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Air Products Again Earns Spot on Barron's 100 Most Sustainable Companies List

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Air Products (NYSE:APD) has been recognized for the fourth consecutive year on Barron's 100 Most Sustainable Companies List, ranking 38th. The company emphasizes sustainability as a key part of its growth strategy, aiming to address major energy and environmental challenges. Recent achievements include a perfect score on the Human Rights Campaign's Corporate Equality Index and recognition in the S&P Global Sustainability Yearbook. Air Products focuses on clean energy solutions and has generated $10.3 billion in sales for fiscal 2021, with a market cap of approximately $60 billion.

Positive
  • Ranked 38th on Barron's 100 Most Sustainable Companies List for 2022.
  • Included in S&P Global Sustainability Yearbook for the 10th time.
  • Achieved a perfect score on the Human Rights Campaign Foundation's Corporate Equality Index for the 6th consecutive year.
  • Received the Best Carbon Management Initiative Award from Chemical Week.
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  • None.

LEHIGH VALLEY, Pa., Feb. 22, 2022 /PRNewswire/ -- Air Products (NYSE:APD), a leading global industrial gases company, has once again earned a spot on Barron's 100 Most Sustainable Companies List for the fourth consecutive year. Air Products ranked 38th on this year's list.

"Sustainability is our growth strategy at Air Products. It is part of our higher purpose to collaborate and innovate solutions to the world's most significant energy and environmental challenges," said Seifi Ghasemi, Chairman, President and CEO at Air Products. "We are proud to again be recognized for our sustainability efforts, but know there is more work to be done. Air Products will continue to play a leading role in building a more sustainable future through clean energy solutions, such as hydrogen for mobility and carbon capture."

For its annual ranking of the most sustainable companies, Barron's worked with Calvert Research and Management, which analyzed the 1,000 largest publicly traded companies by market value, then ranked each by how it performed for five key constituencies: shareholders, employees, customers, community, and the planet. Specifically, Calvert, a unit of Eaton Vance, which is owned by Morgan Stanley, looked at more than 230 ESG (environmental, social and governance) performance indicators, such as workplace diversity, data security, and greenhouse gas emissions.

Inclusion on Barron's 100 Most Sustainable Companies List is the latest recognition for Air Products' sustainability and corporate responsibility efforts. Recently, Air Products was included in the S&P Global Sustainability Yearbook for the 10th time. Air Products also has earned a perfect score on the Human Rights Campaign Foundation's 2022 Corporate Equality Index for the 6thsixth year in a row.

In addition, Air Products received the Best Carbon Management Initiative Award from Chemical Week for its innovative net-zero hydrogen energy complex in Edmonton, Alberta, Canada; and was awarded a gold medal rating for its Corporate Social Responsibility (CSR) performance from EcoVadis, a multinational CSR ratings agency, for the fifth year in a row, and was named to the 100 Best Corporate Citizens List, published by 3BL Media, for the 10th consecutive year.

To learn more about Air Products' efforts, achievements and sustainability goals, visit Air Products' Sustainability website.

About Air Products

Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.

The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of about $60 billion. More than 20,000 passionate, talented and committed employees from diverse 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 or follow us on LinkedIn, Twitter, Facebook or Instagram.

Cautionary Note Regarding Forward-Looking Statements: This release contains "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 expectations and assumptions as of the date of this release and are not guarantees of future performance.  While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2020.  Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

 

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SOURCE Air Products

FAQ

What is Air Products' ranking in Barron's 100 Most Sustainable Companies for 2022?

Air Products ranked 38th in Barron's 100 Most Sustainable Companies List for 2022.

What are Air Products' notable sustainability achievements?

Air Products has been recognized in the S&P Global Sustainability Yearbook for 10 years and has a perfect score on the Human Rights Campaign's Corporate Equality Index.

What is Air Products' focus in clean energy?

Air Products is focused on clean energy solutions, including hydrogen for mobility and carbon capture.

What were Air Products' sales figures for fiscal 2021?

Air Products reported $10.3 billion in sales for fiscal 2021.

What is Air Products' market capitalization as of February 2022?

Air Products has a market capitalization of about $60 billion as of February 2022.

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