Renewable Energy Group, commonly known as REG, is a leading player in the renewable energy sector, headquartered in the United States. Founded in 1996, the company has established itself as a pioneer in the production of biofuels, particularly biodiesel and renewable diesel, with significant operations across North America and Europe. REG focuses on sustainable energy solutions, offering a range of products that convert waste materials into high-quality renewable fuels. Their commitment to innovation and sustainability sets them apart in the industry, as they strive to reduce carbon emissions and promote cleaner energy alternatives. With a strong market position, Renewable Energy Group has achieved numerous milestones, including the expansion of its production facilities and strategic partnerships that enhance its operational capabilities. As a trusted name in renewable energy, REG continues to lead the charge towards a more sustainable future.
How does Renewable Energy Group'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 Gas/Diesel Oil 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.
Renewable Energy Group's score of 3 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Renewable Energy Group (REG) reported total carbon emissions of approximately 1,440,000 kg CO2e for Scope 1, 47,200,000 kg CO2e for Scope 2 (market-based), and about 1,009,181,000 kg CO2e for Scope 3 emissions. The company has consistently maintained a Scope 1 GHG emissions intensity of 80.0 kg CO2e per tonne of sales product across recent years. In 2020, REG's emissions included approximately 150,900,000 kg CO2e for Scope 1, 87,600,000 kg CO2e for Scope 2, and a significant 1,420,400,000 kg CO2e for Scope 3, which highlights the substantial impact of their supply chain and product use. Despite these figures, REG has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction commitments suggests a need for further transparency regarding their climate strategies. Overall, REG's emissions data reflects their operational impact and underscores the importance of ongoing efforts to enhance sustainability within the renewable energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | |
---|---|---|
Scope 1 | 150,900,000 | 000,000,000 |
Scope 2 | 87,600,000 | 00,000,000 |
Scope 3 | 1,420,400,000 | 0,000,000,000 |
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.
Renewable Energy Group is not committed to any reduction initiatives 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.