DuPont Commits to Net-Zero Emissions by 2050
WILMINGTON, Del., September 2024 : DuPont (NYSE: DD) today announced its commitment to achieve net-zero carbon emissions by 2050.
In a letter submitted to the Science Based Targets initiative (SBTi), the company indicated its intent to set long-term science-based greenhouse gas (GHG) emission reduction targets, thereby establishing an end-to-end value chain net-zero target to be verified by SBTi in accordance with SBTi's Net-Zero Standard.
The net-zero goal aligns with the rigorous standards set by SBTi and the Paris Agreement, which aims to limit global temperature rise to 1.5°C.
"At DuPont, we're proud to take yet another bold step in our commitment to sustainability that meets the needs of our customers and enables society to thrive," said Alexa Dembek, DuPont Chief Technology & Sustainability Officer. "Our efforts to deliver sustainable innovations and solutions has resulted in exceeding our 2030 climate goals and putting us on a clear path toward decarbonization in our operations and value chains by 2050."
The net-zero commitment builds on the significant progress DuPont has achieved since 2019 when the company established its Acting on Climate Goal as part of its overall sustainability strategy.
As Announced In April 2024, Dupont Has Exceeded Its Climate Targets
· achieving a 58% reduction in Scopes 1 and 2 emissions from a 2019 baseline and achieving a 39% reduction in Scope 3 emissions from purchased goods and services and end-of-life of sold products from a 2020 baseline.
· DuPont also surpassed its near-term goal to source 60% of electricity from its operations from renewable sources by 2030, and
· As a member of RE100, a global initiative led by the Climate Group and in partnership with CDP, is committed to 100% renewable electricity by 2050, including the use of renewable energy certificates.
As part of the commitment letter, DuPont will work to set long-term, net-zero targets in line with the SBTi criteria and recommendations. The targets will be submitted and validated by SBTi within 24 months.
For more information on DuPont's climate progress and overall sustainability performance, please visit dupont.com/sustainability.
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.
