Climate Change Data

REX American Resources Corp.

Climate Impact & Sustainability Data (2021-01 to 2022-12)

Reporting Period: 2021-01 to 2022-12

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Environmental Opportunities
  • Natural Capital
  • Pollution and Waste
  • Human Capital
  • Stakeholder Relations
  • Corporate Governance
  • Corporate Behavior

Environmental Achievements

  • Reduced water usage by 8.4% per gallon of undenatured ethanol produced between 2021 and 2022 through a water-recovery and reuse project.
  • EPA approval for Efficient Producer Pathway due to >20% reduction in total greenhouse gas emissions per gallon of undenatured ethanol compared to EPA gasoline baseline.

Social Achievements

  • Zero major safety incidents or issues.
  • Maintained excellent working relationships between management and employees.
  • Created 115 permanent jobs in Gibson City, IL and Marion, SD.
  • Increased corn yield per acre for farmers in the region.

Governance Achievements

  • Adopted Corporate Governance Guidelines covering nine topics.
  • Six of nine board members are independent directors.
  • Improved board diversity with four of nine directors representing gender, race, and ethnic diversity.
  • Adopted an Audit Committee Charter, a Compensation Committee Charter, and a Code of Business Conduct and Ethics.

Climate Goals & Targets

Long-term Goals:
  • Strive toward near-net-zero status in plants (through carbon sequestration project).
Short-term Goals:
  • Reduce natural gas usage and CO2 emissions through projects launched in 2022 (evaluation in 2023).

Environmental Challenges

  • Reducing natural gas usage and CO2 emissions.
  • Maintaining safety standards.
Mitigation Strategies
  • Launched projects to reduce natural gas usage through improved technologies, equipment upgrades, and process improvements (to be evaluated in 2023).
  • Implemented a third-party safety audit program and made improvements based on audit findings (e.g., fire suppression system, area lighting improvements).
  • Conducting regular safety audits and emergency response drills.

Supply Chain Management

Responsible Procurement
  • Direct sourcing of corn from producers to reduce transportation needs and CO2 emissions.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Opportunities
  • Carbon sequestration project.

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (12 of 17)