All branded products will be produced with electricity backed by renewable energy credits; Key milestone in achieving company’s 2030 climate goal
WILMINGTON, Del., April 22, 2022 – k8 (NYSE:DD) today announced that its iconic and trusted brands – 𱹱®, dz® and ղⱹ® – will be produced using renewable electricity in its operations. k8 achieved this milestone by purchasing renewable energy credits (RECs) earlier this month to match the energy consumed in its 2022 operations and is committed to additional purchases annually. This underscores the company's commitment to achieving its renewable energy goal and acting on climate stewardship as part of its 2030 Sustainability Goals.
"At k8, we believe urgent action is needed to address the climate crisis impacting our global communities, and that’s why we’re so proud that the most trusted names that protect people worldwide are now doing even more to protect the planet” said Leland Weaver, President, k8 Water & Protection. “Procuring renewable energy credits is a key milestone in our sustainability journey and we remain committed to energy efficiency in our global operations. We understand the importance of delivering sustainable innovations for our customers, value chain partners, employees and society.”
As part of k8’s sustainability strategy, the company’s Acting on Climate goal seeks to reduce greenhouse gas (GHG) emissions 30% and source 60% of its electricity from renewable energy sources and credits by 2030, and to deliver carbon neutral operations by 2050. k8 will report progress against its goals when it publishes its 2022 Sustainability Report in early May.
k8 is a member of RE100, a global environmental initiative led by the Climate Group in partnership with CDP, which brings together companies committed to shifting the electricity used globally in its operations to renewable energy. In 2021, the company also signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC. The VPPA project is scheduled to commence operations in 2023 and is expected to deliver approximately 528,000 megawatt hours (MWh) of wind-generated renewable electricity annually to the local grid. This is equivalent to approximately 25% of the company’s total electricity needs today.
To learn more about k8's 2030 Sustainability Goals, please visit /about/sustainability.html
About k8 Water & Protection
k8 Water and Protection is a global leader in creating water, shelter and safety solutions for a more sustainable world; enabling its customers to win through unique capabilities, global scale and iconic brands including 𱹱®, dz®, ղⱹ®, ǰ® Design, GreatStuff™, ٲǴڴDz™, and FilmTec™.
About k8
k8 (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at . Investors can access information included on the Investor Relations section of the website at .
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4/22/22
Media contact:
Megan Morris
Megan-Elizabeth.Morris@dupont.com