COMMUNITY INVESTMENT
Genesis Energy is committed to being a good corporate citizen in the communities in which we operate by making positive contributions through local initiatives to deliver meaningful social and economic impact.
We believe our neighbors, governments, and communities play an important role in how we conduct our business. We strive to build and maintain healthy relationships throughout all areas where we operate. We believe in two-way engagement and dialogue with local stakeholders to build trust and foster collaboration.
Read our Community Relations Policy
Genesis Energy has contributed the following economic benefits to the communities in which we operate:
- Hiring locally and providing a competitive compensation and benefits package
- Sourcing vendors and suppliers from the communities in which we operate
- Bolstering local revenues through property and sales taxes
- Providing monetary and nonmonetary support to local organizations through our corporate giving and volunteer programs
Investing in the communities in which we work is a mutually beneficial proposition. We focus our donations in four main areas where we believe we will have the most impact: community support, education, safety and emergency responder support and environmental conservation. We look for local institutions, programs and projects that:
- Align with our business goals, philosophies, and values
- Make a distinctive contribution with measurable impact
- Provide opportunities to collaborate with business partners and/or community leaders and other stakeholders
The data appearing above is an approximation and is expected to fluctuate and change year over year. It should not be interpreted as being indicative of trends or guarantees of future results. Genesis Energy expressly disclaims, any representation or warranty as to the accuracy or completeness of such data. The data may be modified, updated, changed, deleted or supplemented from time to time without notice.
Community Support
We provide monetary donations to local food banks to help support our local communities. These donations provide over 100,000 meals across the Gulf Coast and in Wyoming. We support Houston’s Be A Resources for CPS Kids (BEAR) holiday gift program through monetary donations and an employee toy drive. We support multiple health programs in Wyoming including Cowboys Against Cancer and the Memorial Hospital of Sweetwater.
Education
We support Junior Achievement in Houston, Texas and Baton Rouge, Louisiana. Junior Achievement helps prepare children to succeed in the global economy. Our donations to the University of Wyoming, have helped build a new process control lab that expands the university’s training and research in the areas of control engineering, instrumentation, simulation, and design and construction of process control systems.
Safety and Emergency Responder Support
We support safety and emergency responders through the donations to local Volunteer Fire Department as well as the Firehouse Sub Public Safety Foundation. We also support the Seaman’s Church Institute.
Environmental Conservation
We support environmental conservation in Galveston, Texas and throughout the Gulf Coast through The Galveston Bay Foundation and The Conservation Fund. These organizations work to preserve and restore critical environments. Our targeted contributions to the Wyoming Wildlife Foundation have provided for the construction of conservation fencing around our Granger facility to protect and preserve natural habitat. We also support Ducks Unlimited and the Teton Raptor Center.
Employee Giving and Volunteering
We encourage our employees to volunteer and give back to the community by offering company organized opportunities to partner with local charities and programs. These events include working with local food banks and other organizations to support environmental restoration through tree plantings, oyster reef restoration, reforestation projects, and park and wetland cleanups.
Genesis Volunteers helped construct and place reef “bars” (mesh bags that are filled with recycled oyster shells) in the shallow shoreline waters of Galveston Bay at the Galveston Bay Foundation’s Sweetwater Preserve. The oyster reef restoration activity had at least a 3-fold environmental impact: the reef structure acts as a natural breakwater to reduce wave action against the shoreline, allowing marsh habitat to restore, the structure provides vital habitat for many aquatic species including oysters, and the oysters that will inhabit the structure will naturally filter and clean the water.
The Genesis Team created over 120 oyster shell bags and returned 156 oyster shell bags to the Bay. This project returned over 2 tons of recycled oyster shells to the Bay, thereby, diverting them from local landfills. The Team constructed 25 feet of oyster shell breakwater and created homes for over 12,000 oysters.
