SWORDS, Ireland, June 27, 2024 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME’s inaugural rankings of the World’s Most Sustainable Companies. The list, published in collaboration with market research company Statista, celebrates companies who advance sustainable practices and promote corporate responsibility and social stewardship.

“It’s a tremendous honor to be included on TIME’s inaugural list of the World’s Most Sustainable companies,” said Paul Camuti, executive vice president and chief technology and sustainability officer, Trane Technologies. “Sustainability is at the center of our strategy and is integrated into every aspect of our business. The urgent need for climate action is clear and so is our purpose to boldly challenge what’s possible for a sustainable world.”

Through industry-leading action and innovation, Trane Technologies is decarbonizing buildings, industry and the cold chain and advancing its 2030 Sustainability Commitments, including the Gigaton Challenge, and its pledge to be net-zero by 2050. The company was also the first in its industry to have its near and long-term emissions reductions targets externally validated by the Science Based Targets Initiative (SBTi).

Broadly acknowledged for its industry-leading transparency, credibility and accountability, Trane Technologies has received several additional recognitions for climate action. The company was one of over 350 companies to be recognized with an ‘A’ score for transparency on climate change by CDP – out of over 21,000 companies scored. It was also named to the S&P Dow Jones Sustainability World Index for the third consecutive year and the North America Index for the thirteenth consecutive year. 
 

With its Opportunity for All commitment, Trane Technologies is taking action to uplift its culture and communities through an inclusive approach and focus on education and career development for everyone. Last year, the company achieved gender parity on our Board of Directors and donated $18.8 million to initiatives that support our corporate citizenship strategy, Sustainable Futures, which focuses on uplifting and supporting students from underrepresented communities throughout their educational journeys.

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About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit tranetechnologies.com.

This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2023, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

Originally published on GoDaddy Resource Library

Tell us a little bit about yourself and your career journey, here at GoDaddy.

I am Trish Brown, the Senior Global Recruiting Operations Manager here at GoDaddy. I joined GoDaddy in November of 2021 working with the Talent Acquisition Support Team where I managed the United States day-to-day operations of the candidate journey including interviewing and onboarding. Over the last few years, my role has expanded and I now support global recruiting operations including systems and processes.

What has been one of your proudest moments at the organization?

GoDaddy is a human-centric organization. Our leaders demonstrate a true sense of concern for the well-being of ourselves and every single employee. Last year, a member on my team and his family were impacted by a cyclone which caused major damage to their home including flooding and loss of power. Their personal belongings including major appliances and furniture were destroyed. Without hesitation, our Talent Acquisition leadership Team explored ways to support him and his family to help replace some of the items. I am proud to work for an organization that focuses on the individuals who are the heart of the company. When our teammates face adversity, I feel proud knowing that I work with an organization that provides resources to support those who are in need.

How do you contribute to fostering diversity and inclusion within your team?

Having a workplace environment that prioritizes diversity is critical for me. As a leader, I demonstrate the importance of diversity by leading by example and ensuring that everyone feels connected and included. In building a culture that embraces diversity, listening is critical. It is important for my team to feel comfortable expressing their ideas and concerns while feeling connected to the decisions that are being made.

If you had to describe GoDaddy’s culture in one word, what would it be and why?

I would describe GoDaddy’s culture as balanced. There is a sense of working hard and accountability but not at the sacrifice of your health and wellness. Our company offers flexible work schedules, a very generous paid time off benefit, and Wellness Days – a day where all employees have off and can dedicate time to relaxing, recharging, and practicing self-care.

Do you have any advice for someone who is interested in a career at GoDaddy?

I recommend someone interested in a career at GoDaddy to make your mark. Find what it is that you are good at and find a creative way to showcase those skills. I find that I am always learning at GoDaddy, and it is important to stay up to date on the latest trends and practices in my field.

What do you enjoy doing outside of work?

My free time is all about living, loving, and laughing. My husband of 31 years and I are the proud parents of 5 wonderful children and 14 amazing grandchildren. We are originally from Indiana and relocated to the Phoenix, Arizona area in 2015 where the weather is pleasant 75% of the time. We enjoy spending time with family and our new puppy ( Sasha Coco). We also like to check out local festivals, travel, and experiment with different cuisines in our outdoor kitchen. I appreciate music in a variety of ways, such as singing karaoke to my favorite tunes, dancing, or attending a live performance. Whenever possible, I enjoy any type of entertainment that offers a good laugh.

Are you enjoying this series and want to know more about life at GoDaddy? Check out our GoDaddy Life social pages! Follow us to meet our team, learn more about our culture (Teams, ERGs, Locations), careers, and so much more. You’re more than just your day job, so come propel your career with us.

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As the only international NGO focused exclusively on enabling private sector action for nature, WHC has convened professionals working at the intersection of business and nature since 1990. This post is a transcript of WHC President Margaret O’Gorman’s 2024 State of Corporate Conservation speech, presented in New Orleans at the 2024 WHC Conservation Conference on June 4, 2024.

Good afternoon, everyone. It’s great to see you all here — to see returning friends and colleagues as well as new faces, It’s great to see everyone gathered here in New Orleans to celebrate and congregate for conservation, biodiversity, wildlife, nature. 

I’d like to start today’s address with an observation by my grandmother who, as chance would have it, was also named Margaret. My grandmother lived to be 101 years old. At some stage in the last few years of her life, I had the opportunity to ask her what, over her long lifetime on earth, was the biggest change she had experienced. 

She could have responded politically by pointing out that at the age of 37, she witnessed her country emerge from centuries of colonial oppression to become a republic. She could have responded practically by talking about how the telephone arrived in her home in the 1960s when she was married and bringing up her family — her phone number was 61 — or she could have responded flippantly and mentioned women wearing trousers, something she never did once in her life. 

But instead, she responded philosophically saying that the biggest change she had seen in her long and full life was in the decreasing availability of time. She said over her life, people seemed to have a lot more things but a lot less time. In her world, in her experience, time had become a scarce commodity. In the early to mid-20th century, everyone visited. They stopped to chat, drink tea, play cards, catch up. By the late 20th century and the beginning of the 21st, people now just popped in to check in, saying “No, thanks” on the tea,” explaining that they just didn’t have time. My grandmother wondered, quite rightly, where had the time disappeared to, and how it was being spent differently to when she was younger. 

I’ve had occasion to reflect on her observation over the years, and when I find myself rushing from task to task, I remind myself of what she said. And recently, when I think about nature and the work we do, I remind myself of not so much how much time there was when my grandmother was a young person, but also how much more nature there was when she was a young person. And I think about how the two are intrinsically linked — time and loss and recovery of nature. 

On the one hand, time is our friend. Time makes our outcomes better: Well-designed conservation programs deliver greater impacts over time. Time makes our relationships stronger: When we work with the same people and the same companies for decades, we develop deep and trusting relationships. Time helps us get smarter: We acquire more knowledge and experiences, which in turn helps us design better programs and experience better impacts. 

