Aemetis, Inc.
AMTX.US | Manufacture of refined petroleum products
Aemetis, Inc. is a renewable fuels and biochemicals company focused on the production of advanced fuels and chemicals from renewable resources. The company operates through two segments: North America and Universal Biofuels. The North America segment focuses on the production of renewable fuels, inc...Show More
Better Health for All
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Aemetis's core business involves producing renewable fuels and biochemicals like ethanol, biodiesel, renewable natural gas, sustainable aviation fuel, and renewable diesel.
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While these products aim to reduce greenhouse gas emissions and improve air quality,
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the rubric explicitly states that environmental pollution control is not relevant to the 'Better Health for All' value. Therefore, the company's principal goods and services are considered to have no direct health impact under this value. In response to the COVID-19 pandemic, Aemetis began producing high-grade alcohol sanitizer with 70% or 80% alcohol content, meeting FDA requirements,
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starting in March 2020.
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This activity, while health-positive, was a reactive measure during a public health emergency. The company's response to the global health crisis was structured and showed moderate flexibility, but the article does not indicate significant resource mobilization or donations beyond repurposing existing production capacity. No evidence was found for other health-related KPIs.
Fair Money & Economic Opportunity
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Aemetis, Inc. is a renewable fuels and biochemicals company, not a financial institution. The provided articles detail its operations in renewable natural gas, ethanol, and biodiesel production, financial performance, regulatory approvals, and funding for its projects. There is no evidence that the company offers lending, deposit, or other financial services to consumers or businesses, nor does it generate or manage customer financial data. The mention of the EB-5 Immigrant Investor Visa Program refers to Aemetis securing funding from investors, not providing financial services to them.
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Therefore, all KPIs related to fair money and economic opportunity are not applicable to Aemetis.
Fair Pay & Worker Respect
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No specific, concrete data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect. While the CEO's compensation for 2024 was stated as $1,637,000, the median employee compensation or the CEO to median pay ratio was not provided, preventing assessment of that KPI.
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The other articles did not contain information relevant to worker welfare, pay equity, safety, or labor practices.
Fair Trade & Ethical Sourcing
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No specific, quantitative data related to fair trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in supplier contracts, high-risk materials spend, or supplier diversity spend for Aemetis, Inc. was found in the provided articles.
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While a Supplier Code of Conduct is mentioned, the articles do not provide evidence on its implementation or the percentage of suppliers covered by enforceable ethical clauses.
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Honest & Fair Business
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No specific, concrete data points were found in the provided articles to assess the company against the defined KPIs for Honest & Fair Business. While a code of ethics for Aemetis, Inc. (not AMTX.US) was mentioned, it did not provide quantifiable evidence or specific details on policy implementation, enforcement, or outcomes for any of the KPIs.
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Kind to Animals
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Aemetis supplies animal feed to 80 local dairies and feedlots, feeding approximately 100,000 cows annually.
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The company also sources biogas from dairy farms, with agreements with 37 dairies and plans to capture methane from over 150,000 cows.
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While California dairies participate in the National Dairy FARM Program,
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there is no evidence that Aemetis's direct operations or its specific dairy partners adhere to enhanced animal welfare standards beyond basic industry practices, or that Aemetis itself has any animal agriculture operations. Aemetis selected Axens Vegan® Technology for its Carbon Zero Project for renewable diesel and sustainable aviation fuel production, and its 'Carbon Zero' plants are designed to utilize non-edible vegetable oils.
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However, there is no evidence of participation in multi-stakeholder initiatives to develop industry-wide animal-free testing or sourcing standards. The company has engaged with the Indian government regarding biodiesel mandates and launched the India Biodiesel Manufacturers Association,
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but there is no public position or advocacy on animal welfare legislation or standards.
No War, No Weapons
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Aemetis, Inc. is a renewable fuels and biochemicals company, with its core business focused on the production of renewable natural gas, ethanol, biodiesel, and sustainable aviation fuel.
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The provided articles consistently indicate that the company's operations are entirely within the renewable energy sector. There is no evidence to suggest any involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, or any other defense-related business activities. The acquisition of a former U.S. Army facility in Riverbank, California, was explicitly for the production of sustainable aviation fuel and renewable diesel, not for military purposes.
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Therefore, all KPIs related to war and weapons are not applicable to Aemetis's operations as described in the evidence.
Planet-Friendly Business
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Aemetis has received necessary air permits for its Sustainable Aviation Fuel and renewable diesel facility, including Authority to Construct (ATC) air permits from the San Joaquin Valley Air Pollution Control District.
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The company also obtained a Use Permit and California Environmental Quality Act (CEQA) review approval from the City of Riverbank in September 2023.
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Additionally, Aemetis is in the final phase of LCFS pathway approvals for seven dairy digesters by CARB.
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There is no evidence of any environmental compliance violations, fines, or enforcement actions reported across the provided articles.
Respect for Cultures & Communities
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No specific, concrete evidence was found in the provided articles regarding Aemetis, Inc.'s performance on any of the KPIs related to Respect for Cultures & Communities. The articles do not mention formal partnerships with community groups, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, community complaint resolution times, FPIC processes, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion.
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Safe & Smart Tech
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Aemetis reported no material cybersecurity threats in 2023 or 2024, indicating no significant data breaches in the past two years.
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The company utilizes a third-party cybersecurity and information security awareness training program, including online modules and phishing simulations, but no data on completion rates or effectiveness is provided.
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No specific incidents of unauthorized data use have been mentioned.
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Aemetis states they collect personal information voluntarily provided and keeps it for no longer than 2 years unless legally required.
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However, they collect various personal data including IP address, device characteristics, and precise location data.
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While users have rights to access, object to processing, correct, delete, and restrict processing of their data, the company's cookie policy indicates the use of marketing/tracking cookies to create user profiles for advertising.
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Aemetis mentions compliance with CPRA for California residents but also acknowledges that they may disclose certain personal information to third parties under circumstances that might be deemed a 'sale' or 'sharing' for California residents.
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Zero Waste & Sustainable Products
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Aemetis implements several waste reduction initiatives by utilizing agricultural waste, capturing methane emissions from animal waste through dairy digesters for renewable natural gas (RNG) production, and using woody waste as feedstock.
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For example, the company uses over 130,000 tons per year of agricultural waste as feedstock.
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These initiatives are central to its business model of converting waste into renewable fuels and biochemicals.