Our standards
A sustainable business model is the foundation of any future-oriented company, in economic, ecological and social terms.
HMS Bergbau AG and its subsidiaries are committed to acting ethically and sustainably in all business areas. The corporate culture and entrepreneurial actions are in line with the group’s ethical standards and thus ensure not only long-term but also sustainable growth. Long-term economic success is only possible at international level if laws and regulations, as well as ethical standards, are complied with.
We screen our suppliers and business partners via KYC („know your customer”) processes. This enables us to offer services at a high technical and qualitative level according to international standards, while being a reliable and integral partner for our clients.
Environment
CO2 compensation and the financing of emission-reducing projects
Taking responsibility for the environment is part of being an agile and sustainable company. HMS Bergbau AG has been certified as a CO2-neutral company since 2020. Independent and authorized analysts determined the CO2 emissions of the HMS Group for the past fiscal year. The CO2 compensation is realized through investments in international climate protection projects. Shares are acquired in Gold Standard projects that sustainably reduce greenhouse emissions.
The CO2 emissions determined, which include factors such as the energy consumption of the offices, the company-owned vehicles, but also business trips and the commuting behavior of all employees of the globally active group, are recalculated annually and compensated accordingly.
We clearly see this measure as a competitive advantage in the market, which we pass on to our customers as further added value.
HMS Bergbau AG supports the following UN Sustainable Development Goals (SDGs) through investments related to carbon offsetting:
Sustainable projects
Apart from our investments into emission reducing projects in connection with the CO2 compensation of the company, HMS engages in the development of own sustainable projects. This includes the hydrogen sector as well as carbon capture and storage (CCS) and Carbon Capture and Utilisation (CCU) technologies for the coal sector. HMS constantly focuses on combining energy processes efficiently and together with fair structural growth and the creation of sustainable value chains and the resulting jobs.
Critical raw materials of the European Union
On a European level, HMS Bergbau AG is guided by the critical raw materials lists. These have been published by the European Commission since 2011, every three years. In this context, critical means that raw materials are of crucial importance for the functioning and integrity of numerous industrial ecosystems and that supply risks exist due to international distribution and trade bottlenecks. Secure and sustainable access to resources is of strategic importance and is central to the implementation of the Green Deal.
In addition to raw materials such as lithium and beryllium, coking coal has also been regarded as critical since 2011, according to assessments by the European Commission. By establishing production sites within the European Union, sustainable resilient value chains can be secured, which minimize the supply risk in the long term. With this in mind, HMS Bergbau AG is developing a coking coal project in the Silesian coalfield through its subsidiary Silesian Coal. In the future, up to 1.5 million tons of coking coal will be mined here each year, which will be required within the EU as coking coal for steel production and as a basis for carbon fibers and battery electrodes.