DuPont Achieves Major Decarbonization Milestone Through Full Conversion to Low-GWP Styrofoam™ Brand XPS Insulation

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DuPont (NYSE:DD) announced a 94% reduction in embodied carbon for its Low-GWP Styrofoam™ Brand XPS insulation, now available across North America. The new insulation maintains moisture resistance and thermal performance criteria, offering LEED v4.1 LCA Optimization credit and a 200% cost benefit. Certifications include UL environmental product declarations, UL certification for pre-consumer recycled content, and GreenCircle Certified Material Ingredient reporting. The product also received the 2023 American Chemistry Council Sustainability Leadership Award in the Environmental Protection category. The transition to low-GWP Styrofoam™ Brand XPS insulation supports DuPont's goal to achieve a 75% reduction in GHG emissions by 2030.

Positive

• 94% reduction in embodied carbon
• LEED v4.1 LCA Optimization credit
• UL certifications for environmental product declarations and pre-consumer recycled content
• Supporting DuPont's goal to achieve a 75% reduction in GHG emissions by 2030

Negative

• None.

Featuring a 94% reduction in embodied carbon, Low-GWP Styrofoam™ Brand XPS insulation – winner of the 2023 American Chemistry Council (ACC) Sustainability Leadership Award – is now available across North America.

WILMINGTON, Del., Nov. 30, 2023 /PRNewswire/ -- DuPont (NYSE:DD) today announced all sites in North America manufacturing Styrofoam™ Brand XPS insulation now produce a low global warming potential (GWP) formulation, reducing the embodied carbon by 94%, and identifiable with a shift from the original blue to the new grey color. This new insulation maintains the Styrofoam™ Brand XPS trusted moisture resistance and thermal performance criteria demanded by the market. In addition to delivering significantly lower embodied carbon, this new Styrofoam™ Brand XPS insulation offers a wide range of benefits to customers, including LEED v4.1 LCA Optimization credit.

"I'm incredibly proud of everyone who contributed to this remarkable milestone," said Tim Lacey, Global Vice President & General Manager of DuPont Performance Building Solutions and Corian^® Design. "This award-winning product embodies the spirit of innovation. Our collective efforts have significantly decarbonized our Styrofoam™ portfolio, enabling us to better support our customers and communities while taking care of our planet."

Rooted in over 80 years of technical innovation, the new low-GWP Styrofoam™ Brand XPS Insulation continues to build on its strengths. Already made with 100% renewable electricity¹ and a zero-ozone-depletion formula, it continues to feature a minimum R-value of R-5 per inch of thickness, for long-term thermal performance.

Certifications and key highlights for the new formulation include:

• Provides 200% cost, or equivalent to two products, for the LEED v4.1 LCA Optimization credit
• Published UL environmental product declarations (EPDs) – U.S. and Canada
• Embodied Carbon/LCA Optimization Assessment, which demonstrates that DuPont's low-GWP product has achieved a 94% reduction in embodied carbon relative to the previous formulation
• UL Certified 20% pre-consumer recycled content, on average
• Material Ingredient reporting available as a Manufacturer Inventory through GreenCircle Certified 

In addition, the new formulation has already garnered awards for sustainable innovation, including the 2023 American Chemistry Council Sustainability Leadership Award in the Environmental Protection category. Styrofoam™ Brand Plazamate™ XR insulation, which features the low-GWP formulation and offers the highest thermal resistance per inch of any XPS roofing insulation, also received a 2023 R&D 100 Award.

"The building and construction industry must play an outsized role in reducing GHG emissions at a pace fast enough to keep warming within +1.5°C. Whole life carbon – encompassing both embodied and operational carbon, must be addressed to achieve the necessary reductions," said Shawn Hunter, Global Sustainability Director of DuPont Performance Building Solutions. "This innovation embodies the spirit of action that we're seeing today as world leaders gather at COP28 to drive a stronger commitment to decarbonization. By completing this conversion, our team achieved a major milestone in the history of Styrofoam™, significantly reducing embodied carbon while maintaining high-performance levels, and supporting the necessary transition to net-zero buildings."

DuPont recognizes the importance of achieving net-zero carbon emissions in the built environment to manage the climate crisis and believes that all buildings play a critical role in mitigating and adapting to climate change. The transition to low-GWP Styrofoam™ Brand XPS insulation supports the DuPont Performance Building Solutions and Corian^® Design business goal to achieve a 75% reduction in GHG emissions from its operations by 2030 (using 2019 levels as a baseline).

This product innovation milestone has also helped DuPont strengthen its climate goals, which were updated earlier this year. After surpassing its goal of a 30% reduction in Scope 1 and 2 GHG emissions eight years ahead of schedule, the company has set more ambitious targets validated by the Science Based Targets initiative (SBTi). The new targets include a 50% reduction in Scope 1 and 2 emissions by 2030 (using 2019 levels as a baseline), along with a Scope 3 GHG emissions reduction goal of 25% in absolute Scope 3 emissions from purchased goods and services and end of life treatment of sold products by 2030 (using a 2020 baseline year). 

To view previous communications and learn more about new low-GWP Styrofoam™ Brand XPS Insulation products available throughout North America, DuPont's conversion program and commitment to sustainability, please visit the Product Resources section and other areas of beyondblue.dupont.com.

¹ We have purchased Renewable Energy Credits to offset our electricity usage since 2016 for select brands. Starting in 2020, we offset our full in-house manufacturing electricity usage for brands in North America.

About DuPont Performance Building Solutions
DuPont Performance Building Solutions is a global innovation leader in the building and construction industry, providing products and materials for all six sides of the building envelope. 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 Water & Protection
DuPont Water & Protection is a global leader in delivering innovation for life's essential needs in water, shelter and safety, enabling its customers to win through unique capabilities, global scale and iconic brands that include Corian^®, Kevlar^®, Nomex^®, Tyvek^®, Great Stuff™, Styrofoam™ and FilmTec^®.

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.

DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, ℠ or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

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.

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SOURCE DuPont

FAQ

What is the ticker symbol for DuPont?

DuPont's ticker symbol is NYSE:DD.

What is the benefit of the new Low-GWP Styrofoam™ Brand XPS insulation?

The new insulation offers a 94% reduction in embodied carbon, LEED v4.1 LCA Optimization credit, and a 200% cost benefit.

What certifications does the new formulation have?

The new formulation has UL environmental product declarations, UL certification for pre-consumer recycled content, and GreenCircle Certified Material Ingredient reporting.

What award did the new formulation receive?

The new formulation received the 2023 American Chemistry Council Sustainability Leadership Award in the Environmental Protection category.

What is DuPont's goal related to GHG emissions?

DuPont aims to achieve a 75% reduction in GHG emissions by 2030.

What is the benefit of the transition to low-GWP Styrofoam™ Brand XPS insulation?

The transition supports DuPont's goal to achieve a 75% reduction in GHG emissions by 2030.