life-Saving Rules, as defined by the IOGP (International Association of Oil & Gas Producers). These rules are considered “life critical” and relate to activities that - if not executed correctly every time - pose a significant risk. I believe that it is important to foster, across our industry, a common understanding around these rules and a standard for their implementation. At VARO - whether in our manufacturing sites, terminals or logistical operations and offices - we aim to create a culture where safety is not just a rule, but a way of life. A culture where everyone is empowered to STOP WORK whenever conditions and behaviours are considered to be unsafe. This is our collective commitment, and we are proud to live by it, every day.  

#emobility #evcharging #etrucks #electricvehiclesarethefuture #leanandgreen

#sustainability #energytransition #biofuels #hvo #renewablediesel #maritime #decarbonisation

Shipping is a critical part of the global economy, carrying almost 80% of the world’s trade volume, according to the United Nations Conference on Trade and Development (UNCTAD).   But as shipping volumes grow, there is an increase in carbon emissions.   The International Maritime Organization (IMO) has set an ambition to reduce the carbon intensity of emissions from shipping by at least 40% by 2030, and 70% by 2050, compared with 2008 levels. To achieve this, the shipping industry needs access to practical solutions to accelerate decarbonisation.   At VARO Energy, we are playing our part by supplying 100% advanced biofuels for deep-sea transportation from Europe. Today, we are announcing a new partnership with Höegh Autoliners to forge innovative solutions, share insights, and drive sustainable progress. Together, we aim to leverage the potential of biofuels to help decarbonise deep-sea shipping, enabling the reduction of GHG emissions associated to the transport and distribution of goods.   Read our press release to learn more https://lnkd.in/e3eRbtcW