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Leaves and sky

Sustainability

Sustainability creates our growth opportunities, and our growth opportunities support our sustainability focus and goals.

Air Products’ higher purpose is to bring people together to collaborate and innovate solutions to the world’s most significant energy and environmental sustainability challenges. We live our purpose through our business strategy and our efforts to protect the environment and care for our stakeholders. These are the underlying concepts of our Grow-Conserve-Care sustainability approach.

Sustainability is embedded in Air Products’ business strategy, which is focused on serving energy, environmental and emerging markets. This strategy is evidenced through the products, technologies, and services we offer, and the projects we carry out. Our offerings and expertise help our customers experience higher productivity, better quality products, reduced energy use, and lower emissions.

We believe that solving sustainability challenges is good business and the right thing to do.

2022 annual report graphic

Sustainability is Our Growth Strategy: Air Products’ Green Finance Framework

Put simply, sustainability is our growth strategy at Air Products. We intend to grow responsibly through sustainability-driven opportunities that benefit our customers and our world. 

We have established our Green Finance Framework to further align our financing activities with our sustainability strategy and commitments. The Framework outlines the methodology and principles for green finance instruments that may be issued by Air Products to finance and/or refinance eligible projects contributing to our sustainability strategy.

Air Products Chairman, President and CEO Seifi Ghasemi to Receive Science, Technology, Engineering and Mathematics (STEM) Leadership Award from Chemical Marketing & Economics (CME)

Message from Chairman, President and CEO

Our world is confronted with incomparable challenges, including the global threat of climate change. There is much talk about the energy transition, but only companies and countries taking real action through real investment in real projects will make a meaningful difference. At Air Products, I am proud that our more than 20,000 worldwide employees are taking real action, developing and executing first-mover projects providing real sustainability benefits. In doing so, they are living our higher purpose as a company and bringing lower-carbon forms of energy to the world.
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sustainability goals

Our Sustainability Commitments

Air Products has announced an additional set of commitments that further demonstrate our sustainability strategy in action. We are setting a new “Third by ‘30” CO₂ emissions intensity (kg CO₂ /MM BTU) goal for Scope 3 emissions, pledging to reach net zero carbon emissions by 2050, and bringing our capital commitment to first-mover projects to $15 billion through 2027. These commitments complement and reinforce Air Products’ growth strategy of building our business to deliver climate benefits and work alongside our customers on their sustainability journey.
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Diversity in Professional and Managerial Roles graphic

Creating a Diverse Workforce

We will not rest on our success. After achieving a publicly-stated goal for U.S. minority representation in professional and managerial roles four years ahead of schedule, Air Products has moved the goal line. 

In October 2020, we announced a goal to achieve at least 20 percent minority representation from a 17 percent base level in our U.S. professional and managerial population by 2025. Having already reached this objective in 2021, Air Products set a new, ambitious goal to achieve 30 percent U.S. minority representation in these roles by 2025. This is yet another measurable, transparent step toward achieving our objective of becoming the most diverse industrial gas company in the world.  

Air Products has a broad operating scope and growing cultural landscape of more than 20,000 employees in over 50 countries. We are pleased with what we have accomplished and are excited to expand and grow our efforts. We will continue to report progress towards these goals and post future EEO-1 reports annually within sixty days following submittal of such report to the EEOC.

EEO-1 Report

Sustainability is at the heart of our business and our growth.

At Air Products, Sustainability is a core value; it’s at the heart of what we have done as a business for over 80 years. By their very nature, industrial gases and our applications help customers reduce their energy consumption, lower emissions, and boost productivity. We also are playing a lead role in helping to address significant energy and environmental challenges through gasification, carbon capture and hydrogen for mobility solutions. Ultimately, we are driven by an important ambition: working together to innovate solutions to some of the world’s most pressing energy and environmental challenges.
Grass and Trees

Sustainability in Action

We are committed to helping our customers improve their sustainability performance, reducing our environmental impacts, and supporting our employees, communities and stakeholders. See how we are putting our sustainability commitments into action to make a difference for our world.
Forbes Best Employers for Diversity 2022

Forbes Best Employers for Diversity 2022

Air Products was named one of America’s Best Employers for Diversity for 2022 by Forbes Magazine. Moving into the top 20, we ranked 17th on this year’s list, up from 128th in 2021.
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