WILMINGTON, Del., May 1, 2023
/PRNewswire/ -- DuPont (NYSE: DD) today published
its 2023 Sustainability Report detailing the progress
made toward achieving its 2030 Sustainability Goals.
"We're pleased to issue this year's report that demonstrates how
our teams are making meaningful progress to achieve our
sustainability commitments and make a positive impact for our
customers, employees, shareholders and communities," said
Ed Breen, DuPont Executive Chairman
and Chief Executive Officer. "In 2022, we continued to accelerate
our strategic transformation to a premier multi-industrial company,
aligning our portfolio to key growth areas and driving innovation
and operational excellence to create significant value. Our
performance, notably on climate and renewable energy goals outlined
in this report, shows we are acting with urgency and are
well-positioned to deliver the sustainable solutions needed today
and in the future."
Notable accomplishments highlighted in this year's report
include the following:
- Achieved 35% reduction of Scopes 1 and 2 greenhouse gas (GHG)
from 2019 baseline – surpassing the 2030 goal eight years ahead of
schedule.
- Reduced Scope 3 GHG emissions by over 1MM MT CO2 e in 2022 –
10% reduction from 2021.
- Sourced 57% of electricity from renewable sources, when
including Renewable Energy Credits in 2022 – a 200% increase over
the previous year.
- Initiated delivery of renewable wind power to the North
American grid through our first operational virtual power purchase
agreement.
- Expanded and strengthened our innovative product portfolio by
introducing new solutions to enable customers to achieve progress
on climate, circular economy and water stewardship goals.
- Received nine R&D100 and Edison Awards featuring products
enabling customers to achieve progress on their sustainability
goals.
- Conducted over 1,000 product stewardship reviews and identified
opportunities to enhance the sustainability of many existing
products.
- Delivered innovative technology, engaging in over 7,000
customer water projects in industrial and municipal settings,
helping customers solve complex water purification challenges,
including the reuse of water and other valuable raw materials.
- Ranked in the top 10% among industry peers for Safety
Performance for employee health and safety.
- Strengthened talent attraction approach resulting in 55% of new
professional hires in EMEA region being female, up from 27% in
2019.
- Engaged in over 500 community projects with over 300 non-profit
partners across 31 countries focused on STEM education and
delivering innovations for good to help solve global
challenges.
"At DuPont, we believe the most significant impact we can
deliver is innovation across the value chain and recognizing our
responsibility to reduce our own footprint," said Alexa Dembek, DuPont Chief Technology and
Sustainability Officer. "Illustrated throughout this report are the
advancements and impacts we've made working with our customers to
create sustainable solutions that have the potential to change the
world. Sustainability is firmly embedded into our business strategy
to drive long-term growth and to bring value to our stakeholders –
and the results show that our strategy of innovating for good,
protecting people and the planet and empowering people to thrive is
working."
The report was developed with reference to the Global Reporting
Initiative (GRI) standards, the Sustainability Accounting Standards
Board (SASB) standards, and the recommendations outlined by the
Task Force on Climate-Related Financial Disclosures (TCFD).
More information on these and other sustainability
accomplishments can be found in the full report. Learn more
about DuPont's sustainability commitments and journey at
https://www.dupont.com/about/sustainability/sustainability-report-2023.html.
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 ™, SM 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 negatives of these words.
Forward-looking statements address matters that are, to varying
degrees, uncertain and subject to risks, uncertainties, and
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
statements are not representations or warranties or guarantees of
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
disruptions, including ability to offset increased costs, obtain
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
harm and similar risks, any of which could have a material adverse
effect on DuPont's consolidated financial condition, results of
operations, credit rating or liquidity. You should not place undue
reliance on forward-looking statements, which speak only as of the
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
required by securities and other applicable laws.
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SOURCE DuPont