Dow Inc.

"The provided information does not specify the net zero target of the company Dow Inc. Net Zero Tracker"

Current Score (vs. LY)

49.0 pts (2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #76

S&P100: #52

Materials: #1

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 28,290,00028,164,63027,200,000
Scope 2 - location-based 3,940,0004,854,6985,200,000
Scope 2 - market-based 5,680,0006,557,5716,070,000
Scope 1-2 - location-based 32,230,00033,019,32832,400,000
Scope 1-2 - market-based 33,970,000 34,722,201 33,270,000
Scope 3 77,639,50069,256,6310
Total - location-based 109,869,500102,275,95932,400,000
Total - market-based 111,609,500 99,233,812 33,270,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 110,840,522124,243,577
Methodology Pre-calculated sector intensity (revenue)Scope 3 based on previous year

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Dow Inc. belongs to the sector Materials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2S3MKT 15.0 2020 2030
S1S2S3MKT 100.0 2020 2050


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3LOC FULL 2050


Science-based Targets (SBTI)

Date Published / Updated :01/01/2023

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 Targets Set : 1.5°C by 2050 Yes by 2050
Dow Inc. is a member of the Business Ambition for 1.5 campaign (link here )

This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://sciencebasedtargets.org/faqs-for-smes/ Meadow Foods Limited commits to reduce scope 1 and scope 2 GHG emissions 38% by 2030 from a 2021 base year, and to measure and reduce its scope 3 emissions. Meadow Foods Limited commits to reach net-zero greenhouse gas emissions across the value chain by 2050 from a 2021 base year.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Dow by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Yes (unspecified)

Additional notes: Offsets: Refer to offsetting volatile organic and other compounds; unspecified with regard to CO2 offsets. "Dow will grow, but offset emissions of Priority Compounds, volatile organic compounds (VOCs) and nitrogen oxides (NOx)." - 2021 ESG Report "We are taking a phased, site-by-site approach to reducing our carbon footprint by replacing end-of-life and high carbon-intensity assets with more carbon-efficient technologies, and by investing in carbon abatement technologies, including circular hydrogen and carbon capture and storage." - 2021 ESG Report

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 2.5 10.0 -7.5
3 CDP score demonstrates the level of transparent disclosures 9.0 10.0 0.0
Transparency 21.5 30.0 -7.5
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 10.0 10.0 10.0
Commitments 20.0 40.0 10.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 7.5 10.0 0.0
Results 7.5 30.0 0.0
Total 49.0 100.0 2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 5.0 -2.5 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 5.0 -5.0 5.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A- 9.0 / 10.0 9.0 0.0 9.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 4.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 0.0 10.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.9°C 7.5 / 10.0 7.5 0.0 0.0
Total 49.0 / 100.0 46.5 2.5 39.0


Available Data Sources

Reporting Year 2021 2021 2021 2020 2020 2020 2020 2019 2019 2019 2019 2018 2018 2018
Source Public Yourstake Wikirate (NV) CDP Public Public Wikirate (NV) CDP Public CDP Wikirate (NV) Public CDP Wikirate (NV)
Publication Year 2022 2022 unknown 2021 2022 2021 2021 2021 2021 2020 2020 2021 2020 2019
Scope 1 28,290,000 28,290,000 28,290,000 28,164,630 28,490,000 28,200,000 28,200,000 27,200,000 27,200,000 27,522,854 27,600,000 28,400,000 28,720,000 26,600,000
Scope 2 - location-based 3,940,000 3,940,000 3,940,000 4,854,698 3,950,000 4,900,000 4,900,000 5,200,000 5,200,000 5,058,885 6,050,000 7,600,000 5,330,000 9,300,000
Scope 2 - market-based 5,680,000 5,680,000 NA 6,557,571 6,070,000 6,560,000 NA 6,070,000 6,070,000 6,058,164 NA 6,660,000 6,820,000 NA
Scope 1-2 - location-based 32,230,000 32,230,000 32,230,000 33,019,328 32,440,000 33,100,000 33,100,000 32,400,000 32,400,000 32,581,739 33,650,000 36,000,000 34,050,000 35,900,000
Scope 1-2 - market-based 33,970,000 33,970,000 NA 34,722,201 34,560,000 34,760,000 NA 33,270,000 33,270,000 33,581,018 NA 35,060,000 35,540,000 NA
Scope 3 77,639,500 77,600,000 77,640,000 69,256,631 69,268,100 69,256,631 69,256,630 0 93,942,558 91,421,957 91,400,000 69,162,715 0 0
Total - location-based 109,869,500 109,830,000 109,870,000 102,275,959 101,708,100 102,356,631 102,356,630 32,400,000 126,342,558 124,003,696 125,050,000 105,162,715 34,050,000 35,900,000
Total - market-based 111,609,500 111,570,000 NA 99,233,812 103,828,100 104,016,631 NA 33,270,000 127,212,558 116,733,101 NA 104,222,715 35,540,000 NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email