Since 1897, we have been solving the world’s greatest, most pressing problems, setting the groundwork for our most important work yet – a promise to Imagine Better for the next 125 years.
We must lead our industry in delivering materials science innovations that lead the world toward a low carbon future.
We are continuously finding ways to reduce carbon emissions while helping our customers reduce their carbon emissions by innovating lower-carbon products.
We are investing $1 billion per year to drive both growth and decarbonization of our manufacturing assets.
This is a complex challenge we are determined to not only meet, but also to lead in our industry.
OUR CLIMATE TARGETS
Our “Protect the Climate” targets reflect our commitment to accelerate our work with our suppliers, customers and value chain partners to ensure Dow’s ecosystem is carbon neutral by 2050.
OUR PATH TO ZERO CARBON EMISSIONS
Dow reduced its carbon emissions by 15% between 2005-2020, while growing the volume of products manufactured by 30%.
Emissions directly under our control from our own operations.
Emissions caused indirectly from the generation of the power we purchase from 3rd parties.
Emissions we are indirectly responsible for, upstream from the products or services we buy from suppliers, and downstream from the transportation, usage and end of life of our sold products.
Our Path2Zero scope 1 and 2 carbon emissions Dow currently emits approximate 35 million metric tons of CO2 annually. Achieving our emissions reduction targets in the short term is critical to ensuring stakeholders we are tracking toward our 2050 carbon neutrality commitment. Here’s a look at how we intend to achieve our short- and long-term sustainability targets.
By 2025, we intend to reduce our carbon emissions by another 2 million metric tons between 2022 - 2025. These emissions reductions will come from a combination of:
DOW’S CURRENT EMISSIONS
Target of ~5MM mta (reduction is ~30% over the 2005 baseline) by 2030
|DETAILS & TARGET||THROUGH 2030||2030 – 2050|
Plans for >60% sites to be H2-ready by ~20401
|SCOPE 3 EMISSIONS REDUCTION|
Actions targeted to incentivize innovation and infrastructure to decarbonize the value chain
Dow is investing approximately $1 billion per year to drive both growth and decarbonization of our manufacturing assets. This is approximately 1/3rd of our capital expansion outlay that we want to maintain around depreciation and amortization levels through the economic cycle. Investment at this level to reduce and eliminate carbon emissions will continue until we attain our overall 2050 carbon neutrality goals. We have a detailed investment plan and roadmap to our 2050 carbon neutrality target that touches nearly every aspect of our business, focusing on five key areas.
In 2022, Dow was recognized as a Global Supplier Engagement Leader by CDP, a global nonprofit that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Dow scored among the top 8% of companies that disclosed data to CDP, and achieved an “A” score on their Supplier Engagement Rating System