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 2018 World's Most Ethical Company (2017-2018)
February 2018 – Praxair was named a 2018 World’s Most Ethical Company® by the Ethisphere Institute for the second straight year. The Institute is a global leader in defining and advancing the standards of ethical business practices.
In 2018, 135 companies across 23 countries and 57 industries were recognized as Most Ethical Companies by the Institute. Praxair is one of only three companies in the Chemical sector to have been recognized. The award reflects Praxair’s leadership and commitment to the ethical business standards and practices it sets globally.
Bloomberg Gender-Equality Index (2018)
February 2018 – Praxair has joined the recently launched 2018 sector-neutral Bloomberg Gender-Equality Index (GEI), recognizing the company’s transparency and strong diversity and inclusion practices. The GEI measures gender equality across a variety of factors, including company statistics, employee policies, and community support and engagement. The 2018 index is made up of 104 companies, from a variety of sectors, located in 24 countries.
Newsweek Green Rankings (2016-2017)
January 2018 – Praxair has again earned a place in the Newsweek Green Rankings. For 2017, Praxair ranked first among all industrial gas companies and ranked 26th on the U.S. 500. The company ranked 4th out of 35 companies in the Materials sector.
ECPI Global Equity Best in Class Index, Global Ethical Equity, World ESG Equity (2011-2018)
January 2018 — Praxair was selected as a constituent of three ECPI Indexes: Global Equity Best in Class Index, Global Ethical Equity and World ESG Equity. ECPI Indexes track the highest value-driven socially responsible companies globally. Praxair has been a member of ECPI indexes since 2011.
Forbes Magazine JUST 100 (2017)
Wall Street Journal Management Top 250 (2017)
December 2017 – Praxair was recognized in the Wall Street Journal's Management Top 250 list which 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.
Corporate Equality Index (2017-2018)
November 2017 – Praxair has been named to the 2018 Corporate Equality Index (CEI) with a perfect score of 100 percent for the second consecutive year. The CEI is a national benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality, administered by the Human Rights Campaign Foundation.
The report, which rates over 900 businesses, evaluates LGBTQ-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with the LGBTQ community. As a result of satisfying all of the CEI’s criteria, Praxair has also been designated a “Best Place to Work for LGBTQ Equality.”
Dow Jones Sustainability World and North America Indices (2003-2017)
September 2017 — Praxair, Inc. was again recognized by the Dow Jones Sustainability Index (DJSI) as a world leader in sustainable industrial practices. The company was named to DJSI’s World and North American Indices and is the only U.S.-based firm in the chemical sector to be selected for those indices for 15 consecutive years. Additionally, Praxair scored highest in the North American chemical sector overall and highest in the global industrial gas sector.
FTSE4Good (2016 - 2017)
September 2017 — Praxair, Inc. has again been recognized for its environmental, social and governance (ESG) leadership as it was named in the FTSE4Good Index Series by FTSE Russell for the second consecutive year. The series includes the FTSE4Good Global Benchmark Index, FTSE4Good Global Minimum Variance Index, FTSE4Good US 100 Index and FTSE4Good US Benchmark Index.
STOXX Global ESG Leaders Index - Governance, Environmental & Social (2010-2017)
July 17, 2017 — Praxair, Inc. has again been recognized as a leader in environmental, social and governance (ESG) practices by STOXX Ltd., a global index provider.
The STOXX Global ESG Leaders Index is made up of a series of ESG indices, which are based on sustainability data provided by Sustainalytics, a global provider of ESG research and analysis serving the responsible investment and socially responsible investment markets. Praxair was selected for the STOXX Global ESG Leaders Index, Global ESG Social Leaders Index, Global ESG Governance Leaders Index and North America ESG Leaders 50, for the seventh consecutive year.
Forbes' America's Best Employers List (2015-2017)
May 9, 2017 – Praxair, Inc. announced today that it was named by Forbes as one of the 500 best companies to work for in the United States. Praxair has been recognized by Forbes as a Best Employer since the list’s inception in 2015.
DiversityInc List of Noteworthy Companies for Diversity (2016-2017)
May 8, 2017 – Praxair, Inc., a leading global industrial gas company, has been named to the DiversityInc 2017 list of Noteworthy Companies for Diversity for the second consecutive year. This distinction is awarded to companies that have shown continued momentum in diversity and inclusion practices. Praxair is the only industrial gas company to be named to the list. Companies were reviewed based on their performance in four target areas: Talent Pipeline, Talent Development, Leadership Accountability and Supplier Diversity.
Corporate Responsibility Magazine's 100 Best Corporate Citizens (2013-2017)
April 20, 2017 — Praxair has been named to Corporate Responsibility Magazine’s (CR Magazine) 100 Best Corporate Citizens List for 2017. This is the fifth consecutive year Praxair has been recognized by this publication. The 2017 100 Best Corporate Citizens List recognized Praxair for its leadership and achievements based on the company’s performance in seven categories: environment, climate change, human rights, employee relations, governance, corporate philanthropy & community support, and financial. The list ranks all companies in the Russell 1000® Index.
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.
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.
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).
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.
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.
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.
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.
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.