Report highlights continued progress on 2030 Sustainability
Goals; Company exceeds climate action targets ahead of
schedule.
WILMINGTON, Del., April 29,
2024 /PRNewswire/ -- DuPont (NYSE: DD) today
published its 2024 Sustainability Report detailing the progress
made toward achieving its 2030 Sustainability Goals.
"At DuPont, sustainability is integral to our strategy, embedded
in every aspect of our business – from our innovation pipeline, to
our manufacturing and supply chains, to how we engage with our
people and communities," said Ed
Breen, DuPont Executive Chairman and Chief Executive
Officer. "As a global innovation leader and multi-industrial
company, we're developing new products and solutions that enable
cleaner water, energy-efficient buildings, electric vehicles and
advanced computing. Our sustainability journey and progress is
powered by our teams around the world who work side-by-side with
our customers to deliver innovations that help people and the
planet thrive."
DuPont's 2030 Sustainable Goals are categorized by three focus
areas: Innovate for Good, Protect People and the Planet, and
Empower People to Thrive. Notable 2023 accomplishments within these
categories and highlighted in this year's report include:
Innovate for Good:
- Received seven R&D 100 and Edison Awards for innovative
products have both performance impact and sustainability benefits
for customers and society.
- Recognized as Best ESG Partner by Samsung Electronics and
received eight additional Supplier of the Year awards from
semiconductor customers for achievements in innovation and
sustainability.
- Commercialized 25 products that were redesigned to avoid or
eliminate the use of a Substance of Concern (SoC) and invested in
over 30 R&D projects to phase out SoC in targeted products and
applications.
Protect People and the Planet:
- 58% reduction of Scope 1 and 2 emissions from the 2019
baseline, surpassing our 2030 goal and outperforming expectations
of the Paris Accord 1.5°C ambition.
- 39% reduction of Scope 3 emissions from purchased goods and
services and end of life of sold products from the 2020 baseline,
surpassing our goal of 25% reduction.
- Five million people are expected to receive water and/or
sanitation access over the next seven years through a collective
impact investment in Water Equity Fund IV.
- Achieved zero unrecovered plastic releases of 0.5 kg or greater
to the environment through our Operation Clean Sweep®
Blue commitment, which aims to prevent plastic loss to the
environment from our operations and logistics partners.
- Achieved safest year on record for employees and contractors
with over 80% of DuPont's manufacturing sites having zero
injuries.
Empower People to Thrive:
- Recognized by Forbes as one of the best employers for diversity
and a top company for women. Named a 2023 Best Place to Work for
Disability Inclusion by Disability:IN.
- Funded over 880 community projects with more than 580
non-profit partners across 57 countries.
- Increased supplier diversity spend to 9% of total U.S.
spend and named to The Forefront 25: Top Corporations for Minority
Businesses.
- Achieved significant gains on overall Diversity, Equity &
Inclusion score (+4 percentage points to 78%) on the company's
annual IMPACT employee survey with 82% of employees also
reporting DuPont has an inclusive environment.
"Today, more than 80 percent of our innovation portfolio is
expected to deliver sustainability value and advance solutions to
help address global challenges," said Alexa
Dembek, DuPont Chief Technology and Sustainability Officer.
"I'm proud of the team's commitment to achieving our 2030
Sustainability Goals, and while progress has been made, we will
continue working diligently to create value for our customers,
employees, shareholders and communities."
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 journey at dupont.com/sustainability.
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.
Cautionary Statement about 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," "stabilization," "confident," "preliminary,"
"initial," "drive," "innovate" 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.
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.
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SOURCE DuPont
