Description/achievement of initiative
In alignment with Dow's 2015 Sustainability Goals, the company embarked on a bold new experiment in 2011 a 5-year, $10 MM collaboration with The Nature Conservancy.
Dow's long-term vision is to leverage analysis and findings at current and future pilot sites to influence practices and operations at Dow's business units globally, and guide the decision-making of other companies and organizations through open-source access to the resulting models, tools and learnings generated from the collaboration. Dow and The Nature Conservancy have created a collaboration website to share progress from this groundbreaking initiative, which aligns with the company's broader focus on global conservation. and also this initiative is fully funded by The Dow Chemical Company.
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
The Nature Conservancy
Establish a second pilot site in Santa Vitria, Brazil ro undertake a comprehensive analysis of services that nature provides to Dow's operations and the community Analyze impacts and dependencies on ecosystem services in the region specifically related to crop production (sugar cane to Polyethylene and biomass fuel); access to freshwater sources; forest habitat; sediment reduction (i.e., erosion control) and nutrient retention.
Publish second annual Progress Report
Sustainable Development Goals and targets
Resources devoted to implementation
Financing (in USD)