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 77% 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 carbon emissions data related to its operations, focusing on the carbon intensity of corn ethanol production. The carbon intensity was approximately 0.052 kg CO2e per megajoule (MJ) of corn ethanol produced. In 2020, this figure was slightly lower at about 0.051 kg CO2e per MJ. However, specific total emissions figures for Scope 1, 2, or 3 were not disclosed, indicating a lack of detailed emissions reporting. Currently, POET, LLC has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. As a leading player in the biofuels industry, POET, LLC's focus on reducing carbon intensity in ethanol production aligns with broader industry trends towards sustainability and lower greenhouse gas emissions. However, without specific targets or comprehensive emissions data, the company's climate commitments remain unclear.
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.
