POET, the world’s largest producer of biofuels and a leading producer of bio-based products, is proud to announce the release of its inaugural sustainability report, which outlines the company’s focus on environmental, social and governance (ESG) initiatives.
POET established several ESG goals, including the achievement of net-zero carbon at its bioprocessing facilities by 2050. In addition, POET pledges to ensure that its renewable, plant-based bioethanol reduces greenhouse gas (GHG) emissions by at least 70% compared to gasoline by 2030. According to a recent study, today’s bioethanol reduces carbon emissions by 46% compared to gasoline.
“Sustainability has always been at POET’s core. We recognize that our planet urgently needs bolder solutions and better results if we hope to restore harmony between human and nature and sustain Earth’s fragile balance for future generations,” said Jeff Broin, POET Founder and CEO. “Now more than ever, it is critical that we embrace the bioeconomy, significantly reduce our dependence on fossil fuels, and harvest our energy from the surface of the Earth.”… Continue readingRead More »