Gevo Receives ISCC Plus Certification
05 August 2019 - 11:00PM
Gevo, Inc. (NASDAQ: GEVO) announced today it has achieved its
International Sustainability and Carbon Certification (ISCC) under
the ISCC PLUS scheme for Food, Feed, Industrial Applications,
Energy, Biofuels outside Europe.
In obtaining ISCC certification, Gevo continues to
prove its dedication to meeting the highest industry standards by
demonstrating the sustainable cultivation of field corn, which Gevo
then converts into renewable, sustainable isobutanol, also known as
biobutanol. ISCC PLUS certification enables Gevo to validate
the responsible nature of their liquid transportation fuels and to
highlight the traceability of its biofuel, qualifying that
such fuels produced in a sustainable manner. By completing ISCC
certification, Gevo has verified that the feedstock, in this case
field corn, is being grown in a manner that is socially,
environmentally, and ethically responsible. This certification is a
voluntary step Gevo took to further ensure the protection of high
carbon stock lands and high biodiverse areas. The certification
also addresses the following criteria: good agricultural practices
to protect soil, water, and air; safe working conditions;
compliance with human, labor, and land rights; compliance with laws
and international treaties; and good management practices and
continuous improvement.
“Gevo is in the business of offering renewable
resource based fuel products as an alternative to fossil based fuel
products. This ISCC certification is another step to proving the
sustainability of our isobutanol. Field corn, grown with modern
technology, like lower tillage cultivation and precision
application of fertilizer, not only generates low cost carbohydrate
feedstock, but also an enormous amount of protein that we sell into
the food chain. Our farmers are accomplishing something important:
reducing carbon through agriculture, and producing raw material so
we can produce fuels and food,” said Patrick Gruber, Gevo’s
Chief Executive Officer. “The game has changed. Agriculture
has the tremendous potential to fight the pollution of fossil based
fuels, when it is done right.”
ISCC PLUS is a sustainability certification scheme
for bio-based applications like chemicals, food and feed products
and applications in the bioenergy sector.
About GevoGevo is a next
generation “low-carbon” fuel company focused on the development and
commercialization of renewable alternatives to petroleum-based
products. Low-carbon fuels reduce the carbon intensity, or the
level of greenhouse gas emissions, compared to standard
fossil-based fuels across their lifecycle. The most common
low-carbon fuels are renewable fuels. Gevo is focused on the
development and production of mainstream fuels like gasoline and
jet fuel using renewable feedstocks that have the potential to
lower greenhouse gas emissions at a meaningful scale and enhance
agricultural production, including food and other related products.
In addition to serving the low-carbon fuel markets, through Gevo’s
technology, Gevo can also serve markets to produce chemical
intermediate products for solvents, plastics, and building block
chemicals. Learn more at our website: www.gevo.com
Forward-Looking Statements
Certain statements in this press release may
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements relate to a variety of matters,
including, without limitation, statements related to Gevo’s
collaboration and activities with the ISCC described in this press
release, the attributes of Gevo’s products, and other statements
that are not purely statements of historical fact. These
forward-looking statements are made on the basis of the current
beliefs, expectations and assumptions of the management of Gevo and
are subject to significant risks and uncertainty. Investors are
cautioned not to place undue reliance on any such forward-looking
statements. All such forward-looking statements speak only as of
the date they are made, and Gevo undertakes no obligation to update
or revise these statements, whether as a result of new information,
future events or otherwise. Although Gevo believes that the
expectations reflected in these forward-looking statements are
reasonable, these statements involve many risks and uncertainties
that may cause actual results to differ materially from what may be
expressed or implied in these forward-looking statements. For a
further discussion of risks and uncertainties that could cause
actual results to differ from those expressed in these
forward-looking statements, as well as risks relating to the
business of Gevo in general, see the risk disclosures in the Annual
Report on Form 10-K of Gevo for the year ended December 31, 2018,
as amended, and in subsequent reports on Forms 10-Q and 8-K and
other filings made with the U.S. Securities and Exchange Commission
by Gevo.
Investor and Media Contact Shawn M. Severson
Integra Investor Relations +1 415-226-7747 gevo@integra-ir.com
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