On the other hand, time is our enemy. Nature continues to decline over time — the goal to create a nature-positive world by 2030 leaves us with only 5 ½ years left to reverse decades of nature going in the wrong direction.

It’s not going to be easy to turn the tide for nature, but WHC’s community of corporate conservationists can show how it can be done, one program after another. Our 35+ years of experience has created an ecosystem of action and impact that we should be proud of. 

In future years, we hope to expand this ecosystem of action and impact as we move forward with the organizational change, that some of you may know about — it’s an organizational combination, a merger, that we are currently undergoing with the World Environment Center. In a community where shiny new nature-based and sustainability-focused non-profits appear in numbers that rival cicadas during a periodic emergence, the combination of WHC and World Environment Center will see two non-profits with a collective 80 years of experience coming together to consolidate operations, pool respective strengths, leverage long legacies of success to deliver best-in-class thought leadership, technical and strategic support, education and capacity building to support company’s ambitions for nature, water, climate and social impact. We’re bringing our resources together to advance the change we need. 

We’re very excited about this combination and look forward to creating an international business-focused NGO that draws on a deep pool of past experiences to create a cascade of future-focused efforts to support the entire value chain. The combination will not change anything at the program level – we will still insist that Every Act of Conservation Matters™, and we will still stand ready to support and recognize your nature-based efforts whether through technical assistance for operations or strategic planning for corporate efforts. 

As we reflect on the time that WHC and WEC have been around — 35+ for WHC and 40+ for WEC — we can also reflect on those of our members that have been engaged with us all along. Michelle Oxlade from Covia pointed out to us last year that they have been members since 1989 — two years after our founding — with 21 programs certified with us starting in 1995. They have been members for 35 years, as have Vulcan Materials and WM. Members with slightly longer tenure, i.e. since the very beginning of WHC, include ExxonMobil, BP and DuPont, while in the 30 – 35 year range we have PPG, DTE, Bayer, Southern Nuclear and IBM. 

These members have stayed with us through corporate upheavals, economic ups and downs and changes internally to staff, ambition and engagement with biodiversity. Each one works with us in different ways, each has a different approach to creating uplift for nature, but each has remained steadfast and consistent in maintaining some engagement with biodiversity for 30 years or more. 

And consistency is what it is all about. It’s only through consistent and adaptive management that we can deliver impact for nature. A conservation program in its first year will have some positive impact on biodiversity, whether attracting pollinators to a newly native garden, allowing a meadow to self-seed, setting aside land in permanent protection or even putting in place policies to stop poaching. All have an initial and important impact, but it’s in the subsequent years with adaptive management that we can return better and better results: more plants, more pollinators, more habitats on protected lands, more species not being poached. Over time, conservation results, like interest, compound. When we look across WHC’s portfolio of certified programs from the two programs first certified in 1990 and still actively managed and certified today to 2024’s cohort of 25 newly certified programs — when we look across all 625 programs worldwide, we find that on average, program scores increase the longer a program has been certified, showing that time returns better outcomes. 

Better outcomes are critically necessary because acting on the biodiversity crisis with projects that restore habitats and species, reclaim degraded land for nature and transform highly managed lands from biodiversity deserts to oases of life and color is what we need to do to reverse the decades of loss and move towards the nature-positive future we all want and, to be frank, we all need. 

One of the best things about this conference is that we get to celebrate, showcase and learn about the programs that are contributing to turning the tide on biodiversity loss. We get to hear about and be inspired by newly certified programs, recently renewed certifications and from efforts by our partners and friends. 

Every year we receive applications adopting interesting approaches, and this year we’ve noticed that technology is playing a bigger role than ever before in program management and monitoring. OPG’s Western Waste Management Facility program on Lake Huron is using pre-programmed flight patterns for their unmanned aerial vehicles — drones — to monitor the invasive phragmites on-site and then using the data to manage the phragmites in a systemic way, while Anglo American is using heat mapping to direct its irrigation of its newly certified reforestation program in Peru. 

Technology to support efforts to enhance, restore, monitor and measure biodiversity is a growing field — called NatureTech. A report released last year from Nature4Climate showed that Venture Capital investments in NatureTech has increased by 130% between 2020 and 2022, and in the last five years, accumulated VC investments in nature tech startups totaled $7.5 billion. This amount is still a fraction of what’s known as ClimateTech and other technology subgenres, but that it is now considered an investment category in its own right suggests a maturing market, which in turn suggests that there is a robust customer base for these types of innovations. 

But, beyond technology, good old-fashioned ecological work on ecosystems remains key, and this year we reviewed some interesting restoration programs on of significant ecosystems and species. Anglo American’s newly certified program this year is in the high mountain semi-arid region of Peru. This region is home to forests dominated by Polylepis species, which have been listed by IUCN as threatened. Polylepis forests are mainly found on steep and less accessible valley slopes and have increasingly suffered from habitat loss and fragmentation. It is estimated that in Peru, Polylepis forests cover only 4% of their original distribution. Anglo American has committed to voluntarily protecting and restoring a 100-hectare Polylepis forest located within its operational boundary at Alto Asana. To achieve this, they’ve established a native plant nursery to supply the reforestation effort. 

On the other side of the world, long term partner/member Freeport McMoRan’s PTFI program continues to deliver biodiversity benefit intertwined with social impact but this year, our Cert team and reviewers were struck by an effort that has scientific significance as well as ecological significance, which is the research project on the singing dog population on Papua. From Freeport’s Anne George and her colleague Kukuh Kusuma, we learned that the Papua singing dog, also known as the highland wild dog, is the rarest and most ancient canid in the world. Thought to have been extinct in the wild, they were only identified as recently as 2020, and the research team is trying to gain a greater understanding of the population of wild dogs found in the Grasberg mining area — studying the population with camera traps and radio collars, tissue collection, etc. and engaging and educating the community about the local population. One theory for their recent re-sighting is that the reclamation work at the mine that expanded the dogs’ habitat, with over 470 hectares of connectivity that allow for movement, provide shelter, food and breeding areas. 

The singing dogs have a strong relationship with the indigenous people in the region who hold traditional knowledge about the species, its needs and its habitats. Some tribes believe the dog is their ancestor. Such knowledge is being integrated into the study, which is a trend we are seeing across conservation as more and more, indigenous and local knowledge is being given consideration and integrated into practice. And this knowledge is not only with tribes in remote regions like Grasberg — there is much such indigenous and local knowledge here in the U.S. if we take the time to find it. 

I was recently at a meeting in Monterey California with the USGS, and members of the Rumsen Ohlone tribe talked about the importance of specific reeds to traditional basket making which had vanished from practice by the tribe. They spoke eloquently of reverse engineering from old baskets to identify the sedge used in the basketry and then finding the reed beds where they could collect the sedge. This is a small example of a connection between a community and nature centered on local and traditional knowledge. 

