Dow Highlights All IN Movement with First Inclusion Report
Company’s New Inclusion Strategy Demonstrates Commitment to Making Progress
MIDLAND, Mich. - November 15, 2018 -
MIDLAND, Mich.--(BUSINESS WIRE)--Dow today released its first-ever annual Inclusion Report, titled SHINE, which puts a spotlight on the Company’s global INclusion 2020 strategy and progress in 2017.
Dow accelerated actions, deepened its commitment to strengthening inclusion and diversity (I&D) across the organization and implemented a fully integrated and holistic strategy. This included institutionalizing a new I&D governance structure that shares ownership among Dow’s leadership and drives accountability for creating a more inclusive work environment down and across the Company. Building an inclusive workplace for all will benefit employees, customers, suppliers, communities and the bottom line.
“Inclusion is essential to Dow’s future success and this report demonstrates our strong commitment to being transparent about our progress and holding ourselves accountable,” said Jim Fitterling, chief executive officer of Dow. “Our goal is to build a culture where everyone is respected and valued and has an equal opportunity to develop, advance and be heard.”
“At Dow, we intentionally lead with inclusion because without it, we cannot attract, retain or engage a talented and diverse workforce or reap the full human and financial benefits,” said Karen S. Carter, chief human resources officer and chief inclusion officer of Dow. “There is little value in a diverse workforce if you do not have an inclusive culture that encourages and enables all people to make their fullest contribution.”
The SHINE Inclusion report focuses on three areas:
Illuminating the Path Forward: Dow appointed its first-ever chief inclusion officer, created a governance structure that drives accountability for I&D, and developed and implemented a global inclusion strategy that is an integral part of the business strategy. The Company intentionally leads with inclusion because without an inclusive workplace, diversity is just a numbers game.
Championing Inclusion, Shining Brighter Together: Dow is helping its employees shine brighter through global I&D workshops and skills development programs for leaders and employees, and supporting several employee resource groups (ERGs). ERGs are fostering a culture of inclusion by functioning as catalysts that help drive culture change and advance business results. More than 10,000 employees globally were involved in at least one of Dow’s eight ERGs which included 186 chapters in 2017. The Company also launched two new ERGs in 2018 focused on new and mature employee groups.
Shining Light on Inclusion beyond Dow’s Borders: Dow’s work in inclusion is also focused on customers, suppliers and the larger community. The Company’s efforts include developing a more diverse supplier base, supporting public policy that contributes to a more inclusive workplace and building the skilled workforce of tomorrow that will meet customers’ needs.
Dow combines science and technology knowledge to develop premier materials science solutions that are essential to human progress. Dow has one of the strongest and broadest toolkits in the industry, with robust technology, asset integration, scale and competitive capabilities that enable it to address complex global issues. Dow’s market-driven, industry-leading portfolio of advanced materials, industrial intermediates, and plastics businesses deliver a broad range of differentiated technology-based products and solutions for customers in high-growth markets such as packaging, infrastructure, and consumer care. Dow is a subsidiary of DowDuPont (NYSE: DWDP), a holding company comprised of Dow and DuPont with the intent to form three strong, independent, publicly traded companies in agriculture, materials science and specialty sectors. More information can be found at www.dow.com.