Ashland extends support for The Nature Conservancy, finance

Wilmington, Del., April 21, 2022 (GLOBE NEWSWIRE) — In recognition of Earth Day, Ashland Global Holdings Inc. (NYSE: ASH) today announced the company’s increased support for The Nature Conservancy ( TNC) and will donate $25,000 to TNC’s STEM Youth Engagement nature laband an additional $25,000 for the organization Plant a billion trees by 2030 forest restoration project. Details can be found here www.ashland.com/earthday2022

Nature Lab exemplifies Ashland Responsible Solvers™ social philanthropic focus on science, technology, engineering and math (STEM). TNC’s Youth Curriculum Hub provides teachers, students, and families with customizable, interactive lesson plans to explore and understand nature. The educational platform has 550 scientists who help students learn about how nature works while inspiring young people and bringing greater equity to environmental education. Students aged five to 18 can participate in virtual and hands-on learning. Nature Lab reaches over 2.5 million users each year in 50 of the United States and dozens of countries. Through a partnership with an online learning platform, TNC provides students with interactive games to use along with videos as well as a series in Spanish. Future improvements include the active participation of young learners to fight climate change, protect lands and waters, provide food and water sustainably, and build healthy cities.

“Nature Lab aims to inspire young people and bring greater equity to environmental education,” said Kate Ireland, Director of Youth Engagement, The Nature Conservancy. “We want every young person to be able to find their place in conservation and have the tools they need to advocate for change in their own community and beyond.”

Ashland also continues to support The Nature Conservancy’s Plant a Billion Trees forest restoration effort. Ashland’s donation ensures that approximately 10,000 trees are planted in key regions where the company operates and that there is a need for reforestation and education in sustainable agriculture. This includes Brazil, China, Mexico and the United States.

In addition, Ashland is committed to using certification standards established by the Forest Stewardship Council (FSC) and/or the Program for the Endorsement of Forest Certification (PEFC). FSC and PEFC certified and controlled wood assures consumers that products can be traced back to responsibly managed sources. These programs embody Ashland’s conscious decision to review and rethink its business practices with the goal of becoming a nature-friendly company that positively impacts climate change, biodiversity and just social practices.

“There is no planet B,” said Guillermo Novo, president and CEO of Ashland. “We are a vital part of an ecosystem that must be protected for future generations. We believe that increasing the number of students pursuing higher education in STEM careers is critical to the health of the planet and our long-term success as a business. We will continue to work with partners to broaden the participation of women and minorities because the more diverse the team, the better the problem solving. Responsibly solving a better world means innovating while being positive for nature. It means doing business in a way that protects and conserves nature, while giving back to the planet.

Novo’s comments point out that for eight years Ashland was the title sponsor of the Delaware STEM Educator Awards which recognizes a teacher or team of teachers at the elementary (K-5), middle (6-8) and secondary (6-12) levels who demonstrate innovation and excellence in STEM through teaching, academic collaboration and student engagement. Previous educators have been recognized for programs in robotics, hyponic agriculture, math and more. Recently, some of the educators spoke about their work. For see the video and learn more, visit Ashland Country | STEM support

This month, Ashland’s focused approach to footprint is on display with the announcement of a sustainable guar farming program in Rajasthan, India with a partner, the SM Sehgal Foundation. Under Solvers Responsible for the company initiative, the program has increased farmers’ yields and incomes, reduced their production costs, developed the local economy and had a positive impact on the environment. Ashland’s regional solver teams have many other initiatives underway, and those plans will be shared in the near future. Creative partnerships like these, focused on local needs in the communities where employees live and work, are essential to Ashland’s business success and reinforce its commitment to ESG.

The same goes for Ashland’s support of TNC’s reforestation program. Mature trees can absorb up to 48 pounds of carbon dioxide per year, and once mature, Ashland-supported plantings could result in up to 480,000 pounds of carbon dioxide offset per year.*.

“Nature is the most powerful, out-of-the-box solution available to simultaneously address two of the greatest crises facing the planet today: climate change and biodiversity loss. Planting trees is one of many natural climate solutions that, when implemented alongside global emission reductions from clean energy, will play a vital role in stabilizing our climate,” said Bill Stanley, State Director of The Nature Conservancy, Ohio.

Earlier, Ashland announced it was aligning its operations with the ambitious Paris Climate Agreement goal of limiting global temperature rise to 1.5°C above pre-industrial levels. The company is currently validating emissions data to ensure it sets specific targets for approval. Ashland has also integrated the UN Global Compact and its principles into the company’s business strategy, culture and day-to-day operations.

“We have three fundamental ESG objectives. We use our focused footprint around the world to have a measurable impact on our communities, we are aware of our actions and how we and others can use cutting-edge problem solving to impact communities. climate and social issues, and we are investing in STEM programs and partnerships to create the next generation of responsible Solvers,” said Guillermo Novo, President and CEO of Ashland. “When this strategy comes to fruition, we can and will become a nature-positive business, helping others to do the same.”

More than one billion people in 193 countries participate in Earth Day activities each year, making it the largest civic celebration in the world. To learn more about Ashland’s Earth Day activities, visit www.ashland.com/earthday2022

About Ashland

Ashland Global Holdings Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals. About 3,800 passionate and tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative and elegant solutions to complex problems.
problems for customers in more than 100 countries. To visit ashland.com and ashland.com/sustainability to learn more.

About The Nature Conservancy
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, TNC creates innovative, on-the-ground solutions to our world’s toughest challenges so nature and people can thrive together. TNC is tackling climate change, conserving land, water and oceans on an unprecedented scale, providing food and water sustainably, and helping to make cities more sustainable. Working in 72 countries and territories: 38 through direct conservation impact and 34 through partners, we use a collaborative approach that involves local communities, governments, the private sector and other partners. To learn more, visit www.nature.org.

* Tree Facts at arborday.org

Trademark, Ashland or its subsidiaries, registered in various countries.

FOR MORE INFORMATION

Media Relations:
Carolmarie C. Brown
302-995-3158
ccbrown@ashland.com

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