Another interesting intersection between community and nature was seen in an application from Oxy’s Glenn Springs Holding company, where they described the decision to transfer management of some areas of the Copper Basin restoration project in Ducktown, Tennessee, to the Ducktown Basin Museum, a community not-for profit. The museum will manage the site and install public hiking and interpretive trails. The museum has pledged to continue to partner with Glenn Springs Holding to control invasive species along the trails for access, aesthetics, visibility and wildlife habitat in support of this program’s Gold certification. 

I know that our work is not all “singing dogs,” museum partnerships or NatureTech. Not every program can be unique or innovative — our mantra “every act of conservation matters” still guides us all, and this inclusive approach results in real impact on the ground as can be seen through our certification numbers this year. Because of you, the people in this room, WHC has currently certified 623 programs containing over 1,600 projects across 18 countries. This past year we saw 274 successful program applications including 25 brand new applications. And, just as an FYI, Vulcan has already submitted applications for the 2024 deadline, and as Doreen Tadde, who many of you know, said, “This is the type of gungho-ness we like to see.” Thank you, Vulcan, for our making our Cert team’s life a little easier! 

This year, we have recognized our second program on distillery lands with a new certification for Bacardi-Martini at the Bombay Sapphire Distillery in the U.K. CalPortland has joined our building materials colleagues with two brand new certifications in California — we hope there are more to come — and Cemex continues to grow its number of certified programs to 35 with the addition of three new sites this year, two in Mexico and one in the Dominican Republic that received Silver level certification with only two projects working with a local partner to restore and manage a 741-acre wetland complex called Laguna de Los Cangrejos. 

Our top three companies in terms of numbers of certified programs are WM with 164 certified programs with Bucks County Land Fill, its longest continually certified program since 2001 and currently certified Gold, Constellation has 68 certified programs and Cemex coming close behind with 66 certified programs. Now, it’s not the number of programs that’s most important — it’s the quality of those programs that’s key. At the heart of every application, the question we ask is simple: Is your program delivering uplift for nature because it is designed with an appropriate conservation objective in mind and implemented with the best practices to deliver on the goal? 

And because we like to incentivize performance, we also ask: Is your program designed to deliver exceptional impact for nature? Two first-year certified programs this year were designed and implemented to deliver exceptional impact. At Johnson and Johnson, Warsaw Indiana, the team worked with WHC technical staff to find out where their existing program that had been on the ground for a while could improve, and thanks to the gap analysis we delivered — and the fact that the team followed our advice — the program is now newly certified Gold and is up for a pollinator award this year. 

Another newly certified program that achieved gold is a place I always thought had potential for nature. When I lived in New Jersey, I would find myself often on Route 1 in the Princeton area and passing this heavily manicured office park called Carnegie Center. Every time I passed it, I thought about its potential. About the hundreds of acres of mown grass and about how much that land could deliver for nature if it was managed with imagination and a focus on biodiversity instead of for a look that I like to call corporate pastoralism, which we’ve all come to expect in such office park. So, all these years later, I was thrilled to find the Carnegie Center on the list of newly certified programs. 

Its appearance on the list of newly certified programs was not a result of my wishful thinking, but the result of George Cella, the property manager who saw the potential for nature, and Kennedy Jenks, tenants at Carnegie Center, who advised and supported his efforts. It’s now certified Gold and shows that the prevailing narrative of what corporate landscapes should look like is not an eternal one. Imagine the impact if every office park had a George Cella and engaged tenants! 

The Carnegie Center’s application, operating in a landscaped habitat, is the most common project types submitted as part of an application this past year. Grasslands habitat comes in close second. In species projects, avian projects are the most commonly submitted, giving credence to the idea of birds as both a gateway species to greater engagement with nature and a keystone species whose presence can indicate health of an ecosystem. The high number of avian projects also speaks to the fact that almost every habitat type we work with can support bird species, both common and rare and that birds, by their very mobile nature are definitely “build it and they will come” types. 

Another “build it and they will come” approach that we are seeing a great interest in is in microforests — these lovely little forests, sometimes the size of a tennis court, are perfect for the industrial lands we work with and are a great way to get employee and community engagement for a short, impactful period of time. These forests are small, but because of the mixture of plants and the density with which they are planted, they provide faster ROI in terms of growing and reaching maturity to support other species. Studies have shown that diversity of plant species supports greater diversities of wildlife and that dense plantings can crowd out invasives more effectively than not. These microforests work well in places that are not wilderness areas, protected areas or key biodiversity areas, work well with the lands available to us and work well in places with people and industry and impact. They work well because they focus not just on rare species but also on keeping common species common for all. 

Whether it’s the Carnegie Center’s efforts, the microforests at WM’s Harlem River Yard Transfer Station, the meadows at Kinder Morgan’s Elizabeth River terminal, the bat hibernacula at CRH’s Montpelier quarry reclamation site, the programs we review and certify every year are redefining how a workplace can exist in harmony with nature. Each program eats away at a belief that nature’s place is elsewhere. 

Of course, at the heart of this believe and in an echo of our expectation of corporate pastoralism, is our addiction to lawns — these monocultures support little to no life and require enormous amounts of effort and inputs to maintain. Some estimates in the United States suggest that lawns cover 10 to 16 million hectares, which is more than the combined land used to grow barley, cotton and rice. Imagine taking 50% of these hectares and converting to habitats that can deliver benefit for biodiversity. Imagine the money we would save from not having to maintain in such an intensive way, the water we would save from not having to irrigate in dry climates, the energy we would personally save from fewer mowers and other power tools and the time we would save from not having weekends centered around lawn maintenance. And finally, imagine the biodiversity we could cause to blossom by designing our spaces for nature. 

It’s a novel idea to think about a 50% reduction in lawn across our landscapes, but it is possible. And to be bold, a goal of 85% reduction could be adopted — Toyota North America has done that. For the third year in a row, Toyota has worked with us to identify opportunities to convert manicured lawns at its manufacturing centers across North America to meet a goal in its environmental action plan to convert 85% of manicured areas to more natural habitat for native wildlife. If we all adopted Toyota’s lofty goal, that could be 13 million more hectares managed for biodiversity. Can you commit today to reducing lawn cover at home or at your place of work by 85% — maybe start with 50% over this next year? 

Now, I’m no expert but on exactly how to achieve this goal but lucky for you, we have plenty of people attending conference giving panel presentations and available over the course of the next two days to help you. Some in the audience will remember Doug Tallamy, who gave a wonderful keynote at our conference a few years ago. He has returned to us this year to talk about his campaign to bring nature back to backyards. It’s called Homegrown National Park, and he will be joined by Shubber Ali, whose Garden for Wildlife platform seeks to make it easier to bring nature to backyards and Damon Abdi from Louisiana State University. They’re all in a panel about the benefits of native plants and growing healthy places for people to be facilitated by our own Savanna Delise. 

