Green Plains

Green Plains, a US-based company in the Heavy Fuel Oil industry, reported its most recent emissions data for 2023. In 2023, the company's Scope 1 emissions were approximately 1.21 billion kg CO2e, Scope 2 emissions were around 366 million kg CO2e, and Scope 3 emissions totalled about 2.53 billion kg CO2e. This includes about 1.95 billion kg CO2e from purchased goods and services, 344 million kg CO2e from fuel and energy-related activities, 75 million kg CO2e from the use of sold products, 78 million kg CO2e from downstream transportation and distribution, 50 million kg CO2e from upstream transportation and distribution, 30 million kg CO2e from capital goods, and 2 million kg CO2e from employee commute.

For 2022, Green Plains reported Scope 1 emissions of approximately 1.25 billion kg CO2e, Scope 2 emissions of about 357 million kg CO2e, and Scope 3 emissions of roughly 2.85 billion kg CO2e. In 2021, Scope 1 emissions were around 1.10 billion kg CO2e, Scope 2 emissions were about 338 million kg CO2e, and Scope 3 emissions were approximately 2.34 billion kg CO2e. In 2020, Green Plains's Scope 1 emissions were approximately 1.18 billion kg CO2e, and Scope 2 emissions were about 348 million kg CO2e. For 2019, Scope 1 emissions were about 1.32 billion kg CO2e, and Scope 2 emissions were approximately 527 million kg CO2e. In 2018, Scope 1 emissions were about 4.79 billion kg CO2e, and Scope 2 emissions were around 652 million kg CO2e. For 2017 and 2016, only Scope 1 emissions were reported, at approximately 1.86 billion kg CO2e and 1.93 billion kg CO2e, respectively. In 2015, Scope 1 emissions were about 1.50 billion kg CO2e.

Green Plains has set ambitious climate commitments. The company aims for carbon-neutral operations by 2050 across all scopes, starting from a 2023 baseline. Green Plains also has Science Based Targets initiative (SBTi) approved near-term targets. It commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 37.8% by 2030 from a 2021 base year. Additionally, the company commits to reduce absolute Scope 3 GHG emissions by 22.5% within the same timeframe. These targets are consistent with reductions required to keep warming to 1.5°C.

In its carbon reduction strategy, Green Plains is working to lower Scope 1 and 2 emissions. As part of this, the company has committed to the Summit Carbon Solutions Midwest Carbon Express project, aiming to capture and store biogenic carbon dioxide from eight biorefineries in Nebraska, Iowa, and Minnesota, with an anticipated completion date of 2024. Furthermore, Green Plains aims to achieve a 20% reduction in GHG emissions from a 2005 baseline for its plants operating above their authorised capacities under the Renewable Fuel Standard (RFS) mandate. Four of its plants currently maintain Efficient Producer Pathways to operate at increased capacities with this target.