© Air Liquide
© Air Liquide

Air Liquide awarded for ESG efforts

Air Liquide has been recognised for its environmental, social and governance (ESG) achievements in number of corporate sustainability 2022 ratings.

The industrial gas giant today (13th Jan) shared a number of its recognitions, including a listing on the Dow Jones Sustainability Europe Index and maintaining a CPD A- score for water and climate change efforts.

Established by S&P Global, the Dow Jones Sustainability Europe Index is an annual evaluation of companies’ progress on sustainability. The index recognises 153 of Europe’s leading companies on ESG performance.

Air Liquide’s water and climate change efforts were measured by global non-profit organisation CDP. The rating evaluates companies on environmental action and recognises continued stewardship on climate and water topics.

Fabienne Lecorvaisier, Executive Vice-President and Member of the Executive Committee, in charge of Sustainable Development, Public and International Affairs, said the recognitions are further encouragement to continue its actions.

He added, “Facing climate emergency, we are committed to act towards a low-carbon society, not only by decarbonising our activities but also by inventing new solutions for our clients and supporting them on their way to carbon neutrality.”

In March 2022, Air Liquide published its ‘ADVANCE’ plan that outlined ambitions to increase investment decisions to a record high, cut a third of its emissions and accelerate its sales growth by 5-6% by 2025.

The plan focused on four key priorities of financial performance, decarbonisation, technological innovation and actively engaging with stakeholders, customers and shareholders.

Decarbonisation was a prominent focus for the industrial gas giant throughout the plan. Under such effort, the group said that half of its industrial investments would be dedicated to the energy transition and confirmed that hydrogen would play a decisive part in its business.

It also re-emphasised its ambitions to reach carbon neutrality by 2050.

Read more: Air Liquide publishes strategic plan for 2025; sustainable development a key focus

Air Liquide was also ranked #4 by Chemscore among the world’s top chemical producers in recognition of its efforts to manage environmental impact.

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