Also focused on building healthy futures, was our keynote speaker from Thrive New Orleans, Chuck Morse this morning — I hope you enjoyed his informative talk advancing new systems for economic opportunity, climate resiliency, and community stability across the city. It’s tough to follow a speaker who is also a pastor. And we’ve another great keynote speaker tomorrow. If there are any weather nerds in the audience, and who is not at some level, a weather nerd, make sure you check out our speaker tomorrow. He will be a real treat. Matthew Cappucci is an award-winning meteorologist who is the cheerful voice of the Capital Weather Gang that delivers forecasts in Washington metro region. Matthew is a stormchaser who can be seen all over the U.S. in his work for MyRadar, and most recently, was all across the great plains collecting giant hail and looking for super cells. So, however many hurricanes you have tonight, make sure you turn up tomorrow to learn about tornadoes. Matthew is a passionate advocate for taking the time to stop and look up in this world. This is the type of guy my grandmother would appreciate — someone who takes the time to pause and look around while also being very busy and productive. 

Over the next two days, we’re taking the time to pause, to recognize and reflect on the work that we have all done — over the next two days, you will have the opportunity to learn from your peers and from experts in the world of business and nature in a diverse selection of sessions curated expertly by our conference team from what was, this year, a record number of submissions. You can learn about native plants or nature tech. You can sit in a session about reclamation or nature-based solutions on operations lands. You can learn from experts about engaging employees in conservation action. Sessions about effective communications, measuring biodiversity, nature-positive journeys and urban forestry are all on tap today and tomorrow, including a session about conservation happening here in New Orleans and the region. 

When we started to move our conference to different locations after the pandemic, we realized that we have a great opportunity to showcase local conservation efforts, and tomorrow, we are so excited and pleased to showcase four stories from New Orleans and Louisiana. And to add to the local flavor, with its return for the third year running, our Makers’ Pavilion makes space for local independent artists and artisans representing the best of the Big Easy. I know I always find some really great gifts and pieces at our Makers’ Pavilion, and I am sure you will too. Our exhibitors are here to provide you with expert advice and guidance on the services they offer, so please make sure to stop by and engage. 

And, of course, our time together will also be enlivened by our awards program. This year we are presenting 23 project awards, the three big awards — for Employee Engagement, Corporate Conservation Leadership and Gold Program of the Year, and as well as our Ibis Award that recognizes programs that have overcome significant challenges. And yes, our Spirit Award is back for the team whose creativity and focus on fun impresses the judges at our dinner on Wednesday night. Remember to bring your team spirit. 

This time of year, as we prepare for and attend conference, is WHC’s time to reflect on our work over the last 12 months — work we have done for our members but most importantly, work we have done with our members. In the past 12 months, we have published four white papers, which have used your programs as case studies to illustrate topics as diverse as nature-based solutions for pollution prevention, the nature-positive journey, one on avian conservation and one on reptile and amphibian conservation projects. We couldn’t write these white papers without your work, so thank you for having great programs that we can share across our community and beyond. 

Your work has also informed our webinar series — this past 12 months, we hosted 11 webinars, reaching over 2,000 people who either viewed live or watched the recording afterwards. The webinars have been getting very creative recently. We welcomed Josh Hydeman, an award-winning conservation photographer, to talk to us about photographing bats; WHC staff took to their kitchens to present tasty menus made with invasive species; and, following the success of our bug hotel challenge, we launched a new building challenge called Create the Ideal Avian Abode, which is open for submissions through November 1 of this year. These webinars and all others are all available for anyone to see on our website. 

These webinars are so important because they serve to inspire, and webinars like the photography one reminds us in a very visual way, why we are doing what we are doing, reminding us that all of our efforts, whether in educating, certifying or implementing, are in the service of a greater goal – to help recover what we have lost. Our goal is, in some ways, to help turn back time. 

And all evidence points to the fact that we need to do it as a matter of urgency. The global conservation NGO, the World Wildlife Fund publishes the Living Planet Index. This report shows the annual rate of change in animal population size across the globe. It’s published every two years and is an important record, an important document of our declining world. The most recent index finds that that globally, monitored populations of birds, mammals, fish, reptiles and amphibians have declined in abundance by 69% on average between 1970 and 2016, and in that global average is hidden the fact that in some regions of the world like Latin America and the Caribbean, species have declined in abundance by close to 90% or more. 

A report by the American Bird Conservancy has found 2.9 billion fewer birds in our skies than there were in 1970. This study brought together 48 years of data from multiple sources like the backyard bird count and the Christmas Day bird count — all events that WHC members participate in and submit data to — but 2.9 billion birds lost is a number that is very difficult to fathom. For a single species, it’s no easier to understand the numbers — the ABC’s report tells us that the dark-eyed junco, a little sparrow that lives across the temperate regions of the USA and Canada, has lost an incredible 175 million individuals from its population, while its cousin the white-throated sparrow has lost 93 million. 

I talk a lot about this loss of species, the loss of color and the loss of sound from our environment — and I talk about the loss of habitat. I recently read an interesting observation that we shouldn’t call it habitat loss. The author Kate Bradbur, writing in The Guardian newspaper about the destruction of an entire family of hedgehogs in favor of a parking lot, says, “We cry habitat loss, but it’s theft really — no species is so careless as to lose their homes.” Sometimes, I hesitate to talk about these losses or thefts because it makes me sad, and it should make us all sad. I learned the term to describe this feeling of sadness at the loss of nature recently — solastalgia. 

Solastalgia is sadness caused by negative environmental change that has happened — the loss of nature, the degradation of ecosystems, etc. It’s kin to a term you may also know: ecoanxiety, which is focused on future loss and degradation. But solastalgia is all about what we once had and what we no longer have, and the sadness that is in the distance between the two situations. 

This distance can’t be measured in feet, inches or miles. It can only be measured in time. As Tennessee Williams, the great dramatist who once lived and wrote in New Orleans, said, “Time is the longest distance between two places.” And solastalgia is the way we mark that time and distance. 

If we think about 69% of biodiversity disappearing since the 1970s, it means that people who were born in the 21st century are experiencing an entirely different world, a nature-poor world, and they may not know what they are missing . They won’t feel solastalgia the way those of us born in the mid to late 20th century do. Someone who has never experienced nature richness can only mourn its loss in the abstract. This could be a good thing in terms of emotional health and well-being, but the further we travel from a nature-rich past, and the lower the likelihood of solastalgia, the harder it will become to bridge the distance back. In this instance, time is not our friend. 

The generations that were born and lived in nature-rich times must convince the generations that were born under nature-poor circumstances that they should seek a future from the past, to a time when there will be 175 million more dark-eyed juncos, 93 million more white-throated sparrows, and achieve other nature goals like 20,000 more right whales, four million more acres of restored forests and over 1/2 million square miles of lands protected or managed for nature, in the USA alone. 

