POET highlights 2021’s sustainability achievements

In South Dakota, a 40 percent increase in biofuel production capacity, an on-site solar farm and a company roadmap to net carbon neutrality highlighted a year focused on sustainability for POET, the world’s largest biofuel producer.

“Every person, every business has a responsibility to keep moving our world toward sustainability,” POET Founder & CEO Jeff Broin said. “At POET, that includes growing our business of producing biofuel and other valuable bioproducts for the world, but it goes beyond that.

“It means creating renewable energy to power our headquarters,” he said. “It means taking a leadership role in broader sustainability efforts in agriculture. And it means being visible, telling the hard truths and gaining advocates for environmental responsibility.”

The biggest news of the year for POET was the acquisition in June of six bioprocessing facilities in Iowa and Nebraska as well as two terminals in Texas and Georgia that brought the company’s annual production capacity to 3 billion gallons of bioethanol.

In September, POET released its inaugural sustainability report along with a pledge to achieve net-zero emissions at its bioprocessing facilities by 2050.