CDP Names Praxair a Leader in Climate Change Disclosure for Eighth Straight Year Receiving a Perfect Score of 100
November 16, 2015
DANBURY, Conn. November 16, 2015 – Praxair, Inc. (NYSE: PX) today announced that the company has been named to the 2015 CDP S&P 500 Climate Disclosure Leadership Index (CDLI) with a perfect score of 100. This marks the eighth consecutive year Praxair has received this honor, recognizing the company’s long-standing commitment to growth through resource productivity and environmental innovation. Praxair also received an A- for performance on the Carbon Disclosure Performance Index and its overall score was the highest among industrial gases companies worldwide.
“Through their actions, Praxair employees around the world are delivering on our mission of making our planet more productive,” said Praxair Chief Sustainability Officer Dr. Riva Krut. “Our employees are continuously developing applications and technologies that improve our customers’ environmental performance. Simultaneously, they are driving results through Praxair’s sustainable development program, delivering savings and reductions in our own environmental resource intensity.”
In 2014, Praxair implemented projects that, among other benefits, avoided emissions of 450,000 metric tons of CO2e and saved 600,000 MWh of electricity, which contributed to Praxair's operating results.
CDP is an international, not-for-profit organization that provides the world’s only global environmental disclosure system for measuring the quality and completeness of carbon management reporting. The annual index spotlights companies listed on the S&P 500 that demonstrate a high level of transparency and data quality in their disclosure of climate-related information.
Praxair, Inc., a Fortune 250 company with 2014 sales of $12.3 billion, is the largest industrial gases company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. More information about Praxair, Inc. is available at www.praxair.com.