Dow is seeking to take a holistic approach to sustainability and looking at global challenges such as climate change, plastic waste and inequality as interconnected issues...
No one left behind.
This is the powerful, transformative promise of the United Nations’ 2030 Agenda and Sustainable Development Goals. It acknowledges a sustainable future is only truly sustainable if it includes all people, no matter their race, geography, gender, religion or income level.
Last week, we released our 2019 Sustainability Report and announced new sustainability targets aimed at ending plastic waste and achieving carbon neutrality by 2050. As our Chairman and Chief Executive Officer Jim Fitterling wrote in a blog post, Dow is seeking to take a holistic approach to sustainability and looking at global challenges such as climate change, plastic waste and inequality as interconnected issues, not isolated problems. By understanding how one global challenge impacts the other, we are striving to take a collaborative, systematic approach to tackling these issues.
Take our approach to stopping the flow of plastic waste and transforming to a circular economy. We understand that we can’t ignore the economy part of the circular economy, and we can’t address circularity without addressing inequality. So, where many see waste, we see opportunity. Opportunity to create jobs, stimulate innovation, boost the resilience and vibrancy of local economies, and contribute to economic growth.
One way that we are putting people and opportunity at the heart of the circular economy is by partnering to support waste pickers. Waste pickers account for 15-20% of waste collection globally and make a living by selling both recyclable and reusable materials that have been thrown away. These “wastepreneurs” contribute to public health and safety, reduce pollution, and help their local economies. Yet often they face poor living and working conditions, discrimination and low social status.
In our sustainability report, we detail how we are helping support waste cooperatives, in which sales are equally divided among waste pickers:
We also recently announced the Waste Collector COVID-19 Support Fund through GlobalGiving, a nonprofit crowdfunding platform, to help protect these vulnerable workers during the pandemic.
There’s room for everybody in a sustainable, environmentally beneficial economy, but it will take a shift in thinking by businesses to help achieve it. By applying holistic thinking to our sustainability efforts, we can help redefine the notion of growth, so it puts the well-being of people and the planet at the center – providing greater economic opportunity, better natural resource management and improved outcomes for all.
Chief Sustainability Officer and Vice President of Environment, Health and Safety
Now is the time to do what is necessary.
As President Joe Biden took office yesterday, our nation faces critical and urgent issues: a global pandemic, extraordinary economic challenges and political unrest following the siege on the U.S. Capitol.
Yet, as one of his first acts in office, the President rejoined the Paris Agreement. While the U.S. has made substantial progress on CO2 emissions, this move signals to the rest of the world that the United States will once again engage and collaborate in reducing carbon emissions to stave off the worst impacts of climate change. Its message also should be a reminder that, while our nation faces the immediate task of recovery, we must work for transformative change. Now is the time to act – act boldly, to move our nation toward a net-zero economy.