MIDLAND, MI – November 7, 2011 –The Dow Chemical Company has announced its membership with The Sustainability Consortium, an independent organization of diverse global participants working to design and implement credible, transparent and scalable science-based measurement and reporting systems accessible for all producers and users of consumer products. By joining The Consortium, Dow will be working collaboratively with its customers and the value chain to develop approaches to providing more sustainable solutions for the whole supply chain and ultimately, the end consumer. Dow willleverage its science and technology, expertise in sustainable chemistry, and global network while working alongside The Consortium’s various private and public sector partners.
“The Sustainability Consortium is leading the effort to provide a common platform for improving the sustainability of products we all buy,” said Neil Hawkins, Dow’s vice president of Sustainability and Environment, Health & Safety. “When you consider that chemistry enables more than 95% of all manufactured products, collaboration and innovation by our industry is critical to the world’s sustainable future. So we are pleased to team with these great companies, universities and NGOs to help arrive at more impactful approaches.”
Dow will serve on The Sustainability Consortium Corporate Advisory Council, as well as participate in sector working groups addressing how to more accurately quantify and communicate the sustainability of products. Consortium activities support greater understanding and more informed decision-making among consumer, supply chain, scientific and global regulatory communities.
“We welcome Dow to The Sustainability Consortium as a collaborator in this transformative initiative,” said Bonnie Nixon, Executive Director of The Sustainability Consortium. “What Dow brings to the table in terms of experience, expertise and commitment to sustainability will help us spur the innovation and development of a new generation of sustainable products and supply networks.”
Membership in The Consortium aligns with Dow’s 2015 sustainability goals, which focus on developing innovative technologies for current and future markets; openly collaborating with customers, suppliers, communities, civil society and governments to advance all aspects of sustainability; developing solutions that enable organizations throughout Dow’s supply chain to create more sustainable products and services; and managing operations that have a positive impact on the company and surrounding communities.
Dow combines the power of science and technology with the “Human Element” to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world’s most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow’s diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company’s more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com. For more information on sustainability at Dow, visit www.dow.com/sustainability.
About The Sustainability Consortium
The Sustainability Consortium (TSC) is an independent organization of diverse global participants that work collaboratively to build a scientific foundation that drives innovation to improve consumer product sustainability. TSC develops transparent methodologies, tools, and strategies to drive a new generation of products and supply networks that address environmental, social, and economic imperatives. The Sustainability Consortium advocates for a credible, scalable, and transparent process and system. The organization boasts over 75 members from all corners of business employing over 57 million people and whose combined revenues total over $1.5 Trillion. Arizona State University and the University of Arkansas jointly administer The Sustainability Consortium. Learn more at www.sustainabilityconsortium.org / Twitter: follow@TSC_news