We are on a transformative journey toward a cleaner world for future generations to inherit.
Wellbred is evolving from a pure commodity trader of oil and gas products to a sustainability trendsetter by promoting cleaner methods of energy manufacturing and trading. We are investing in innovative petrochemical waste reprocessing projects while exploring the refining and trading market for second-generation renewables. These initiatives are key to our focus on cleaner trading and reducing our carbon footprint.
Since 2021, Wellbred has advanced its energy transition through a disruptive mix of innovation and technology. This includes exploring state-of-the-art waste-to-energy manufacturing models, newer domains like second-generation renewables, and cutting-edge areas of clean trading.
Wellbred has pioneered and expanded a plan to build state-of-the-art plants in the Kingdom of Saudi Arabia, enabling the reprocessing of significant amounts of petrochemical waste into high-value-added energy products.
Currently seen as a medium-term diversification initiative, Wellbred is exploring plans to make Waste-to-Energy a profitable long-term revenue stream.
Aligned with the government’s Saudi Vision 2030, Wellbred is working to integrate Generative AI to gain deeper predictive insights into market dynamics and make more informed, proactive decisions and technological interventions to improve efficiencies and support a circular economy model.
Wellbred began building a renewable energy products portfolio in 2022 with the incorporation of a Renewables Desk in Europe.
Exploring second-generation renewables such as hydrogenated vegetable oil, animal fat, and high-free fatty acids, Wellbred is working swiftly to address the biofuel demands of European nations.
Now, Wellbred has taken a significant stride towards consolidating its renewables portfolio in August 2024, with the acquisition of a biofuel refinery in Preméry, France.
Wellbred Trading’s commitment to renewable energy is strengthened with the acquisition of La Nivernaise de Raffinage SAS, a French refinery that converts used cooking oil into biofuels. This strategic expansion not only enhances Wellbred’s clean energy portfolio but also ensures the retention of the entire workforce, promoting local economic growth.
Managing Director of Wellbred Trading SA, Simon Lausch, is also President of La Nivernaise de Raffinage SAS, ensuring that the plant is fully integrated into the Wellbred portfolio. He oversees the plant’s strategic growth and operational efficiency, and his dual role ensures seamless collaboration between the plant and Wellbred’s broader renewable energy ambitions. Wellbred Trading uses La Nivernaise de Raffinage as a foundation for global trading of feedstocks and the distribution of biodiesel into France, Germany and Spain.
Click here to visit the website of La Nivernaise de Raffinage refinery
Wellbred is harnessing cutting-edge AI technologies to develop eco-friendly solutions that enhance our work environment and support our sustainability objectives. These advanced AI-driven innovations are being integrated through state-of-the-art techniques to ensure optimal solutions for future growth and development.
The Wellbred Environmental, Social, and Governance (ESG) framework drives sustainability, fosters new production opportunities, and supports ethical business practices while enhancing the work environment and promoting growth.
Our ESG focus has been on tracking and advancing our practice in three key areas:
Wellbred manages its carbon footprint by offsetting carbon emissions in its trading sectors. This is achieved through a mix of carbon offset certifications and CO2 emission compensation via external climate protection projects, with the goal of net-zero emissions.
Since 2021, Wellbred has been auditing its Greenhouse Gas (GHG) emissions for Scope-1 and Scope-2, with plans to expand to Scope-3. We have partnered with SGS to complete a comprehensive GHG audit across all scopes.
In 2024, Wellbred completed its International Sustainability and Carbon Certification (ISCC) audit with SGS.
Wellbred is committed to the well-being of our workers, clients, vendors, and the local community through a supportive work environment, ethical trade practices, and community engagement initiatives. Our policies on human rights, diversity and inclusion, health, and safety are regularly updated to maintain high morale and foster a strong sense of belonging among all stakeholders.
Wellbred management ensures that all business operations align with the best interests of our stakeholders. This oversight encompasses diverse and inclusive leadership, fair compensation, effective risk management, and adherence to ethical standards.
Click the buttons below to learn about Wellbred’s sustainability certifications.
Wellbred CO2 Offset Certification by SGS Institute for fiscal 2021
Wellbred CO2 Offset Certification by SGS Institute for fiscal 2022
ISCC certificate 2024-25.
ISCC Audit Report 2023
‘Cooking Stove in Malawi’ [2021]
Plastic-free Oceans Worldwide’ [2022]
