ReGen III Corp.
Climate Impact & Sustainability Data (2024-09)
Reporting Period: 2024-09
Environmental Metrics
Total Carbon Emissions:903,000 tonnes of CO2e avoided per year (based on Texas Facility)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Circular Economy
- Waste Reduction
Environmental Achievements
- Expected reduction in CO2e emissions by 82% compared to virgin crude derived base oils combusted at end of life
- 903,000 tonnes of CO2e avoided per year (based on Texas Facility)
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Securing sufficient debt and equity financing for proposed facilities
- Securing and protecting proprietary technology and intellectual property
- Delays in plant development and construction
- Issues obtaining sufficient feedstock
- Unexpected facility downtime
- Obtaining required regulatory approvals
Mitigation Strategies
- Engaged National Bank Financial and Raymond James for financing
- Extensive pilot and vendor-scale testing
- Advario site selected for Texas facility
- LOIs and draft contracts for 66% of feedstock
- NDAs with potential offtake parties
- LPO Part II application underway; EDC indicative terms received
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
ReGen III's technology contributes to these goals by reducing CO2e emissions, promoting circular economy practices, and producing sustainable base oils.
Sustainable Products & Innovation
- Group III base oils
Awards & Recognition
- Not disclosed