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Advancing Dow's Ambition: 2024 Progress Report
Advancing Dow's Ambition: 2024 Progress Report

Associated Press

time5 days ago

  • Business
  • Associated Press

Advancing Dow's Ambition: 2024 Progress Report

Team Dow remains agile and focused on taking proactive actions to improve profitability in the midst of persistent macroeconomic challenges, while delivering value to our customers, shareholders, and society. In 2024, we made meaningful progress to answer customer demands for sustainable products, reduce greenhouse gas (GHG) emissions and drive circularity. Our high-performance culture enabled Team Dow to help advance the materials science industry and create stronger communities. Our best-in-class governance enhanced transparency and continued to foster a culture of integrity and alignment with shareholder interests. Inside this report you will find examples of the many ways we continue to advance our ambition. Every day, Team Dow strives to deliver a sustainable future and create long-term value for all our stakeholders. Here are a few highlights of our progress in 2024. Protecting the climate In 2024, we continued to implement our Decarbonize & Grow strategy and launched our Water & Nature strategy. Both are critical for long-term business growth. Path2Zero projectWater & Nature strategyCarbon Footprint Ledger Learn more about how we help protect the climate Advancing a circular economy and safer materials Our capital-efficient approach with industry-leading partnerships is expanding our portfolio of high-value, sustainable products that meet customer demand. acquiring Circulus, a U.S.-based mechanical recyclerREVOLOOP™ Recycled Plastics ResinsMaizeCare™ Clarity Polymer Discover how we are driving towards a circular economy Learn about our approach to safer materials Cultivating a thriving team and communities We continue to advance a culture that enables our people, our Company, and our communities to grow and thrive. Great Place To Work® and FORTUNE as one of the 25 World's Best Workplaces™ Learn more about Team Dow Learn more about the communities we help support Accountability in Action We conduct business according to Dow's values while strengthening our governance practices to promote good decision-making and a culture of integrity to create long-term value for our shareholders. Learn more about our business practices About the author Jim Fitterling is Chair and Chief Executive Officer for Dow Inc., a global materials science company with 2024 sales of approximately $43 billion. He became CEO in July 2018 and was elected Board Chair in April 2020. Fitterling led Dow's transformation from a lower-margin, commodity company to one deeply focused on higher-growth markets that value innovation – with the ambition to be the most innovative, customer-centric, inclusive, and sustainable materials science company in the world. Fitterling is a leading voice in sustainability; a strong advocate for a circular and net-zero emissions economy; and vocal champion for inclusion. View original content here. DowDow (NYSE: DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 30 countries and employ approximately 36,000 people. Dow delivered sales of approximately $43 billion in 2024. References to Dow or the Company mean Dow Inc. and its more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting Visit 3BL Media to see more multimedia and stories from Dow

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