Renewable Energy Group
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 2 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Renewable Energy Group's reported carbon emissions
In 2020, Renewable Energy Group reported significant carbon emissions, totalling approximately 1,420,400,000 kg CO2e across all scopes. This included Scope 1 emissions of about 150,900,000 kg CO2e, Scope 2 emissions of around 87,600,000 kg CO2e, and Scope 3 emissions reaching approximately 1,420,400,000 kg CO2e. Notably, the Scope 3 emissions were primarily driven by the use of sold products, which accounted for about 1,076,000,000 kg CO2e. In 2021, the company continued to disclose its emissions, focusing solely on Scope 3, which included employee commute emissions of about 1,842,000 kg CO2e, alongside significant contributions from the use of sold products and other categories. Despite these emissions figures, Renewable Energy Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company maintains a GHG emissions intensity of 80.0 tonnes CO2e for Scope 1 and 40.0 tonnes CO2e for Scope 2, reflecting its operational efficiency in emissions management. As a leader in the renewable energy sector, Renewable Energy Group's commitment to addressing climate change remains crucial, although further transparency regarding its reduction strategies would enhance its sustainability profile.
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Add to project| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 150,900,000 | - |
| Scope 2 | 87,600,000 | - |
| Scope 3 | 1,420,400,000 | 0,000,000,000 |
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.
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.