We need to build a bridge across time with conservation action. We need to make sure that the generations that are taking up the challenge to return nature to its past vibrancy can see to the other side of the bridge and what is possible. We build this bridge through the work we do, the plans we hatch, the programs we recognize and the stories we share, from the successes and failures we encounter. 

Building this bridge between what was and what will be may seem like a mammoth task — in fact, it is a mammoth task. But we build the bridge one conservation action at a time, one project, one program, one strategy, one microforest, one pollinator garden. This approach of breaking down mammoth tasks into single actions was encapsulated beautifully in a book called Bird by Bird by Anne Lamott. The author tells the story of her kid brother, in tears of frustration sitting at their kitchen table with an unstarted assignment to write an essay in the birds of America due the next day. He had a blank page, a word count due and a massive task ahead. Seeing his mounting panic, his father calmed him saying, “Bird by bird. Just do it bird by bird.” That’s how we build our bridge to a nature-rich future — bird by bird, forest by forest, wetland by wetland. 

And the great thing about this approach is that — breaking news — conservation action works. In a recent paper published in the journal Science, a group of authors set out to better understand the outcomes of conservation actions and whether such actions actually contribute to the halt and reversal of biodiversity loss. In a global meta-analysis of conservation projects, they found that in 75% of cases, conservation improved the state of biodiversity or slowed declines. The study found that interventions targeted at species and ecosystems, such as invasive species control, habitat loss reduction and restoration and protected areas management are highly effective. Some may say that Captain Obvious wrote that paper, but it can be good to get science on our side when we’re pressing the cause of conservation action. This is the sort of research results that we love to read because it validates our efforts and makes us feel part of a crew whose individual efforts make a collective impact. 

This approach of working together in many different ways is, in my opinion, what makes WHC and its membership unique. And we embrace a diversity of approaches, we acknowledge that every act matters and we create a nature connection from the corporate office to the site of operations. 

While WHC has deep roots at operations, we are increasingly working with corporate and group offices. Over the past year, we have seen a continued increase in interest in the new frameworks for reporting and disclosing nature impacts. We have framed this work as a nature journey for companies and have helped companies at different points of their journeys. Some companies like Johnson & Johnson do their own analysis as to their engagement with the frameworks and came to us for validation, while others like Chemours seek our support up front to assess what they needed to do to get ready to align and report. There are many prescriptions out there about how to develop and implement a nature strategy but, in our experience, over three-plus decades, we know that each company’s journey is different. 

We found that especially to be true when we hosted a group of corporate-level nature and nature-adjacent professionals at our Business and Nature Summit last November. This summit was designed to provide those building a nature strategy with a primer on the ever-changing world of nature-related frameworks like TNFD, SBTN, Nature 100 and GRI and an opportunity to exchange thoughts on the challenges they face moving this work up and down the corporate hierarchy. The conversation was rich and focused a lot on connecting site-based work to corporate needs, on wrapping strategies around actions that were already happening and on making sure that the operations remained supported and engaged in action. 

This year, we hope to convene some of these same people again, not at our Business and Nature Summit but at the global meeting for biodiversity that is happening in Cali, Colombia, in October. This meeting, COP16, is the bi-annual gathering of countries coming together this year, and it’s a good time to remind the decision makers that companies have a role to play in reaching the targets of the Global Biodiversity Framework. So, WHC will be bringing a delegation of members to Cali to showcase their work in different events across the meeting. One of our showcase opportunities will be in work our Rob Campbell is doing on a multi-national publication about positive incentives for biodiversity restoration using case studies from WHC members to show that action is possible. 

With our members this year, we have spurred a lot of meaningful action — over the course of the past year, WHC Consulting has visited 235 corporate locations to support work to develop, maintain or grow a corporate conservation program. In addition, the consulting team worked in-depth with 64 companies to deliver support in the form of conservation assessments, custom conservation trainings, tree plantings, writing guides and toolkits for specific site use, creating habitat and species guidance documents, delivering biodiversity management plans and supporting company-wide nature-related signature initiatives. 

This year, Shell USA and Penske supported us to develop a biodiversity guide which will be distributed to Indy race venues across the country. This is a great example of promoting nature in non-traditional places. Toyota asked us to develop planting lists for nature playgrounds at several of their on-site childcare centers this year. These lists include sensory-friendly native plants — ones that feel interesting, sound interesting and look interesting. This is a great example of thinking outside the traditional landscaping box and deploying nature in play. 

Our Social Impacts team also worked on deploying nature in play by installing a natural playground in southeastern Michigan this year while also overseeing the planting of 120 trees in industrial landscapes in Michigan, Arizona and Texas and initiating a new program funded by the EPA to deploy 84 air quality sensors in highly impacted communities in Michigan and Illinois. Working in Port Arthur Texas with Energy Transfer, the Social Impact team discovered yet another benefit of urban forestry — to mitigate the increased lightning strikes caused by the urban heat island effect. 

Urban heat islands, as Chuck Morse mentioned, exist where cities experience temperatures up to 7 degrees Fahrenheit hotter than the surrounding countryside. This is caused by the absence of natural surfaces like trees and soils that can absorb the heat. Urban heat islands seriously compromise human health. One of the effects of urban heat islands is increased lightning strikes due to increased temperature contrasts. Urban forestry contributed to lowering temperatures in urban heat islands which can in turn reduce lightning strikes, so it’s not a stretch to say that trees protect us from lightning — the benefits of urban forests just keep stacking up. 

We’re always learning new things at WHC, and I hope you learn new things over the next couple of days. But as you do, I want you think about what side of the bridge you are on? If you were born before 1970, and there are a few of us here who were, your job is to acknowledge and communicate that you came into a nature-rich world and to use your resources, your wisdom and your power — also any super powers you may have — to create the enabling conditions for those in the room who were not born into an environment of rich and abundant nature to build back so that those who are yet to be born get to experience the juncos, the sparrows, the forests and lakes in ways that have almost been forgotten.

Together we’ll take the time, and we’ll do it bird by bird. We’ll convert our lawns to meadows, plant forests to alleviate lightning, research singing dogs, develop corporate nature strategies and engage and educate those around us in the effort. We’ll start today. Because, as the ever-quotable Ben Franklin said, “You may delay, but time will not.” 

Thank you.

For more than 30 years, WHC (Wildlife Habitat Council) has been convening professionals working at the intersection of business and biodiversity. As the only international non-profit enabling private sector action for nature, WHC recognizes the importance of partnership and collaboration to facilitate effective conservation efforts worldwide.

The annual WHC Conservation Conference provides the opportunity for corporate professionals and partners working in the nature space to make valuable connections, learn from each other and celebrate the successes of the past year. Previously hosted in Baltimore, Maryland, and Detroit, Michigan, the 2024 WHC Conservation Conference was held for the first time in New Orleans, Louisiana — a city rich with culture as well as groundbreaking conservation efforts to support climate change mitigation, green infrastructure integration and community involvement in sustainability efforts.

