Building on more than a decade of Sustainability reporting, Air Products has published its third consecutive Global Reporting Initiative (GRI) Sustainability Report, highlighting performance and progress against its sustainability goals.
GRI has again assessed the company’s latest G3.1 Guidelines-based report as Application Level A+. “Sustainability is not just something we report on, it’s embedded in who we are. It’s inherent to our business strategy, our governance structure, our value proposition to customers, our operations model, and our values as an organisation,” said John McGlade, chairman, president and chief executive officer of Air Products.
The report — available online and in an interactive format ideal for mobile devices — provides 2012 economic, governance, environmental and social performance data across the company’s four pillars of sustainability management:
Business Value – more than half of Air Products’ annual revenues are derived from sustainable offerings that help customers and others down the value stream improve energy efficiency, reduce emissions, and improve quality and productivity, and meet social needs.
Environmental Stewardship – Air Products has met or is on track to meet all six of its existing environmental goals, including: greenhouse gas emissions intensity, energy consumption, water intensity, hazardous waste, toxic releases, and fleet emissions.
Social Responsibility – Air Products contributed more than $5.6m to not-for-profit organisations, launched a renewed diversity and inclusion strategy to focus on business impact and talent development, refreshed its global safety efforts, and continued to expand its award-winning learning programs.
Governance – Air Products refreshed its Employee Code of Conduct and extended it to its Indura S.A. joint venture employees; surveyed suppliers representing approximately half of its more than $6bn annual procurement spend; and supported the development of new Responsible Care® Process Safety and Product Safety Codes while remaining on track with EU Registration, Evaluation and Authorisation of Chemicals (REACH) compliance.
Air Products continues to be recognised for its sustainability commitment and practices, including being named to the 2013/2014 Dow Jones Sustainability World and North America Indexes and the 2013 CDP™ Global 500 and S&P500 Climate Disclosure Leadership Indices.