Industry News

NASDAQ OMX adds Dow to Global Sustainability 50 Index

Published on 2010-06-25. Author : SpecialChem

Midland, MI -- The Dow Chemical Company announced it had been added to the NASDAQ OMX CRD Global Sustainability 50 Index for the first time.

"Sustainability has been firmly planted in Dow's corporate strategy for many years," said Howard Ungerleider, Dow's vice president of Investor Relations. "The more companies and investors recognize the importance of sustainability leadership as a business objective, the more value will be delivered to society, the environment, employees and shareholders."

The NASDAQ OMX CRD Global Sustainability 50 Index is made up of companies that have taken a leadership role in disclosing their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing.

According to Neil Hawkins, Dow's vice president of Sustainability and EH&S, Dow remains focused on continuing to reduce its impact on the environment, while harnessing its innovation to help customers, communities and individuals to do the same.

"As the world's leading specialty chemical and advanced materials company, Dow contributes to the sustainability of society and our planet by developing innovative technologies for current and future markets," Hawkins said.

Dow was one of only 12 securities to be added to NASDAQ OMX's benchmark for stocks of companies that are taking leadership roles in sustainability performance reporting and are traded on a major U.S. stock exchange.

About Dow

Dow combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified 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 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2009, Dow had annual sales of $45 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 214 sites in 37 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

Source: Dow Chemical Company

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