Dow Announces New Circular and Renewable Solutions Goals
Dow Inc. has announced it will accelerate the sustainability targets set by the company in 2020 by expanding its Stop the Waste target to a Transform the Waste target. By 2030, Dow will transform plastic waste and other forms of alternative feedstock to commercialize three million metric tons of circular and renewable solutions annually. To do this, Dow will expand its efforts to stop the waste by building industrial ecosystems to collect, reuse, or recycle waste, and expand its portfolio to meet rapidly growing demand.
“We are expanding our commitments to address plastic waste, and meet customers' increasing demands for more sustainable and circular products," said Jim Fitterling, Dow's chairman and chief executive officer. “Through investments in key technologies, infrastructure, and strategic collaborations, we are expanding our Stop the Waste goal to reflect the transformation of Dow's plastic franchise and leadership to enable a circular economy. We will increase the value of waste and enable a new industrial ecosystem to grow, which in turn will allow Dow to scale our ability to produce circular and low-carbon emission solutions."