MOSCOW (MRC) – Dow, a global leader in materials science, joins CDP Supply Chain Program (formerly Carbon Disclosure Project, an international non-profit specialized in environmental reporting) to track climate impacts in the supply chain and identify collaborative decarbonization opportunities with suppliers, as per the company's press release.
This is part of Dow’s expanded Sustainable Procurement multigenerational plan. The CDP program supports Dow’s “protect the climate” targets, announced in 2020, and its commitment to accelerate its work with its suppliers, customers and value chain partners to ensure Dow’s ecosystem is carbon neutral by 2050.
In 2021 Dow intends to engage suppliers to request climate-related information via CDP’s online disclosure platform. “Dow has an aggressive target to reduce its net annual carbon emissions by 5 million metric tons (versus 2020 baseline) by 2030 and to ensure Dow’s ecosystem is carbon neutral by 2050,” said Leticia Jensen, Global Purchasing Sustainability Director. “While we continue to take action to reduce our own emissions, our suppliers will play a critical role in helping Dow achieve carbon neutrality.”
Dow will also engage its suppliers by providing feedback on areas for possible improvements, helping to build expertise in climate accounting. This engagement is part of Dow’s multigenerational plan to advance Sustainable Procurement practices.
By making climate data available on CDP’s platform, Dow can help its customers, suppliers and other value chain partners to make more informed decisions about their own risks and identify opportunities for collaboration to decrease the total carbon footprint.
As MRC informed before, in April, 2021, Dow and Mura Technology partnered to help keep plastic waste out of the environment. The collaboration will support the rapid scaling of Mura’s new HydroPRS (Hydrothermal Plastic Recycling Solution) advanced recycling process aimed at preventing plastic and carbon from entering the natural environment while creating the feedstocks for a sustainable, circular plastics economy.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 576,270 tonnes in the first three month of 2021, up by 4% year on year. Low density polyethylene (LDPE) and high density polyethylene (HDPE) shipments increased. At the same time, PP shipments to the Russian market totalled 410,890 tonnes in January-March 2021, up by 56% year on year. Supply of homopolymer PP and PP block copolymers increased.
The Dow Chemical Company is an American multinational chemical corporation headquartered in Midland, Michigan, United States. Dow is a large producer of plastics, including polystyrene (PS), polyurethane, polyethylene, polypropylene, and synthetic rubber.