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Dow Drives Social Impact in Global Communities Through Nine Collaborative Projects

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Dow (NYSE:DOW) has announced nine projects for its 2024 Business Impact Fund, including seven new initiatives and two continuity grants. The fund, in its ninth year, combines efforts of NGOs, nonprofits, Dow customers, and employees to address social and sustainability challenges globally. Projects span across Colombia, Kenya, Mexico, Türkiye, United States, Canada, Brazil, and South Africa, focusing on housing improvement, food security, community development, and environmental sustainability.

Since its 2016 launch, the Business Impact Fund has supported 65 projects across 23 countries with nearly $14 million in investments. Key achievements include creating over 2,000 jobs, recycling more than 13,600 metric tons of materials, avoiding over 36,000 MT of CO2 emissions, and diverting 9,500 MT of plastic from landfills.

Dow (NYSE:DOW) ha annunciato nove progetti per il suo Business Impact Fund del 2024, tra cui sette nuove iniziative e due sovvenzioni di continuità. Il fondo, giunto al suo nono anno, unisce gli sforzi di ONG, organizzazioni non profit, clienti Dow e dipendenti per affrontare le sfide sociali e di sostenibilità a livello globale. I progetti si estendono in Colombia, Kenya, Messico, Turchia, Stati Uniti, Canada, Brasile e Sudafrica, concentrandosi sul miglioramento dell'abitazione, sulla sicurezza alimentare, sullo sviluppo delle comunità e sulla sostenibilità ambientale.

Dalla sua lancio nel 2016, il Business Impact Fund ha supportato 65 progetti in 23 paesi con quasi 14 milioni di dollari in investimenti. I risultati chiave includono la creazione di oltre 2.000 posti di lavoro, il riciclo di oltre 13.600 tonnellate metriche di materiali, l'evitamento di oltre 36.000 MT di emissioni di CO2 e il dirottamento di 9.500 MT di plastica dalle discariche.

Dow (NYSE:DOW) ha anunciado nueve proyectos para su Fondo de Impacto Empresarial 2024, incluyendo siete nuevas iniciativas y dos subvenciones de continuidad. El fondo, en su noveno año, combina los esfuerzos de ONG, organizaciones sin fines de lucro, clientes de Dow y empleados para abordar desafíos sociales y de sostenibilidad a nivel global. Los proyectos abarcan Colombia, Kenia, México, Turquía, Estados Unidos, Canadá, Brasil y Sudáfrica, centrándose en la mejora de la vivienda, la seguridad alimentaria, el desarrollo comunitario y la sostenibilidad ambiental.

Desde su lanzamiento en 2016, el Fondo de Impacto Empresarial ha apoyado 65 proyectos en 23 países con casi 14 millones de dólares en inversiones. Los logros clave incluyen la creación de más de 2,000 empleos, el reciclaje de más de 13,600 toneladas métricas de materiales, la evitación de más de 36,000 MT de emisiones de CO2 y el desvío de 9,500 MT de plástico de los vertederos.

다우(Dow) (NYSE:DOW)는 2024 비즈니스 임팩트 펀드를 위해 아홉 개의 프로젝트를 발표했습니다. 여기에는 일곱 개의 새로운 이니셔티브와 두 개의 지속성 보조금이 포함됩니다. 이 펀드는 아홉 번째 해에 접어들며, NGO, 비영리조직, 다우 고객 및 직원들이 협력하여 전 세계의 사회적 및 지속 가능성 문제를 해결하기 위해 노력합니다. 프로젝트는 콜롬비아, 케냐, 멕시코, 터키, 미국, 캐나다, 브라질, 남아프리카 공화국에 걸쳐 있으며, 주거 개선, 식량 안전, 지역 사회 개발 및 환경 지속 가능성에 중점을 둡니다.

2016년 시작 이후 비즈니스 임팩트 펀드는 23개국에서 65개 프로젝트를 지원했으며, 투자액은 거의 1400만 달러에 달합니다. 주요 성과로는 2,000개 이상의 일자리 창출, 13,600톤 이상의 자재 재활용, 36,000MT 이상의 이산화탄소 배출 회피, 9,500MT의 플라스틱을 매립지에서 분리한 것이 포함됩니다.

Dow (NYSE:DOW) a annoncé neuf projets pour son Fonds d'Impact Commercial 2024, comprenant sept nouvelles initiatives et deux subventions de continuité. Le fonds, dans sa neuvième année, réunit les efforts des ONG, des organisations à but non lucratif, des clients de Dow et des employés pour répondre aux défis sociaux et de durabilité à l'échelle mondiale. Les projets s'étendent sur la Colombie, le Kenya, le Mexique, la Turquie, les États-Unis, le Canada, le Brésil et l'Afrique du Sud, en mettant l'accent sur l'amélioration du logement, la sécurité alimentaire, le développement communautaire et la durabilité environnementale.

