Praxair Selected as a Global Leader in Carbon Disclosure
September 21, 2011
DANBURY, Conn., September 21, 2011 — Praxair, Inc. (NYSE: PX) has been included in the Carbon Disclosure Project’s Carbon Disclosure Leadership Index, one of only ten companies to have achieved this distinction for four consecutive years. With a disclosure score of 93, Praxair is ranked the 23rd best performing company in the world for carbon disclosure; and the 9th best performing among the S&P 500.
The global carbon disclosure index is comprised of the leading 52 companies among 500 of the world's largest corporations. The disclosure index recognizes the quality and completeness of the selected companies’ reporting on carbon management.
"Our selection reflects Praxair’s ongoing commitment to reduce our environmental footprint by remaining committed to our greenhouse-gas goals and demonstrating the continued value we provide to our customers by improving their energy efficiency and environmental performance,” said Riva Krut, Praxair's director of sustainability.
Praxair’s response to the Carbon Disclosure Project questionnaire can be found on the company’s website, www.praxair.com, under About Praxair > Corporate Responsibility > Sustainable Development > Reports. More examples can be found on www.praxair.com in the Products & Technologies > Green Technologies section.
The Carbon Disclosure Project, founded in 2000, represents 551 institutional investors with $71 trillion in assets under management. An independent, non-profit organization, the Carbon Disclosure Project collects climate change data from 2,500 corporations around the globe and has assembled the world’s most extensive corporate greenhouse gas emissions database.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2010 sales of $10 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.