Belvidere, United States
In December 2014 DSM announced the opening of a solar field at our plant in Belvidere (NJ), United States. The solar field not only stands as a symbol of DSM’s commitment to sustainable manufacturing in the United States, but also produces approximately 30-40% of the Belvidere plant’s electricity needs at peak production.
Internal carbon price
At DSM, using an internal carbon price incorporates the cost of GHG emissions decision-making processes requiring significant capital expenditure. In the current period of first implementation, €50 per ton CO2 equivalents is applied. The number of companies that are applying an internal carbon price is growing. It serves as a useful model for redirecting and scaling up investments towards low-carbon technologies, driving operational efficiencies, especially in markets with a carbon price or in regions where a carbon price is expected to emerge.
To voice DSM’s support for global carbon pricing, DSM has joined the “Carbon Pricing Champions” of the United Nations Caring for Climate initiative and our CEO, Feike Sijbesma, is chair of a High-Level Leadership Forum on Carbon Pricing and Competitiveness supported by the Carbon Pricing Leadership Coalition (CPLC), of which he is former first co-chair representing the private sector.