Air Products Ranked in the Top 15 Percent
Among Industry Competitors for Sustainability
Efforts
LEHIGH
VALLEY, Pa., Feb. 7, 2023
/PRNewswire/ -- Air Products' (NYSE: APD) sustainability
efforts have earned the Company a spot in the S&P Global
Sustainability Yearbook for the 5th year in a row and
the 11th time overall.
The Sustainability Yearbook 2023, published by S&P
Global, is one of the world's most comprehensive publications
providing in-depth analysis on corporate responsibility. The annual
ranking showcases the sustainability performance of the world's
largest companies in their respective industries. S&P Global
assessed over 7,800 companies across over 60 industries this
year. To earn a spot in the yearbook, a company must rank
within the top 15 percent of companies in its industry and must
achieve an S&P Global Sustainability Score within 30 percent of
the industry's top-performing company.
"Sustainability is our growth strategy at Air Products, and it
is central to everything we do," said Seifi
Ghasemi, Chairman, President and CEO. "Everyday, Air
Products' employees work with our customers around the world to
help build a cleaner, more sustainable future. We are proud to
again be included in S&P Global's Sustainability Yearbook but
know there is still much more work to be done."
Last year, Air Products announced an additional set of
commitments that further demonstrate its sustainability strategy in
action. The Company created a new "Third by '30" carbon dioxide
(CO2) emissions intensity goal for Scope 3 emissions, in
addition to its existing Scope 1 and Scope 2 goals, and pledged to
reach net-zero carbon emissions from its operations by 2050.
To help reach net zero from its operations by 2050, in step with
society's progress towards achieving net zero, Air Products has
identified tangible transition plans for new investments and
modifications of existing Company assets, including low- and
zero-carbon hydrogen. Air Products also intends to continually
increase its use of renewable energy, convert its fleet of
about 2,000 trucks to hydrogen fuel cell zero-emission vehicles and
implement additional actions.
Inclusion in the S&P Global Sustainability Yearbook 2023 is
Air Products' latest recognition for its sustainability and
corporate responsibility efforts. Recently, Air Products earned a
place on the Dow Jones Sustainability North America Index for the
13th year in a row.
In 2022, Air Products was again named one of America's Most
Responsible Companies by Newsweek and one of America's Best
Employers for Diversity by Forbes. Air Products also earned
a spot on Barron's 100 Most Sustainable Companies List for
the fourth year in a row and was included in the Human Rights
Campaign Foundation's Corporate Equality Index.
To learn more about Air Products' efforts, achievements and
sustainability goals, visit Air Products' Sustainability
website.
About Air Products
Air Products (NYSE: APD) is a world-leading industrial gases
company in operation for over 80 years focused on serving energy,
environmental, and emerging markets. The Company has two growth
pillars driven by sustainability. Air Products' base business
provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemicals, metals, electronics, manufacturing,
and food. The Company also develops, engineers, builds, owns and
operates some of the world's largest industrial gas and
carbon-capture projects, supplying world-scale clean hydrogen for
global transportation, industrial markets, and the broader energy
transition. Additionally, Air Products is the world leader in the
supply of liquefied natural gas process technology and equipment,
and globally provides turbomachinery, membrane systems and
cryogenic containers.
The Company had fiscal 2022 sales of $12.7 billion from operations in over 50
countries and has a current market capitalization of about
$70 billion. More than
21,000 passionate, talented and committed employees from
diverse backgrounds are driven by Air Products' higher purpose to
create innovative solutions that benefit the environment, enhance
sustainability and reimagine what's possible to address the
challenges facing customers, communities, and the world. For more
information, visit www.airproducts.com or follow us on
LinkedIn, Twitter, Facebook or Instagram.
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SOURCE Air Products