Dow’s new sustainability targets include the following commitment towards a more ambitious approach on climate change:
- Protect the climate: “By 2030, Dow will reduce its net annual carbon emissions by 5 million metric tons versus its 2020 baseline (15% reduction). By 2050, Dow intends to be carbon neutral (Scopes 1+2+3 plus product benefits).”
Dow has a long tradition of seeking solutions for the energy and climate change challenges together with key participants collaboratively. These are some examples of the most relevant ones:
- MIT’s Joint Program on the Science and Policy of Global Change
- World Business Council for Sustainable Development’s REscale team
- Business Environmental Leadership Council from the Center for Climate and Energy Solutions
- The Gulf Coast Carbon Collaborative
- Low Carbon Emitting Technologies organized by the World Economic Forum
- CEO Climate Dialogue
As both, a major user of energy and a producer of technologies that are essential to a lower-carbon economy, Dow is committed to working with its suppliers, customers and value chain partners to ensure that the company's ecosystem is carbon neutral by 2050.
Dow is committed to ensuring that its products are as sustainable as possible. In fact, Dow’s products lower customers’ emissions more than the carbon emissions that are used to produce them. In order to achieve this, Dow uses renewable energy to manufacture its products. In 2018, Dow launched Packaging and Performance Plastics, which is a renewable energy-made polyethylene in the U.S. that contributes 13.8% fewer greenhouse gas (GHG) emissions per pound of product than the industry average polyethylene. This approach helps reduce Scope 3 emissions for customers, which are all indirect emissions that occur in the value chain of a company.
In addition, Dow and Reynolds Consumer Products initiated the Hefty® EnergyBag® program in 2014 to divert otherwise hard-to-recycle plastic from landfills to be converted into energy, fuels, or other feedstocks. The program is successfully operating in three U.S. regions (Omaha, Boise and Cobb County) and has reached 125,000 households, collected more than 536,000 bags and diverted 357 metric tons of waste from reaching landfills.
Dow’s projects, Plaquemine Operations Off-gas Regeneration of Purification Beds and St. Charles Site Hydrogen (H2) Optimization, reduced the enterprise’s carbon footprint by 145,000 tons of CO2, the equivalent of approximately 28,000 passenger vehicles driven for a year.
Moreover, Dow ensures its products’ sustainability by producing bio-based renewable feedstocks for its packaging applications. Dow has partnered with UPM BioFuels and is integrating wood-based UPM BioVerno renewable naphtha – a key raw material used to develop plastics – into its slate of raw materials, creating an alternative source for plastics production. Packaging made from this feedstock is fully recyclable. This production process significantly reduces CO2 emissions. The company’s entire supply chain is also International Sustainability & Carbon Certification (ISCC) certified, which means all steps meet criteria and reduce negative environmental impacts.
For more information on Dow’s efforts regarding renewable energy, click here.