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Corporate Social Responsibility
News
12.10.2007 - 09:00am ET
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CSR News from:
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DuPont
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Innovation is Essential to Increasing Energy Efficiency and Reducing Greenhouse Gas Emissions, DuPont Leader Says
DuPont Participates in United Nations Climate Change Conference in Bali
(CSRwire) BALI, Indonesia, Dec. 10 /PRNewswire-FirstCall/ -- Innovations will be
essential to increasing the energy efficiency of buildings and
transportation to reduce global greenhouse gas emissions, DuPont Greater
China President Doug Muzyka told participants at the Bali Global Business
Day at the United Nations Framework Convention on Climate Change here
today.
"In the growing world economy, energy demand remains high and will
continue to increase, particularly in countries with rapidly developing
economies. At the same time, as a global community, we know that critical
environmental challenges such as climate change must be addressed," Muzyka
said. "DuPont is focused on delivering low-carbon solutions to the
marketplace in order to help our value chains improve their energy
efficiency and reduce greenhouse gas emissions."
Jointly organized by World Business Council for Sustainable
Development and the International Chamber of Commerce, the Bali Global
Business Day brought together nearly 300 decision makers from companies,
governments, inter-governmental and non-governmental organizations.
Muzyka participated in the panel discussion, "Solutions and
Opportunities in Energy Efficiency," which discussed how energy efficiency
and demand-side management can contribute to a low-carbon framework.
"From 1990 to 2003, DuPont reduced the greenhouse gas emissions from
our operations by 72 percent. During the same period, our global energy
use actually declined 6 percent while our business grew by 40 percent --
translating to over $3 billion in avoided energy costs," Muzyka said.
"With the launch of our 2015 Sustainability Goals over a year ago, we
expanded our commitments to go beyond our own footprint reduction to
include market-facing goals for R&D investment and revenues from
sustainable products and services," he added. "For example, we know that
buildings can account for approximately 40 percent of the greenhouse gas
emissions in developed countries. Innovations such as DuPont(TM)
Energain(R) and metalized Tyvek(R) can help reduce a building's emissions
by reducing energy use up to 30 percent."
Muzyka noted that DuPont is committed to delivering alternative energy
solutions and advanced biofuels to the global marketplace. "We already
offer alternative energy solutions such as the enabling technologies for
photovoltaics and fuel cells," he said. "Our Pioneer-Hi Bred seed
business continues to expand biofuels production per acre, resulting in
more fuel without increasing the production land used. Further, we are
about to bring to market advanced, next-generation biofuels including
cellulosic ethanol, which will provide a lower carbon footprint for the
transportation fuels sector, and biobutanol, which will increase energy
efficiency because of the improved mileage it provides compared to
existing biofuels."
DuPont -- one of the first companies to publicly establish
environmental goals 18 years ago -- has broadened its sustainability
commitments beyond internal footprint reduction to include market-driven
targets for both revenue and research and development investment. The
goals are tied directly to business growth, specifically to the
development of safer and environmentally improved new products for key
global markets.
DuPont (NYSE: DD) is a science-based products and services company.
Founded in 1802, DuPont puts science to work by creating sustainable
solutions essential to a better, safer, healthier life for people
everywhere. Operating in more than 70 countries, DuPont offers a wide
range of innovative products and services for markets including
agriculture and food; building and construction; communications; and
transportation.
The DuPont Oval Logo, DuPont(TM), The miracles of science(TM),
Energain(R) and Tyvek(R) are registered trademarks or trademarks of DuPont
or its affiliates.
For additional information on DuPont sustainability efforts and
commitments, please visit www.sustainability.dupont.com
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