Our 2015 Sustainability Goals: Addressing Climate ChangeDow believes that providing humanity with a sustainable energy supply while addressing climate change is the most urgent environmental issue our society faces.
Dow, being a world leader in chemistry, is positioned to provide innovations that lead to energy alternatives and less carbon use.
As set forth in our 2015 Sustainability Goals, Dow will maintain all greenhouse gas emissions below 2006 levels.
- We will find ways to grow our company, but not grow our GHG emissions.
- We will develop a Net Impact Tracking Tool to quantify the energy and GHG profile of products across the life cycle including Dow’s raw material supply chain, manufacturing and distribution, product use and end of life.
- We will use 400 MW of clean energy by 2025.
- Dow has prevented over 200 million metric tons of GHG emissions from entering the atmosphere since 1990.
- Dow's insulation products in service avert more than six times our own CO2 emissions from operations on an annual basis.
Dow operates at the nexus between energy and all the manufacturing that occurs in the world today.
Over 90% of the products made today have some level of chemistry in them. No one has more of an ability to have an impact on the overlapping issues of energy supply and climate change than Dow.
Dow is implementing its solutions in the context of the wedge stabilization model developed by Professors Robert Socolow and Stephen Pacala of Princeton University. We will hold ourselves accountable to apply our innovation and expertise in helping to solve the world’s GHG and energy challenges.
As a world leader in chemistry, Dow is uniquely positioned to continue to provide innovations that lead to energy alternatives, less carbon intensive raw material sources, and other solutions not yet imagined.
In fact, our science and technology has been contributing solutions to the global climate change and energy challenges since 1990. Our science has led to the development of alternative energy sources such as biofuels, photovoltaics and wind. Our products contribute to reduced energy consumption.
Dow’s Commitment to Climate Change
Dow's vision on overall sustainability is reflected in our 2015 Sustainability Goals - a public commitment that we hold ourselves fearlessly accountable in the pursuit of solutions to the climate change, energy and other pressing world challenges.
Our promise is that we will measure and report our progress against this for the next twenty years. Our 2015 Sustainability Goals further state:
- We will leverage the strength of the human element in our laboratories around the world and make unprecedented financial investments in R&D to achieve breakthrough solutions that will slow, stop and reverse global warming.
- Dow will advocate for an international framework that establishes clear pathways to slow, stop, and reverse emissions by all major carbon dioxide-emitting countries.
- Dow will advocate for and participate in the monetization of carbon in fair marketplaces, a critical objective in establishing country market mechanisms for cost-effective carbon management. Each country should be allowed to establish their own systems with targets set fairly for each industry sector.
- Wherever we operate, we are enabled by the energy and feedstocks available to that country through its own governmental policies. We will advocate for governmental policies that generate the most energy efficient and least GHG intensive processes and products possible. Further, Dow pledges to be the most the effective and efficient producer using available energy and feedstocks, wherever we operate.
- Dow will continue to advance and bring its world-class know-how and expertise in energy efficiency and conservation to other companies and countries that are earlier in the technology cycle in order to deliver more rapid progress in reducing the world’s GHG emissions.
- We will continue to focus R&D and engineering resources on improving yields and energy efficiency of our processes. This will enable Dow to attain even lower energy intensity targets, and we will be recognized as the efficiency leader.