At Dover Corporation, we believe that green business is good business. That’s why Dover companies are committed to creating economic value for shareholders and customers through sustainable practices that protect the long term well-being of the environment. From greenhouse gas and waste reductions, to increased energy efficiency, Dover is striving to meet the global environmental needs of today and tomorrow. As a worldwide, diversified manufacturer of industrial products, we are ideally positioned to make a positive difference on a large scale.

What Is SustainAbility?

At Dover, the term SustainAbility represents our commitment to the journey of continuous improvements in our environmental protection efforts.

Dover businesses have embarked on a long-term commitment to operational excellence. Our success and progress will be gauged by metrics specific to each business unit, such as reductions in greenhouse gas emissions, volatile organic compounds (VOC), metal and cardboard consumption and landfill utilization. In addition to being socially responsible, leaving a smaller environmental footprint gives us the power to reduce operational costs and maximize profitability.

Our commitment extends from achieving operational milestones, to answering the needs of our customers. We are continuously developing new and innovative products that deliver compelling green benefits. By utilizing Dover solutions, our customers not only realize cost savings, but also take important steps towards fulfilling their own goals of social and environmental responsibility.

Key Principles of Dover’s SustainAbility Initiative:

• Sustainable business practices create economic value for our shareholders and customers
• We are committed to reducing greenhouse gas emissions, waste and energy consumption
• We will continuously review and evaluate our business practices to identify and act on new opportunities for sustainability
• We will work to develop new metrics for our success and progress

Dover SustainAbility Policy

At Dover we pride ourselves on our culture of trust, accountability and honesty in everything we do. We have a commitment and a responsibility to create economic value for shareholders and customers through practices that help protect the long-term well-being of the environment, our employees, and the communities in which we operate. As a worldwide, diversified manufacturer of highly-engineered products, we are ideally positioned to have a positive impact on a broad scale.
In accordance with our SustainAbility Policy, we will:

• manage the potential physical, regulatory, operational and financial risks and opportunities to our businesses related to climate change.
• monitor, review and improve the energy and greenhouse gas efficiency of our products, services and operations.
• communicate and engage with customers, shareholders and employees regarding our energy and greenhouse gas performance.

Dover SustainAbility Report

In 2010, Dover made significant strides in assessing our greenhouse gas emissions. In mid-2010, we launched our SustainAbility Metrics Tool to collect the information needed to create an inventory of our greenhouse gas emissions from our operating companies. The greenhouse gas inventory includes emissions from the following sources that are owned or wholly-operated by Dover operating companies:

• Purchased energy
• Stationary combustion
• Mobile sources
• Refrigerant losses

Using this information, we also assessed our energy usage, along with our greenhouse gas emissions, to arrive at our 2010 footprint. The following table presents the results of this evaluation.

*Total energy usage is comprised of purchased energy and stationary combustion.

In addition to quantifying greenhouse gas emissions, we also assessed the potential risks and opportunities facing our businesses related to climate change. In early 2011, Dover developed an Energy and Greenhouse Gas Strategy to ensure that we are proactively managing these potential risks and opportunities. An overview of Dover's strategy, including Dover's SustainAbility Policy, energy and greenhouse gas reduction goals, and programs to achieve these goals, are provided below.

Goals

We are committed to reducing our greenhouse gas emissions and energy consumption. To that end, Dover is committed to the achievement of the following reduction goals by 2020 using 2010 as the base year.

We anticipate achieving these reduction goals through a combination of programs, including:

• Energy assessments and energy management plans at the companies/sites with the highest energy consumption and greenhouse gas emissions.
• Global programs to drive consistency and energy reductions (e.g., procurement, building standards, business continuity planning). 
• Assessment of renewable energy options at select sites, where appropriate.
• Communication and engagement with key stakeholders regarding energy and greenhouse gas performance.