Air Products is one of 23 companies to agree to complete transparency as part of the Carbon Disclosure Project’s (CDP) Global Disclosure and Performance Leadership Indexes for 2011.
Representing 551 institutional investors with $71 trillion in assets under management, the CDP holds the largest database of corporate climate change information in the world.
Its Carbon Disclosure Leadership Index comprises the top 52 Global 500 Index companies for climate change disclosure practices, while its Carbon Performance Leadership Index comprises 29 companies which have demonstrated a strong commitment to strategy, governance, and stakeholder communications and emissions reduction in their CDP responses.
“We are very proud to be recognised by CDP as a leader in carbon disclosure and management,” said John E. McGlade, Chairman, President and CEO of Air Products.
“Just as we’ve set strong revenue, margin and return on capital goals for 2015, we’re pursuing an aggressive target to reduce energy use and greenhouse gas emissions at our large air separation units and hydrogen facilities by that same year.”
“As we drive these efficiencies in our own operations, we continue to do the same for our customers, who have come to rely on our solutions and applications expertise to improve their productivity and reduce their footprint,” added McGlade.
Some 3,000 organisations across the world now measure and disclose their greenhouse gas emissions and assessment of climate change risk and opportunity via the CDP’s annual questionnaire.