July 5, 2006—The organizers of the 28th Annual Industrial Energy Technology Conference (IETC) in New Orleans, Louisiana, presented The Dow Chemical Company with an award on May 11 for leadership in energy management. As an energy-intensive company that has made tremendous strides toward improving global energy efficiency, Dow was one of two companies honored with this year’s IETC award.
This award recognized Dow for its strong global focus on energy efficiency and recent results, including:
- achieving aggressive EH&S 2005 goals related to energy efficiency—reducing the company’s energy intensity by 22% from 1994-2005;
- maintaining strong corporate support and an energy efficiency organization to drive results at the site and business levels;
- using proven Six Sigma methodology and industry best practices to accelerate energy efficiency improvements; and
- supporting external energy efficiency programs to help other energy consumers save energy, such as the Alliance to Save Energy’s “Power is in Your Hands” residential energy efficiency campaign and the US Department of Energy’s “Save Energy Now” industrial energy efficiency campaign.
From 1994 to 2005 Dow saved approximately $4 billion through energy efficiency efforts, helping to mitigate the impact of rising energy costs, while reducing greenhouse gas emissions. On May 3 Dow announced an aggressive corporate goal to further reduce its worldwide energy intensity by 25% from 2005 to 2015.
Dow also received an energy efficiency award from the Alliance to Save Energy. Dow was the recipient of the Alliance’s 2006 Galaxy Star of Energy Efficiency Award, which honors companies that have demonstrated a significant and tangible commitment to the cause of energy efficiency and/or contributed to national energy security.
