Ingersoll Rand Ranks on Corporate Responsibility Magazine 100 Best Corporate Citizens List for Fourth Consecutive Year
April 21 2017 - 8:00AM
Business Wire
Ingersoll Rand (NYSE: IR), a world leader in creating
comfortable, sustainable and efficient environments, is named to
Corporate Responsibility (CR) Magazine’s annual 100 Best Corporate
Citizens List for the fourth consecutive year.
The 100 Best Corporate Citizens List documents 260 data points
of disclosure and performance measures — harvested from publicly
available information in seven categories: environment, climate
change, employee relations, human rights, governance, finance, and
philanthropy & community support.
“Ingersoll Rand is committed to improving all aspects of
sustainability – business, social and environmental – with the goal
of creating long-term value for our people, our customers and the
communities in which we live and work,” said Michael W. Lamach,
chairman and chief executive officer of Ingersoll Rand. “Achieving
placement on the 100 Best Corporate Citizens List for the fourth
year in a row is a humbling honor, and we are pleased to again be
recognized for transparent and responsible business practices.”
The 100 Best Corporate Citizens List was first published in 1999
in Business Ethics Magazine, and has been managed by CR Magazine
since 2007. To compile the list, every company in the Russell 1000
– the highest ranked stocks in the Russell 3000 Index of publicly
held U.S. companies – is ranked according to 260 data points. The
methodology for generating the list is governed by the Ratings and
Rankings Thought Leadership Council of the Corporate Responsibility
Association (CRA).
“CR Magazine is proud to present the only ranking list that
doesn’t rely on self-reporting,” said Elliot Clark, CEO of CR
Magazine. “Each year, the 100 Best Corporate Citizens List measures
the success of the corporate responsibility movement by celebrating
the most successful, most transparent companies who report on their
responsible practices. We congratulate those honored on this year’s
list for their commitment to corporate responsibility.”
CR Magazine is America’s leading voice on corporate
responsibility, providing case studies, analyzing best practices,
and tracking trends in the five primary segments of CR: energy and
the environment, risk management, governance and compliance,
employee relations, and human rights.
Ingersoll Rand Climate
Commitment
Ingersoll Rand made a Climate Commitment to reduce greenhouse
gas (GHG) emissions from its products and operations by 2030. The
Ingersoll Rand Climate Commitment pledged to:
- Cut the refrigerant GHG footprint of
its products by 50 percent by 2020 and incorporate lower global
warming potential (GWP) alternatives across its portfolio by
2030;
- Invest $500 million in product-related
research and development over the next five years to fund the
long-term reduction of GHG emissions; and
- Reduce company operations-related GHG
emissions by 35 percent by 2020.
To date, the company’s Climate Commitment has supported the
avoidance of approximately 2 million metric tons of CO2e globally,
which is the equivalent of avoiding annual CO2 emissions from
energy used in more than 270,000 homes or more than 2.1 billion
pounds of coal burned. By 2030, the company expects to reduce its
carbon footprint by 50 million metric tons.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by
creating comfortable, sustainable and efficient environments. Our
people and our family of brands — including Club Car®, Ingersoll
Rand®, Thermo King® and Trane® — work together to enhance the
quality and comfort of air in homes and buildings; transport and
protect food and perishables; and increase industrial productivity
and efficiency. We are a $13 billion global business committed to a
world of sustainable progress and enduring results. For more
information, visit www.ingersollrand.com.
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Ingersoll RandDan Berei, 704-655-5018dand.berei@irco.com
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