Depuis son lancement en 2016, le Fonds d'Impact Commercial a soutenu 65 projets dans 23 pays avec près de 14 millions de dollars d'investissements. Les réalisations clés incluent la création de plus de 2 000 emplois, le recyclage de plus de 13 600 tonnes métriques de matériaux, l'évitement de plus de 36 000 MT d'émissions de CO2 et le détournement de 9 500 MT de plastique des décharges.

Dow (NYSE:DOW) hat neun Projekte für den Business Impact Fund 2024 angekündigt, darunter sieben neue Initiativen und zwei Fortführungszuschüsse. Der Fonds, der im neunten Jahr ist, vereint die Bemühungen von NGOs, gemeinnützigen Organisationen, Dow-Kunden und Mitarbeitern, um soziale und Nachhaltigkeitsherausforderungen weltweit anzugehen. Die Projekte erstrecken sich über Kolumbien, Kenia, Mexiko, Türkei, Vereinigte Staaten, Kanada, Brasilien und Südafrika und konzentrieren sich auf Wohnungsverbesserung, Ernährungssicherheit, Gemeindeentwicklung und Umwelt-Nachhaltigkeit.

Seit seiner Gründung im Jahr 2016 hat der Business Impact Fund 65 Projekte in 23 Ländern mit fast 14 Millionen Dollar in Investitionen unterstützt. Zu den wichtigsten Erfolgen gehören die Schaffung von über 2.000 Arbeitsplätzen, das Recycling von mehr als 13.600 metrischen Tonnen von Materialien, die Vermeidung von über 36.000 MT CO2-Emissionen und die Umleitung von 9.500 MT Kunststoff von Deponien.

Positive
  • Fund has created over 2,000 jobs since 2016
  • Achieved recycling of 13,600+ metric tons of materials
  • Avoided 36,000+ MT of CO2 emissions
  • Diverted 9,500+ MT of plastic from landfills
  • Total investment of nearly $14 million across 65 projects in 23 countries
Negative
  • None.
  • Selected projects are part of Dow's Business Impact Fund program

  • Since 2016, the Business Impact Fund has supported 65 projects in 23 countries

MIDLAND, MI / ACCESSWIRE / December 23, 2024 / Dow (NYSE:DOW) announced nine projects that will be supported through its 2024 Business Impact Fund. This annual fund, now in its ninth year, brings together NGOs, nonprofit organizations, Dow customers, and employees to help solve social or sustainability challenges within Dow communities around the world via creative, scalable solutions.

"A thriving community is a shared future," said Bob Plishka, global director of Strategic Corporate Partnerships and Dow Company Foundation president. "That's why, through the Business Impact Fund, we catalyze the immense passion of our people, and our technical expertise and resources alongside that of diverse partners to address issues like food waste, insufficient or unstable housing, and circularity. We see it as both our responsibility and privilege to help build healthy, safe and sustainable communities."

Two of this year's nine projects are a part of a new pilot program where projects from previous years are given additional funding via continuity grants. These grants will allow Dow and partners on the ground to continue to build upon the work already done to create even deeper positive impacts.

2024 Business Impact Fund Projects

New Projects

  • Colombia: Communities in Color - The Art of Revitalizing Sport Spaces - Alongside Pintuco and Fundación Pintuco, Dow is helping transform the quality and accessibility of sports facilities in Bogotá, Cartagena, and Medellín using low VOC, water-based paint solutions tailored for sports floors. The initiative will help instill sense of pride and belonging in residents, and inspire new generations to engage in sports to promote a healthy, safe lifestyle.

  • Colombia: Cooling 2 Feed - Food waste and food insecurity are major issues in Colombia, with 10 million tons of food going to waste every year and more than half of households not getting the food they need. Dow and key customers will bolster the efforts of local food banks, helping create new infrastructure for food donations, subsidizing food bank app memberships in addition to engaging in marketing campaigns to increase awareness, volunteers and donations. The project is expected help save 475 tons of food annually.

  • Kenya: Ujenzi Fiti, Kenya Affordable Houses - As population and urbanization continue to grow, demand for affordable housing in Kenya has increased and there is significant demand for skilled labor in the construction industry. To address these needs, Dow has partnered with NGOs Habitat for Humanity Kenya, ChildFund and Muguga Vocational Training Institution, along with our customer BASCO Kenya to co-create a value chain model, from Kenyans to Kenyans, for affordable, safer, and more sustainable houses. The project will construct four model affordable homes and two early childhood education (ECD) centers using locally sourced interlocking stabilized soil blocks (ISSBs) and Dow solutions through BASCO. These model constructions will serve as centers for training and development in affordable building and construction technologies.

