Air Products Issues Latest GRI Sustainability Report

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Dec 16, 2014, 03:00 ET

LEHIGH VALLEY, Pa., Dec. 16, 2014 /PRNewswire/ -- Air Products (NYSE: APD) has issued its latest Global Reporting Initiative (GRI) Sustainability Report (G3.1 Guidelines), which has again been assessed by GRI as Application Level A+.

"Sustainability is a core value, a driver of Air Products' growth, and an important element of our relationships with customers, shareholders, our 20,000 employees, and hundreds of operating communities around the world," says Chairman, President and CEO Seifi Ghasemi in his letter to stakeholders.

The company's latest report details performance and progress across economic, environmental and social areas, aligned under the themes of Grow, Conserve and Care:

Grow: More than 60 percent of the company's prior-year revenues were from improving customers' energy efficiency and emissions. Progress made on environmental sustainability targets, particularly energy consumption, contributes millions annually to Air Products' bottom line.
Conserve: The company designs its plants and manages its operations against environmental sustainability goals to reduce greenhouse gases, waste, emissions, energy, and water use. Air Products has either already achieved these goals or is tracking to achieve them by 2015.
Care: The company is striving for zero accidents and zero incidents, tied to its goal of becoming the safest and most profitable industrial gas company in the world, providing excellent service to customers. Air Products' social responsibility approach also includes employee development, diversity and inclusion, community support, supplier relations, and governance practices.

Recognized for Sustainability Leadership
Air Products continues to be recognized for its sustainability commitment and practices, including being named to the 2014/2015 Dow Jones Sustainability World and North America Indexes, the 2014 CDP™ Global 500 Climate Disclosure Leadership Index, and one of the 100 Best Corporate Citizens List for CR Magazine for 2014, among others. Access the company's latest GRI report and more information about sustainability on Air Products' sustainability web site.

About Air Products
Air Products (NYSE:APD) is a leading industrial gases company. For nearly 75 years, the company has provided atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. Air Products' materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. Over 20,000 employees in 50 countries are working to make Air Products the world's safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. In fiscal 2014, Air Products had sales of $10.4 billion and was ranked number 276 on the Fortune 500 annual list of public companies. 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, 2014.

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SOURCE Air Products