Awards and Recognition
We work hard to achieve excellence in employee engagement, ethics and integrity, sustainability and innovation and have been recognized repeatedly by leading socially responsible investment analyst groups and others for our efforts.
A 2017 World's Most Ethical Company
Praxair was named a 2017 World’s Most Ethical Company® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
In 2017, 124 companies globally were named Most Ethical Companies by the Institute. Praxair is one of three companies listed in the Chemical sector and the only industrial gas company to receive the honor. This award recognizes Praxair’s unwavering commitment to ethical conduct through its many programs that instill a culture of ethics and compliance throughout the business.
Dow Jones Sustainability World and North America Indices (2006-2016)
September 2016 — Praxair was selected as a component of the 2016 Dow Jones Sustainability World Index, and was placed first in the Industrial Gas sector worldwide and first among U.S. Chemical companies. Praxair is the only U.S. based company in the chemical sector selected for the World Index for fourteen consecutive years. Membership in the 2016 DJSI World Index ranks us among the top ten percent of chemical companies worldwide in terms of sustainability leadership. We are also a member of the Dow Jones Sustainability North America Index, a sub-set of the World Index, which places us among the top 20% of chemical companies in North America. Launched in 1999, the Dow Jones Sustainability Index was the first equity benchmark to track the sustainability performance of leading corporations. Corporations are selected for the index based on a wide range of economic, environmental, and social criteria. Among the areas evaluated are corporate governance, environmental performance, risk management, innovation and labor practices.
CDP S&P CDP Climate A List (2008-2016)
September 2016 — Praxair was been named to the new Climate A List by CDP, recognizing actions Praxair has taken to manage its own carbon footprint and that of its customers. This is the ninth consecutive year that Praxair has been named to a CDP list or index. Praxair is one of 193 global companies, accounting for nine percent of corporations participating in CDP’s climate change program, to be awarded a position on the list. Additionally, Praxair is the only industrial gas company included on the Climate A List.
The Climate A List, along with the climate scores of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website.
RobecoSAM Annual Corporate Sustainability Yearbook (2004-2017)
January 2017 — The RobecoSAM Annual Corporate Sustainability Yearbook evaluated 2,473 companies based on economic, environmental and social dimensions. Their approach goes beyond the conventional framework and includes other intangible business issues, such as management of innovation, customer relationships and brands. In 2017, Praxair received a Bronze Class distinction -- one of thirteen companies recognized with distinction in the chemical sector, one of two U.S. companies and the only industrial gases company. Praxair has received a Silver or Bronze Class distinction each year since the yearbook was first published in 2004.
Corporate Equality Index (2017)
January 2017 — Praxair was named to the 2017 Corporate Equality Index (CEI) with a perfect score of 100 percent. Praxair satisfied all of CEI’s criteria and has been designated a Best Place to Work for LGBT Equality. The CEI is a national benchmarking survey and report on corporate policies and practices related to Lesbian, Gay, Bisexual and Transgender (LGBT) workplace equality, administered by the Human Rights Campaign Foundation.
Praxair is one of more than 1,000 businesses rated in the report, which evaluates LGBT-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with the LGBT community.
The CEI is a national benchmarking survey and report on corporate policies and practices related to Lesbian, Gay, Bisexual and Transgender (LGBT) workplace equality, administered by the Human Rights Campaign Foundation.
Thomson Reuters Corporate Responsibility Ratings Global Leadership Award (2016)
July 2016 — Praxair was named winner of the 2016 Thomson Reuters Corporate Responsibility Ratings Global Leadership Award, as announced by S-Network Global Indexes, a leading publisher and developer of proprietary and custom indexes. Praxair was selected out of 5,000 companies for its environmental, social, and governance (ESG) practices.
Praxair had excellent scores for over 100 policy and implementation factors related to the key performance indicators used to calculate its index ratings. The ratings were developed jointly by Thomson Reuters and S-Network. Previous recipients of the award were Johnson & Johnson in 2015, Intel in 2014, and Unilever in 2013.
Newsweek Green Rankings (2016)
June, 2016 — Praxair was recognized global leader in sustainable development, has earned a place in the 2016 Newsweek Green Rankings. The Green Rankings assess the overall corporate sustainability and environmental performance of the 500 largest publicly traded companies in the U.S. and the 500 largest publicly traded companies globally.
Praxair ranked first among all industrial gas companies both in the U.S. and globally. The company ranked fifth in the U.S. Chemicals industry and sixth in the worldwide Chemicals industry. Overall, Praxair ranked No. 101 in the U.S. 500 and No. 179 in the Global 500.
