"In the growing world economy, energy demand remains high and will continue to increase, particularly in countries with rapidly developing economies. At the same time, as a global community, we know that critical environmental challenges such as climate change must be addressed," Muzyka said. "DuPont is focused on delivering low-carbon solutions to the marketplace in order to help our value chains improve their energy efficiency and reduce greenhouse gas emissions."

Jointly organized by World Business Council for Sustainable Development and the International Chamber of Commerce, the Bali Global Business Day brought together nearly 300 decision makers from companies, governments, inter-governmental and non-governmental organizations.

Muzyka participated in the panel discussion, "Solutions and Opportunities in Energy Efficiency," which discussed how energy efficiency and demand-side management can contribute to a low-carbon framework.

"From 1990 to 2003, DuPont reduced the greenhouse gas emissions from our operations by 72 percent. During the same period, our global energy use actually declined 6 percent while our business grew by 40 percent -- translating to over $3 billion in avoided energy costs," Muzyka said.

"With the launch of our 2015 Sustainability Goals over a year ago, we expanded our commitments to go beyond our own footprint reduction to include market-facing goals for R and D investment and revenues from sustainable products and services," he added. "For example, we know that buildings can account for approximately 40 percent of the greenhouse gas emissions in developed countries. Innovations such as DuPont(TM) Energain and metalized Tyvek can help reduce a building's emissions by reducing energy use up to 30 percent."

Muzyka noted that DuPont is committed to delivering alternative energy solutions and advanced biofuels to the global marketplace. "We already offer alternative energy solutions such as the enabling technologies for photovoltaics and fuel cells," he said.

"Our Pioneer-Hi Bred seed business continues to expand biofuels production per acre, resulting in more fuel without increasing the production land used. Further, we are about to bring to market advanced, next-generation biofuels including cellulosic ethanol, which will provide a lower carbon footprint for the transportation fuels sector, and biobutanol, which will increase energy efficiency because of the improved mileage it provides compared to existing biofuels."

DuPont -- one of the first companies to publicly establish environmental goals 18 years ago -- has broadened its sustainability commitments beyond internal footprint reduction to include market-driven targets for both revenue and research and development investment. The goals are tied directly to business growth, specifically to the development of safer and environmentally improved new products for key global markets.

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