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Dow's Climate Change and Energy Policy: A Comprehensive Strategy for Sustainability

In this detailed analysis, Gordon Slack, Business Director and Energy Leader at Dow, outlines the company's commitment to addressing climate change through innovative and sustainable practices. Dow operates in 180 countries, with annual sales of $33 billion, focusing on crucial markets like food, healthcare, and electronics. The presentation highlights Dow's GHG emissions reduction strategy, advocacy for federal trading directives, and collaboration with external stakeholders to foster renewable energy and efficiency. Dow strives to balance growth with its responsibility to the environment.

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Dow's Climate Change and Energy Policy: A Comprehensive Strategy for Sustainability

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Presentation Transcript

  1. Climate Change & Energy PolicyDow Perspective December 14, 2004Gordon Slack Business Director - Energy

  2. Leader in Chemicals, Plastics and Ag Products • Annual sales of $33 billion • Serve customers in 180 countries • 46,000 employees • 10essential markets: • Food • Building and Construction • Transportation • Furniture and Furnishings • Paper and Publishing • Home Care and Improvement • Personal and Household Care • Health and Medicine • Water Purification • Electronics and Entertainment • Committed to Sustainable Development About Dow

  3. Global Dow CO2 Eq. Emissions Global Emissions Trading

  4. Dow’s Balancing Act EU/Canada/ Japan Developing Countries United States Passive advocacy Plan for future Manage growth Seek credit opportunities Active advocacy Implementation + Plan for a Global Future

  5. United States GHG Status No Federal trading directive • RGGI – Eastern states directive • Voluntary systems - CCX • State lawsuits against utilities • McCain/Lieberman potential legislation

  6. Global Trading Challenges for Dow Infrastructure needed to monetize carbon • Measurement • Data management system • Emissions forecasting • Price forecasting • Updated credit balances • Trading responsibility • Verification and auditing • Business cost integration

  7. Dow’s Climate Change Vision Dow contributes to the solution of climate change by developing & commercializing sustainable, climate friendly products and technologies and by reducing its GHG emissionsper unit of production.

  8. Climate Change Team Structure Strategy Board was formed to direct ACTION: • sub-teams formed and chartered to GO DO

  9. External Stakeholders Climate Change Team Structure Energy Conservation & Efficiency Team Renewable Energy Team Regional Strategy Teams GHG Offset Project Team Biz. Opportunity /New Technology Team CC&EP Strategy Board Comms. & Advocacy Team Emissions Trading Team Site Emissions Management Teams Emissions Infrastructure & Implementation Team Climate Change Metrics Team External Stakeholders

  10. Sustainable Opportunities • Efficiency & Conservation • Dow products/technology • Renewable energy • CDM projects • Coal gasification • Value-added credit trading • Dow Ventures

  11. * Living.Improved Daily. *Trademark of The Dow Chemical Company

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