Air Products has been recognised on the Dow Jones Sustainability North America Index (DJSI) for the 13th consecutive year.
The industrial gas giant was placed in the top 20% of North American companies in its industry group for economic, environmental and social efforts.
Described by Simon Moor, Vice-President of Investor Relations, Corporate Relations and Sustainability at Air Products, as an honour, the award recognises the company’s global goal to better both its business and the world.
Moore said, “Inclusion in the DJSI over many years illustrates Air Products’ long-standing commitment to sustainability, which is at the heart of everything we do. Sustainability is our growth strategy at Air Products. This past year we committed to invest at least $15bn in clean energy megaprojects to speed the energy transition and set goals to reduce our CO2 emissions intensity and reach net zero emissions in our operations by 2050.”
In 2022, Air Products announced plans for two green hydrogen facilities in the US, a 25-metric-tonne-per-day plant in Massena, New York and a mega-scale green hydrogen production facility in Wilbarger County, Texas.
Air Products is also working on numerous hydrogen projects elsewhere in the world.
Air Products’ DJSI recognition will sit along its Forbes’ recognition for being one of America’s Best Employers for Diversity and its listing on Barron’s 100 Most Sustainable Companies List.
The DJSI measures the performance of companies selected using environmental, social and governance (ESG) criteria and applies a transparent, rules-based constituent selection process based on the companies’ S&P Global ESG Score resulting from the annual S&P Global Corporate Sustainability Assessment (CSA).
This year, more than 10,000 publicly traded companies were invited to participate in the S&P Global CSA that consists of a rigorous questionnaire assessing both public and non-public data submitted by participating companies.