LEHIGH VALLEY, Pa.,
Oct. 5 /PRNewswire/ -- Air Products
(NYSE: APD) has again been named a Maplecroft Climate Innovation
Indexes (CIIs) Leader, ranking first in the chemical industry
subsector and fourth overall among the largest U.S. companies
evaluated for their climate-related innovation and carbon
management programs.
The Maplecroft CIIs are calculated by Bloomberg and based on
evaluations by global analysis firm, Maplecroft. An initial
universe of approximately 1,300 US stocks with a free-float market
capitalization of more than US $1
billion was narrowed to 339 benchmark companies that are
engaged in public climate-related programs. From this subset, 100
Maplecroft CII Leaders were determined based on an assessment
against more than 100 performance criteria across five major
climate innovation categories: management systems, mitigation of
emissions, emissions reductions, adaptation and innovation. Fifty
percent of the companies' final rating scores were based on the
innovation category, with a focus on new technologies and
initiatives that capitalize on climate-related opportunities.
"Our portfolio of offerings that help reduce greenhouse gases
and address energy concerns continues to grow and provide
sustainable competitive advantage for our customers and for Air
Products," said Pat Loughlin, vice
president, Environment, Health, Safety and Quality and chair of Air
Products' Sustainability Council. "We are proud to again be
recognized by Maplecroft for that strong pipeline of innovation,
financial performance and drive for continuous improvement in
emissions management."
***NOTE: This release contains forward-looking statements based
on management's reasonable expectations and assumptions as of the
date this presentation is made. Actual performance may differ
materially because of many factors not anticipated by management,
including, without limitation, successful development and market
acceptance of the company's products and applications; future
financial and operating performance of customers and industries
served by the Company; the impact of new or changed
environmental legislation and regulations in jurisdictions in
which the Company and its affiliates operate; and other risk
factors described in the Company's Form 10-K for its fiscal year
ended 30 September 2009.
EDITOR'S NOTE: Air Products was named a Maplecroft CII
Leader when the indexes were first launched in January 2010:
www.airproducts.com/PressRoom/CompanyNews/Archived/2010/26Jan2010.htm.
SOURCE Air Products
Copyright t. 5 PR Newswire