Renewable Energy Group Releases 2021 ESG Report
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.”
See related article: Hostess Brands Releases 2022 Corporate Responsibility Report
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.