DiversityInc 25 Noteworthy Companies for Diversity (2016)
May 2016 — Praxair was named to DiversityInc's 2016 list of 25 Noteworthy Companies for Diversity. This distinction is awarded to companies that have shown continued momentum in diversity and inclusion practices. Praxair was also ranked third on the list of Top 10 Companies for Opportunities, which recognizes companies demonstrating fairness in hiring, retention and nurturing of diverse talent. DiversityInc is a leading magazine whose mission is to bring education and clarity to the business benefits of diversity.
Corporate Responsibility Magazine's 100 Best Corporate Citizens (2016)
May 2016 — Praxair was named to Corporate Responsibility Magazine’s (CR Magazine) 100 Best Corporate Citizens List for the fourth consecutive year. The magazine is a leading publication that provides case studies, analyzes best practices and tracks trends in corporate responsibility. Praxair was recognized for its leadership and achievements based on the company’s performance across a variety of categories, including climate change and environmental responsibility, financial performance, governance, employee relations, human rights and philanthropy. Rankings are based on publicly available information of companies listed on the Russell 1000® Index.
CEMEFI Social Responsible Company Praxair Mexico (2011-2016)
May 2016 — Praxair Mexico received for the sixth consecutive year the Social Responsible Company award (ESR) from the Mexican Center for Philanthropy (CEMEFI) and the Alliance for Corporate Social Responsibility (AliaRSE). This award recognizes the company to employees, investors, customers, and society in general, for assuming voluntary, public commitments to Corporate Citizenship, and for integrating these into their culture and business strategy. Each year, CEMEFI evaluates 4 areas: Ethics and Corporate Governance, Quality of Life in the Company, Community Engagement and Development, and Environmental stewardship and responsibility.
Praxair Costa Rica was included in the award scope for the third time.
Forbes' America's Best Employers List (2015-2016)
April 2016: For the second consecutive year, Praxair was named in the top quartile of Forbes’ list of the best 500 companies to work for in the United States. Praxair was ranked among the top ten companies in the construction, oil and gas operations, mining and chemicals sector.
STOXX Global ESG Leaders Index - Governance, Environmental & Social (2010-2016)
October 2016 — Praxair, Inc. was selected for the STOXX Global ESG Leaders Index for the sixth consecutive year. The STOXX Global ESG Leaders index offers a representation of the leading global companies in terms of environmental, social and governance criteria, based on ESG indicators provided by Sustainalytics.
July 2016: Praxair was selected as a constituent of the FTSE4Good Index. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.
Ethibel PIONEER and EXCELLENCE Investment Registers (2004-2017)
February 2017 — Praxair Inc. was been reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Global.
Expansion Magazine Top Companies, Praxair Mexico (2011-2015)
May 2015 —For the fourth consecutive year, Praxair Mexico received the certification among Top Companies: the place where everyone wants to work, awarded by Expansion Magazine. Top Companies ranks companies in Mexico on the basis of their organizational climate; culture; work conditions; productivity; compensation; leadership; resonance; cohesion; job satisfaction; professional and personal assessment; policies and procedures; labor relations; social responsibility; communication and motivation.
Praxair Mexico was ranked 7th highest among companies with 500-3000 employees in 2015 vs. 12th in 2014.
NYSE Euronext Vigeo Index: World 120 and U.S. 60 (2016)
November 2016 — Praxair, Inc. has been retained in the following NYSE Euronext Vigeo — World 120 (the most advanced companies in Europe, North America and the Asia Pacific Region).Praxair has been a constituent of the World 120 — since 2012. Praxair has been a constituent of the US 50 — (this index is composed solely of companies from the US) since 2013. These indices distinguish companies achieving the most advanced Environmental, Social and Governance performances. Index components are reviewed every six months in May and November.
Companies included in this index have achieved the highest scores, as determined by the review of up to 330 indicators, assessed by Vigeo within 30 sustainability drivers. Companies are excluded from this index, if they are subject to critical controversies to which they failed to provide visible evidence of corrective measures or to engage with stakeholders.
The indices were launched in July 2013 by NYSE Euronext (NYX) and Vigeo to promote and support responsible investment (RI).
Dividend Channel: Top 25 Socially Responsible Dividend Stock (2016)
February 2016 — Praxair, Inc. (Symbol: PX) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average "DividendRank" statistics including a strong 3.1% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol.
ECPI Global Equity Best in Class Index, Flobal Ethical Euro (2011-2017)
January 2017 — Praxair was selected as a constituent of two ECPI IndexesGlobal Equity Best in Class Index, Flobal Ethical Euro. ECPI Indexes track the highest value-driven socially responsible companies globally. Praxair has been a member of ECPI indexes since 2011.
AT Kearney Innovation (2010-2015)
November 2015 — Praxair White Martins was selected as the 6th most innovative company in Brazil by Epoca Negocios Magazine and AT Kearney consultancy, up from 7th place in 2013. The "Best Innovator" selects the 20 most innovative companies in Brazil, and sustainability is a core part of their evaluation.