LEHIGH VALLEY, Pa.,
Nov. 2, 2015 /PRNewswire/ -- Air
Products (NYSE:APD) has published its latest Sustainability Report,
reporting its economic, environmental and social performance
according to the Global Reporting Initiative (GRI) 3.1
Guidelines.
GRI, which provides the world's most widely used standards on
sustainability reporting and disclosure, confirmed that the report
was prepared at Application Level A+. The Report details the
company's 2014 performance aligned to its Grow •
Conserve • Care approach to sustainability
management.
"Much has changed over our 75 years of operation, but what
hasn't changed are the core values of Air Products, including our
commitment to sustainability," said Chairman, President and CEO
Seifi Ghasemi. "By improving our
customers' operations while working to improve our own, we drive
our profitability and advance our mission to create value for our
shareholders."
- Grow: More than 50 percent of Air Products' prior-year
revenues were from improving customers' energy efficiency and
emissions, and about half of the company's R&D budget was
applied toward environmental and energy innovations. Air Products
supplies gases and applications technology to dozens of industries,
with technology ranging from oxyfuel burners, to steam methane
reforming, to liquefied natural gas process equipment.
- Conserve: With more than 750 Air Products production facilities
around the world, the company designs its plants and manages its
operations to continually improve its operating efficiencies. As a
result, the company has met nearly all of it environmental
sustainability goals to reduce energy consumption, greenhouse
gases, water use, hazardous waste, and other emissions. The company
has also avoided over $450 million in
cumulative energy and water costs since 2007 due to these
improvements.
- Care: The company is striving for zero accidents and zero
incidents, tied to its goal of becoming the safest and most
profitable industrial gas company in the world, providing excellent
service to customers. Air Products' social responsibility approach
also includes employee development, community engagement, supplier
relationship management, and governance practices.
Recognized for Sustainability Leadership
Air Products continues to be recognized for its sustainability
commitment and practices, including being named to the 2015/2016
Dow Jones Sustainability North America Index, the 2015/2016
STOXX® Global ESG Leaders Indices, the Ethibel
Excellence Global Sustainability Index and Pioneer and Excellence
Registers for 2015, and one of the 100 Best Corporate Citizens List
for CR Magazine for 2015, among others. Access the company's latest
GRI report and more information about sustainability on Air
Products' sustainability web site.
About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company
celebrating 75 years of operation. The company's core Industrial
Gases business provides atmospheric and process gases and related
equipment to manufacturing markets, including refining and
petrochemical, metals, electronics, and food and beverage. Air
Products is also the world's leading supplier of liquefied natural
gas process technology and equipment. The company's Materials
Technologies business, which Air Products intends to spin-off by
September 2016, serves the
semiconductor, polyurethanes, cleaning and coatings, and adhesives
industries.
The company had fiscal 2015 sales of $9.9
billion and was ranked number 284 on the Fortune 500 annual
list of public companies. Approximately 20,000 employees in 50
countries strive to make Air Products the world's safest and best
performing Industrial Gases company, providing sustainable
offerings and excellent service to all customers. 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,
2014.
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SOURCE Air Products