What is the giant step needed to avoid the worst of climate change?
The latest UNEP Emissions Gap Report found that as a global society, we still do not have a credible pathway to achieve our common goal of limiting global temperature increase to 1.5°C. We must collectively take a series of small (and not-so-small) meaningful steps across industries, regions, countries, and governments to limit temperature increase to 1.5°C. Yes, the complexity is immense, but not insurmountable if we work together and invest for results. We are committed to using building science to innovate our products and equip the market with the solutions needed to bend the curve on global GHG emissions, realizing our shared vision of a planet that we can call home- now, and for generations to come.
Where to start and how SBTi targets can help
According to the United Nations, most countries are off track in achieving their nationally determined contributions (NDCs), which have been determined to be globally insufficient to meet the 1.5°C limit.
The fact is, the building and construction segment is responsible for nearly 40% of all annual CO2 emissions. So, taking strategic steps as an industry can have giant implications for global efforts to reduce GHG emissions.
Commitment to the global community is demonstrated through our actions, fulfilling our pledge to innovate a progressively safer and more sustainable future and innovating to deliver solutions as if our future depends on it – because it does. We need to trust science to guide actions, operations and innovations – and that’s why the Science Based Targets initiative is critical. As we partner and collaborate to accelerate technology development and cultivate the regulatory, governmental and investment climate needed to successfully transition to a low-carbon global economy, SBTi places much-needed emphasis on:
How small steps can lead to a giant step for all
DuPont Performance Building Solutions and Corian® Design has strategically taken steps to reduce its emissions by 41% from 2019 to 2022, aligning with our 2030 goal to reduce emissions by 75%, as demonstrated in the 2023 Sustainability Progress Update. Achieving over half of our reduction target in three years since setting our 10-year target in 2019, we are on track to meet our 2030 climate ambition, demonstrating our dedication to the Science Based Targets initiative (SBTi). While this accomplishment won’t singlehandedly keep our world below the 1.5°C limit outlined by the Paris Agreement, it provides hope for the giant step that can be created for everyone if we join together- demonstrating that intentions and innovation can be paired together to drive meaningful progress on reducing GHG emissions at the individual organization level.
Let's work together
Our team at DuPont Performance Building Solutions and Corian® Design believes that a low-carbon economy is not only possible, but it is critical for the future. We look forward to collaborating across industries and communities to invest in our planet and avoid the worst impacts of climate change. We hope you will join us!
About DuPont Performance Building Solutions and Corian® Design
Grounded in science, DuPont Performance Building Solutions and Corian® Design are working alongside those who also seek a sustainable tomorrow to help people thrive at home and in their communities for years to come. By developing solutions for managing the air, water and thermal performance of buildings and residences, we help our customers build energy-efficient, resilient, and durable shelters in a rapidly changing world. Backed by unmatched industry insight, building knowledge, and technical support, as well as world-class brands such as Styrofoam™ Brand, Tyvek®, and Great Stuff™, our products and services portfolio enables customers to focus on what they do best, no matter where and how they choose to build.
About DuPont
DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.
Cautionary Statement Regarding Forward Looking Statements
This communication contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "target," and similar expressions and variations or negatives of these words.
Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, uncertainties, and assumptions, many of which that are beyond DuPont's control, that could cause actual results to differ materially from those expressed in any forward-looking statements. Forward-looking statements are not representations or warranties or guarantees of future results.
Forward-looking statements include statements which relate to the purpose, ambitions, commitments, targets, plans, objectives, and results of DuPont’s sustainability strategy. Forward-looking statements include statements related to the standards and measurement of progress against the company’s sustainability goals, including metrics, data and other information, which are based on estimates and assumptions believed to be reasonable at the time. The actual conduct of the company’s activities and results thereof, including the development, implementation, achievement or continuation of any goal, program, policy or initiative discussed or expected in connection with DuPont’s sustainability strategy may differ materially from the statements made herein. The use of the word “material” for the purposes of statements regarding our sustainability strategy and goals should not be read as equating to any use of the word in the company’s other disclosures or filings with the U.S. Securities and Exchange Commission.
See DuPont’s most recent annual report and subsequent current and periodic reports filed with the U.S. Securities and Exchange Commission for further description of risk factors that could impact the expectations or estimates implied by the Company’s forward-looking statements, including (i) the ability to meet expectations regarding the timing, completion, accounting and tax treatments, and benefits, including integration, related to portfolio changes; (ii) risks and costs related to indemnification of legacy liabilities; (iii) risks and uncertainties related to operational and supply chain impacts or disruptions, including ability to offset increased costs, obtain raw materials, and meet customer needs, and (iv) other risks to DuPont's business and operations. Unlisted factors may also present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business or supply chain disruption, operational problems, financial loss, legal liability to third parties, loss of key customers, reputational harm and similar risks, any of which could have a material adverse effect on DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. DuPont assumes no obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.
Media contact