DuPont Publishes 2023 Sustainability Report
May 1, 2023 | PRNewswireEstimated reading time: 2 minutes
DuPont published its 2023 Sustainability Report detailing the progress made toward achieving its 2030 Sustainability Goals.
"We're pleased to issue this year's report that demonstrates how our teams are making meaningful progress to achieve our sustainability commitments and make a positive impact for our customers, employees, shareholders and communities," said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. "In 2022, we continued to accelerate our strategic transformation to a premier multi-industrial company, aligning our portfolio to key growth areas and driving innovation and operational excellence to create significant value. Our performance, notably on climate and renewable energy goals outlined in this report, shows we are acting with urgency and are well-positioned to deliver the sustainable solutions needed today and in the future."
Notable accomplishments highlighted in this year's report include the following:
- Achieved 35% reduction of Scopes 1 and 2 greenhouse gas (GHG) from 2019 baseline – surpassing the 2030 goal eight years ahead of schedule.
- Reduced Scope 3 GHG emissions by over 1MM MT CO2 e in 2022 – 10% reduction from 2021.
- Sourced 57% of electricity from renewable sources, when including Renewable Energy Credits in 2022 – a 200% increase over the previous year.
- Initiated delivery of renewable wind power to the North American grid through our first operational virtual power purchase agreement.
- Expanded and strengthened our innovative product portfolio by introducing new solutions to enable customers to achieve progress on climate, circular economy and water stewardship goals.
- Received nine R&D100 and Edison Awards featuring products enabling customers to achieve progress on their sustainability goals.
- Conducted over 1,000 product stewardship reviews and identified opportunities to enhance the sustainability of many existing products.
- Delivered innovative technology, engaging in over 7,000 customer water projects in industrial and municipal settings, helping customers solve complex water purification challenges, including the reuse of water and other valuable raw materials.
- Ranked in the top 10% among industry peers for Safety Performance for employee health and safety.
- Strengthened talent attraction approach resulting in 55% of new professional hires in EMEA region being female, up from 27% in 2019.
- Engaged in over 500 community projects with over 300 non-profit partners across 31 countries focused on STEM education and delivering innovations for good to help solve global challenges.
"At DuPont, we believe the most significant impact we can deliver is innovation across the value chain and recognizing our responsibility to reduce our own footprint," said Alexa Dembek, DuPont Chief Technology and Sustainability Officer. "Illustrated throughout this report are the advancements and impacts we've made working with our customers to create sustainable solutions that have the potential to change the world. Sustainability is firmly embedded into our business strategy to drive long-term growth and to bring value to our stakeholders – and the results show that our strategy of innovating for good, protecting people and the planet and empowering people to thrive is working."
The report was developed with reference to the Global Reporting Initiative (GRI) standards, the Sustainability Accounting Standards Board (SASB) standards, and the recommendations outlined by the Task Force on Climate-Related Financial Disclosures (TCFD).
Suggested Items
Dan’s Biz Bookshelf: ‘Costovation: Innovation That Gives Your Customers Exactly What They Want—And Nothing More’
12/25/2024 | Dan Beaulieu -- Column: Dan's Biz Bookshelf"Costovation" by Stephen Wunker and Jennifer Luo Law delivers a refreshing perspective on innovation by focusing on "just enough" innovation—creating products and services that serve the customer's needs without unnecessary features or costs. This book is a revelation for business leaders seeking effective strategies when flashy, expensive innovations often dominate the market. The authors share how companies can thrive by delivering targeted, cost-effective innovation by offering customers precisely what they need.
Flex Factory Recognized for Manufacturing Excellence and Continuous Improvement by the Association for Manufacturing Excellence
12/19/2024 | FlexFlex announced that its Zhuhai, China site, specializing in advanced assembly, tool design and manufacturing, and metal and plastics capabilities for Lifestyle and Data Center customers, received an Excellence Award from the Association for Manufacturing Excellence (AME) for demonstrating world-class continuous improvement and results. This is the third consecutive year a Flex facility received an AME Excellence Award.
Season Group Acquires Pycom
12/18/2024 | Season GroupSeason Group – an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the U.K. – is pleased to announce its acquisition of all assets of Pycom Ltd, a full stack Internet of Things (IoT) company that provides a fully integrated IoT platform to build scalable connected solutions. Pycom Ltd went into administration in the UK on 16 September 2022.
ALL Circuits, DBG Technology Strategic Alliance Delivers Optimal Global Footprint
12/17/2024 | ALL CircuitsWith DBG Technology, the 16th largest EMS globally, poised to acquire ALL Circuits, the largest EMS in France, they will create a global footprint that truly reflects the needs of OEMs in a geopolitically challenged world.
Altus Group Strengthens Support Capabilities with Return of Experienced Service Professional
12/17/2024 | Altus GroupAltus Group, a leading distributor of capital equipment in the UK and Ireland, has announced the return of Gareth Cuthbert as Application and Service Engineer to its team, reinforcing the company's commitment to supporting excellence and customer service.