MIDLAND — Dow Chemical Co. (NYSE: DOW) Monday released its 2015 Sustainability Report, culminating Dow’s decade-long 2015 Sustainability Goals, prepared in accordance with the Global Reporting Initiative G4 Guidelines, the most widely used framework for sustainability reporting used globally by businesses, governments and other organizations.
Dow’s 2015 goals resulted in significant, quantifiable improvements for the company in personal safety, environmental performance and economic value creation. Dow also renewed its commitment with the launch of Dow’s 2025 Sustainability Goals, the company’s third set of 10-year goals.
“Sustainability is an integral part of who we are as a company and how we do business,” said Andrew N. Liveris, chairman and chief executive officer. “Dow is at the forefront of innovation, technology and science, which puts us in a unique position to help solve the problems facing the planet today. More than two decades into our sustainability journey, we continue to raise the bar not just for ourselves, but also for our industry and the global business community. ”
Added Neil C. Hawkins, corporate vice president and chief sustainability officer: “Over the next decade, we will continue to reduce our own operational footprint, deliver ever-increasing value to customers and society through our handprint of products and solutions and develop and deliver blueprints for a sustainable planet and society.”
The 2015 Sustainability Report includes Dow’s collective achievements for all the 2015 goals, including highlights aligned to the Breakthroughs for World Challenges goal and improvements to Dow’s operational performance.
* Dow’s Betamate adhesives enables improved vehicle safety and durability while optimizing weight reduction. As a result, 23 million tons of CO2 emissions and 10 billion liters of gasoline have been saved since 1999.
* Since 2005, Dow’s Omega-9 oils eliminated more than 1.5 million pounds of trans and saturated fat from the North American diet. Omega-9 oils address an important society need to improve the fat profile of popular foods and decrease the instances of type 2 diabetes, cardiovascular and coronary disease.
* Dow’s Filmtec Eco Reverse Osmosis Elements deliver 40 percent better purification with 30 percent less energy than industry standard reverse osmosis, resulting in an ecologic and economic win.
* Lifebuoy soap featuring Polyox water-soluble polymers from Dow delivers a positive impact on health and hygiene and most importantly, helps save lives around the world. Created in partnership with Unilever, Dow’s technologies enable Lifebuoy soap to be longer lasting, more affordable, and easier to lather.
Since 2005, Dow achieved on average a 75 percent improvement in key indicators for Environmental Health and Safety and operational excellence, including:
* 1,500 fewer injuries and illnesses;
* 400 fewer process safety incidents; and
* Added 545 megawatts of clean power capacity.
The full 2015 Sustainability Report is available on Dow’s website at this link.