DuPont Receives American Chemistry Council's Sustainability Leadership Award

Rhea-AI Summary

DuPont (NYSE: DD) has been honored with the American Chemistry Council's 2024 Sustainability Leadership Award in the 'Social Responsibility and Community Engagement' category.

The award recognizes DuPont's Clear into the Future® (CITF) grant program, which supports projects addressing climate change, water stewardship, circular economy, and biodiversity protection.

In 2023, the CITF program funded 19 projects in seven countries. This initiative aligns with DuPont's 2030 Sustainability Goal of Building Thriving Communities.

The award highlights DuPont's commitment to environmental sustainability and community engagement. The ACC's judging panel, comprised of external sustainability leaders, praised the program's innovation and impact.

Positive

• DuPont received the ACC's Sustainability Leadership Award, enhancing its reputation in sustainability.
• The Clear into the Future® program funded 19 environmental projects in seven countries in 2023.
• The CITF initiative supports climate change adaptation, water stewardship, circular economy, and biodiversity.
• DuPont's 2030 Sustainability Goal aligns with the CITF program, showing strong corporate commitment to sustainability.
• Recognition by external sustainability leaders boosts DuPont's credibility and public image.

Negative

• The press release does not provide specific financial data to demonstrate the economic benefits of the CITF program.
• The impact of the CITF program on DuPont's stock performance remains unclear.
• The focus on social responsibility and community engagement may not directly address investor concerns about profitability and revenue growth.

Company's Clear into the Future^® program recognized for exemplary achievements in social responsibility and community engagement

WILMINGTON, Del., May 14, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced that it has received the American Chemistry Council (ACC) 2024 Sustainability Leadership Award, which recognizes exemplary products, technologies and initiatives that help advance sustainability.

DuPont received the award in the "Social Responsibility and Community Engagement" category for its Clear into the Future^® (CITF) grant program. The employee-led global program was created to drive positive environmental impact in DuPont communities. The CITF program is held annually, with awards going to nonprofits and educational institutions for projects that impact one or more of the following areas: climate change adaptation and mitigation, water stewardship, circular economy, and biodiversity protection. In 2023, the company awarded nonprofit grants for 19 projects in seven countries across four regions. The CITF program is integral in the company's efforts to achieve its Building Thriving Communities 2030 Sustainability Goal.

"We are very proud to be recognized by the ACC for DuPont's deep and longstanding commitment to improving our natural environment through community engagement and education," said Daryl Roberts, Chief Operations and Engineering Officer at DuPont "This prestigious award underscores the dedication and passion of our employees who selflessly volunteer their time to be leaders in their communities and embody our core value of protecting the planet and our purpose of empowering people everywhere to thrive in a more sustainable, equitable, and prosperous world."

ACC convened a judging panel made up of external sustainability leaders from academia, industry, nonprofit and media sectors to review and select the award winners. The judging panel chose winning initiatives based on a range of factors, including the level of innovation the initiative demonstrated, the scope and reach of its impacts, and the extent to which it addresses priorities outlined in ACC's Sustainability Principles and the UN Sustainable Development Goals.

To learn more about DuPont's CITF program and other sustainability accomplishments, 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. 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.

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SOURCE DuPont

FAQ

What award did DuPont receive in 2024?

DuPont received the American Chemistry Council's 2024 Sustainability Leadership Award.

What is the Clear into the Future® program?

The Clear into the Future® program is DuPont's initiative that funds environmental projects addressing climate change, water stewardship, circular economy, and biodiversity protection.

How many projects did the CITF program fund in 2023?

In 2023, the CITF program funded 19 environmental projects in seven countries.

What are the key areas targeted by DuPont's CITF program?

The CITF program targets climate change adaptation, water stewardship, circular economy, and biodiversity protection.

How does the CITF program align with DuPont's sustainability goals?

The CITF program is integral to DuPont's 2030 Sustainability Goal of Building Thriving Communities.