Praxair Sustainable Development Recognition

External recognition

We work hard to achieve excellence in sustainability and climate change management, innovation and reporting and have been recognized repeatedly by leading socially responsible investment analyst groups and others for our efforts. See the table below for a summary of our recognitions.

Recognition criteria Years Recognized
Dow Jones Sustainability World and North America Indices September 2015 — Praxair was selected as a component of the 2014-15 Dow Jones Sustainability World Index. It is the only U.S. based company in the chemical sector selected for the World Index for thirteen consecutive years. Membership in the 2015 DJSI World Index ranks us among the top ten percent of chemical companies (ten 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 (five 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, supply-chain standards, and labor practices. 2006 – 2015
CDP S&P 500 Carbon Disclosure Leadership Index September 2014 - Praxair was included in CDP Global Carbon Disclosure Leadership Index, one of only 3 companies to have achieved this distinction for seven consecutive years. The disclosure index recognizes the quality and completeness of the selected companies' reporting on carbon management. Praxair achieved a perfect score of 100%. 
The disclosure index recognizes the quality and completeness of the selected companies' reporting on carbon management. 
2008 – 2014
RobecoSAM Annual Corporate Sustainability Yearbook January 2015 — The RobecoSAM Annual Corporate Sustainability Yearbook evaluated more than 3,000 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 2015, Praxair received a Bronze Class distinction -- one of five chemical companies worldwide (out of 128 in the sector), and the only U.S.-based company, to achieve distinction. Praxair has achieved a Silver or Bronze Class distinction every year since the report was created in 2004.

Visit the RobecoSAM website yearbook

2004 – 2015
Corporate Responsibility Magazine's 100 Best Corporate Citizens May 2015 - Praxair was named to Corporate Responsibility Magazine's (CR Magazine) 100 Best Corporate Citizens List for 2015, a top ranking of corporate responsibility leaders based on publicly available information. 
Praxair placed among the top 20 companies in the list for its leadership and achievements in climate and environmental responsibility, employee engagement and diversity, and strong governance policies and practices. Rankings are based on publicly available information of companies listed on the Russell 1000® Index.

See the May 5 news release

CEMEFI Social Responsible Company Praxair Mexico May 2014 - Praxair Mexico received for the fourth 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 first time; also, Praxair helped a supplier to receive CEMEFI recognition in the Socially Responsible Value chain Program. 
2011 – 2014
Forbes' America's Best Employers List 2015 April 2015: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 116th overall and fourth in the construction, oil and gas operations, mining and chemicals sector. Over 20,000 employees at companies with at least 2,500 people were surveyed for the America’s Best Employers List. Forbes conducted the survey with global digital data collection partners who use innovative technology and proven sampling methodologies to facilitate a deep understanding of opinions and behavior. Participation in the survey was voluntary and respondents were recruited from thousands of sources to maximize reach and representation. 2015
Kiplinger 10 Best Stocks for Socially Responsible Investors October 2014:  Kiplinger, a Washington, D.C.-based publisher of business forecasts and personal finance advice, highlighted Praxair as one of the 10 Best Stocks for Socially Responsible Investors (SRI) by 2014
STOXX Global ESG Leaders Index - Governance, Environmental & Social October 2015 - Praxair, Inc. was selected for the STOXX Global ESG Leaders Index for the fifth 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. The index is made of the following three ESG sub-indices: the STOXX Global ESG Environmental Leaders, the STOXX Global ESG Social Leaders and the STOXX Global ESG Governance Leaders indices.  Praxair is also a component of each of these indices, the only Industrial Gas company with this record.

STOXX Global ESG Leaders Index and the STOXX North American ESG Leaders 50

 2010 - 2015
Ethibel PIONEER and EXCELLENCE Investment Registers September 2015: Praxair Inc. has again been selected for inclusion in the Ethibel EXCELLENCE Investment Registers. This selection by Forum ETHIBEL indicates that the company can be qualified as a sector leader in terms of Corporate Social Responsibility (CSR). 