Keynote speakers inspiring action

Matthew Cappucci, stormchaser, meteorologist and author of Looking Up: The True Adventures of a Storm-Chasing Weather Nerd, treated attendees to a captivating multimedia presentation in which he traced his career journey from his interest in weather at an early age to becoming his high school’s de facto weatherman to unexpectedly forging a college program. True to his fame as a stormchaser, Cappucci shared videos from his experiences that practically put the audience into the middle of extreme storms. His discussion of his educational experience reinforced the critical nature of accessible STEM education, with corporate audience members taking home the message that today’s students are tomorrow’s trailblazers in science and sustainability.

To illustrate the vast nature of conservation work happening in the New Orleans area, Chuck Morse, Executive Director of Thrive New Orleans, opened the conference with a keynote presentation expounding on the social, environmental and economic impacts of on-the-ground conservation work, as exemplified in New Orleans. Thrive was developed post-Hurricane Katrina to restore neighborhoods for community members returning to the city in the wake of the storm. Morse shared how workforce development is key for Thrive’s environmental efforts, by empowering community members to access career paths in sustainability. “Progress moves at the speed of trust,” Morse explained, emphasizing the importance of engaging with community wisdom when developing wide-reaching conservation plans.

Adding to the conference’s slate of expert speakers was WHC President Margaret O’Gorman, who presented her annual State of Corporate Conservation address reflecting on the value of time when it comes to conservation efforts. In her address, O’Gorman recounted memorable conservation stories from members over the past year, such as Ontario Power Generation’s innovative use of drone imagery to monitor invasive species and the discovery of the New Guinea singing dog at a Freeport-McMoRan site in Indonesia. She also recognized the long-standing tenure of WHC members Covia, Vulcan Materials and WM, all marking 35 years of membership.

Galvanizing corporate and community support to meet Louisiana-specific needs

Continuing to make the most of this year’s host location, a panel comprised of representatives from several Louisiana organizations convened to discuss how collaborative partnerships are benefitting the region’s specific needs. Traci Birch, Associate Director of the LSU Coastal Ecosystem Design Studio, facilitated the discussion, which touched on exacerbated climate change impacts and the sheer amount of port-based commerce happening in the state. Two major themes reiterated by members of the panel were the need to build resilient infrastructure and the crucial involvement of community partners to make a positive impact.

Davie Breaux, Deputy Port Director of Port Fourchon, shared examples of green infrastructure and wetlands restoration contributing to the region’s resilience, as well as the value of partnerships for efforts such as emissions monitoring. Susannah Burley, Founder and Executive Director of Sustaining Our Urban Landscape (SOUL) traced how the original creation of New Orleans led to massive deforestation. Burley explained that New Orleans’ tree canopy percentage ranks the lowest of eight nearby cities, and since the city’s low-lying coastal location makes it more susceptible to climate change impacts, reforestation is a crucial need. Chuck Morse of Thrive NOLA returned to further discuss the importance of community engagement.

Supporting women working in the corporate conservation space

WHC Conservation Conference 2024 included the inaugural in-person meeting of Elevate, sponsored by CRH, WHC’s professional network for women working in business and nature. Elevate, formed earlier this year, aims to support women in sustainability roles by facilitating open forums of discussion, providing mentorship opportunities and bringing women together to address the challenges and embrace the opportunities of working in the corporate conservation space.

Chris May, SVP, Safety, Health & Environment of CRH Americas and Livonia Mitchell, VP of Engagement and Impact at CRH, participated in a question-and-answer session facilitated by WHC Chief Science and Innovation Officer Anna Willingshofer. The women shared insights into navigating male-dominated fields, finding mentors, dealing with imposter syndrome and more. Following this engaging Q&A, members of Elevate had the chance to network in person for the first time since the group’s formation, forming connections that will only help to strengthen the impact of women working in sustainability.

Recognizing and celebrating conservation successes

Throughout the two days of WHC Conservation Conference, individual corporate conservation projects were honored with the WHC Awards, which recognize stellar examples of conservation — from species protection to landscape restoration to community education and engagement and more. Around the U.S. and around the world, the 2024 WHC Award winners exemplify WHC’s belief that Every act of conservation matters®.

This year’s Conference closed with the always lively WHC Awards Dinner, at which the event’s sponsors were recognized and the winners of the final WHC Awards were announced. In addition to the presentation of the Corporate Conservation Leadership Award to WM, the Gold Program of the Year Award to WM’s El Sobrante Landfill and Wildlife Preserve, and the Employee Engagement Award to Freeport-McMoRan, the winner of the Ibis Award was also announced. Named for the bird that is often credited as the last to leave before a storm and the first to return, this honor recognizes a conservation program’s resilience in the face of unexpected challenges. This year, Occidental Petroleum Corporation’s Belle site won the Ibis Award. After refocusing employee efforts on legacy clean-up efforts, the Belle team engaged help from the community to support the program’s avian monitoring efforts, allowing them to achieve WHC Certification again after 13 years.

Companies’ pride in their accomplishments is always evident at the WHC Awards Dinner, with attendees bringing festive noisemakers, New Orleans-themed costume pieces and intricate table decorations to show their team spirit — and bid for the WHC Spirit Award. This year, the competition for this award was so fierce that it ended in a tie, with Summit Materials and Freeport-McMoRan bringing home the honor. It was a fitting end to an event focusing on the importance of collective action and celebrating the accomplishments of dedicated corporations — and attendees left New Orleans feeling energized, enlightened and excited to meet again for WHC Conservation Conference 2025 in Detroit, Michigan.

For more than 30 years, WHC (Wildlife Habitat Council) has been convening professionals working at the intersection of business and biodiversity. As the only international non-profit enabling private sector action for nature, WHC recognizes the importance of partnership and collaboration to facilitate effective conservation efforts worldwide.

The annual WHC Conservation Conference provides the opportunity for corporate professionals and partners working in the nature space to make valuable connections, learn from each other and celebrate the successes of the past year. Previously hosted in Baltimore, Maryland, and Detroit, Michigan, the 2024 WHC Conservation Conference was held for the first time in New Orleans, Louisiana — a city rich with culture as well as groundbreaking conservation efforts to support climate change mitigation, green infrastructure integration and community involvement in sustainability efforts.

Keynote speakers inspiring action

Matthew Cappucci, stormchaser, meteorologist and author of Looking Up: The True Adventures of a Storm-Chasing Weather Nerd, treated attendees to a captivating multimedia presentation in which he traced his career journey from his interest in weather at an early age to becoming his high school’s de facto weatherman to unexpectedly forging a college program. True to his fame as a stormchaser, Cappucci shared videos from his experiences that practically put the audience into the middle of extreme storms. His discussion of his educational experience reinforced the critical nature of accessible STEM education, with corporate audience members taking home the message that today’s students are tomorrow’s trailblazers in science and sustainability.

