Introduction Climate Change Resources Smarter Chemistry Engagement and Advocacy Appendix 2023 Environmental Progress Report 12 Progress toward net-zero emissions 75% reduction in gross emissions Our plan to become carbon neutral Historical emissions Future emissions (illustrative only)** from 2015 by 2030 centers around a 75 percent G ross emissions Emis sions offset/removal P rojected gross emissions emissions reduction target compared A voided emissions Emis sions range from modeling uncertainty* P rojected emissions offset/removal with our 2015 footprint. We’ve already reduced our gross carbon footprint 12 by over 45 percent since 2015. And we plan to address residual emissions through high- quality carbon removals. Baseline year 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Gross emissions 38.4 29.5 27.5 25.2 25.1 22.6 23.2 20.6 Carbon offsets/removal – – – – – 0.1 0.7 0.3 Net emissions 38.4 29.5 27.5 25.2 25.1 22.5 22.5 20.3 net-zero carbon (million metric tons CO 2 e per fiscal year) emissions by 2030 * Er ror bars: We’re continuously refining our methodology to improve our carbon footprint estimate. But there’s uncertainty inherent to modeling product-related carbon emissions, which we’ve illustrated through error bars in this graphic. ** F uture emissions: Future emissions, including offsets and removals, are displayed as a linear trend to reach net-zero carbon emissions by 2030. Actual future emissions will likely not be linear.
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