Renewable Energy Group Releases 2021 ESG Report
16 Mai 2022 - 11:00PM
Business Wire
Renewable Energy Group, Inc. (REG) (NASDAQ: REGI) 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.”
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.
About Renewable Energy Group
Renewable Energy Group is leading the energy and transportation
industries’ transition to sustainability by converting renewable
resources into high-quality, sustainable fuels. Renewable Energy
Group is an international producer of sustainable fuels that
significantly lower greenhouse gas emissions to immediately reduce
carbon impact. Renewable Energy Group utilizes a global integrated
procurement, distribution and logistics network to operate 11
biorefineries in the U.S. and Europe. In 2021, Renewable Energy
Group produced 480 million gallons delivering 4.1 million metric
tons of carbon reduction. Renewable Energy Group is meeting the
growing global demand for lower-carbon fuels and leading the way to
a more sustainable future.
Note Regarding Forward Looking Statements
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, as amended. The words “believe,” “may,” “will,”
“estimate,” “continue,” “anticipate,” “design,” “intend,” “expect”
and similar expressions are intended to identify forward-looking
statements. Forward-looking statements include, but are not limited
to, statements regarding REG’s role in future decarbonization,
REG’s focus on reducing GHG emissions and carbon footprint, REG’s
sustainable operations and the benefits to customers and the
planet. Factors that could cause actual results to differ
materially include the risks and uncertainties and include but are
not limited to the failure of REG to achieve its strategic growth
plans, customer desire for clean fuel options, changing
sustainability targets, failure of legislative efforts to promote
renewable fuels, increased competition from other low carbon fuel
suppliers, changing standards applicable to renewable fuels which
may require different manufacturing processes and requalification
of our fuels, the availability and promotion of electric vehicles
and other risks described in REG’s annual report on Form 10-K for
the year ended December 31, 2021, subsequently filed Form 10-Q and
other periodic filings with the Securities and Exchange Commission.
All forward-looking statements are made as of the date of this
press release, and REG does not undertake to update any
forward-looking statements based on new developments or changes in
its expectations, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220516006010/en/
Katie Stanley Renewable Energy Group katie.stanley@regi.com
(515) 979-3771
Renewable Energy (NASDAQ:REGI)
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