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DuPont Joins Global Coalition Calling for Coordinated Action to Address Climate Change

USA, February 20, 2007

WILMINGTON, Del., Feb. 20, 2007 - DuPont issued the following statement as a member of the Global Roundtable on Climate Change (GROCC), in support of its principles announced today in New York. The statement is attributed to DuPont Vice President and Chief Sustainability Officer Linda Fisher.

"Climate change is a serious issue that has to be addressed through concrete action.  Climate change is a global concern that will require countries to work together to develop a meaningful and coordinated global approach. We strongly believe in the principles outlined today by the Global Roundtable on Climate Change and encourage other organizations to support this effort to advance action to address this critical issue.

"For nearly 20 years, DuPont has been committed to greenhouse gas reductions in our own operations in regions around the world.  We will continue to meet ambitious internal sustainability goals that focus on reducing our global greenhouse gas emissions and bringing new, efficient, greenhouse gas emission reducing technologies to market.  As a global company, we recognize climate change as an international challenge, and believe that environmental and economic benefits will result from broad and coordinated action across all regions and sectors of the economy. 

"We are committed to immediate action on climate change. Last month DuPont joined with other leading U.S.-based corporations and environmental leaders to call upon the U.S. federal government to act on climate change legislation as a member of the United States Climate Action Partnership (USCAP). 

"DuPont is committed to help motivating global climate policy that is both environmentally effective and economically sustainable.  We believe the time has come for the entire business community to be involved in the policy debate."

Background

DuPont has reduced greenhouse gas emissions more than 70 percent since 1991, realizing more than $3 billion in avoided energy costs.  Those energy savings are based on the use of improved process controls; optimization of energy generation and distribution at its facilities; new technologies with lower energy consumption, and; one of the biggest factors - improved yields from DuPont's manufacturing processes.  DuPont also is reducing the use of fossil fuels by employing alternative energy sources such as landfill gas.

DuPont has broadened its sustainability commitments beyond internal footprint reduction to include market-driven targets for both revenue and research and development investment.  The goals are tied directly to business growth, specifically to the development of safer and environmentally improved new products for key global markets, including products based on non-depletable resources, like biofuels.

By 2015, DuPont has committed to:

-- Double its research and development investment in environmentally smart market opportunities;
-- Double revenues to $8 billion from non-depletable resources;
-- Grow annual revenues $2 billion or more from products that create energy-efficiency and/or  reduce greenhouse gas emissions for its customers, and;
-- Introduce at least 1,000 new safety products or services.

DuPont brings to the market an array of technologies and materials that help its customers and the value chain reduce greenhouse gas emissions.  The company supports policies that recognize the benefits of alternative fuels as one step in a suite of actions necessary to reduce greenhouse gas emissions and reliance on fossil fuels.  It is actively researching and developing advanced, high-performance fuels and other bio-based energy alternatives.  These alternatives will expand the fuel options for consumers by introducing new technologies that include advanced biofuels such as biobutanol and ethanol from cellulosic feedstocks. DuPont is focused on developing alternative energy sources as the producer of high-performance materials for photovoltaic solar panels and fuel cells.

DuPont also is developing innovations that increase energy efficiency throughout the value chain. For example, the company recently launched DuPont™ Tyvek® AtticWrap™, the first breathable roofing membrane to completely seal a home's building envelope.  Used in combination with DuPont™ Tyvek® HomeWrap®, an airtight building envelope that surrounds the entire home is formed, saving up to 20 percent on energy costs.

DuPont is a science-based products and services company.  Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere.  Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

The DuPont Oval Logo, DuPont™, The miracles of science™, and Tyvek®, AtticWrap™, HomeWrap® are registered trademarks or trademarks of DuPont or its affiliates.

 

For more information on DuPont, visit www.sustainability.dupont.com

For bio/photo of Linda Fisher:  http://www2.dupont.com/Our_Company/en_US/executives/fisher.html