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 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. 2006 – 2016
CDP S&P 500 Carbon Disclosure Leadership Index September 2015 - Praxair was included in CDP Global Carbon Disclosure Leadership Index, one of only 3 companies to have achieved this distinction for eight 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. 
RobecoSAM Annual Corporate Sustainability Yearbook January 2016 — 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 2016, Praxair received a Bronze Class distinction -- one of ten chemical companies worldwide (out of 125 in the sector), and one of only two North American companies, to be awarded medals.  Praxair has been a member of the Sustainability Yearbook each year since it was first published in 2004, and has been awarded a medal each year since 2008, the only North American chemical company with this distinction.

Visit the RobecoSAM website yearbook

2004 – 2016
 2016 Thomson Reuters Corporate Responsibility Ratings Global Leadership Award 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.
Corporate Responsibility Magazine's 100 Best Corporate Citizens 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.

For more information, see the May 3 2016 news release
CEMEFI Social Responsible Company Praxair Mexico May 2015 - Praxair Mexico received for the fifth 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 second time; also, Praxair helped a supplier to receive CEMEFI recognition in the Socially Responsible Value chain Program. 
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
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 February 2017 - Praxair Inc. has been reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Global

Visit the Forum Ethibel website

  2004 – 2017
Expansion Magazine Top Companies Praxair México 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. 
 2011 – 2015
 NYSE Euronext Vigeo Index:       World 120 and US 60 June 2015 - 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) 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 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 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.

Visit the Dividend Channel website
ECPI Global Ethical Equity Index, Global Megatrend, Global Developed ESG Best in Class January 2016 - 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 - 2016
AT Kearney Innovation 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.  2010 - 2015