Air Products Again Recognized on CDP™ Global 500 Climate Disclosure Leadership Index
LEHIGH VALLEY, Pa., Sept. 17, 2013 /PRNewswire/ -- Air Products (NYSE: APD), a leading global supplier of gases, materials, technology and equipment solutions, has again achieved a position on the CDP™ Global 500 Climate Disclosure Leadership Index (CDLI), ranking among the top 10 percent scoring companies demonstrating levels of commitment to, and experience with, climate disclosure.
Representing 722 institutional investors with $87 trillion in assets, CDP holds the largest collection globally of primary corporate climate change and water data. This annual index, compiled by PwC on behalf of CDP, highlights those companies listed on the FTSE Global Equity Index Series (Global 500) that have displayed a strong approach to the disclosure of information regarding climate change. Companies are scored out of 100 on the completeness and standard of their submissions.
"It is an honor to be recognized by CDP again this year for our commitment and leadership in climate change disclosure," said Guillermo Novo, senior vice president and general manager, Electronics, Performance Materials, Strategy and Technology, and executive champion of the Sustainability Council. "As we demonstrate progress toward our own GHG and energy reduction goals, we continue to explore new markets and opportunities where our expertise in technology and products brings cost-effective solutions to improve our customers' productivity, and reduce their overall supply-chain environmental impact."
Today, Air Products is the world's leading supplier of hydrogen for processing cleaner burning transportation fuels and hydrogen infrastructure and fueling technology, with more than 160 hydrogen fueling projects in 20 countries. The company is also known for its leadership supplying liquefied natural gas technology and equipment; electronic gases and materials for more energy efficient chips and displays; high-efficiency burner systems for manufacturing glass and steel with lower emissions; and performance materials for environmentally preferred coatings and adhesives. Air Products also plays a key role supplying proprietary carbon capture technology for some of the largest capture and storage demonstration projects in the world. To learn more, visit www.airproducts.com/company/Sustainability.aspx.
About Air Products
Air Products (NYSE: APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 20,000 employees in over 50 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air Products had sales approaching $10 billion. For more information, visit www.airproducts.com.
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest-risk information and puts these insights at the heart of strategic business, investment and policy decisions. For more information, visit: www.cdproject.net.
NOTE: This release may contain 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 reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company's Form 10K for its fiscal year ended September 30, 2012.
SOURCE Air Products