Air Products’ Sustainability Efforts Earn Spot in the S&P Global Sustainability Yearbook for 5th Year in a Row

Air Products’ sustainability efforts have earned the Company a spot in the S&P Global Sustainability Yearbook for the 5^th year in a row and the 11^th time overall.

The Sustainability Yearbook 2023, published by S&P Global, is one of the world’s most comprehensive publications providing in-depth analysis on corporate responsibility. The annual ranking showcases the sustainability performance of the world’s largest companies in their respective industries. S&P Global assessed over 7,800 companies across over 60 industries this year. To earn a spot in the yearbook, a company must rank within the top 15 percent of companies in its industry and must achieve an S&P Global Sustainability Score within 30 percent of the industry’s top-performing company.

“Sustainability is our growth strategy at Air Products, and it is central to everything we do,” said Seifi Ghasemi, Chairman, President and CEO. “Everyday, Air Products’ employees work with our customers around the world to help build a cleaner, more sustainable future. We are proud to again be included in S&P Global’s Sustainability Yearbook but know there is still much more work to be done.”

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Last year, Air Products announced an additional set of commitments that further demonstrate its sustainability strategy in action. The Company created a new “Third by ’30” carbon dioxide (CO₂) emissions intensity goal for Scope 3 emissions, in addition to its existing Scope 1 and Scope 2 goals, and pledged to reach net-zero carbon emissions from its operations by 2050.

To help reach net zero from its operations by 2050, in step with society’s progress towards achieving net zero, Air Products has identified tangible transition plans for new investments and modifications of existing Company assets, including low- and zero-carbon hydrogen. Air Products also intends to continually increase its use of renewable energy, convert its fleet of about 2,000 trucks to hydrogen fuel cell zero-emission vehicles and implement additional actions.

Inclusion in the S&P Global Sustainability Yearbook 2023 is Air Products’ latest recognition for its sustainability and corporate responsibility efforts. Recently, Air Products earned a place on the Dow Jones Sustainability North America Index for the 13^th year in a row.

SOURCE: PR Newswire