Racial bias and division are woven into the fabric of our society. Every day, members of the Black community encounter racism, bigotry, and the threat of violence because of the color of their skin. As we reflect on racial injustices, we know it’s not enough to condemn this bigotry. We must dismantle it in ourselves and our organization.
In 2020, we developed and launched Dow ACTs – our strategic framework designed to address systemic racism and inequity, backed by a $13 million pledge over five years to help accelerate change. ACT is an acronym for three action areas: Advocacy, Community engagement and our Talent pipeline. This strategic framework was informed by input from our employees and Global African Affinity Network (one of our employee resource groups) and has the full support of Dow’s Leadership Team and Board of Directors.
Dow has been at the forefront of corporate advocacy for the LGBTQ+ community. We’ve committed to take similar actions to address racism and racial inequality:
We will respond to racism and racial inequality in our communities:
To improve representation across all levels of the company to help and ensure our workforce reflects the stakeholders we serve, we committed to:
We know we must do better going forward and fully commit to our foundational responsibility to human decency. Our work through Dow ACTs is the smart thing to do and the right thing to do for our business and society. These actions are just the beginning, and we will continue to share progress as we move forward in our fight for equity.
“It’s not just up to the African American community to fight the racism these incidents reflect. It’s up to all of us, especially those of us who would likely never personally experience a situation like this.”
Jim Fitterling
Chair and Chief Executive Officer
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