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Dow CFO explains path to its first emission-free facility

#dow #ai #yahoofinance

Materials manufacturer Dow Inc. (DOW) — one of the parent companies of the Dow Chemical Company — is talking about its growth outlook and climate-related endeavors at its investor day on Thursday. Dow CFO Jeff Tate tunes into the Morning Brief from the New York Stock Exchange, attributing the company's strategic growth plans to its diversity of use cases and applications across several industries, which also serves to offset higher for longer interest rates. "What we're seeing right now, certain areas are really strong and resilient, such as infrastructure, electronics," Tate explains. "So you think of data centers, you think of AI support, pharma continues to be strong for us. Packaging has been resilient throughout for us over the past two years and continues to have strong export performance as well as local performance." Tate also comments on Dow's ESG initiatives (Environmental, Social and Governance) to decarbonize and reach net zero emissions for its facilities: "We're mitigating a lot of those potential risks that you can have as we focus on not only decarbonizing, but more importantly, create net value." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

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16 мая 2024 г. 22:30:03
00:05:00
Яндекс.Метрика