To illustrate the vast nature of conservation work happening in the New Orleans area, Chuck Morse, Executive Director of Thrive New Orleans, opened the conference with a keynote presentation expounding on the social, environmental and economic impacts of on-the-ground conservation work, as exemplified in New Orleans. Thrive was developed post-Hurricane Katrina to restore neighborhoods for community members returning to the city in the wake of the storm. Morse shared how workforce development is key for Thrive’s environmental efforts, by empowering community members to access career paths in sustainability. “Progress moves at the speed of trust,” Morse explained, emphasizing the importance of engaging with community wisdom when developing wide-reaching conservation plans.

Adding to the conference’s slate of expert speakers was WHC President Margaret O’Gorman, who presented her annual State of Corporate Conservation address reflecting on the value of time when it comes to conservation efforts. In her address, O’Gorman recounted memorable conservation stories from members over the past year, such as Ontario Power Generation’s innovative use of drone imagery to monitor invasive species and the discovery of the New Guinea singing dog at a Freeport-McMoRan site in Indonesia. She also recognized the long-standing tenure of WHC members Covia, Vulcan Materials and WM, all marking 35 years of membership.

Galvanizing corporate and community support to meet Louisiana-specific needs

Continuing to make the most of this year’s host location, a panel comprised of representatives from several Louisiana organizations convened to discuss how collaborative partnerships are benefitting the region’s specific needs. Traci Birch, Associate Director of the LSU Coastal Ecosystem Design Studio, facilitated the discussion, which touched on exacerbated climate change impacts and the sheer amount of port-based commerce happening in the state. Two major themes reiterated by members of the panel were the need to build resilient infrastructure and the crucial involvement of community partners to make a positive impact.

Davie Breaux, Deputy Port Director of Port Fourchon, shared examples of green infrastructure and wetlands restoration contributing to the region’s resilience, as well as the value of partnerships for efforts such as emissions monitoring. Susannah Burley, Founder and Executive Director of Sustaining Our Urban Landscape (SOUL) traced how the original creation of New Orleans led to massive deforestation. Burley explained that New Orleans’ tree canopy percentage ranks the lowest of eight nearby cities, and since the city’s low-lying coastal location makes it more susceptible to climate change impacts, reforestation is a crucial need. Chuck Morse of Thrive NOLA returned to further discuss the importance of community engagement.

Supporting women working in the corporate conservation space

WHC Conservation Conference 2024 included the inaugural in-person meeting of Elevate, sponsored by CRH, WHC’s professional network for women working in business and nature. Elevate, formed earlier this year, aims to support women in sustainability roles by facilitating open forums of discussion, providing mentorship opportunities and bringing women together to address the challenges and embrace the opportunities of working in the corporate conservation space.

Chris May, SVP, Safety, Health & Environment of CRH Americas and Livonia Mitchell, VP of Engagement and Impact at CRH, participated in a question-and-answer session facilitated by WHC Chief Science and Innovation Officer Anna Willingshofer. The women shared insights into navigating male-dominated fields, finding mentors, dealing with imposter syndrome and more. Following this engaging Q&A, members of Elevate had the chance to network in person for the first time since the group’s formation, forming connections that will only help to strengthen the impact of women working in sustainability.

Recognizing and celebrating conservation successes

Throughout the two days of WHC Conservation Conference, individual corporate conservation projects were honored with the WHC Awards, which recognize stellar examples of conservation — from species protection to landscape restoration to community education and engagement and more. Around the U.S. and around the world, the 2024 WHC Award winners exemplify WHC’s belief that Every act of conservation matters®.

This year’s Conference closed with the always lively WHC Awards Dinner, at which the event’s sponsors were recognized and the winners of the final WHC Awards were announced. In addition to the presentation of the Corporate Conservation Leadership Award to WM, the Gold Program of the Year Award to WM’s El Sobrante Landfill and Wildlife Preserve, and the Employee Engagement Award to Freeport-McMoRan, the winner of the Ibis Award was also announced. Named for the bird that is often credited as the last to leave before a storm and the first to return, this honor recognizes a conservation program’s resilience in the face of unexpected challenges. This year, Occidental Petroleum Corporation’s Belle site won the Ibis Award. After refocusing employee efforts on legacy clean-up efforts, the Belle team engaged help from the community to support the program’s avian monitoring efforts, allowing them to achieve WHC Certification again after 13 years.

Companies’ pride in their accomplishments is always evident at the WHC Awards Dinner, with attendees bringing festive noisemakers, New Orleans-themed costume pieces and intricate table decorations to show their team spirit — and bid for the WHC Spirit Award. This year, the competition for this award was so fierce that it ended in a tie, with Summit Materials and Freeport-McMoRan bringing home the honor. It was a fitting end to an event focusing on the importance of collective action and celebrating the accomplishments of dedicated corporations — and attendees left New Orleans feeling energized, enlightened and excited to meet again for WHC Conservation Conference 2025 in Detroit, Michigan.

MPC scored 100% on the Human Rights Campaign (HRC) Foundation’s Corporate Equality Index (CEI) for the fourth year. The CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ inclusion. For 2023-2024, MPC met all CEI criteria, earning the company a perfect score and the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion.

MPC partners with our PRIDE employee network during the year to host events and activities for our employees to learn about the experiences of members of the LGBTQ+ community. During June, PRIDE is hosting events and activities at multiple MPC locations to celebrate Pride Month.

“We’re very proud to receive a 100% score on the CEI and recognition as a leader in LGBTQ+ workplace inclusion. At MPC, we aspire for all employees to feel a sense of belonging and valued for their many contributions to our company. Our PRIDE employee network plays a key role in helping us support an inclusive environment. I’m proud to serve as an Executive Sponsor of the network and look forward to seeing it continue to grow,” said Chief Commercial Officer Rick Hessling.

“We’re honored to receive a 100% score on the CEI and the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion. Creating an inclusive culture is part of our commitment to being an Employer of Choice, and participating in the HRC’s CEI has served as a key tool in helping us to review our policies and practices to continue to support our LGBTQ+ employees and their family members,” said MPC Diversity, Equity and Inclusion Director Jen Grounds.

Learn more

Read HRC’s full CEI report here.Learn about MPC’s DE&I program here.

MPC scored 100% on the Human Rights Campaign (HRC) Foundation’s Corporate Equality Index (CEI) for the fourth year. The CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ inclusion. For 2023-2024, MPC met all CEI criteria, earning the company a perfect score and the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion.

MPC partners with our PRIDE employee network during the year to host events and activities for our employees to learn about the experiences of members of the LGBTQ+ community. During June, PRIDE is hosting events and activities at multiple MPC locations to celebrate Pride Month.

