Praxair Recognized for Exceptional Performance by The Wall Street Journal and Forbes
December 18, 2017
DANBURY, Conn., December 18, 2017 – Praxair, Inc. (NYSE: PX) announced it was recently named to The Wall Street Journal’s Management Top 250 as well as the Forbes JUST 100, recognizing the company for its exceptional performance.
The Wall Street Journal’s Management Top 250 list (http://on.wsj.com/2it5yTn) recognizes the most effectively-managed companies in the United States based on customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. Praxair ranked 100 on the list and fifth in its sector. These metrics reflect the teachings of the late Peter Drucker, a renowned business leader and Wall Street Journal columnist who favored a holistic approach to evaluating business management performance. Each company listed in the Management Top 250 represents one of the highest scorers out of the 608 U.S. companies reviewed.
Praxair was also named to Forbes Magazine’s JUST 100, a list of America’s most JUST companies. The company was selected as the top performer in the chemical sector and was ranked 31st overall. Praxair was one of 10 companies ranked first among all sectors in the "Products” segment, which includes criteria such as: Makes Products that are Beneficial to Health, Environment or Society; Makes Quality Products and Provides Fair Pricing. Praxair was also recognized for outperforming its chemical sector peers on such criteria as Commitment to Work-Life Balance, Environmentally Responsible Management, Commitment to Labor and Human Rights, Local Sourcing and others. The list was compiled by JUST Capital, a non-profit that analyzes and ranks corporate behavior and performance according to what the American people identify as most important. For the complete 2017 JUST 100 list, visit: www.forbes.com/just100.
“Praxair is focused on driving operational performance and our success stems from our commitment to ethical business behavior, sustainability, and social awareness,” said Anne Roby, senior vice president, Praxair, Inc. “We are proud to be recognized for this performance and thank our employees for their dedication to our core values.”
Praxair, Inc. is a leading industrial gas company in North and South America and one of the largest worldwide. With market capitalization of approximately $40 billion and 2016 sales of $11 billion, the company employs over 26,000 people globally and has been named to the Dow Jones® World Sustainability Index for 15 consecutive years. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Our 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. For more information about the company, please visit our website at www.praxair.com.