Renewable Energy Group Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Renewable Energy Group's score of 8 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Renewable Energy Group's reported carbon emissions
In 2021, Renewable Energy Group (REG), headquartered in the US, reported total carbon emissions of approximately 144,000,000 kg CO2e for Scope 1, 47,200,000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including about 1,009,181,000 kg CO2e from the use of sold products. The company has disclosed emissions data across all three scopes, demonstrating transparency in its environmental impact. REG's emissions for previous years include approximately 129,400,000 kg CO2e for Scope 1 and 66,400,000 kg CO2e for Scope 2 in 2019, and similar figures for earlier years, indicating a consistent reporting practice. However, there are no specific reduction targets or initiatives documented in their recent disclosures, and no climate pledges have been made public. The emissions data is cascaded from Renewable Energy Group, Inc., with additional performance data sourced from Chevron Corporation, reflecting the corporate family relationship. This context highlights REG's commitment to addressing climate change, although specific reduction initiatives or targets have not been outlined.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 113,200,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
| Scope 2 | 59,700,000 | 00,000,000 | 00,000,000 | - | 00,000,000 |
| Scope 3 | 59,600,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Renewable Energy Group's Industry?
How Carbon Intensive is Renewable Energy Group's Location?
Renewable Energy Group's Scope 3 Categories Breakdown
Renewable Energy Group's Scope 3 emissions, which decreased by 6% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 77% of Scope 3 emissions.
Top Scope 3 Categories
Renewable Energy Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Renewable Energy Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
