I feel like I wrote this equation before but yesterday's investor presentation from Dow Chemical emphasized their strategy in incorporating sustainability in all aspects of their operations and businesses mostly because it is profitable to do so.
The company has been busy investing and making deals right and left in lithium battery, carbon capture, solar, and other sustainability-infused projects. Here are some of them announced just this month alone:
1. Lithium ion battery developer High Power Lithium (HPL) has transferred all of its collective assets to Dow. HPL has been developing next generation metal phosphate electrode materials and electrolyte system technology.
2. Dow and the California Institute of Technology (Caltech) signed a multi-year research collaboration in the development of new, ultra low cost, high efficiency photovoltaic materials. The solar research initiative is one of Dow’s largest externally funded research agreements.
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