Renewable Energy Group, Inc. is pleased to announce the issuance of its 2021 environmental, social and governance (ESG) report. As the world transitions to clean energy solutions, REG plays a critical role in the advancement of decarbonization of liquid fuels.
“At the core of what we do is our shared purpose to create a cleaner world with a focus on reducing greenhouse gas (GHG) emissions and carbon footprint, for now and for the future,” said REG President & CEO, CJ Warner. “This motivation continues to drive our sustainable operations and deliver the clean, high performing fuels that benefit both our customers and our planet.”
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The new report showcases the company’s 2021 ESG performance. Highlights include:
- Produced 480 million gallons of bio-based diesel, which generated 4.1 million metric tons of carbon reduction
- 78% of feedstocks used to make products sourced from waste and residual streams
- Issued $550 million “green bond” to finance the expansion of REG’s Geismar, Louisiana biorefinery and broke ground on the expansion and improvement project
- Set corporate record for safety performance with industry leading 0.23 OSHA incident rate
- Increased Board diversity with new Board appointees bringing impressive backgrounds and experience and established explicit Board diversity goal
- Enhanced sustainability reporting to increase alignment to the Sustainability Accounting Standards Board (SASB) standard for the biofuels industry
Read the full report by clicking here or visiting regi.com.
Source: Renewable Energy Group, Inc.