LEHIGH VALLEY, Pa.,
Sept. 21, 2011 /PRNewswire/ --
Following its inclusion on the Carbon Disclosure Project's (CDP)
Global 500 Carbon Disclosure Leadership Index (CDLI) and
Performance Leadership Index (CPLI), Air Products (NYSE: APD) also
has been named a constituent of CDP's S&P 500 CDLI and CPLI for
2011.
Representing 551 institutional investors with $71 trillion in assets under management, CDP
holds the largest database of corporate climate change information
in the world. Air Products scored 92 out of a possible 100 in
the S&P 500 CDLI and is one of 11 S&P 500 Index firms
recognized in the CPLI for climate change disclosure, commitment to
strategy, governance, stakeholder communications and emissions
reduction.
The new S&P 500 ranking follows Air Products' inclusion in
the Global 500 CDLI and as one of 29 companies named in the Global
500 CPLI, as announced last week.
John E. McGlade, chairman,
president and chief executive officer of Air Products, was quoted
in the CDP's news release, saying, "We are honored to be ranked by
CDP among the top tier companies on its Carbon Disclosure and
Performance Leadership Indexes and recognized for our commitment to
climate change policy disclosure, strategy development, and our
energy and emissions reduction programs. The carbon management
practices highlighted by the CDP Leadership Indexes have helped Air
Products lay a strong foundation for our broader sustainability
efforts."
Air Products has participated in the CDP's information requests
since 2003. As a subset of the company's Sustainability Council,
Air Products' Greenhouse Gas Strategy Team serves as its
companywide center of excellence on climate change and leads Air
Products' efforts to explore new markets and technologies. Research
and development efforts include partnering with appropriate
government agencies and industry consortiums around the world to
advance new solutions and technologies for energy efficiency and
carbon capture. To learn more, visit
www.airproducts.com/company/Sustainability.
About CDP
The Carbon Disclosure Project (CDP) is an independent
not-for-profit organization holding the largest database of primary
corporate climate change information in the world. Some 3,000
organizations across the world's largest economies now measure and
disclose their greenhouse gas emissions and climate change
strategies through CDP, in order that they can set reduction
targets and make performance improvements. This data is gathered on
behalf of 551 institutional investors, holding US$71 trillion in assets. For more information,
visit www.cdproject.net.
About Air Products
Air Products (NYSE: APD) serves customers in industrial, energy,
technology and healthcare markets worldwide with a unique portfolio
of atmospheric gases, process and specialty gases, performance
materials, and equipment and services. Founded in 1940, Air
Products has built leading positions in key growth markets such as
semiconductor materials, refinery hydrogen, home healthcare
services, natural gas liquefaction, and advanced coatings and
adhesives. The company is recognized for its innovative culture,
operational excellence and commitment to safety and the
environment. In fiscal 2010, Air Products had revenues of
$9 billion, operations in over 40
countries, and 18,300 employees around the globe. For more
information, visit www.airproducts.com.
***NOTE: This release may contain forward-looking statements
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on management's reasonable expectations and assumptions as of
the date of this release regarding important risk factors. Actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors not anticipated by management,
including risk factors described in the Company's Form 10K for its
fiscal year ended September 30,
2010.
EDITOR'S NOTE:
For 2011, the S&P 500 Carbon Disclosure Leadership Index
comprises 55 companies from the S&P 500 Index based on analysis
of the responses to CDP's questionnaire, which focused on
greenhouse gas emissions, emissions reduction targets, and risks
and opportunities associated with climate change. The S&P 500
Carbon Performance Leadership Index includes 11 companies from the
S&P 500 Index and highlights those companies within the S&P
500 Index which have demonstrated a strong commitment to strategy,
governance, stakeholder communications and emissions reduction in
their CDP responses.
SOURCE Air Products