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.
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.
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.
POET, LLC's score of 13 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 their operations. The previous year, 2020, the carbon intensity was about 0.051 kg CO2e per MJ, indicating a slight increase in emissions intensity. Currently, POET has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets or climate pledges. However, their focus on the carbon intensity of their corn ethanol production suggests an awareness of the need for sustainable practices within the biofuel industry. As a leader in the renewable energy sector, POET's commitment to improving carbon efficiency is crucial in the context of global climate initiatives, even in the absence of detailed emissions data or reduction commitments.
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.