2013-12-08 12:31:17 - MARKET-FACING GOALS ACCOMPLISHED AND SUBSTANTIAL PROGRESS ON OTHERS IN ADVANCE OF 2015 GOALS
[UAE, December 08, 2013] – With the release of its new Sustainability Report today, DuPont today announced it has achieved most of its 2015 sustainability goals three years ahead of schedule and have made substantial progress toward the rest.
“At DuPont, sustainability is a business growth strategy that has been a driving force at our company for decades,” said Linda J. Fisher, vice president and chief sustainability officer. “This report illustrates the progress we have made against our voluntary commitments and the continued integration of sustainability into all our operations.”
The company’s 2015 market-facing goals, set in 2006, focused on the shared value DuPont products bring to customers. As of last year, the company has generated over $6.7 billion in revenue
from products that reduce greenhouse gas emissions.
“We also have invested nearly $4 billion in research and development programs to develop products with direct, quantifiable environmental benefits for our customers,” Fisher added. “The simultaneous success of our market-facing and footprint goals IS the business case for sustainability.”
Key milestones in 2013 report:
• Since 2004, DuPont has reduced the company’s greenhouse gas emissions by 25 percent compared to the goal of 15 percent;
• lowered global water usage by 12 percent;
• earned $2 billion in revenue from products that reduce greenhouse gas emissions;
• and $11.8 billion in revenue from products based on non-depletable resources.
DuPont announced a new set of goals in 2012 to focus the company’s work on food security between now and 2020. This is the first year DuPont is reporting progress on these goals. “Our scientists are developing new ways to produce nutritious and affordable food in ways that are more sustainable for our environment and natural resources,” Fisher adds. “We’re investing more than $3 million each day on research and development to this end. More importantly, we included a food security goal committing us to expand our engagement with young people around the world to build knowledge and enthusiasm for growing food and feeding the planet in a sustainable way.”
To read the entire 2013 Sustainability Report: www.dupont.com/corporate-functions/our-approach/sustainability/p ..
See how today's food security challenge requires tomorrow's leaders:
and watch Linda Fisher on the role of science and sustainability in achieving food security:
DuPont – one of the first companies to publicly establish environmental goals more than 20 years ago – has broadened its sustainability commitments beyond internal footprint reduction to include market-driven targets for both revenue and research and development investment. The goals are tied directly to business growth, specifically to the development of safer and environmentally improved new products for key global markets.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com