Ingersoll Rand Sets Industry Standards for Sustainable Progress
February 11 2025 - 4:30PM
Ingersoll Rand Inc., (NYSE: IR) a global provider of
mission-critical flow creation and life science and industrial
solutions, continues to demonstrate meaningful progress against its
ambitious sustainability strategy and goals with new recognition
from
CDP, the
Dow Jones Best-in-Class
Indices (previously the Dow Jones Sustainability Indices),
the
Science Based Targets initiative (SBTi), and
TIME.
As of February 6, 2025, Ingersoll Rand has been recognized with
an “A List” rating by CDP for its effective climate change actions
and environmental leadership. Our company stands out among over
22,000 evaluated for its greenhouse gas reduction, sustainable
product design, and climate management strategies.
As of February 10, 2025, Ingersoll Rand received a score of 81
out of 100 on the 2024 S&P Global Corporate Sustainability
Assessment. The company remained in the top 1% of companies in our
industry (IEQ Machinery and Electrical Equipment industry) and was
included in the Dow Jones Best-in Class World and North America
Indices for the third consecutive year.
In addition, Ingersoll Rand was included on TIME’s inaugural
list of the World’s Best Companies in Sustainable Growth, and its
near-term and net-zero targets have been validated for Scope 1, 2,
and 3 by the SBTi.1 The TIME award and approval of targets by SBTi
reinforce Ingersoll Rand’s commitment to both financial growth and
sustainable leadership.
“Being recognized as an industry leader demonstrates how
Ingersoll Rand is living our purpose of Making Life Better,” said
Vicente Reynal, chairman and chief executive officer of Ingersoll
Rand. “From our new product development process to our revenue
growth strategy and our commitment to employee safety, we are
setting the standard for what it means to leverage sustainability
to drive long-term shareholder value.”
A replay of Ingersoll Rand’s 2024 sustainability investor call
and presentation can be found here.
1 Details on Ingersoll Rand’s validated targets are available on
the SBTi dashboard:
https://sciencebasedtargets.org/companies-taking-action#dashboard.
Forward-Looking Statements
This news release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements related to Ingersoll Rand Inc.’s (the
“Company” or “Ingersoll Rand”) expectations regarding the
performance of its business, its financial results, its liquidity
and capital resources and other non-historical statements. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,”
“forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,”
“intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,”
“would,” “will be,” “on track to” “will continue,” “will likely
result,” “guidance” or the negative thereof or variations thereon
or similar terminology generally intended to identify
forward-looking statements. All statements other than historical
facts are forward-looking statements.
These forward-looking statements are based on Ingersoll Rand’s
current expectations and are subject to risks and uncertainties,
which may cause actual results to differ materially from these
current expectations. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those indicated
or anticipated by such forward-looking statements. The inclusion of
such statements should not be regarded as a representation that
such plans, estimates or expectations will be achieved. Important
factors that could cause actual results to differ materially from
such plans, estimates or expectations include, among others, (1)
adverse impact on our operations and financial performance due to
natural disaster, catastrophe, global pandemics (including
COVID-19), geopolitical tensions, cyber events or other events
outside of our control; (2) unexpected costs, charges or expenses
resulting from completed and proposed business combinations; (3)
uncertainty of the expected financial performance of the Company;
(4) failure to realize the anticipated benefits of completed and
proposed business combinations; (5) the ability of the Company to
implement its business strategy; (6) difficulties and delays in
achieving revenue and cost synergies; (7) inability of the Company
to retain and hire key personnel; (8) evolving legal, regulatory
and tax regimes; (9) changes in general economic and/or industry
specific conditions; (10) actions by third parties, including
government agencies; and (11) other risk factors detailed in
Ingersoll Rand’s most recent Annual Report on Form 10-K filed with
the Securities and Exchange Commission (the “SEC”), as such factors
may be updated from time to time in its periodic filings with the
SEC, which are available on the SEC’s website at
http://www.sec.gov. The foregoing list of important factors is not
exclusive.
Any forward-looking statements speak only as of the date of this
release. Ingersoll Rand undertakes no obligation to update any
forward-looking statements, whether as a result of new information
or development, future events or otherwise, except as required by
law. Readers are cautioned not to place undue reliance on any of
these forward-looking statements.
About Ingersoll Rand Inc.
Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial
spirit and ownership mindset, is dedicated to Making Life Better
for our employees, customers, shareholders, and planet. Customers
lean on us for exceptional performance and durability in
mission-critical flow creation and life science and industrial
solutions. Supported by over 80+ respected brands, our products and
services excel in the most complex and harsh conditions. Our
employees develop customers for life through their daily commitment
to expertise, productivity, and efficiency. For more information,
visit www.IRCO.com.
Contacts:Investor
Relations:Matthew.Fort@irco.com
Media:Meghan.Winston@irco.com
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