Announces new 2030 climate targets - increases
its Scope 1 and 2 GHG emissions reduction goal to 50% and
establishes a Scope 3 GHG emissions reduction goal
WILMINGTON, Del., April 24,
2023 /PRNewswire/ -- DuPont (NYSE: DD) today
announced that its 2030 emissions reduction targets have been
validated by the Science Based Target Initiative (SBTi), a
partnership between CDP, the UN Global Compact, World Resources
Institute (WRI) and the World Wide Fund for Nature (WWF).
SBTi recognizes businesses that set ambitious emissions
reduction targets in line with the latest climate science. This
reinforces DuPont's alignment with the Paris Agreement and aligns
our aspirations with efforts to limit global warming to 1.5°C above
preindustrial levels.
"At DuPont, we are committed to taking aggressive action on
climate, and the approval from SBTi underscores the progress we are
making to achieve significant climate targets aligned with
science," said Alexa Dembek, Chief
Technology & Sustainability Officer at DuPont. "Together with
our customers, we are developing the innovative, sustainable
solutions that will lead to carbon neutrality and have the
potential to make positive change in the world."
At the end of 2022, DuPont surpassed its 2030 goal of 30 percent
reduction in Scope 1 and 2 emissions – eight years ahead of target.
The company recorded a 35 percent reduction based off its 2019
baseline. As a result of this progress, DuPont has strengthened its
2030 Scope 1 and 2 GHG emissions reduction goal to 50 percent.
DuPont reduced Scope 3 emissions by over one million metric tons
of carbon dioxide equivalent (MT CO2e) in 2022, and set a new 2030
Scope 3 GHG emissions reduction goal of 25 percent in absolute
Scope 3 GHG emissions from purchased goods and services and end of
life treatment of sold products by 2030 from a 2020 base year.
DuPont's climate progress and overall sustainability performance
will be reported in its annual Sustainability Report to be
published next month. For more information about DuPont's
sustainability initiatives,
visit dupont.com/sustainability.
SBTi's validation information is published on the SBTi
website.
About DuPont
DuPont (NYSE: DD) is a global innovation leader with
technology-based materials and solutions that help transform
industries and everyday life. Our employees apply diverse science
and expertise to help customers advance their best ideas and
deliver essential innovations in key markets including electronics,
transportation, construction, water, healthcare and worker safety.
More information about the company, its businesses and solutions
can be found at www.dupont.com/. Investors can access
information included on the Investor Relations section of the
website at investors.dupont.com.
DuPont™, the DuPont Oval Logo, and all trademarks and service
marks denoted with ™, ℠ or ® are owned by affiliates of DuPont
de Nemours, Inc. unless otherwise noted.
Cautionary Statement Regarding Forward Looking
Statements
This communication contains
"forward-looking statements" within the meaning of the federal
securities laws, including Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. In this context, forward-looking statements often
address expected future business and financial performance and
financial condition, and often contain words such as "expect,"
"anticipate," "intend," "plan," "believe," "seek," "see," "will,"
"would," "target," and similar expressions and variations or
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Forward-looking statements address matters that are, to varying
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assumptions, many of which that are beyond DuPont's control, that
could cause actual results to differ materially from those
expressed in any forward-looking statements. Forward-looking
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future results.
Forward-looking statements include statements which relate to
the purpose, ambitions, commitments, targets, plans, objectives,
and results of DuPont's sustainability strategy. Forward-looking
statements include statements related to the standards and
measurement of progress against the company's sustainability goals,
including metrics, data and other information, which are based on
estimates and assumptions believed to be reasonable at the time.
The actual conduct of the company's activities and results thereof,
including the development, implementation, achievement or
continuation of any goal, program, policy or initiative discussed
or expected in connection with DuPont's sustainability strategy may
differ materially from the statements made herein. The use of the
word "material" for the purposes of statements regarding our
sustainability strategy and goals should not be read as equating to
any use of the word in the company's other disclosures or filings
with the U.S. Securities and Exchange Commission.
See DuPont's most recent annual
report and subsequent current and periodic reports filed with the
U.S. Securities and Exchange Commission for further description of
risk factors that could impact the expectations or estimates
implied by the Company's forward-looking statements, including (i)
the ability to meet expectations regarding the timing, completion,
accounting and tax treatments, and benefits, including integration,
related to portfolio changes; (ii) risks and costs related to
indemnification of legacy liabilities; (iii) risks and
uncertainties related to operational and supply chain impacts or
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raw materials, and meet customer needs, and (iv) other risks to
DuPont's business and operations. Unlisted factors may also present
significant additional obstacles to the realization of
forward-looking statements. Consequences of material differences in
results as compared with those anticipated in the forward-looking
statements could include, among other things, business or supply
chain disruption, operational problems, financial loss, legal
liability to third parties, loss of key customers, reputational
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effect on DuPont's consolidated financial condition, results of
operations, credit rating or liquidity. You should not place undue
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date they are made. DuPont assumes no obligation to publicly
provide revisions or updates to any forward-looking statements
whether as a result of new information, future developments or
otherwise, should circumstances change, except as otherwise
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SOURCE DuPont