Dow sets targets to reduce GHG emissions, stop plastic waste

2025 sustainability goals

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Dow
Dow intends to be carbon neutral by 2050

American material science major Dow has announced new commitments to address both climate change and plastic waste.

According to the new sustainability targets, which align to and build upon its 2025 sustainability goals, by 2030, Dow will reduce its net annual carbon emissions by 5 million metric tons, or 15% from its 2020 baseline. Additionally, Dow intends to be carbon neutral by 2050, in alignment with the Paris Agreement.

Also, by 2030, Dow will help ‘stop the waste’ by enabling 1 million metric tons of plastic to be collected, reused or recycled through its direct actions and partnerships. The company said it is investing and collaborating in key technologies and infrastructure to increase global recycling.

By 2035, Dow will help ‘close the loop’ by having 100% of its products sold into packaging applications be reusable or recyclable. Dow said it is committed to redesigning and offering reusable or recyclable solutions for packaging applications.

Dow also confirmed it has entered into new renewable power agreements for its manufacturing facilities in Argentina, Brazil, Texas, and Kentucky, securing 338 more megawatts of power capacity from renewable sources, representing an expected reduction of more than 225,000 metric tons of CO2e. The company said it is on track to exceed its target to source 750 MW of renewable power capacity by 2025.

The company also introduced a new line of mechanically recycled plastic resins for flexible and rigid plastic packaging applications which have the potential to reduce carbon and energy footprints of applications by up to 20-30%.

Reducing the impact of climate change and eliminating plastic waste are societal challenges that are closely linked. As a producer of technologies that are essential to a low carbon economy, we are developing and investing in new production processes that are low-emission and optimally efficient. And we are now looking at waste as a resource that will enable us to continue to innovate sustainable materials,” said Mary Draves, Dow vice president and chief sustainability officer.

Dow said it will also collaborate with leading academics, NGOs, auditing experts, technology partners and others in industry to incentivize the development and commercialization of low-carbon products and technologies that ultimately lower global GHG emissions and to ensure that companies are able to account for those GHG reductions. Dow intends to share more information about this collaboration later this year.

Meanwhile, the company said it has made significant progress against its 2025 sustainability goals. For example, since 2006, Dow has reduced its GHG emissions by 15%, incorporated a carbon price into its business planning, invested in renewable power capacity.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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