“We’re very proud to receive a 100% score on the CEI and recognition as a leader in LGBTQ+ workplace inclusion. At MPC, we aspire for all employees to feel a sense of belonging and valued for their many contributions to our company. Our PRIDE employee network plays a key role in helping us support an inclusive environment. I’m proud to serve as an Executive Sponsor of the network and look forward to seeing it continue to grow,” said Chief Commercial Officer Rick Hessling.

“We’re honored to receive a 100% score on the CEI and the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion. Creating an inclusive culture is part of our commitment to being an Employer of Choice, and participating in the HRC’s CEI has served as a key tool in helping us to review our policies and practices to continue to support our LGBTQ+ employees and their family members,” said MPC Diversity, Equity and Inclusion Director Jen Grounds.

Learn more

Read HRC’s full CEI report here.Learn about MPC’s DE&I program here.

Originally published by Fast Company 

In May, the Food and Drug Administration said Bovaer met safety and efficacy requirements for use in dairy cows. The feed additive, distributed by Indiana-based Elanco Animal Health, has been shown to cut a dairy cow’s methane emissions by an average of 30%. It works by suppressing the gut enzyme that produces the gas, and has no adverse health effects for the cows—or for the humans who consume their milk, according to numerous studies. 

Continue reading here 

Originally published by Fast Company 

In May, the Food and Drug Administration said Bovaer met safety and efficacy requirements for use in dairy cows. The feed additive, distributed by Indiana-based Elanco Animal Health, has been shown to cut a dairy cow’s methane emissions by an average of 30%. It works by suppressing the gut enzyme that produces the gas, and has no adverse health effects for the cows—or for the humans who consume their milk, according to numerous studies. 

Continue reading here 

Our colleagues are shaping a more sustainable future in collaboration with our customers, value chain partners, communities and many stakeholders. Together, we are building a stronger company with competitive advantages and a more resilient world.

When asked what sets Dow apart, I often start with our exceptional team’s ambition to be the world’s most innovative, customer-centric, inclusive and sustainable materials science company. Fueled by the passion of Team Dow, our ambition inspires best-in-class performance and contributes to long-term value creation for our customers, shareholders and society.

In 2023, we put our ambition into action in important ways, while also increasing our accountability and transparency. We responded to our customers’ demand for products, technologies and services that are lower-emissions, more circular, and continue delivering performance benefits. Through our Decarbonize & Grow and Transform the Waste strategies, we progressed our sustainability targets for greenhouse gas (GHG) emissions reductions and to help end plastic waste. We also took steps to build an even greater culture of inclusion, diversity and equity (ID&E) in our workplace and communities. We did this through strategic collaborations with external partners and with our employee resource groups (ERGs). Here is a summary of our 2023 progress.

Protecting the Climate

We are taking actions to both mitigate and adapt to climate change and have a clear pathway to reduce Scope 1 and 2 GHG emissions by approximately 15% by 2030 and simultaneously growing annual earnings by more than $3 billion.

In 2023, Dow’s Board of Directors approved the final investment decision for our Fort Saskatchewan Path2Zero project in Alberta, Canada. This paved the way for us to begin construction on the world’s first net-zero scope 1 and 2 GHG emissions integrated ethylene facility and derivatives site, which will decarbonize approximately 20% of our global ethylene capacity and grow our polyethylene supply by about 15%.To help meet our need for safe, reliable, zero-emissions power and steam, we selected our site in Seadrift, Texas, for a proposed collaboration with X-Energy to construct a grid-scale advanced nuclear reactor – which would be the first of its kind for an industrial site in North America.We set the groundwork to update our Water & Nature strategy to include new goals focused on building resilience in the places where we operate. We also achieved our ambitious 2025 Valuing Nature Goal by realizing $1.2 billion in net present value from business-driven projects that enhance nature.

Advancing a Circular Economy and Safer Materials

Through our Transform the Waste strategy, Dow is working across the value chain to eliminate plastic pollution and help meet the growing demand for recycled and renewable solutions. With a partnership approach and innovative technologies, we expect to realize more than $500 million in incremental earnings per year by 2030 as we commercialize 3 million metric tons of circular and renewable solutions annually.

With the mechanical completion of the Valoregen and Mura Technology recycling facilities in late 2023, we took important steps to become a major off-taker of lower GHG-emissions, circular feedstocks. Valoregen’s 15,000 metric ton mechanical recycling plant in France and Mura’s 20,000 metric ton advanced recycling plant in the United Kingdom will provide Dow with recycled feedstock for the production of new, high-value plastic products.We announced a collaboration with New Energy Blue to transform agricultural residue in the form of corn stover into bio-based ethylene used to make plastics.We also are using our materials science expertise to enable brands to quickly bring to market sustainable solutions for plastic packaging and other applications. For example, in 2023, we collaborated with LVMH Beauty on the use of bio-based and circular plastics for cosmetic packaging with our SURLYN™ REN and CIR Ionomers.

Cultivating a Thriving Team and Community

Our commitment to ID&E plays a critical role in enhancing our competitiveness and innovation. By building a diverse team and fostering inclusion in our workplace, we are enhancing our ability to create innovative solutions and deliver long-term business success.

Our employee resource groups (ERGs) remain a valuable platform for advancing inclusion and driving profitable growth. In 2023, we increased our best-in-class ERG participation by 4 percentage points over 2022, with nearly 61% of employees participating in one or more of our 10 ERGs.Our ID&E efforts earned external recognition through industry-leading awards and certifications in 2023. Dow was recognized for the first time by Great Place To Work® and FORTUNE as one of the World’s Best Workplaces™ — a recognition provided to only 25 companies in the world.We significantly outpaced our industry peers on leadership diversity, with 50% of our executive team reporting as women and/or U.S. ethnic minorities. Our Board of Directors also continues to outpace the S&P 500 on U.S. ethnic diversity.In 2023, we reimagined our global citizenship strategy to more closely align to Dow’s ambition. Through this work, we partnered with 640 nonprofits, educational institutions and other community organizations to accelerate social change and create a more sustainable and equitable future.

Driving Accountability and Best-in-Class Performance

How we do business is just as important to our success as what we do. That’s why we continued to strengthen our governance practices and further our commitment to transparency and accountability throughout 2023.

We enhanced disclosures for Board of Director qualifications, enterprise risk management and leadership succession planning.We refreshed the Dow Code of Conduct in alignment with industry best practices.Our 2023 environmental, social and governance disclosures were aligned to five leading standards and frameworks – GRI (Global Reporting Initiative), Greenhouse Gas Protocol, Taskforce on Climate-related Financial Disclosures, Sustainability Accounting Standards Board, and World Economic Forum Stakeholder Capitalism Metrics.

I’m proud of what Team Dow accomplished in 2023 to create value and advance our ambition. Our colleagues are shaping a more sustainable future in collaboration with our customers, value chain partners, communities and many stakeholders. Together, we are building a stronger company with competitive advantages and a more resilient world.

Best regards,

Jim Fitterling
Chair and Chief Executive Officer

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