All branded products will be produced with electricity backed
by renewable energy credits; Key milestone in achieving company's
2030 climate goal
WILMINGTON, Del., April 22,
2022 /PRNewswire/ -- DuPont (NYSE: DD) today
announced that its iconic and trusted brands – Kevlar®, Nomex® and
Tyvek® – will be produced using renewable electricity in its
operations. DuPont achieved this milestone by purchasing renewable
energy credits (RECs) earlier this month to match the energy
consumed in its 2022 operations and is committed to additional
purchases annually. This underscores the company's commitment to
achieving its renewable energy goal and acting on climate
stewardship as part of its 2030 Sustainability Goals.
"At DuPont, we believe urgent action is needed to address the
climate crisis impacting our global communities, and that's why
we're so proud that the most trusted names that protect people
worldwide are now doing even more to protect the planet," said
Leland Weaver, President, DuPont
Water & Protection. "Procuring renewable energy credits is a
key milestone in our sustainability journey and we remain committed
to energy efficiency in our global operations. We understand the
importance of delivering sustainable innovations for our customers,
value chain partners, employees and society."
As part of DuPont's sustainability strategy, the company's
Acting on Climate goal seeks to reduce greenhouse gas (GHG)
emissions 30% and source 60% of its electricity from renewable
energy sources and credits by 2030, and to deliver carbon neutral
operations by 2050. DuPont will report progress against its goals
when it publishes its 2022 Sustainability Report in early
May.
DuPont is a member of RE100, a global environmental initiative
led by the Climate Group in partnership with CDP, which brings
together companies committed to shifting the electricity used
globally in its operations to renewable energy. In 2021, the
company also signed a virtual power purchase agreement (VPPA) with
a subsidiary of NextEra Energy Resources, LLC. The VPPA project is
scheduled to commence operations in 2023 and is expected to deliver
approximately 528,000 megawatt hours (MWh) of wind-generated
renewable electricity annually to the local grid. This is
equivalent to approximately 25% of the company's total electricity
needs today.
To learn more about DuPont's 2030 Sustainability Goals, please
visit https://www.dupont.com/about/sustainability.html
About DuPont Water & Protection
DuPont Water and Protection is a global leader in creating
water, shelter and safety solutions for a more sustainable world;
enabling its customers to win through unique capabilities, global
scale and iconic brands including Kevlar®, Nomex®, Tyvek®, Corian®
Design, GreatStuff™, Styrofoam™, and FilmTec™.
About DuPont
DuPont (NYSE: DD) is a global innovation leader with
technology-based materials and solutions that help transform
industries and everyday life. Our employees apply diverse science
and expertise to help customers advance their best ideas and
deliver essential innovations in key markets including electronics,
transportation, construction, water, healthcare and worker safety.
More information about the company, its businesses and solutions
can be found at www.dupont.com. Investors can access information
included on the Investor Relations section of the website at
investors.dupont.com.
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Forward-looking statements include statements which relate to
the purpose, ambitions, commitments, targets, plans, objectives,
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including the development, implementation, achievement or
continuation of any goal, program, policy or initiative discussed
or expected in connection with DuPont's sustainability strategy may
differ materially from the statements made herein. The use of the
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See DuPont's most recent annual
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SOURCE DuPont