DuPont in sustainability goals success
Dubai, December 8, 2013
DuPont, a leading chemical company, said it has achieved most of its 2015 sustainability goals three years ahead of schedule and has made substantial progress toward the rest.
Releasing its new Sustainability Report today, Dupont said: "Sustainability is a business growth strategy that has been a driving force at our company for decades,” said Linda J. Fisher, vice president and chief sustainability officer."
The company’s 2015 market-facing goals, set in 2006, focused on the shared value DuPont products bring to customers. As of last year, the company has generated over $6.7 billion in revenue from products that reduce greenhouse gas emissions.
“This report illustrates the progress we have made against our voluntary commitments and the continued integration of sustainability into all our operations,” she noted.
“We also have invested nearly $4 billion in research and development programs to develop products with direct, quantifiable environmental benefits for our customers,” stated Fisher.
“The simultaneous success of our market-facing and footprint goals IS the business case for sustainability,” she added.
The key milestones in 2013 report are:
•Since 2004, DuPont has reduced the company’s greenhouse gas emissions by 25 per cent compared to the goal of 15 per cent;
•Lowered global water usage by 12 percent;
•Earned $2 billion in revenue from products that reduce greenhouse gas emissions;
•Netted $11.8 billion in revenue from products based on non-depletable resources.
DuPont said it had announced a new set of goals in 2012 to focus the company’s work on food security between now and 2020. This is the first year DuPont is reporting progress on these goals, it stated.
“Our scientists are developing new ways to produce nutritious and affordable food in ways that are more sustainable for our environment and natural resources,” explained Fisher.
“We’re investing more than $3 million each day on research and development to this end. More importantly, we included a food security goal committing us to expand our engagement with young people around the world to build knowledge and enthusiasm for growing food and feeding the planet in a sustainable way,” she added.-TradeArabia News Service