DuPontâ€™s Environmental Footprint Continues to Shrink
Annual Survey Shows Growing Demand for Environmental Products and Green Job Creation
Wilmington, Del. (PRWEB) October 10, 2011
DuPontâ€™s recent 2011 Sustainability Progress Report shows the companyâ€™s environmental footprint continues to shrink. DuPont delivered a 75 percent decrease in greenhouse gas emissions and a 6 percent reduction in absolute energy use since 1990, while increasing production 40 percent during that same period*.
Increasingly, DuPont is focused on helping businesses integrate sustainability as a growth strategy, which is highlighted by an annual customer survey that shows an increased demand for products with environmental benefits.
â€œWhile reducing our footprint continues to be important, our growing focus is on how to use DuPont science and innovation to bring new products to the marketplace that improve efficiencies and sustainability throughout the entire value chain,â€ said Vice President and Chief Sustainability Officer Linda J. Fisher. â€œWe see DuPont having an expanded role to provide sustainable solutions to our customers around the world as population dramatically increases.â€
A DuPont annual survey of more than 3,500 customers, conducted in August 2011, showed they want safer materials, a reduction in water and energy use in manufacturing and improved environmental profiles throughout the lifetime of their products. Customers indicated a 7 percent increase in green job creation from the design and manufacturing of products with environmental benefits. Overall 28 percent said their business saw an increase in new green jobs over last year. And two-thirds believe that environmental benefits in products will continue to have a positive impact on job creation over the next five years.
Last year, DuPont generated revenues of $1.6 billion from products that help its customers and their consumers reduce greenhouse gas emissions. Much of the increase came from revenue growth in key areas like photovoltaics and from engineering polymers used in light-weighting of vehicles. DuPont estimates that these products have reduced greenhouse gas emissions throughout the supply chain by more than 6.5 million metric tons between 2007 and 2010.
Since 1990, DuPontâ€™s own energy reduction has declined 6 percent resulting in a $6 billion savings in energy purchases and enabled the company to exceed its 2010 goal to hold total energy use flat. The new goal for 2020 is to reduce non-renewable energy use by 10 percent per dollar of price adjusted revenue by 2020.
DuPontâ€™s sustainability goals are tied to business growth in areas of agriculture and nutrition, safety and protection, materials, electronics and communications, and energy. To learn more about our progress and new energy goals, you can download a copy of our new sustainability report by clicking here. And to see the new DuPont Annual Customer Sustainability survey, click here.
DuPont â€“ one of the first companies to publicly establish environmental goals more than 20 years ago â€“ 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 http://www.dupont.com.
Forward-Looking Statements: This news release contains forward-looking statements based on management’s current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company’s strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like “expects,” “anticipates,” “plans,” “intends,” “projects,” “indicates,” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by DuPont, particularly its latest annual report on Form 10-K and quarterly report on Form 10-Q, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which the company does business; competitive pressures; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance; seasonality of sales of agricultural products; and severe weather events that cause business interruptions, including plant and power outages, or disruptions in supplier and customer operations. The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.
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- 75 percent includes reductions made while DuPont owned Invista.
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