Platts amends proof of sustainability certification requirements for certain first-generation biodiesel assessments

S&P Global Platts amends the proof of sustainability certification requirement for certain of its first-generation biodiesel assessments to ensure the PoS certification reflects the same feedstock as the physical material. These changes are effective April 1, 2022, updated from April 4, 2022 as originally proposed.

Under the changes: Platts RME FOB ARA premium and outright assessments reflect product that holds proof of sustainability showing material of 100% rapeseed oil origin. Platts PME FOB ARA premium and outright assessments reflect product that holds proof sustainability showing material of 100% palm oil origin. Platts SME FOB ARA premium and outright assessment reflect product that holds proof of sustainability showing material of 100% soybean oil origin. PoS certification shows compliance with REDII sustainability criteria and indicates the feedstocks, country of origin for feedstocks and greenhouse gas emissions along the supply chain of the consignment. Please send all comments, feedback and questions to Europe_ags@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.