LEHIGH VALLEY, Pa., Oct. 12, 2016 /PRNewswire/ -- Air Products (NYSE: APD) has been named to the Dow Jones Sustainability North America Index (DJSI) 2016/2017, again ranked among the top 20 percent of companies in its industry for corporate sustainability performance.
Annually, RobecoSAM invites more than 3,000 publicly traded companies to complete its Corporate Sustainability Assessment, which is used to evaluate each company's economic, environmental, social and governance practices. The companies best managing sustainability opportunities and risks are then selected for inclusion in the DJSI Indices based on an assessment of general and industry-specific sustainability criteria.
"We are pleased to again be listed by the DJSI. Air Products is committed to being among the best in our industry in sustainability, which is also a very important expectation of many of our customers, investors and other key stakeholders. Recognition by sustainability indexes like the DJSI is validation of our commitment to being excellent in what we do," said Seifi Ghasemi, chairman, president and chief executive officer of Air Products. "However, we recognize that the sustainability bar continues to rise, and we need to continue improving the way we do business to remain among the leaders in our industry sector."
Air Products strives daily to achieve its sustainability goals through its "Grow," "Conserve," and "Care" operational initiatives. These initiatives aim to:
- Grow responsibly through sustainability driven opportunities that enable customers to improve sustainability performance through higher productivity, better quality products, reduced energy use, and lower emissions;
- Conserve resources and reduce environmental footprints by setting aggressive environmental performance goals for greenhouse gases, energy, water, and fleet emissions, and measuring progress to continually improve Air Products' own operations; and
- Care for employees, customers and communities, underpinned by a culture of safety, simplicity, speed, and self-confidence. Air Products' goal is zero accidents and zero incidents. The Company is committed to developing its people, supporting communities where it has operations, engaging suppliers, and upholding its integrity.
In addition to the DJSI North America Index, Air Products is also listed prominently on other sustainability indices and is recognized for its sustainability practices and achievements around the globe. For more information about sustainability at Air Products, visit: www.airproducts.com/company/sustainability.aspx.
The Dow Jones Sustainability Indices were launched in 1999 as the first global sustainability benchmarks. The indices are offered by RobecoSAM in collaboration with S&P Dow Jones Indices LCC. The family tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. For more about DJSI, visit: http://www.sustainability-indices.com/.
About Air Products
Air Products (NYSE: APD) is a world-leading Industrial Gases company celebrating 75 years of operation. The company's core Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world's leading supplier of liquefied natural gas process technology and equipment. The company's Performance Materials Division serves the polyurethanes, cleaning and coatings, and adhesives industries.
The company had fiscal 2015 sales of $9.9 billion and has a current market capitalization of approximately $30 billion. Approximately 17,000 employees in 50 countries strive to make Air Products the world's safest and best performing Industrial Gases company, providing sustainable offerings and excellent service to all customers. 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, 2015.
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SOURCE Air Products