Dow Chemical spent roughly $1 billion between 1995 and 2005 on refining its energy efficiency practices, investing in new clean-tech technologies, and working with manufacturers on new green chemistry, CNET reports.
The investment has paid off “fivefold” for Dow and has also cut its CO2 emissions 20% since 1990, according to Dow’s vice president of sustainability, Neil Hawkins.
Among other Earth friendly initiatives in Dow’s future is “Dow Building Solutions,” which examines new technologies that can help business owners reduce their carbon dioxide emissions; research on photovoltaic technology for roofing and siding; and battery technologies for Toyota’s future initiatives.Last year Dow Chemical joined the United States Climate Action Partnership.
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