Ingersoll Rand Selected for the 2017 Dow Jones Sustainability World and North America Indices for Seventh Consecutive Year
September 07 2017 - 11:00AM
Business Wire
For the seventh consecutive year, Ingersoll Rand (NYSE:IR), a
world leader in creating comfortable, sustainable and efficient
environments, has been named to the Dow Jones Sustainability World
and North America Indices. 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 heat, cool and automate
homes and buildings; enhance commercial and industrial
productivity; keep transported food and perishables safe and fresh;
and deliver fun, efficient and reliable transportation solutions.
Our business operations reflect a longstanding commitment to
innovation, sustainability and corporate citizenship aimed at
leading the way to a better world.
“There’s more to a company’s purpose than generating great
financial results,” said Michael W. Lamach, chairman and chief
executive officer of Ingersoll Rand. “We have an obligation to
anticipate and address pressing global trends that impact the way
we live, work and move. That’s why our focus on business, social
and environmental sustainability guides both what we do and how we
do it. Inclusion on the Dow Jones Sustainability World and North
America Indices over the past seven years is an honor, and
recognizes the longstanding positive impact our people have on the
world.”
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
CommitmentIngersoll 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 6.7 million metric tons of CO2e globally, which is
the equivalent of avoiding annual CO2 emissions from energy used in
more than 700,000 homes. To support 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 RandIngersoll 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 IndicesS&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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170907006015/en/
Ingersoll RandDan Berei, 704-655-5018dand.berei@irco.com
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