LEHIGH VALLEY, Pa., Sept. 14, 2015 /PRNewswire/ -- Air Products (NYSE: APD) has been named to the Dow Jones Sustainability North America Index (DJSI) 2015/2016, again ranked among the top 20 percent of companies in its industry for corporate sustainability performance.
Annually, RobecoSAM invites more than 3,000 publicly traded companies to complete its Corporate Sustainability Assessment, which is used to evaluate their economic, environmental, social and governance practices. Based on an assessment of general and industry-specific sustainability criteria, companies best managing sustainability opportunities and risks are then selected for inclusion in the DJSI Indices.
For the past several years, Air Products had also been included in the DJSI World Index and this year, improved its performance and scores in many categories. However, the sustainability bar continues to rise and the company did not improve as strongly as some of the companies in its industry sector.
Seifi Ghasemi, chairman, president and chief executive officer of Air Products, said, "Our
'Grow − Conserve – Care' approach to managing sustainability is rooted in our fundamental belief that good sustainability practices lead to long-term shareholder value and competitive advantage. Our inclusion again this year in the DJSI North America Index is an honor, and I want to commend all of this year's Index constituents for their drive for continuous improvement in sustainability. With our new company structure and focus on becoming the safest and most profitable industrial gas company in the world, we are refining our sustainability program and looking for opportunities to deliver even more value for our stakeholders over time."
In addition to the DJSI North America Index, Air Products remains a component of other sustainability indices and is recognized for its sustainability practices and achievements around the globe. For more information about sustainability at Air Products, visit: www.airproducts.com/company/Sustainability.aspx.
About DJSI
The Dow Jones Sustainability Indices were launched in 1999 as the first global sustainability benchmarks. The indices are offered by RobecoSAM in collaboration with S&P Dow Jones Indices LCC. The family tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. For more about DJSI, visit: http://www.sustainability-indices.com/.
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