Dow Further Increases Transparency of ESG Practices and Progress and Releases INtersections ESG Synthesis Report

• Integrated report highlights Dow's achievements in environmental, social and corporate governance commitments, as well as inclusion, diversity and equity efforts

• Continuing the company's 17-year leadership in reporting transparency and sustainability disclosure

• Provides optimized data and disclosure queries against key ESG reporting frameworks

The Dow Company (NYSE: DOW) recently released its first environmental, social and corporate governance (ESG) comprehensive report, INtersections, which highlights the company's efforts to fully integrate environmental management and positive social impact into operations, teams, and supply chains.
and community activities
.
Dow's 2020 ESG Report is based on its annual Sustainability Report (published since 2003) and annual Inclusion and Diversity Report, Shine (published since 2018)
.

The INtersections report details the company's efforts to achieve its goals and commitments to "make the world a better place", including focusing on reducing carbon footprints, promoting a circular economy for plastics, supporting the communities in which they operate, and promoting fair employment.
actions taken in the field
.
In addition, the report highlights Dow's best-in-class corporate management practices that increase employee accountability and protect long-term stakeholder interests
.

Jim Fitterling, chairman and chief executive officer of Dow, said: "Dow's activities in 2020 are a testament to the important and positive impact that the Dow team has had on a wide range of stakeholders
.
We take this very seriously and hope that with the company's Expertise in materials science, through close collaboration with our partners, contributes to creating a sustainable future
.
We have always put ESG practice first and achieved impressive results
.
2020 ESG Synthesis Report The launch reaffirms our commitment to setting ambitious goals, measuring achievements and increasing transparency of performance
.
"

This comprehensive report applies ESG management and reporting principles to Dow's sustainability and corporate social responsibility strategy, continuing the company's commitment to EHS (environment, health and safety), inclusion and diversity, community engagement and corporate governance.
long-term commitment
.

Key highlights of the 2020 ESG Report include:

Environmental performance: progress in sustainable development

• Preserve nature: Dow realized $100 million in business value from nature-related projects that have generated a combined value of up to $530 million since its inception, which is shy of the company's $1 billion target for 2025 The goal is half over
.

• Achieve closed-loop production: Sales of products made from renewable raw materials tripled from the previous year
.
Today, 81 percent of Dow's packaging products can be reused or recycled
.
Dow also introduced the first post-consumer recycled (PCR) resin for shrink film production
.

• Scale up electro-cracking technology: A partnership with Shell to develop clean-energy-based electro-cracking technology is a huge breakthrough for the industry in terms of significant emissions reductions
.

Inclusion and Diversity: Goals, Actions and Sustainable Development Progress

• Dow ACTs: Dow introduced a holistic framework and commitment to improve advocacy, community engagement, and talent development (ACT), and committed more than $10 million over the next five years to address systemic racism and social inequality issues
.

• Internal investment: Despite the challenges in 2020, Dow broke its all-time record, achieving an overall employee satisfaction rate of 74%
.

• Engage employees in ERGs: The Dow Employee Resource Group (ERG), which grew by 2,000 members last year, now has 98 percent of the company's team managers participating in ERGs, achieving the best company-wide engagement
.
Through its ALL IN Employee Resource Group (ERG) fund, Dow has donated $250,000 to high-impact community projects around the world
.

• Diversified suppliers: Focused on the coverage of "Dow's Supplier Diversity Program", purchasing $112 million from diverse suppliers and adding 52 new suppliers
.

• Supporting Veterans: Dow has launched a new Military Equivalency Education (MDE) program to help veterans level the playing field in the US and Canadian workplaces
.

• Authoritative Recognition: Climbed 15 places on the DiversityInc® Top 50 Diversity Companies list and was recognized for inclusion and diversity by Great Place to Work, Human Rights Campaign (HRC) and Disability Protection recognized by organizations and publications including: IN, Out & Equal, INvolve, the National Federation of Disabled Persons (NOD), Forbes Magazine, People Magazine, Economic Dividend for Gender Equality (EDGE), and the Financial Times
.

Community: Support local people and communities

• Clear investment goals: Donate more than $33.
6 million to community programs around the world to promote inclusiveness in communities, develop future-ready high-quality talent, and support sustainable business development and disaster relief
.

• Employee Incentives: More than 13,800 employees are encouraged to actively participate in volunteer activities around the world with landmark results such as: Dow collects more than 1.
2 million pounds of ocean water by organizing "#PullingOurWeight" beach cleanup garbage
.

Corporate governance: effectively improve employees' sense of responsibility

• Transparency: Consistent assurance of compliance with the Task Force on Climate-related Financial Disclosures (TCFD) guidelines and the Sustainability Accounting Standards Board (SASB) standards
.

• Industry-leading diversity: The company's board of directors has been restructured to enrich the experience and skills of board members, with the appointment of four new directors in 2020-2021
.
Currently, 55 percent of Dow's board of directors are women or members of U.
S.
minorities
.

• Leadership: Compared with its peers, Dow has the highest percentage of US minority representation and the second highest percentage of female leaders in Dow's executive ranks
.

• Accountability: Redesigned Annual Performance Review program to incorporate new ESG metrics
.
This reflects the responsibility and commitment of the Dow team to achieve the corporate mission of sustainability, inclusion and diversity
.

Dow's 2020 ESG Report is based on the annual Sustainability Report (published since 2003) and the annual Inclusion and Diversity Report "Shine" (published since 2018)
.

Dow's 2020 ESG Report was prepared in accordance with the Global Reporting Initiative's (GRI) standard - Comprehensive Selection
.
The report also complies with the Sustainability Accounting Standards Board (SASB) standards and the Task Force on Climate-related Financial Disclosures (TCFD) guidelines
.
The Dow Company has also collaborated with Deloitte & Touche LLP ("Deloitte") on management's assessment of ESG disclosures referred to in the Global Reporting Initiative (GRI) Content Index (as of and including December 31, 2020).
Statement for review
.
To learn more about Dow's industry-leading commitment to a more sustainable, equitable and prosperous world, see Dow's 2020 ESG Synthesis Report
.