Post by jorinaparvin147 on Feb 25, 2024 2:07:01 GMT -5
The effects of climate change are already tangible in much of the world. Efforts to mitigate them are still far from becoming the norm, but as more people become aware, companies have had to respond by joining the fight. It is known that building a sustainable system of production and consumption is the only way out, and doing so is impossible without the participation of companies. That is why for Dow , sustainability is more than an ambition. How science is applied to drive top-line growth, improve operations, engage employees, and help innovate for customers is key. In summary: Sustainability is an important part of Dow's strategy for long-term success. Putting sustainability at the heart of what they do and why they do it helps it become normal within the business. The more employees use a sustainability lens to make decisions, the more new sustainable innovations and business models take hold. But how do we get to a place where all employees see sustainability as part of their jobs? Without a doubt, it is a great challenge. There is no one-size-fits-all answer. However, at Dow they believe that involving employees in sustainability will not only increase our impact and competitive advantage, but will also lead to more satisfied and involved employees.
Multiple studies have shown that employees want to work with purpose and that participating in a company's sustainability work improves job satisfaction and overall feelings toward the company . That's why Dow is working hard to take steps to engage employees in its sustainability agenda and empower them to help drive positive change. Here are 7 ways Dow shares how they are driving employee Job Function Email List engagement around their 2025 Sustainability Goals: 1.Develop knowledge and skills Educating employees and developing the next generation of sustainability leaders within our company is critical to advancing our goals. Since 2017, our Dow Sustainability Academy has provided hundreds of employees with the hands-on experience they need to bring sustainability business insights to their jobs. In partnership with the University of Michigan's Erb Institute, employees spend four immersive days on the University of Michigan campus learning the fundamentals of sustainability. They then work on a six-month team project aligned with our 2025 sustainability goals. Additionally, each employee has the opportunity to join our Sustainability Network, which brings together Dow people globally and regionally for training or awareness-raising activities.
Encourage the owner mentality Like safety, we want all employees to own sustainability and see it as part of their jobs. That's why for the first time in 2020, we are linking variable employee compensation to environmental, social and governance metrics that include an annual target around our 2025 Sustainability Goal “World-Leading Operations Performance.” In this way, sustainability performance is rewarded and recognized. 3. Integration of sustainability into business plans and R&D decision-making framework To embed sustainability into our existing business processes, we are asking our business units to draft their own sustainability plans in line with our 2025 Sustainability Goals. This helps each company and its employees drive innovations that support customers' sustainability needs and improve our top-line revenue growth. For example, the specialty plastics and packaging business has collaborated with partners around the world to create durable polymer-modified asphalt roads from recycled plastics, earning Dow a spot on Fortune's 2019 Change list the World.