Ingersoll Rand Selected for the 2016 Dow Jones Sustainability World and North America Indices for Sixth Consecutive Year
September 08 2016 - 4:00PM
Business Wire
Ingersoll Rand (NYSE:IR), a world leader in creating
comfortable, sustainable and efficient environments, has been named
to the 2016 Dow Jones Sustainability World and North America
Indices for a sixth consecutive year. Continued placement on this
index series showcases the company’s position as an economic,
environmental and social leader among peer companies.
Ingersoll Rand products and services help save energy, transport
food and perishables, and spur economic growth. Our business
operations reflect a longstanding commitment to innovation,
sustainability and corporate citizenship aimed at leading the way
to a better world. Our economic, environmental and social
contributions enhance the company’s financial results, creating
value for our employees, shareholders and business partners.
“We are honored by this repeated recognition on the Dow Jones
Sustainability World and North America Indices. Inclusion in the
Dow Jones indices validates our strategy and commitment, while also
allowing us to benchmark against peer companies,” said Gary Michel,
senior vice president and president of Residential Heating,
Ventilation and Air Conditioning and Supply. “I’m proud of our
team’s dedication, discipline and innovation that enables us to
continue improving. In addition, we are well positioned and have
the expertise to help our customers as they embark on their energy
efficiency, economic productivity and greenhouse gas mitigation
journeys.”
The Dow Jones Sustainability Indices launched in 1999 as the
first global sustainability benchmarks. The indices are offered
cooperatively by RobecoSAM and S&P Dow Jones Indices. The
indices serve as benchmarks for investors who integrate
sustainability considerations into their portfolios, and provide an
effective engagement platform for companies who want to adopt
sustainable best practices.
Ingersoll Rand Climate
Commitment
Ingersoll Rand made a commitment to significantly reduce
greenhouse gas (GHG) emissions from its products and operations by
2030. The company’s Climate Commitment pledges to:
- Cut the refrigerant GHG footprint of
its products by 50 percent by 2020 and incorporate lower global
warming potential (GWP) alternatives across its portfolio by
2030;
- Invest $500 million in product-related
research and development over the next five years to fund the
long-term reduction of GHG emissions; and
- Reduce company operations-related GHG
emissions by 35 percent by 2020.
To date, the commitment has supported the avoidance of
approximately 2 million metric tons of CO2e globally, which is the
equivalent of avoiding annual CO2 emissions from energy used in
more than 270,000 homes or more than 2.1 billion pounds of coal
burned. In support of the commitment, Ingersoll Rand launched
EcoWise™, a portfolio of products designed to lower environmental
impact with next-generation, low-global warming potential
refrigerants and high efficiency operation. By 2030, the company
expects to reduce its carbon footprint by 50 million metric
tons.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by
creating comfortable, sustainable and efficient environments. Our
people and our family of brands — including Club Car®, Ingersoll
Rand®, Thermo King® and Trane® — work together to enhance the
quality and comfort of air in homes and buildings; transport and
protect food and perishables; and increase industrial productivity
and efficiency. We are a $13 billion global business committed to a
world of sustainable progress and enduring results. For more
information, visit www.ingersollrand.com.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial,
is the world’s largest, global resource for index-based concepts,
data and research. Home to iconic financial market indicators, such
as the S&P 500® and the Dow Jones Industrial Average™, S&P
Dow Jones Indices LLC has over 115 years of experience constructing
innovative and transparent solutions that fulfill the needs of
investors. More assets are invested in products based upon our
indices than any other provider in the world. With over 830,000
indices covering a wide range of asset classes across the globe,
S&P Dow Jones
Indices LLC defines the way investors measure and trade the
markets. To learn more about the company, please visit
www.spdji.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160908006355/en/
Ingersoll RandDan Berei, 704-655-5018dand.berei@irco.com
Ingersoll Rand (NYSE:IR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Ingersoll Rand (NYSE:IR)
Historical Stock Chart
From Sep 2023 to Sep 2024