Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Sustainable Agriculture
• Renewable Energy

Environmental Achievements

• Sequesters 0.8 to 4 kilograms of carbon dioxide in the soil for every gallon of jet fuel produced
• Reduces methane emissions from livestock through high-protein animal feed
• Partners with Juhl Energy for renewable electricity from wind power

Social Achievements

• Produces high-protein animal feed as a co-product, benefiting farmers and livestock
• Collaborates with farmers to improve soil health and farming practices
• Plans to install digesters at area farms to utilize biogas for renewable energy

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Energy consumption in the production process adds to the carbon footprint
• Isobutanol fermentation stress on yeast

Mitigation Strategies

• Partnership with Juhl Energy for renewable electricity
• GIFT® process for continuous isobutanol removal during fermentation

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of sustainable aviation fuel and other renewable fuels

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 2 (Zero Hunger)

Production of renewable fuels, carbon sequestration, and high-protein animal feed contribute to these goals.

Sustainable Products & Innovation

• Sustainable aviation fuel (SAF)
• Isobutanol
• Isooctane
• Renewable gasoline
• Renewable diesel
• Ethanol

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Responsibility
• Governance

Environmental Achievements

• Developed Verity Tracking, a blockchain platform to track and verify carbon intensity of products throughout their lifecycle.
• Developed Alcohol-to-Jet pathways using proprietary technologies to produce SAF with more than 50-percent GHG reductions.
• Implemented sustainable farming practices with farmers to capture and sequester carbon in the soil.
• Deployed wind turbines to supply green electricity at the development facility in Luverne, Minnesota.

Social Achievements

• Developed the ‘Fueling the Community’ volunteer program.
• Improved workplace safety, reducing the total recordable incident rate (TRIR) from 5.0706 in 2020 to 1.598 in 2021.
• Implemented strategies to support diversity and inclusion, including required training and pay equity.
• Created a farmer program to incentivize sustainable agricultural practices.

Governance Achievements

• Maintained a majority of independent directors on the board.
• Implemented various policies and guidelines, including a Code of Business Conduct and Ethics, Complaint Resolution Policy, and Corporate Governance Guidelines.
• Established key partnerships with companies like Axens, BP, Delta Airlines, Juhl Energy, Kolmar, Praj Industries, and Trafigura.

Climate Goals & Targets

Environmental Challenges

• Reducing fossil-based energy from the business system to achieve net-zero fuels.
• Scaling production and commercialization of liquid hydrocarbons.

Mitigation Strategies

• Using renewable energy sources like wind turbines and biogas.
• Collaborating with partners to develop renewable energy solutions.
• Implementing sustainable agricultural practices with farmers.
• Developing Verity Tracking to improve transparency and traceability.

Supply Chain Management

Responsible Procurement

• Collaboration with farmers using sustainable agricultural practices.
• Partnerships with suppliers committed to sustainability.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and processes.

Reporting Standards

Frameworks Used: Argonne GREET model

Certifications: RSB (for Luverne, Minnesota facility)

UN Sustainable Development Goals

• SDG 5
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 12
• SDG 13
• SDG 15
• SDG 17

Gevo's initiatives align with these SDGs through various programs and partnerships.

Sustainable Products & Innovation

• Sustainable Aviation Fuel (SAF)
• Premium Renewable Gasoline
• Renewable Diesel
• Renewable Natural Gas (RNG)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance
• Health and Safety
• Sustainable Agriculture
• Community Development
• Supply Chain Sustainability

Environmental Achievements

• Commenced operations at NW Iowa Renewable Natural Gas (RNG) facility, preventing over 87,000 metric tons of CO2 equivalent from entering the atmosphere in 2022.
• Broke ground on Net-Zero 1 (NZ-1) SAF facility, designed to minimize reliance on grid electricity and leverage green hydrogen.
• Working with farmers to adopt climate-smart agriculture practices.
• Developing Verity Tracking platform to monitor and historicize sustainability attributes across the supply chain.

Social Achievements

• Launched Fueling the Community volunteer program, fostering 250 hours of community service in 2022.
• Established Gevo Women’s Group (G)evolution to foster growth and professional development for female team members.
• Increased female representation in workforce and management positions.
• NZ-1 facility expected to create 1500 contract positions during construction and over 450 permanent jobs.

Governance Achievements

• Maintained a majority of independent directors on the board.
• Implemented various policies and guidelines including Code of Business Conduct and Ethics, Complaint Resolution Policy, and Corporate Governance Guidelines.
• Established an Ethics and Compliance Hotline Policy.

Climate Goals & Targets

Environmental Challenges

• Supply-related environmental risks (reliance on grid electricity for NZ-1)
• Incidents at NW Iowa RNG facility resulting in accidental discharge of water and manure.

Mitigation Strategies

• Developing wind farm to produce renewable electricity for NZ-1 and generate green hydrogen.
• Implementing mitigation work to minimize the impact of discharges and resolving the matter with the Iowa DNR.

Supply Chain Management

Responsible Procurement

• Working with farmers to adopt climate-smart agriculture practices and pay premiums for sustainably grown corn.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: Argonne GREET models

Certifications: RSB certification (Luverne facility)

UN Sustainable Development Goals

• SDG 5
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 12
• SDG 13
• SDG 15
• SDG 17

Gevo's initiatives align with these SDGs through its focus on sustainable fuels, community development, gender equality, and responsible business practices.

Sustainable Products & Innovation

• Sustainable aviation fuel (SAF)
• Renewable diesel
• Renewable gasoline
• Renewable natural gas (RNG)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Sustainable Agriculture
• Renewable Energy

Environmental Achievements

• Achieving net-zero and potentially net-negative emissions through renewable and regenerative agriculture techniques, as determined by the Argonne GREET model.
• Reducing carbon intensity of fuel production by using renewable electricity from wind power and capturing biogas for thermal energy.

Social Achievements

• Producing high-value nutritional products from corn, providing 350 million pounds of protein annually per net-zero plant.
• Improving livestock diets to reduce methane emissions.
• Partnering with farmers to implement sustainable agricultural practices.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Meeting the electrical and thermal demands of renewable fuel production without increasing the carbon footprint.
• Ensuring the transparency and accuracy of life-cycle assessments.

Mitigation Strategies

• Partnering with Juhl Energy to provide renewable electricity from wind power.
• Incorporating wastewater treatment plants to capture biogas for thermal energy and cogeneration.
• Using the Argonne GREET model for life-cycle assessments.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing corn from local farmers who employ sustainable agricultural practices.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of advanced renewable fuels.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 2 (Zero Hunger)

Gevo's initiatives contribute to these goals by producing renewable energy, reducing greenhouse gas emissions, and improving food security.

Sustainable Products & Innovation

• Isobutanol, sustainable aviation fuel (SAF), isooctane, renewable gasoline, renewable diesel, and ethanol.

Awards & Recognition

• Not disclosed