Praxair, Inc., recognised global leader in sustainable development, has again earned a place in the Newsweek Green Rankings.
For 2017, Praxair ranked first among all industrial gas companies and ranked 26th on the US 500. The company ranked 4th out of 35 companies in the Materials sector.
The US 500 is an assessment of the sustainability performance of the 500 largest publicly-traded companies in the US by revenue. Newsweek’s rankings are based on research from Corporate Knights and HIP Investor, which measured and assessed companies’ sustainability performance across eight specific indicators, including Energy, GHG and Water Productivity, Green Revenue, and Sustainability Governance.
Dr. Riva Krut, Chief Sustainability Officer for Praxair, commented, “We are proud to again be recognised by Newsweek for our sustainable development efforts.” He continued, “Environmental and social responsibility are core values at Praxair that our employees live every day, not only supporting our company’s efforts to minimise its environmental footprint, but also helping our customers to do the same. This is a recognition of all of our employees for their commitment to sustainable development around the world.”
Praxair, Inc. has reported fourth-quarter net income of $33m and diluted earnings per share of $0.11. These results include transaction costs of $14m after-tax related to the proposed merger with Linde AG and a net income tax charge of $394m related to the US.
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