Dow Chemical Company released the 2017 Sustainability Report recently, detailing the company's '2025 Sustainability Goals' process and the efforts of Dow employees to create value and implement transformative, more sustainable business practices. .
The report is summarized as follows
'Lost to Nature' Project Creates Value of 120 Million Dollars
Achieve or exceed the annual goal of the 'World's Leading Operations' Index
More than 3,000 employees serve as science, technology, engineering and mathematics (STEM) ambassadors, benefiting more than 380,000 students
59% of sales come from products that meet world challenges
The goal of achieving zero major traffic accidents in 2017
Launched cooperation to jointly prevent marine pollution
Dow Appointed CEO Jim Fitterling Said: 'The Dow recognized the role of the company as a catalyst for change - to promote innovation to improve people's quality of life and improve the environment, while achieving sustainable economic development. We have formulated a grand '2025 sustainable development goals', committed to change The status quo and redefining the social role of the company. We will work together with customers, governments, NGOs and other key stakeholders to continue to advance solutions based on advanced technology to address major global challenges such as marine debris, carbon emissions, and water supply. . '
Dow's 2017 Sustainability Report covers a wide range of sustainability-related issues and is based on the Global Reporting Initiative Standard Synthesis Option guidelines. GRI is a global enterprise, government and other organizations The most widely used framework for continuous development reporting.
Dow Senior Vice President, Global Environment, Health and Safety, Chief Sustainability Officer Neil Hawkins Said: “I am excited about the progress made in the '2025 Sustainable Development Goals'. These goals are constantly urging us to rethink business models and product designs to create shared value for Dow, the environment and society; these goals create long-term value for Dow. At the same time, it also provides customers and society with sustainable solutions.
The summary of goals in this year's report is as follows:
Lead the community blueprint : In order to advance the goal of building a social blueprint (integration of public policy solutions, science and technology, and value chain innovation), the target team defines a blueprint issue and initiates a 'watershed management' blueprint.
Breakthrough innovation : In 2017, the innovation team won an American Green Chemistry President Award, six R&D 100 Awards Sustainable Product Related Awards and one US Environmental Protection Agency Annual Safety Selection Partner Award (EPA Safer Choice).
Promote circular economy : Dow collaborates with stakeholders in many areas to develop a business model for achieving a circular economy. Last year, Dow launched a quantitative research project aimed at reducing Japan’s plastic waste, and helped the Indonesian government transform plastic waste into sustainable Sex road.
Value nature : In 2017, Win-win projects that created operational and ecological benefits achieved $120 million in cost savings or new cash flow, exceeding annual targets. Dow aims to seek and implement business-driven projects that can maximize the natural environment. , and created a net present value of $1 billion for Dow by 2025.
Provide safe materials for a sustainable Earth : Dow initiated the establishment of the School of Product Management, promoted product safety in Kenya, Nigeria and Ghana and won the LAUNCH Prize for Chemistry for its development of predictive safety assessment tools.
Expand participation, increase influence: community, employees and customers : In 2017, Dow's corporate and foundation donations amounted to US$39.74 million. More than 3,000 Dow employees served as STEM ambassadors, supporting more than 2,500 teachers and benefiting more than 380,000 students.
World-leading operating performance : In 2017, Dow's water intake intensity in factories in water-scarce areas decreased by 5% compared to the 2015 benchmark, and the target of a 20% reduction from 2025 was a big step forward. To maintain Dow's record of injury and disease indicators In the industry's leading position, Dow employs relevant high technologies to eliminate the need for employees to engage in high-risk operations, including the need to use robotics to eliminate the need for personnel to enter confined spaces, and use drone technology to complete certain high-altitude operations.
Dow has been writing the Sustainability Report with the highest GRI and the most comprehensive guidelines since 2003.