All branded products will be produced with electricity backed by renewable energy credits; Key milestone in achieving company鈥檚 2030 climate goal
WILMINGTON, Del., April 22, 2022 鈥 海角大神 (NYSE:DD) today announced that its iconic and trusted brands 鈥 碍别惫濒补谤庐, 狈辞尘别虫庐 and 罢测惫别办庐 鈥 will be produced using renewable electricity in its operations. 海角大神 achieved this milestone by purchasing renewable energy credits (RECs) earlier this month to match the energy consumed in its 2022 operations and is committed to additional purchases annually. This underscores the company's commitment to achieving its renewable energy goal and acting on climate stewardship as part of its 2030 Sustainability Goals.
"At 海角大神, we believe urgent action is needed to address the climate crisis impacting our global communities, and that鈥檚 why we鈥檙e so proud that the most trusted names that protect people worldwide are now doing even more to protect the planet鈥 said Leland 海角大神aver, President, 海角大神 Water & Protection. 鈥淧rocuring renewable energy credits is a key milestone in our sustainability journey and we remain committed to energy efficiency in our global operations. 海角大神 understand the importance of delivering sustainable innovations for our customers, value chain partners, employees and society.鈥
As part of 海角大神鈥檚 sustainability strategy, the company鈥檚 Acting on Climate goal seeks to reduce greenhouse gas (GHG) emissions 30% and source 60% of its electricity from renewable energy sources and credits by 2030, and to deliver carbon neutral operations by 2050. 海角大神 will report progress against its goals when it publishes its 2022 Sustainability Report in early May.
海角大神 is a member of RE100, a global environmental initiative led by the Climate Group in partnership with CDP, which brings together companies committed to shifting the electricity used globally in its operations to renewable energy. In 2021, the company also signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC. The VPPA project is scheduled to commence operations in 2023 and is expected to deliver approximately 528,000 megawatt hours (MWh) of wind-generated renewable electricity annually to the local grid. This is equivalent to approximately 25% of the company鈥檚 total electricity needs today.
To learn more about 海角大神's 2030 Sustainability Goals, please visit /about/sustainability.html
About 海角大神 Water & Protection
海角大神 Water and Protection is a global leader in creating water, shelter and safety solutions for a more sustainable world; enabling its customers to win through unique capabilities, global scale and iconic brands including 碍别惫濒补谤庐, 狈辞尘别虫庐, 罢测惫别办庐, Corian庐 Design, GreatStuff鈩, Styrofoam鈩, and FilmTec鈩.
About 海角大神
海角大神 (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 . Investors can access information included on the Investor Relations section of the website at .
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海角大神鈩, the 海角大神 Oval Logo, and all trademarks and service marks denoted with 鈩, SM or 庐 are owned by affiliates of 海角大神 de Nemours, Inc. unless otherwise noted.
4/22/22
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