- Selected projects are part of the company’s Business Impact Fund program
- Since 2016, the Impact Fund has supported 58 projects in 22 countries
MIDLAND, Mich. – November 9, 2023 – Today, Dow (NYSE: DOW) announced its 2023 Business Impact Fund selections: seven projects that will help drive social impact and advance sustainability through collaboration. The annual fund brings together NGOs, nonprofit organizations and Dow customers to help solve global issues using Dow technology and employees’ expertise.
"Our Impact Fund is about helping to solve some of the world’s most pressing challenges while using our products for good and unlocking innovative business opportunities with our customers,” said Bob Plishka, global director of Strategic Corporate Partnerships and Dow Company Foundation president. “This year’s projects focus on addressing circularity and waste transformation initiatives while seeking to support society’s most vulnerable populations.”
People help collect materials through Delterra’s Rethinking Recycling program. Dow is collaborating with Delterra through Dow’s 2023 Business Impact Fund to support the program in Argentina.
Since launching in 2016, the Impact Fund has supported 58 projects in 22 countries totaling nearly $12 million in investments. To date, the Fund’s projects have achieved the following outcomes:
Dow employees worldwide nominate potential projects, and a diverse committee representing business and functional leadership across the Company selects the winners. Projects must meet the following criteria:
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance leadership to achieve profitable growth and help deliver a sustainable future. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates manufacturing sites in 31 countries and employs approximately 37,800 people. Dow delivered sales of approximately $57 billion in 2022. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
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