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Dow Works to Reduce Emissions With New Power Agreements
October 8, 2021Dow Chemical Co. has signed eight new renewable power purchase agreements (RPAs) for its facilities in Europe and the Americas.
According to Dow, the RPAs increase the company’s clean power capacity from wind and solar and are expected to cut its scope 2 emissions by more than 600,000 metric tons of carbon dioxide equivalent (CO2e) per year. Dow now has total access of 850 megawatts of clean energy, putting the company on pace to exceed its 2025 sustainability goal for power from renewable sources.
“Dow’s ambition to be the most sustainable materials science company in the world includes making efforts to reduce our greenhouse gas emissions. As one of the leading purchasers of clean power in the chemical industry and among the top 20 clean energy purchasers of corporations globally, we continually pursue opportunities to move our sites to cleaner, more cost-effective power while ensuring reliable operations,” said Jack Broodo, president of Dow’s feedstocks and energy business segment. “These agreements will keep Dow competitive now and into the future as we continue to deliver products and innovations that ultimately keep carbon emissions out of the environment.”
About Dow
Dow Chemical Co. is a global science- and technology-based company that develops and manufactures a portfolio of chemical, plastic, and agricultural products and services. For more information, visit www.dow.com.