Back/Dow Recognized for 24th Year in Sustainability Index, Leading Chemical Industry Commitment
sustainability·December 20, 2024·dow

Dow Recognized for 24th Year in Sustainability Index, Leading Chemical Industry Commitment

ED
Editorial
Cashu Markets·3 min read
TL;DR
  • Dow has been included in the Dow Jones Sustainability World Index for 24 consecutive years, showcasing its sustainability leadership.
  • The company emphasizes sustainability as a core element of its business model, enhancing long-term value for stakeholders.
  • Dow's strong performance in sustainability assessments reflects its commitment to environmental stewardship and employee welfare.

Dow’s Sustainability Commitment Recognized on Global Stage

On December 18, 2024, Dow Inc. proudly announces its inclusion in the Dow Jones Sustainability World Index (DJSI World) for the 24th consecutive year, reinforcing its stature as a leader in sustainability within the global chemical industry. This recognition highlights Dow's continuing commitment to sustainable practices that not only address environmental challenges but also foster social responsibility. The company is also featured in the Dow Jones Sustainability North America Index for the 19th year, showcasing its long-term dedication to sustainability in its operations and corporate strategy.

Chief Sustainability Officer Andre Argenton articulates that this accolade serves as both an acknowledgment of Dow’s efforts and a motivator for ongoing improvement. He stresses the importance of sustainability, not merely as a compliance measure but as a foundational element of the company’s business model, contributing to long-term value for all stakeholders, including employees, customers, investors, and communities. Dow's performance in the S&P Global 2024 Corporate Sustainability Assessment (CSA) underscores this commitment, with strong scores in Climate Strategy, Water Management, and Occupational Health & Safety. Such achievements reflect Dow's strategic focus on enhancing both environmental stewardship and employee welfare, positioning the company favorably in an increasingly eco-conscious market.

Operating in 31 countries with a workforce of approximately 35,900 and reporting sales of about $45 billion in 2023, Dow aims to be the most innovative and customer-centric materials science company globally. The DJSI, established in 1999, acts as a critical benchmark for corporate sustainability, recognizing firms that excel in environmental, social, and governance criteria. Dow’s sustained recognition within these indices not only highlights its operational successes but also serves as a model for other corporations seeking to integrate sustainability into their core business strategies.

In addition to its sustainability achievements, Dow emphasizes the importance of innovation and technology in driving growth. The company seeks to leverage its extensive resources and commitment to sustainable practices to enhance its market position and address global challenges. For insights into Dow's sustainability journey, stakeholders can refer to the INtersections Progress Report available on their website.

As the global chemical industry increasingly shifts towards sustainability, Dow sets a precedent that other companies can emulate. This commitment not only meets investor expectations but also aligns with broader societal goals of environmental protection and social responsibility. The company's ongoing efforts highlight the vital role that major corporations play in addressing the pressing challenges of climate change and resource management.