Company Also Repeats FTSE4Good Index Listing for Environmental, Social and Governance Practices
September 20, 2018 Lehigh Valley, Pa.
Air Products (NYSE: APD) has again been named to the Dow Jones Sustainability North America Index (DJSI). The 2018/2019 DJSI recognition marks the ninth consecutive year that Air Products has been ranked among the top 20 percent of companies in its industry group for corporate sustainability performance.
“DJSI is one of the most respected sustainability indexes, and to be recognized by DJSI is a tribute to all our employees who help make Air Products successful. Achieving the DJSI listing for the ninth consecutive year is a recognition of a consistent commitment and dedication to sustainability. At Air Products, we demonstrate this commitment daily through the innovative technologies that we develop, the way we produce our products, and the way we make our customers’ processes better, all aimed at benefitting the environment,” said Seifi Ghasemi, chairman, president and chief executive officer of Air Products.
Annually, RobecoSAM invites more than 3,000 publicly-traded companies to complete its Corporate Sustainability Assessment, which is used to evaluate each company’s economic, environmental, social and governance practices. The companies which best manage sustainability opportunities and risks are then selected for inclusion in the DJSI Indices based on an assessment of general and industry-specific sustainability criteria.
In addition to the DJSI North America Index listing, FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) has confirmed Air Products as a constituent of the FTSE4Good Index Series, also for the ninth consecutive year. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
Launched in 1999, the DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM’s analysis of financially material ESG factors and S&P DJI’s robust index methodology. Every year, RobecoSAM assesses the world’s largest companies via its Corporate Sustainability Assessment, which uses a consistent, rules-based methodology to convert an average of 600 data points per company into one overall score. This score determines inclusion in the DJSI. For more about DJSI, visit: www.sustainability-indices.com.
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 2017 sales of $8.2 billion from continuing operations in 50 countries and has a current market capitalization of about $35 billion. Approximately 15,000 passionate, talented and committed employees from a diversity of backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities and the world. 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, 2017.