POET, LLC
POET, LLC, a leading name in the biofuels industry, is headquartered in the United States and operates extensively across major agricultural regions. Founded in 2007, the company has established itself as a pioneer in renewable energy, focusing on the production of bioethanol and other sustainable products derived from corn and other biomass sources. With a commitment to innovation, POET offers unique solutions that enhance energy efficiency and reduce carbon emissions. Their state-of-the-art facilities and advanced technologies set them apart in the market, enabling them to produce high-quality biofuels that meet growing energy demands. Recognised for their significant contributions to the renewable energy sector, POET continues to drive advancements in sustainable practices, solidifying its position as a market leader in biofuels and environmental stewardship.
DitchCarbon Score
How does POET, LLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
POET, LLC's score of 13 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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POET, LLC's reported carbon emissions
In 2021, POET, LLC reported a carbon intensity of approximately 0.052 kg CO2e per megajoule (MJ) of corn ethanol produced, reflecting their ongoing commitment to reducing carbon emissions in the biofuel sector. In 2020, the carbon intensity was slightly lower at about 0.051 kg CO2e per MJ. However, specific total emissions data for Scope 1, 2, and 3 are not disclosed, indicating a lack of detailed reporting on their overall carbon footprint. Currently, POET has not established any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This absence of defined reduction initiatives suggests that while the company is actively monitoring its carbon intensity, it may not yet have formalised comprehensive strategies for significant emissions reductions. As a leader in the biofuels industry, POET's focus on carbon intensity metrics is crucial for aligning with global climate goals, but further transparency and commitment to reduction targets would enhance their climate strategy.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
POET, LLC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
