WILMINGTON, Del., Sept. 27, 2021 /PRNewswire/ -- DuPont (NYSE: DD)
today announced that it has joined RE100, a global environmental
initiative led by the Climate Group in partnership with CDP, which
brings together companies committed to shifting the electricity
used globally in its operations to 100% renewable energy.
Joining RE100 underscores DuPont's commitment to its global
Acting on Climate sustainability goal, which aims to source at
least 60 percent of its electricity from renewable energy by 2030
and achieve carbon neutrality by 2050. DuPont is also committing to
address market and policy barriers to sourcing renewables alongside
member companies.
"The rapidly increasing effects of climate change require urgent
action from all of us to make the full transition to renewable
energy sources, which is critical to achieving sustainable business
growth," said Alexa Dembek, DuPont
Chief Technology & Sustainability Officer. "At DuPont, we have
challenged ourselves with ambitious goals, placing sustainability
front and center in our innovations, products, operations, and
people. Partnering with RE100 is a significant step forward in our
journey to help contribute to a more sustainable future."
DuPont is developing innovative low-carbon and energy-efficient
solutions that help industries and customers decarbonize, and
advocates for market-based approaches to consistent, predictable
policies and regulations that foster climate innovation and
investment.
A critical part of DuPont's emissions reduction strategy is to
procure our electricity from more renewable sources. In 2020, the
company expanded use of renewable electricity sources and credits
and entered a partnership with Schneider Electric to support our
long-term renewable energy procurement strategy, Last week, DuPont
signed a virtual power purchase agreement (VPPA) with a subsidiary
of NextEra Energy Resources, LLC with a generation capacity of the
equivalent of 135 megawatts of new wind energy in Texas. This will enable DuPont to increase its
renewable energy sources and credits. The project is the
equivalent of approximately 25 percent of the company
usage.
"We are delighted to welcome DuPont to RE100," said Sam Kimmins, Head of RE100 at Climate Group. "By
committing to 100% renewable electricity by 2050, DuPont joins over
320 of the world's leading businesses committed to driving market
change. This sends a powerful message that renewable electricity
makes good business sense, and we encourage others to follow."
To learn more about DuPont's 2030 Sustainability Goals, please
click here.
About RE100
RE100 is a global initiative bringing
together the world's most influential businesses committed to 100%
renewable power. Led by international non-profit the Climate
Group in partnership with CDP, the group have a total revenue
of over US$6.6 trillion and operate
in a diverse range of sectors. Together, they send a powerful
signal to policymakers and investors to accelerate the transition
to a clean economy. #RE100
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 include statements which may relate
to the purpose, ambitions, aims, commitments, targets, plans, and
objectives of DuPont's sustainability strategy, including progress
against its sustainability goals, and data related to its metrics,
practices, actions and progress.
These statements are not representations, warranties or
guarantees and are subject to certain risks, uncertainties and
other factors, many of which are beyond our control, including
government regulation. Therefore, the actual conduct of our
activities, including the development, implementation or
continuation of any program, policy or initiative discussed or
forecasted in this presentation, may differ materially in the
future. As with any projection or estimate, actual results or
numbers may vary. The goals, commitments, standards and metrics
referenced continue to evolve and are based on management
assumptions believed to be reasonable at the time of preparation
but should not be considered warranties or guarantees. Other risks
to DuPont's business, operations; each as further discussed in
detail in and results of operations as discussed in DuPont's annual
report on Form 10-K for the year ended December 31, 2020 and its subsequent reports on
Form 10-Q and Form 8-K. Unlisted factors may 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 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