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Corporate Social Responsibility
News
12.13.2005 ET
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Dow Sponsors Alliance to Save Energy's ''The Power is in Your Hands'' Campaign
Empowering Americans to Save Energy and Money This Winter
(CSRwire) Washington, DC - Committed to being part of the solution to
America's energy challenges, The Dow Chemical Company today announced a
major corporate sponsorship of The Alliance to Save Energy's The Power is
in Your Hands energy efficiency campaign. With U.S. natural gas prices
now the highest in the world - and as American households face heating
bills averaging 25 percent higher than last year's - The Power is in Your
Hands is designed to empower U.S. energy consumers to save money and
energy this winter.
Led by the Alliance to Save Energy and the American Gas Association, The
Power is in Your Hands campaign brings together business, industry,
utilities, trade associations, federal agencies, and community groups
whose common goal is reducing energy use to lower prices in the long run.
The coalition's 20-plus members include The Dow Chemical Company, the U.S.
Department of Energy, the U.S. Environmental Protection Agency, the
National Association of Manufacturers, the American Chemistry Council, the
Business Roundtable, the North American Insulation Manufacturers
Association, and the Edison Electric Institute, among others.
"For nearly a century, Dow has been an industry leader in energy
efficiency, and now we are pleased to team up with the Alliance to Save
Energy, supporting efforts to reduce demand for U.S. natural gas and
promote sustainable energy solutions," said Andrew Liveris, president and
CEO, The Dow Chemical Company "There is a natural gas crisis in this
country, and resolving it will require a balanced and comprehensive
solution to both reduce energy demand and increase the supply of American
energy. Focusing on energy efficiency is the best near-term action that
all consumers can take to help address the skyrocketing cost of natural
gas."
The Power is in Your Hands campaign was officially launched at a press
event hosted by the Alliance to Save Energy in Washington, DC earlier
today. During the press conference, major sponsors of the campaign,
including Dow, voiced their support for this Alliance to Save Energy
initiative - and also described how their organizations support energy
efficiency. Peter Molinaro, vice president of federal and state
government affairs, spoke on Dow's behalf at this event.
"Energy efficiency feels good and saves money, and with high energy and
heating prices increasingly affecting all sectors of society, focusing on
efficiency has become an imperative for all energy consumers," Molinaro
said. "Since 1995, Dow has saved more than $3 billion through energy
efficiency improvements. If every homeowner could save $300 - or even $30
- what a contribution we could collectively make to America's energy
independence."
In addition to providing financial support for The Power is in Your Hands
campaign, during the winter months Dow will make energy savings tips and
campaign materials available to its employees and retirees throughout the
U.S. The company will also encourage its industry partners to do the
same.
"Dow uses natural gas as both an energy source and a critical raw material
to make thousands of products that are essential to our daily lives, from
life-saving medicines and home insulation to plastics that make cars and
appliances more energy efficient," Molinaro said. "High natural gas prices
are a critical issue for America's manufacturers and increasingly for all
energy consumers, and this campaign presents an excellent opportunity for
all of us to come together to be part of the solution."
The Alliance to Save Energy is a coalition of prominent business,
government, environmental, and consumer leaders who promote the efficient
and clean use of energy worldwide to benefit consumers, the environment,
economy, and national security. The Power is in Your Hands campaign is
designed to arm consumers with information and tools to manage their home
energy bills; inform them about the connection between household energy
use and energy prices; and inspire them to use energy efficiency to reduce
their energy and thereby enhance the nation's energy security. For more
information about the campaign, visit www.powerisinyourhands.com.
Dow is a leader in science and technology, providing innovative chemical,
plastic and agricultural products and services to many essential consumer
markets. With annual sales of $40 billion, Dow serves customers in 175
countries and a wide range of markets that are vital to human progress:
food, transportation, health and medicine, personal and home care, and
building and construction, among others. Committed to the principles of
sustainable development, Dow and its 43,000 employees seek to balance
economic, environmental and social responsibilities. References to "Dow"
or the "Company" mean The Dow Chemical Company and its consolidated
subsidiaries unless otherwise expressly noted.
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