Earth-abundant transition-metal catalysts capable of reducing CO₂ to useful products have been gaining attention to meet increasing energy demands and address concerns of rising CO₂ emissions. Group 6 molecular compounds remain underexplored in this context relative to other transition metals. Here, we present a molecular chromium complex with a 2,2′-bipyridine-based ligand capable of selectively transforming CO₂ into CO with phenol as a sacrificial proton donor at turnover frequencies of 5.7 ± 0.1 s^–1 with a high Faradaic efficiency (96 ± 8%) and a low overpotential (110 mV). To achieve the reported catalytic activity, the parent Cr(III) species is reduced by two electron equivalents, suggesting an approximate d⁵ active species configuration. Although previous results have suggested that low-valent species from the Cr/Mo/W triad are nonprivileged for CO₂ reduction in synthetic molecular systems, the results presented here suggest that reactivity analogous to late transition metals is possible with early transition metals.