Air Products has published its 2020 Sustainability Report which highlights the industrial gas giant’s core ambition of solving today’s and tomorrow’s environmental challenges.
Sustainability is at the heart of Air Products’ 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.
Published yesterday, the report provides the company’s stakeholders with economic, environmental and social performance data from the prior year, in accordance with the Global Reporting Initiative (GRI) standards “Core” option.
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% 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% from 2015 levels in its air separation units, topping its goal of 2.5% and surpassing its greenhouse gas intensity reduction goal.
- Care – In 2019, Air Products improved its lost-time injury rate by 63% and its recordable injury rate by 22%. In addition, in 2019, through the Air Products Foundation, the company contributed $7.6m in charitable donations to community organisations.
“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 Seifi Ghasemi, Air Products’ Chairman, President and CEO.
“While addressing these immediate and pressing concerns, other important issues remain, including meeting the world’s growing need for clean, sustainable energy, and ensuring our customers have the essential products they need to be productive and improve their sustainability performance.”
“We believe a thriving society and a healthy planet are inextricably linked and look forward to continuing to work with our employees, customers and communities to build a more sustainable future.”