Dow releases annual Sustainability Report

Details progress toward 2025 Sustainability Goals; accelerates
actions to combat ocean waste

MIDLAND, Mich.–(BUSINESS WIRE)–Dow (NYSE: DOW) today released its 2018
Sustainability Report
, which shares its progress against its 2025
Sustainability Goals and demonstrates its commitment to collaborate with
value chain partners and other stakeholders to find more sustainable
ways to do business. In 2018, the Company generated substantial business
value from its pioneering efforts to incorporate natural capital and
ecosystem services into its decision-making. It also developed and
invested in a series of new global initiatives to keep plastic waste out
of the environment.

The progress we made in 2018 toward our sustainability goals is a
powerful testament to how we are working across our value chains with
all stakeholders to incorporate their sustainability needs into our
business strategy,” said Jim
Fitterling
, chief executive officer of Dow. “I’m proud of our
progress and enthusiastic about the impact we expect to make in the
areas that matter to all our stakeholders and our planet.”

The report shares specific progress on the seven pillars of Dow’s 2025
Sustainability Goals, including Valuing Nature, Advancing a Circular
Economy, World-Leading Operations Performance, and Engaging for Impact:
Communities, Employees, Customers. Some notable highlights in the 2018
Sustainability Report include:

Valuing Nature

  • More than 25 percent of the way toward the goal of being the first
    company to achieve $1 billion in value primarily through avoided costs
    from projects that are good for business and better for ecosystems.
  • Conducted 22 business workshops at Dow sites to help identify future
    nature projects and educate employees about how to incorporate the
    value of nature into business decision making

Advancing a Circular Economy

  • Became a founding investor
    in Circulate Capital’s
    $100 million effort to incubate and finance
    companies and infrastructure that prevent waste in oceans.
  • Joined the World Economic Forum’s Global
    Plastic Action Partnership
    , designed to bring businesses, civil
    society, national and local governments, community groups and
    world-class experts together to collaborate on solving plastic
    pollution.
  • Invested in recycling and waste management solutions to help advance a
    circular economy and develop
    new commercial recycling business models
    and growth strategies
    that monetize plastics waste recycling streams globally.
  • Worked closely with leading nongovernmental organizations (NGOs),
    including donating an
    additional $1 million
    to Ocean Conservancy over the next two
    years, to support waste collection and recycling solutions in
    Southeast Asian countries.

World-Leading Operations Performance

  • Reduced exposure to higher-risk situations by more than 750,000 hours
    using a wide range of new technologies for confined space entry,
    elevated work and industrial cleaning. Dow leads the industry in using
    technologies such as robotics, unmanned aerial vehicles or
    non-destructive testing to improve worker safety.
  • Reduced its freshwater intake intensity at water-stressed sites by 13
    percent versus the company’s 2015 baseline and by 8 percent versus
    2017.

Engaging for Impact: Communities, Employees, Customers

  • Engaged more than 2,300 Science, Technology, Engineering and
    Mathematics (STEM) Ambassadors to support approximately 4,500
    teachers, enhancing STEM opportunities for more than 200,000 students
    inside and outside the classroom.
  • Through the Dow Business Impact Fund, invested in seed funding for
    seven projects in Thailand, Canada, Jordan, Ethiopia, Brazil and South
    Africa.
  • Donated the equivalent of 10,000 hours in pro bono consulting through
    innovative leadership development programs in which Dow leaders
    applied their professional skills to community-based problems. More
    than 50 Dow leaders from across the world worked virtually and
    in-country with 12 NGOs in India, Rwanda and Senegal.

We recognize lasting change starts with partnerships,” said Mary
Draves, chief sustainability officer and vice president of Environmental
Health & Safety for Dow. “Guided by our 2025 Sustainability Goals, we
continue to use our science, expertise and global reach to collaborate
with other stakeholders to help shape a more sustainable world.”

Dow has been widely recognized for its sustainability leadership,
including being named to the Dow Jones Sustainability World Index and
the FTSE4Good Index Series, reflecting the Company’s strong
environmental, social and governance practices. Dow’s Sustainability
Report was prepared in accordance with the Global Reporting Initiative
(GRI) Comprehensive Option. GRI is the most widely used framework for
sustainability reporting used by businesses, governments and other
organizations.

To learn more about Dow’s sustainability goals and to view the entire
report, visit: https://corporate.dow.com/en-us/science-and-sustainability/reporting.

About Dow

Dow (NYSE: DOW) combines one of the broadest technology sets in the
industry with asset integration, focused innovation and global scale to
achieve profitable growth and become the most innovative, customer
centric, inclusive and sustainable materials science company. Dow’s
portfolio of performance materials, industrial intermediates and
plastics businesses delivers a broad range of differentiated
science-based products and solutions for our customers in high-growth
segments, such as packaging, infrastructure and consumer care. Dow
operates 113 manufacturing sites in 31 countries and employs
approximately 37,000 people. Dow delivered pro forma sales of
approximately $50 billion in 2018. References to Dow or the Company mean
Dow Inc. and its subsidiaries. For more information, please visit www.dow.com
or follow @DowNewsroom
on Twitter.

Contacts

Ashley Mendoza
+1.225.353.1806
[email protected]

Christy English
+1.989.638.4286
[email protected]

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