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Building a Secure, Sustainable Future. Chad Holliday, P.E. Chairman & CEO, DuPont. DuPont Core Values. Safety, Health & Environment Ethics Respect for People. DuPont - 1802. 100 employees 1 site 1 country 1 product 12 customers $36,000 investment $500,000 revenue.
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Building a Secure, Sustainable Future Chad Holliday, P.E. Chairman & CEO, DuPont
DuPont Core Values • Safety, Health & Environment • Ethics • Respect for People
DuPont - 1802 • 100 employees • 1 site • 1 country • 1 product • 12 customers • $36,000 investment • $500,000 revenue
Leaping to Our Next Century Maturity Maturity Growth Growth Maturity Chemistry, Biology. . . Knowledge - Intensive Solutions Birth Growth Birth Chemistry, Energy Birth Explosives 1802 1830 1850 1900 1925 1945 1990 2000 2050 2090
DuPont — Today • 79,000 employees • 210 sites • 70 countries • 2,000 products • 25,000 customers • $40B investment • $25B revenue Sales
Other Packaging 2% Other Industrial 4% Aerospace/Aircraft 1% Health Care 4% Agricultural/Food 18% Personal Care 2% Chemical/Petrochemical 4% Mining 1% Textile/Apparel 14% Construction/Materials 12% Electrical Appliances 2% Plastics 6% Electrical Machinery 1% Paper 2% Electronics 5% Motor Vehicle 19% Home Furnishings 4% Sales By End-Use Industry: 2001 Includes 9 months of Pharma sales
The Only Secure Future Is a Sustainable Future • Our challenge: • Provide strong shareholder return while • Meeting global human needs • Reducing footprint of operations and products
ABB Bayer BP Amoco Cargill CH2M HILL ChevronTexaco Conoco Dow GM Ontario Power Generation 3M Procter & Gamble Rohm & Haas Shell Oil Weyerhaeuser CII Member Companies in WBCSD
A Framework for Sustainability • Social Responsibility • Innovation • Eco-efficiency • Leadership
Social Responsibility • Safety • Work Environment • Operating Processes • Products & Services • Integrity/high ethical standards • Human dignity • Partnerships with all stakeholders
Process Operating Technology Auditing Procedures and Safe Emergency Planning Practices and Response Management of Change Management of Change Incident Investigation and Reporting Process Hazards Analysis Contractor Safety and Performance Quality Assurance Training and Performance Prestart-Up Safety Reviews Management of “Subtle” Change Mechanical Integrity Process Safety and Risk Management Model ISP MANAGEMENT LEADERSHIP & COMMITMENT
Integrity/High Ethical Standards • Ethical behavior towards all stakeholders globally • Responsible products
Human Dignity • Respectful treatment • Development • Value for diversity • Respect for local culture while maintaining global standards
Partnerships with all Stakeholders • Dialogue as a first step to partnership • Global • Must address imbalance of power • Seek highest value-adding relationships
Innovation“More Value with Less Impact” • Technology Adoption • Innovation Process • customers/concerns farther down the value chain • early broad stakeholder involvement • robust technology development/assessment process
A Disciplined, Market-Back Innovation Process Guiding Principles for Technology Technology Uniqueness Market Relevance Commercialization Plan
Eco-Efficiency “The delivery of competitively priced goods and services that satisfy human needs and bring quality of life while progressively reducing ecological impact and resource intensity throughout the life cycle” • Reduced Footprint • Knowledge Intensity
Reduced Footprint • Less material usage • lower cost • less waste & emissions • lower energy & water consumption • Closed loop systems
DuPont’s 2010 Goals • Derive 25% of revenues from non-depletable resources • Reduce global carbon-equivalent greenhouse gas emissions by 65% • Hold total energy use flat using 1990 base • Source 10% of global energy use from renewal resources
Knowledge Intensity • Service extensions • Functional extensions
Design for Six Sigma • Methodology to create higher value-add processes/products • Based on Six Sigma tools • Integrates voice of the customer • Delivers predictable quality DuPont Six Sigma
Leadership • Change — yourself first • Vision translated to action • Communicate, communicate, communicate
Available through www.earthprint.com
Building a Secure, Sustainable Future • Right thing to do for our stakeholders today • Right thing to do for tomorrow’s stakeholders