Air Products Again Included on Carbon Disclosure Project’s (CDP) Carbon Disclosure Leadership Index
LEHIGH VALLEY, Pa., Sept. 18, 2012 /PRNewswire/ — Air Products (NYSE: APD), a leading global supplier of gases, materials, technology and equipment solutions, is again included on the Carbon Disclosure Project (CDP) Carbon Disclosure Leadership Index (CDLI), which recognizes the top 10 percent of S&P 500 and Global 500 companies in terms of climate transparency. Air Products is the only industrial gas company selected to the Global and S&P 500 CDLI for 2012.
Representing 655 institutional investors with $78 trillion in assets, CDP holds the largest collection globally of primary corporate climate change and water data. Compiled by PwC on CDP’s behalf, the CDLI features the top companies that demonstrate leadership in climate change disclosure, have strong internal data management practices for measuring greenhouse gas (GHG) emissions and energy, and a good understanding of the business issues related to climate change.
“It is an honor to be recognized by CDP again this year for our transparency and leadership in climate change disclosure,” said Corning Painter, senior vice president, Supply Chain and chair of Air Products’ Sustainability Council. “Energy efficiency and emissions reduction are core to our business. As we progress our own GHG and energy reduction goals, we also continue to pursue new offerings and advanced technologies that improve our customers’ productivity and help them reach their environmental goals.”
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 150 fueling stations 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 largest capture and storage demonstrations 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 2011, Air Products had sales of approximately $10 billion. 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, 2011.
The Carbon Disclosure Project (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 harnesses the power of market forces, including 655 institutional investors with assets of US$78 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and water risk and opportunity. CDP now holds the largest collection globally of primary climate change and water data and puts these insights at the heart of strategic business, investment and policy decisions. For more information, visit www.cdproject.net.
SOURCE Air Products