Commitment Remains Unchanged with Focus on Core Business
July 10, 2017 Lehigh Valley, Pa.
Air Products (NYSE: APD) has published its latest Sustainability Report, providing stakeholders with economic, environmental and social performance data in accordance with Global Reporting Initiative (GRI) G4 guidelines. The full report is available on the Sustainability Reports page on Air Products’ Sustainability website.
“Air Products has returned to its roots as a company with a focus on our core business: industrial gases. In this transition over the past year, I am very pleased to share that our core values, including our commitment to sustainability and safety, remained unchanged as we made solid progress on our sustainability goals for 2020,” said Seifi Ghasemi, chairman, president and CEO at Air Products.
As a core value, sustainability is at the heart of the company’s business in producing products that improve the environment and making customers’ processes better. The 2017 report details the company’s “Grow, Conserve and Care” approach to sustainability management, as well as its performance against the newly established 2020 goals.
Under this strategy, Air Products aims to:
- Grow – lead the Industrial Gas industry in profitability and contribute greater than 50 percent of revenues from offerings that improve energy efficiency, lower emissions, and meet societal needs.
- Conserve – save energy, reduce greenhouse gas emissions, conserve water, improve distribution efficiency and effectively manage hazardous waste.
- Care – lead the Industrial Gas industry in safety, build a diverse and inclusive workforce, ensure ethical behaviors and compliance, and measure the positive impacts of our employee and community engagement efforts.
Access the company’s latest GRI report and more information about sustainability on Air Products’ Sustainability website.
About Air Products
Air Products (NYSE: APD) is a world-leading Industrial Gases company in operation for over 75 years. The Company’s core industrial gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world’s leading supplier of liquefied natural gas process technology and equipment.
The Company had fiscal 2016 sales of $7.5 billion from continuing operations in 50 countries and has a current market capitalization of approximately $30 billion. Approximately 16,000 employees are making Air Products the world’s safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2016.