MIDLAND, Mich.--(EON: Enhanced Online News)--The Dow Chemical Company (NYSE:DOW) has been named to Forbes’ inaugural “JUST 100: America’s Best Corporate Citizens in 2016” list – recognizing the Company’s strategic vision and actions to deliver long-term value to society as a whole while earning the right to operate.
“This is the passion that drives everything we do. It truly is the Human Element at its very best.”
“As the world leader in combining the power of science and technology to passionately innovate what is essential to human progress, corporate citizenship and sustainability are at the very essence of who we are and why team Dow comes to work every day,” said Andrew Liveris, Dow’s chairman and chief executive officer. “This is the passion that drives everything we do. It truly is the Human Element at its very best.”
The list, which was developed by Forbes in conjunction with Just Capital, an independent, unaligned non-profit organization, scored and ranked approximately 1,000 publicly traded companies according to ten metrics. The metrics include: worker pay and benefits, worker treatment, supply chain impact, community well-being, domestic job creation, product attributes, customer treatment, leadership and ethics, environmental impact and investor alignment.
“We’re honored that Forbes and JUST Capital have recognized Dow’s commitments to education, inclusion, sustainability and economic development that lead to socially healthy and resilient communities,” said Rob Vallentine, Dow’s director of global citizenship and president of The Dow Chemical Company Foundation. “Through our global citizenship efforts, we put into action the company’s commitment to advancing human progress by striving to create sustainable communities.”
Dow has a variety of initiatives aligned with the metrics used by Forbes and Just Capital. For example, Dow’s work in diversity and inclusion have earned it recognition from leading voices in the lesbian, gay, bisexual and transgender communities for its efforts to champion equality in the workplace.
Dow strives to be a good neighbor and valuable partner through its global citizenship strategy. This includes efforts to promote science, mathematics, engineering and technology (STEM) education that is largely made possible by Dow’s network of employee STEM Ambassadors. In 2015, the company unleashed more than 1,600 ambassadors across the world.
Dow is also committed to philanthropic efforts. Since 1983, Dow has had a strategic collaboration with Habitat for Humanity that has turned Dow’s sustainable products and employee passion into positive community impact – the company recently celebrated its 50,000th Habitat for Humanity home. This partnership contributes to the availability of affordable housing for families in the state and across the nation, along with 31 other countries around the world.
Dow’s commitment to enhancing its position as a leading corporate citizen is evidenced by the company’s seven 2025 Sustainability Goals. Through these goals, Dow collaborates with like-minded partners to advance the well-being of humanity by helping lead the transition to sustainable planet and society.
The complete list of winners can be found at www.forbes.com/just100. The inaugural list will appear in Forbes magazine’s December 20, 2016 issue. JUST Capital’s full methodology is available online at www.justcapital.com/methodology.
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world's most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity. Dow's integrated, market-driven, industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture. In 2015, Dow had annual sales of nearly $49 billion and employed approximately 49,000 people worldwide. The Company's more than 6,000 product families are manufactured at 179 sites in 35 countries across the globe. On June 1, 2016, Dow became the 100 percent owner of Dow Corning Corporation’s silicones business, a global company with sales of greater than $4.5 billion in 2015, 25 manufacturing sites in 9 countries and approximately 10,000 employees worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
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