Air Products Publishes 2020 Sustainability Report
"Our world faces serious and unprecedented challenges. From racial injustice to the COVID-19 pandemic, we must all stand together for the fundamental right of every person to be treated with dignity and respect," said
The Sustainability Report highlights Air Products' core ambition of solving today's and tomorrow's environmental challenges and how sustainability is at the heart of the Company's business of providing industrial gases and applications expertise to its customers. Air Products developed its "Grow, Conserve, and Care" sustainability strategy based on feedback from key stakeholders and the identification of sustainability priorities.
That strategy has produced strong results, as Air Products has achieved nearly all of its 2020 sustainability goals. Below are a few highlights and results of the "Grow, Conserve and Care" focus:
Grow – In 2019, Air Products generated 53 percent of revenues from sustainable offerings, and Air Products enabled customers to avoid 69 million metric tons of carbon dioxide (CO2) – equivalent to the emissions of 15 million cars and 2.5 times Air Products' direct and indirect CO2 emissions.
Conserve – In 2019, Air Products saved energy by reducing use intensity by 3.7 percent from 2015 levels in its air separation units, topping its goal of 2.5 percent and surpassing its greenhouse gas intensity reduction goal.
Care – In 2019, Air Products improved its lost-time injury rate by 63 percent and its recordable injury rate by 22 percent. In addition, in 2019, through the
Air Products Foundation, the Company contributed $7.6 millionin charitable donations to community organizations.
The full Report is available on the Company's Sustainability website.
About Air Products
The Company had fiscal 2019 sales of
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 Annual Report on Form 10-K for its fiscal year ended
SOURCE Air Products