Key Takeaways:
- 2023 Sustainability Report Release: Green Plains Inc. has published its fourth annual Sustainability Report, highlighting the company’s commitment to environmental sustainability, technological advancements, and social responsibility.
- Carbon Reduction and Technological Innovations: The report details Green Plains’ strides in reducing carbon intensity, enhancing technology, and forming strategic partnerships, along with achieving important food safety and sustainability certifications.
- Leadership in Sustainable Ingredients: Todd Becker, President and CEO, emphasizes Green Plains’ role as a leader in providing low carbon-intensity, sustainable ingredients, underpinned by a commitment to transparency, accountability, and workplace safety.
- Notable Achievements: Key accomplishments include a 28% reduction in greenhouse gas emissions from a 2018 baseline, food safety certifications, a sustainability certification from EcoVadis, advancements in regenerative agriculture, and a significant reduction in OSHA recordable injury rates.
- Scope 3 Emissions and Supply Chain Initiatives: The report underscores efforts to monitor scope 3 emissions and incentivize emissions reductions throughout Green Plains’ supply chain, marking a comprehensive approach to sustainability.
A Comprehensive Approach to Sustainability
Green Plains Inc. has unveiled its 2023 Sustainability Report, marking the company’s fourth annual publication dedicated to outlining its sustainability journey. This latest report underscores Green Plains’ ongoing commitment to environmental stewardship, social responsibility, and governance (ESG) principles, highlighting significant strides in carbon reduction, technology innovation, and the achievement of key certifications.
Leadership in Low Carbon-Intensity Solutions
Todd Becker, President and CEO of Green Plains, remarked on the company’s position as a sustainability leader: “Our longstanding commitment to sustainability and innovation has made Green Plains a leader in providing low carbon-intensity, sustainable ingredients.” Becker’s statement reflects the company’s dedication to reducing carbon intensity, enhancing workplace safety, and maintaining transparency and accountability across its operations.
Key Achievements and Innovations
The 2023 Sustainability Report details several notable achievements, including:
- A 28% reduction in operational greenhouse gas emissions from the 2018 baseline, highlighting the company’s effective carbon reduction strategies.
- Food Safety Certification 22000 obtained for Maximized Stillage Co-products™ processes at two biorefineries, underscoring the company’s commitment to quality and safety.
- A sustainability certification from EcoVadis, evidencing Green Plains’ adherence to leading sustainability standards.
- Initiatives in regenerative agriculture and data collection aimed at better tracking and reducing scope 3 emissions across the supply chain.
- A 56% reduction in the 2023 OSHA recordable injury rate from the 2020 baseline, surpassing the goal of a 35% reduction by 2025 and demonstrating significant improvements in workplace safety.
Driving Forward Sustainability and Innovation
Through these achievements, Green Plains Inc. demonstrates not only its capability to lead in the production of sustainable ingredients but also its dedication to evolving its sustainability practices. The company’s efforts in reducing carbon emissions, enhancing safety, and fostering transparency set a benchmark for the industry, pointing towards a sustainable future driven by innovation and responsibility.
Read more here.
Green Plains Inc. Latest News
Strong Results for Q4 and FY 2023 (2024/02/09)
Green Plains Inc. achieved a financial turnaround in Q4 2023, transitioning from a net loss to a net income of $7.2 million despite decreased revenue. The company’s strategic initiatives, focus on higher-margin products, and operational efficiencies led to a significant increase in EBITDA. Green Plains is undergoing a strategic transformation aimed at enhancing its product portfolio and optimizing its asset base for higher utilization and margins. The company is also positioning itself to capitalize on the growing demand for decarbonization solutions. Green Plains is nearing the completion of three significant projects that promise to redefine its operational and financial trajectory. The company is exploring strategic alternatives to maximize shareholder value.
Releases Third Annual Sustainability Report Outlining ESG Priorities (2023/04/12)
Image provided by Green Plains
