LEHIGH VALLEY, Pa., Sept. 8, 2011 /PRNewswire/ -- Recognized for its performance as a sustainability-driven company, Air Products (NYSE: APD), a leading global supplier of gases, materials, technology and equipment solutions, has been included as a component of the Dow Jones Sustainability World Index and North America Index for 2011/2012.
Each year, Sustainable Asset Management Group (SAM), based in Zurich, Switzerland, invites the largest 2,500 companies across 57 industry groups within the Dow Jones Global Total Stock Market Index(SM) to participate in the DJSI annual review. Inclusion on the World Index ranks Air Products among the top 10 percent of companies globally within its industry sector. Similarly, Air Products' inclusion on the DJSI North America Index places it among the top 20 percent of companies in its sector in North America.
To determine best-in-class performers, SAM, together with Dow Jones Indexes, consider a variety of economic, environmental and social performance factors, including corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices.
"Delivering solutions that help address pressing challenges is what Air Products people around the world do every day," said John McGlade, chairman, president and chief executive officer of Air Products, "and we continue to see great opportunities for the future. We're very proud to be recognized by the DJSI Indexes for our commitment to sustainability and to driving improvements in our own performance while helping customers reduce their emissions, improve energy efficiency and produce better quality end products."
In addition to the DJSI Indexes (www.sustainability-index.com/), Air Products remains a component of other international sustainability indices, including FTSE4Good and Ethibel's Sustainability Indexes, as well as the Maplecroft Climate Innovation Indexes, among others. Air Products recently published its 2011 Global Reporting Initiative (GRI) G3 Sustainability Report describing its sustainability priorities, impacts and opportunities. The full report is available on the company's Web site at www.airproducts.com/company/Sustainability/sustainability-reports.aspx.
Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 8 billion in assets under management in a variety of financial products including mutual funds, separate accounts, notes and exchange-traded funds (ETFs). With approximately 60 licenses, the DJSI have been linked to financial products in 16 countries, an indication of investors' increasing appetite to utilize the index as a means to reflect their sustainability convictions within their portfolios. For more information, visit www.sustainability-index.com/.
About Air Products
Air Products (NYSE: APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. For more information, visit www.airproducts.com.
***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, 2010.
SOURCE Air Products