GHG Emissions, Industrial, Sourcing Renewables - June 15, 2022
Dow Updates Emission Progress
Dow Inc.’s strategy to decarbonize and grow now includes plans to build a net-zero carbon emissions, integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta.
The chemical company also outlined a roadmap to reduce current CO2 emissions from operations in Terneuzen, the Netherlands by more than 40% by 2030. Details of these plans were included in Dow's second annual comprehensive Environmental, Social, and Governance (ESG) report.
Dow also expanded access to renewable energy to more than 900 MW, maintaining Dow's position as one of the top 20 global corporations using renewable energy.
The company accelerated sustainability investments to enable design for recyclability and more circular plastics by scaling supply partnerships with companies such as Mura Technology and Fuenix to produce circular feedstocks from advanced recycling processes and announced a commitment to delivering circular polymers from advanced recycling by the end of 2022.
"The challenges facing our local and global communities are increasingly complex and interconnected, and demand a collaborative and integrated approach," said Jim Fitterling, chairman and CEO of Dow, in a statement. "They also require game-changing ideas fueled by science. As a science and technology company, we eagerly take on the responsibility for finding answers to the most pressing challenges of our time. This is central to our purpose as a company. It is central to our growth strategy. And it is central to driving best-in-class performance and accountability."