  • Mexico: ReBuild: Foundations for the Future - In collaboration with Habitat for Humanity Mexico and CRDC Global, Dow, along with strategic customers will construct eight sustainable social houses for 50 indigenous Maya people in Chiapas, Mexico. These homes will be equipped with biodigesters, solar heaters, bathrooms featuring rainwater collectors, and wood-saving stoves. The construction will utilize concrete bricks reinforced with 5% of an eco-aggregate additive made from post-consumer plastic waste, which enhances the strength, flexibility, fire resistance, thermal, and acoustic properties of the concrete bricks. By recycling post-consumer plastic waste into valuable construction materials, Dow and its partners look for solutions to minimizing the environmental impact and adding value to recycled materials.

  • Türkiye: Painting Türkiye Bright Again - On February 6, 2023, Türkiye experienced a catastrophic earthquake, the strongest since 1668, leaving the country in dire need of construction and painting professionals to help in restoration efforts. This project will bring together key customers Betek (Nippon Paint) and NGO Ahbap Derneği to provide skilled training, employment opportunities and equip locals to become a key part of rebuilding their communities, especially in painting works.

  • United States: Project Alaska - Native Alaskans contend with poor indoor air quality, overcrowding, high energy costs and subpar insulation in their homes, which are not suited for the extreme climate. Dow, Michigan State University (MSU), and DAP will work alongside tribal governments to retrofit 20 homes with insulation and sealant advancements, improving the lives of up to 100 people. MSU's expertise in data collection and assessment will help Dow measure the energy efficiency and cost savings of the technology.

  • United States & Canada: Painting a Sustainable Future - This project aspires to revitalize over 150 homes and contribute to the reduction of more than 8.4 metric tons of CO2 emissions. With Habitat for Humanity and Dow's brand partners, Dow will leverage our newest and most sustainable architectural polymer technology to help bring 2,500 gallons of paint to the homes of families facing housing insecurity in the U.S. and Canada. With this project we also hope to influence the market on Dow's bio-based products for more sustainable coatings.

Continuity Grant Projects

  • Brazil: Project Ybá - Conservation that Transforms supports the local community in Breu Branco by promoting the commercialization of non-timber forest products (NTFPs), which helps conserve the Amazon Rainforest. Launch in May 2021, Project Yba is creating value through conservation, strengthening families, and driving social innovation in the region. With this continuity grant, Dow and NGO partner Instituto Peabiru will enhance work conditions, improve local facilities, and install additional resources.

  • South Africa: Empowering Oliver's Village - Since 2021, Dow has supported the sustainable agricultural efforts of local nonprofit Oliver's Village who for more than 20 years has provided food, potable water, childcare and education for more than 200,000 people annually. In 2024, Dow will continue this support by providing funding to enable Oliver's Village agricultural students to expand their skills and knowledge in growing their own vegetables in the organization's garden and selling them to the community.

Since launching in 2016, the Impact Fund has supported 65 projects in 23 countries totaling nearly $14 million in investments. To date, the Fund's projects have achieved the following outcomes:

  • >2,000 jobs created

  • >13,600 MT (metric tons) materials recycled

  • >36,000 MT of CO2 emissions avoided

  • >9,500 MT of plastic diverted from a landfill or environment

To learn more about Dow's Business Impact Fund and other Global Citizenship initiatives, visit https://corporate.dow.com/en-us/purpose-in-action/global-citizenship.html.

About Dow

Dow (NYSE:DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.

###

For further information, please contact:

Melissa Whitford
+1 989-301-6852
mwhitford@dow.com

Sarah Young
+1 989-638-6871
syoung3@dow.com

View additional multimedia and more ESG storytelling from DOW on 3blmedia.com.

Contact Info:
Spokesperson: DOW
Website: https://www.3blmedia.com/profiles/dow
Email: info@3blmedia.com

SOURCE: DOW



View the original press release on accesswire.com

FAQ

What are the key achievements of DOW's Business Impact Fund since 2016?

Since 2016, DOW's Business Impact Fund has created over 2,000 jobs, recycled 13,600+ MT of materials, avoided 36,000+ MT of CO2 emissions, and diverted 9,500+ MT of plastic from landfills, with nearly $14 million invested across 65 projects in 23 countries.

How many new projects did DOW announce for its 2024 Business Impact Fund?

DOW announced nine projects for 2024, including seven new initiatives and two continuity grants from previous years.

Which countries are included in DOW's 2024 Business Impact Fund projects?

The 2024 Business Impact Fund projects are located in Colombia, Kenya, Mexico, Türkiye, United States, Canada, Brazil, and South Africa.

What is the focus of DOW's Project Alaska in the United States?

Project Alaska aims to retrofit 20 Native Alaskan homes with insulation and sealant advancements to improve indoor air quality, energy efficiency, and living conditions for up to 100 people, in partnership with Michigan State University and DAP.

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