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Dow has joined the CDP Supply Chain Initiative (formerly the Carbon Disclosure Project, an international nonprofit specializing in environmental reporting) to track climate impacts in supply chains and identify partnerships with suppliers to decarbonize, according to the press release.
opportunity
.
This is part of Dow's expanded sustainable sourcing multigenerational plan
.
The CDP program supports Dow's "Protect the Climate" goal announced in 2020 and commits to accelerating collaboration with suppliers, customers and value chain partners to ensure Dow's ecosystem is carbon neutral by 2050
.
In 2021, Dow intends to have suppliers request climate-related information through CDP's online disclosure platform
.
Leticia Jensen, Director of Sustainability, Global Sourcing, said: "Dow has an aggressive goal of reducing its annual net carbon emissions by 5 million tonnes by 2030 (compared to a 2020 baseline) and ensuring that Dow's ecological The system is carbon neutral by 2050.
Our suppliers will play a key role in helping Dow become carbon neutral as we continue to take action to reduce our own emissions
.
”
Dow will also help its suppliers build expertise in climate accounting by providing feedback on areas for possible improvement
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This engagement is part of Dow's multigenerational plan to advance sustainable sourcing practices
.
By making climate data available on the CDP platform, Dow can help its customers, suppliers and other value chain partners make more informed decisions about their own risks and identify opportunities to collaborate to reduce their overall carbon footprint
.