Advancing a Lower Carbon Future

Chevron Renewable Energy Group exhibits corporate responsibility through our products, processes, policies and practices. We're providing fuel to help lead the way toward a lower carbon future by combining leading-edge quality, go-to-market agility, sensible methods, innovation and strategic partnership. 

Our Lower Carbon Milestones

Since we began our business, we have focused on providing economic and environmental value while maintaining social responsibility. Our company history and previous ESG reports document many of our past accomplishments and exemplify our path of continuous improvement and innovation. This history is the foundation on which we are building to lead the way for the renewable energy market.

1995

  • Chevron Renewable Energy Group's roots were planted with lower carbon future in mind, as we made our first investment to enable biodiesel production

1996

  • First batch plant opened and began producing methyl esters

2002

  • Ralston facility opened continuous flow biodiesel processing plant, one of the largest at that time

2010-2013

  • Acquisition of six additional biodiesel facilities, expanding Chevron Renewable Energy Group's owned nameplate capacity by more than 200 million gallons per year

2014

  • Chevron Renewable Energy Group sold 1 billionth gallon of bio-based diesel—equating to more than 6 million metric tons of greenhouse gas avoidance

2015

  • VisionZERO safety program launched 

2017

  • Philanthropy Committee formed, designating funds for community and non-profit purposes

2018

  • Chevron Renewable Energy Group launched UltraClean BlenDTM, offering market-leading performance and among the lowest emission diesel fuels on the market

2019

  • Added first female board member and named first female CEO
  • Released our first ESG report
  • Officially enacted flexible scheduling policy in response to our employee engagement survey
  • Corporate Knights named Chevron Renewable Energy Group in its Clean200 list, highlighting revenue-generating products and services which offer solutions for our planet

2020

  • Sustainability is explicitly written into our corporate mission and purpose
  • Creation of Chevron Renewable Energy Group's Inclusion and Diversity employee resource groups

2021

  • 0.23 OSHA incident rate. Set corporate record with industry-leading performance
  • $550 Million. “Green bond” issued to finance Chevron Renewable Energy Group Geismar project; broke ground on expansion and improvement project
  • COVID-19. Hosted voluntary on-site vaccination clinics
  • Green Teams. Established employee sustainability engagement initiative
  • Booster. Announced a first-of-its-kind partnership with Booster to provide mobile delivery of
    renewable diesel, biodiesel and blended fuels to fleets
  • GoodFuels. Entered a long-term agreement for the supply and development of sustainable marine biofuel solutions for the global shipping industry
  • Iowa State University. Partnered with Iowa State University to create a hydrotreater pilot plant to  understand how various biomass feedstocks can play a role in the production of renewable fuels
  • Amber Resources. Acquired Amber Resources which builds upon Chevron Renewable Energy Group's downstream strategy
  • Increased Board Diversity. New Board appointees bring impressive backgrounds and experience to CREG’s areas of growth
  • SASB-aligned. Enhanced sustainability reporting to increase alignment to the Sustainability Accounting  Standards Board (SASB) standard for the biofuels industry
  • Safety Award. Received Canadian National Railway Safe Handling Award for meeting strict standards for the safe handling and shipment of regulated products

2022

  • Chevron Announces agreement to acquire Renewable Energy Group. The transaction is expected to accelerate progress toward Chevron’s goal to grow renewable fuels production capacity to 100,000 barrels per day by 2030 and brings additional feedstock supplies and pre-treatment facilities
  • EnDura FuelsTM.  This innovative line of fuel solutions is launched to help companies meet their lower carbon and profitability targets
  • Dawson Oil Company. Acquired Dawson Oil Company which builds upon Chevron Renewable Energy Group's downstream strategy
  • CFN and Pacific Pride. Chevron Renewable Energy Group enters strategic partnership with CFN and Pacific Pride to expand distribution of lower carbon fuels
  • Acquisition completed. Chevron Corporation completed the acquisition of Renewable Energy Group, Inc. 
  • Lower carbon feedstock expansion. Chevron Renewable Energy Group broke ground on the expansion of its Emden, Germany biorefinery that included the addition of a pretreatment system at the facility
     

2023

  • Chevron and Bunge acquired Argentine-business Chacraservicios, a business focused on the cultivation of camelina, a new potential feedstock source
  • Cummins Inc. announced the understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuels with Chevron. The announcement expands the two companies’ previous strategic collaboration to encompass other liquid renewable fuels, such as renewable gasoline blends, biodiesel and renewable diesel.  

Partnering for Success

Part of our commitment to operating responsibly is making sure we work with businesses who do the same. We are extraordinarily proud of our numerous and lengthy business relationships. This loyalty directly translates to improved results, as our partners seek us out over other options and we collectively work through challenges.  

The California voluntary carbon market disclosures act (AB-1305)