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4.17.2007 - 03:00pm ET

CSR News from:

Dow Chemical Company

News Category:

Environment

Dow Joins United States Climate Action Partnership

(CSRwire) MIDLAND, MI – April 17, 2007 - The Dow Chemical Company announced today that the company has joined the United States Climate Action Partnership. Launched in January 2007, the USCAP is an alliance of major businesses and leading climate and environmental groups that have come together to call on the federal government to enact legislation requiring significant reductions of greenhouse gas emissions. Dow Chairman and CEO Andrew Liveris will join the USCAP CEO Board and Dow will be represented on the Steering Committee.

Commenting on Dow's USCAP membership Liveris stated: "Climate change is real and the most urgent environmental issue our society faces. Slowing, stopping and reversing the causes of climate change will require collaboration, innovation and sound public policy. We are therefore very pleased to join the United States Climate Action Partnership, and help drive its goals and principles."

The USCAP developed a set of principles and recommendations to guide the formulation of a regulated economy-wide, market-driven approach to climate protection. The six principles, outlined in the "Call for Action" are:

    1. Account for the global dimensions of climate change;
    2. Create incentives for technology innovation;
    3. Be environmentally effective;
    4. Create economic opportunity and advantage;
    5. Be fair to sectors disproportionately impacted; and
    6. Reward early action.
"These principles are completely in line with what Dow has advocated for globally and we will continue to do so", explained Liveris. "As a world leader in chemistry, we have much at stake, as well as a lot of solutions to offer. In 25 years, the world's population will increase by roughly 25 percent and is expected to consume goods and services at a rate four times higher than we do now. This rate of consumption, more than the population numbers themselves, will have the most significant correlation to the rate at which we consume fossil fuels and produce greenhouse gases. The challenge will be how to provide humanity with a sustainable energy supply while addressing climate change. Dow is uniquely positioned to provide innovations that enable diverse solutions to these challenges. We have been part of the solution for decades and through our 2015 and 2025 goals on climate change and energy efficiency we hold ourselves accountable to continue on this path."

About The Dow Chemical Company
Dow is a diversified chemical company that harnesses the power of innovation, science and technology to constantly improve what is essential to human progress. The Company offers a broad range of products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $49 billion and employs 43,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.

About The United States Climate Action Partnership
United States Climate Action Partnership (USCAP) is a group of businesses and leading environmental organizations that have come together to call on the federal government to quickly enact strong national legislation to require significant reductions of greenhouse gas emissions. USCAP has issued a landmark set of principles and recommendations to underscore the urgent need for a policy framework on climate change. This unique alliance believe that swift legislative action on the USCAP solutions-based proposal, entitled A Call for Action, would encourage innovation, enhance America's energy security, foster economic growth, improve our balance of trade and provide critically needed U.S. leadership on this vital global challenge.

For more information please contact:

Eveline Kooiman
The Dow Chemical Company
+41 – (0)44 728 2859
1-989-636-0626
www.dow.com


For more CSR news and information from this organization:

Corporate Social Responsibility Profile for Dow Chemical Company


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