Crocs, Inc. has partnered with chemical company Dow to incorporate a bio-based material into its shoes, part of the company’s commitment to being a net zero company by 2030.
That commitment includes achieving a 50 percent reduction in its carbon footprint for each pair of Crocs manufactured, a goal the new material will help it reach, the company said.
The new bio-based formulation of the Croslite material Broomfield, Colorado-based Crocs (NADSAQ: CROX) uses in its shoes is made by Dow (NYSE:…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
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