LEHIGH VALLEY, Pa.,
June 7, 2021 /PRNewswire/ -- Air
Products (NYSE:APD) published its 2021 Sustainability Report today
detailing the Company's sustainability goals, achievements and
showcasing how its industrial gases and expertise help customers
reduce their environmental impact. The report also provides
stakeholders with economic, environmental and social performance
data, in accordance with the Global Reporting Initiative (GRI)
standards "Core" option.
"Put simply, sustainability is our growth strategy at Air
Products. Sustainability creates our growth opportunities, and our
growth opportunities support our sustainability goals and focus,"
said Seifi Ghasemi, Air Products'
Chairman, President and Chief Executive Officer. "Throughout 2020,
the world has faced unparalleled challenges from the COVID-19
pandemic. I am extremely proud of the work of our talented and
committed team at Air Products for working tirelessly to safely
operate our more than 750 production facilities around the world to
supply customers with essential industrial gases and execute global
megaprojects that are enabling a transition to a cleaner energy
future."
The Sustainability Report highlights Air Products' "Third by
'30" goal to reduce its carbon dioxide (CO2)
emissions intensity (kg CO2/MM BTU) by one-third by 2030
from a 2015 baseline. This year's report also continues Air
Products' "Grow, Conserve, and Care" sustainability framework and
covers important sustainability priorities based on feedback from
key stakeholders.
That strategy has produced positive results, as Air Products
achieved many of its 2020 sustainability goals, established in
2016. Below are a few highlights and results of the "Grow, Conserve
and Care" focus:
- Grow – In 2020, Air Products generated 57 percent of
revenues from sustainable offerings, and Air Products' industrial
gases and technologies enabled customers to avoid the equivalent of
72 million metric tons of carbon dioxide emissions. This figure is
three times Air Products' own direct and indirect CO2
emissions.
- Conserve – Air Products avoided 1.3 million metric tons
of CO2e through efficiency improvements and continued to
build on its leading technologies for gasification, carbon capture
and hydrogen for mobility to power the broader energy
transition.
- Care – By 2025, Air Products aims to achieve at least 28
percent female representation in its professional and managerial
population globally, and at least 20 percent minority
representation in the same population in the United States. In 2020, the Air Products
Foundation contributed $6.4 million
in charitable donations to community organizations.
The Sustainability Report also cites several important
recognitions received by the Company. Air Products' sustainability
efforts have been recognized by Barron's, which named Air Products
as the top climate aligned company in its 2021 Ranking of the
Most Sustainable Companies in America. Overall, Barron's ranked Air
Products 13th on its 100 Most Sustainable Companies
list, up 20 spots from the previous year.
The Barron's recognition was the latest for Air Products, which
also was recently included in the S&P Global 2020
Sustainability Yearbook and the Corporate Knights' Clean 200
listing for the third year in a row. The Clean 200 was established
in 2016 and ranks the largest publicly-listed companies by their
clean energy reviews. Air Products also has been named to the Wall
Street Journal's 100 Most Sustainably Managed Companies list. In
addition, in November, Air Products was named to the Dow Jones
Sustainability North America Index (DJSI) for the 11th consecutive
year. The 2020/2021 DJSI recognition ranks Air Products among the
top 20 percent of North American companies in its industry group
for corporate sustainability performance.
The full Sustainability Report, supporting documents and a short
video of Sustainability Report highlights are available on the
Company's Sustainability website.
About Air Products
Air Products (NYSE:APD) is a
world-leading industrial gases company in operation for 80 years.
Focused on serving energy, environment and emerging markets, the
Company provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemical, metals, electronics, manufacturing,
and food and beverage. Air Products is also the global leader in
the supply of liquefied natural gas process technology and
equipment. The Company develops, engineers, builds, owns and
operates some of the world's largest industrial gas projects,
including: gasification projects that sustainably convert abundant
natural resources into syngas for the production of high-value
power, fuels and chemicals; carbon capture projects; and
world-scale carbon-free hydrogen projects supporting global
transportation and the energy transition.
The Company had fiscal 2020 sales of $8.9
billion from operations in 50 countries and has a current
market capitalization of about $65
billion. More than 19,000 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 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.
Cautionary Note Regarding Forward-Looking Statements: This
release contains "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 expectations and assumptions as of the date of this
release and are not guarantees of future performance.
While forward-looking statements are made in good
faith and based on assumptions, expectations and projections that
management believes are reasonable based on currently available
information, actual performance and financial results may differ
materially from projections and estimates expressed in the
forward-looking statements because of many factors,
including risk factors described in our Annual Report on Form 10-K
for the fiscal year ended September 30,
2020. Except as required by law, we disclaim
any obligation or undertaking to update or revise any
forward-looking statements contained herein to reflect any change
in the assumptions, beliefs or expectations or any change in
events, conditions or circumstances upon which any such
forward-looking statements are based.
View original
content:http://www.prnewswire.com/news-releases/air-products-publishes-2021-sustainability-report--sustainable-growth-for-a-sustainable-future-301307023.html
SOURCE Air Products