LEHIGH VALLEY, Pa., January 4, 2023 /PRNewswire/ — Air Products (NYSE:APD) has earned a spot on the Dow Jones Sustainability North America (DJSI) Index for the 13th consecutive year. The DJSI 2022 places Air Products among the top 20% of North American companies in its industry group based on long-term economic, environmental and social criteria.
“It is an honor to be recognized again by DJSI for our sustainability efforts,” said Simon Moore, vice president of investor relations, corporate relations and sustainability at Air Products. “Inclusion in the DJSI for many years illustrates Air Products’ long-standing commitment to sustainability, which is at the heart of everything we do. Sustainability is our growth strategy at Air Products. Last year, we committed to invest at least $15 billion in clean energy megaprojects to accelerate the energy transition and set targets for reducing our CO2 emissions2 emissions intensity and achieve net zero emissions in our operations by 2050.”
In 2022, Air Products announced plans for two green hydrogen facilities, including a 35 metric ton per day facility to produce green liquid hydrogen in Massena, New York and a joint venture with AES to invest approximately $4 billion build a large-scale green hydrogen production facility in Wilbarger County, Texas. These two new projects are in addition to several hydrogen megaprojects that Air Products is already executing in the United States and around the world. Air Products is also partnering with several ports to bring green hydrogen to Europe.
DJSIs are free float-adjusted market capitalization-weighted indices that measure the performance of companies selected according to environmental, social and governance (ESG) criteria. The DJSI indices apply a transparent, rules-based constituent selection process based on companies’ S&P Global ESG score resulting from the annual S&P Global Corporate Sustainability Assessment (CSA). This year, more than 10,000 publicly traded companies were invited to participate in the S&P Global CSA which consists of a rigorous questionnaire evaluating public and non-public data submitted by participating companies.
Inclusion in the DJSI is Air Products’ latest recognition for its sustainability and corporate responsibility efforts. Recently, Air Products was again named one of America’s Most Responsible Companies by Newsweek.
In 2022, Air Products was also named one of America’s Best Diversity Employers by Forbes and won a place on Barrons List of the 100 most sustainable companies for the fourth consecutive year. Air Products received a Gold Medal for its corporate social responsibility (CSR) performance from EcoVadis, a multinational CSR rating agency, for the fifth consecutive year, and was included in the index of Human Rights Campaign Foundation Business Equality.
To learn more about Air Products’ sustainability efforts, accomplishments and goals, visit the Air Products Sustainability website.
About Air Products
Air Products (NYSE: APD) is a global industrial gases leader in business for more than 80 years, focused on energy, environmental and emerging markets. The Company has two growth pillars focused on sustainability. Air Products’ core business provides critical industrial gases, equipment and related application expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing and food. The Company also develops, designs, builds, owns and operates some of the world’s largest industrial gas and carbon capture projects, providing clean hydrogen globally for global transportation, industrial markets and transition energy in the broad sense. In addition, Air Products is the world’s leading provider of liquefied natural gas processing technology and equipment, and provides worldwide turbomachinery, membrane systems and cryogenic containers.
During the 2022 financial year, the Company achieved a turnover of $12.7 billion operations in over 50 countries and has a current market capitalization of approximately $70 billion. More than 21,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose of creating innovative solutions that benefit the environment, improve sustainability and reinvent what is possible to meet challenges. faced by customers, communities and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, TwitterFacebook or Instagram.
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SOURCE Air Products