Visit the Forum Ethibel website

  2004 – 2015
Expansion Magazine Top Companies Praxair México May 2014 - For the third 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 12th highest among companies with 500-3000 employees. In 2013 they were ranked number 15. 
2011 – 2014
NYSE Euronext Vigeo Index: World 120 and US 50 June 2015: Praxair, Inc. has been retained in the following NYSE Euronext Vigeo – World 120 (the 120 most advanced companies Europe, North America and the Asia Pacific Region) and US 50 (the 50 most advanced US companies). 
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 38 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). 

Euronext Vigeo – US 50 (the 50 most advanced US companies)

Domini Social Bond Fund Index December 31, 2012 — Praxair has been a component since 1993 of the Domini Social Bond Fund Index. The Fund's holdings are evaluated based on their performance in environment, diversity, community involvement, employee relations, and product safety and usefulness.

Domini Social Bond Fund Index

2009 – 2013
ECPI Global Ethical Equity Index, Global Megatrend, Global Developed ESG Best in Class  
January 2015 — Praxair was selected as a constituent of three ECPI Indexes: ECPI Global Ethical Equity Index, Global Megatrend, Global Developed ESG Best in Class. ECPI Indexes track the highest value-driven, socially responsible companies globally. Praxair has been a member of ECPI Indexes since 2011.   2011 – 2015
AT Kearney Innovation November 2012 - Praxair White Martins was selected as the 4th most innovative company in Brazil by Epoca Negocios Magazine and AT Kearney consultancy, up from 7th place in 2011. The "Best Innovator" selects the 20 most innovative companies in Brazil, and sustainability is a core part of their evaluation.    2010 – 2012
MSCI Environmental and Social Governance (ESG) Indices MSCI KLD Select Social Index - April 2013: Praxair is a member of the MSCI USA KLD Select Social Index. The underlying index attempts to maximize exposure to positive environmental, social, and governance factors while exhibiting risk and return characteristics similar to those of the FTSE US 500 Index. The Index is diversified by sector and holds equities of companies with the highest social and environmental scores from each sector. In order to be eligible companies must be in the FTSE All-World US Index and tobacco companies are excluded.

MSCI KLD 400 Social Index Fund ETF

MSCI KLD 400 Social Index Fund ETF - April 2013: Praxair is a member of the as well as the MSCI KLD 400 Social Index Fund ETF (DSI), a fund that identifies U.S. large-, mid- and small-cap stocks screened for positive environmental, social and governance characteristics.

MSCI KLD 400 Social Index Fund ETF (DSI)

  2006 – 2013
Dividend Channel: Top 25 Socially Responsible Dividend Stock January 2015: Praxair was named a Top 25 Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ”DividendRank” statistics including a strong 2.2% 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.

Visit the Dividend Channel website

2013 - 2015 
Dividend Channel S.A.F.E 25 Stocks July 2015: Praxair was selected for the Dividend Channel S.A.F.E. 25 list, in recognition of its 22 years of consecutive dividend increases. The list identifies the top 25 firms that meet their "S.A.F.E." criteria: S. Solid return – hefty yield and strong DividendRank characteristics; A. Accelerating amount – consistent dividend increases over time; F. Flawless history – never missed or lowered dividend; E. Enduring – at least two decades of dividend payments.  2015
New York Stock Exchange (NYSE) Century Index May 2012 — The newly introduced NYSE Century Index recognizes select companies that have demonstrated consistent success and contributed to real economic and social progress for more than 100 years. Companies are chosen using a set of criteria that assess company size and financial performance over a 10-year period, looking specifically at traits that have enabled companies to thrive over the past decade.   2012
Maplecroft Climate Innovation Indexes (CIIs)  
April 2012 - Praxair is named for 3rd consecutive year as one of the Top Ten Clean-Tech Innovation and Climate Responsive Companies in U.S. Maplecroft Climate Innovation Indexes (CIIs), undertaken by risk analysis company Maplecroft, have determined Praxair as one of the top 10 leaders among the 360 largest U.S. companies in the innovation of clean-tech solutions and new products, the mitigation of climate change related risks and the management of carbon emissions. 
View the news release
2009 – 2012