Monday, November 30, 2020

Dow Report Highlights Olympic Movement Partnership’s Carbon-Reduction Efforts

Dow recently released its 2020 Carbon Partnership Report, detailing the carbon-reduction impact of more than 20 carbon-mitigation projects in more than 12 countries done in collaboration with the Olympic Movement. These projects are part of partnerships with the International Olympic Committee (IOC) and organizing committees of the Sochi 2014 Olympic Winter Games and the Rio 2016 Olympic Games.

These carbon partnerships have reportedly delivered third-party-verified emission reductions of more than 5.1 million metric tons of carbon dioxide equivalent (CO2e) since launched. The report outlines how Dow’s partnerships with the Olympic Movement have brought new levels of science, innovation and collaborations across key value chains, going beyond business as usual to advance the adoption of technologies and practices that can build a low-carbon economy.

“Achieving a low-carbon economy requires new ways of collaborating across value chains, as well as investments in capacity building and low-carbon technologies,” said Nicoletta Piccolrovazzi, global technology & sustainability director, Dow Olympic & Sports Solutions. “This report provides verified proof of how collaborations that focus on a clear and common goal and go beyond business as usual can create successful, scalable solutions. Our projects go beyond purchasing carbon offsets to encourage behavior changes that result in real emission reductions.”

Environmental Resources Management (ERM) provided third-party verification of projects against the Dow Climate Solutions Framework and verified the greenhouse gas-emission reductions resulting from the projects and assigned to specific footprint owners. Carbon reductions within the report are validated as of September 2020. According to the report, each of Dow’s carbon partnerships with the Olympic Movement met and exceeded the original emission scope target:

  • The Dow Sochi-Carbon Partnerships resulted in climate benefits amounting to 2.8 million metric tons of CO2e, more than five times its commitment to Sochi 2014.
  • The Dow-Rio Carbon Partnership has delivered more than 1.5 million metric tons of CO2e to date–exceeding Dow’s commitment to balance the footprint of hosting and staging the Games. According to Dow, it is also leaving a legacy of low-carbon technologies in Latin America.
  • The Dow-IOC Carbon Partnership has delivered more than 850,000 metric tons of CO2e to date, exceeding the IOC’s goal to be a carbon-neutral organization.

Dow and the IOC’s initiative encourage global sports organizations, both within and outside of the Olympic Movement, to incorporate tangible climate action into their operations and events.

The post Dow Report Highlights Olympic Movement Partnership’s Carbon-Reduction Efforts appeared first on American Coatings Association.



from American Coatings Association https://www.paint.org/dow-report-highlights-olympic-movement-partnerships-carbon-reduction-efforts/
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