Newsweek Names Praxair a Top Green Company
June 27, 2016
DANBURY, Conn., June 27, 2016 — Praxair, Inc. (NYSE: PX), a leading industrial gas company and 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.
“We have embedded sustainable development across our business to help drive value throughout our company and appreciate being recognized by Newsweek Green Rankings for these efforts,” said Dr. Riva Krut, chief sustainability officer for Praxair. “Environmental stewardship is good for Praxair as well as our customers, suppliers and communities. Each of our employees takes this responsibility seriously and the results of their efforts can be seen in their day-to-day actions, whether it is taking the initiative to reduce waste, conserve energy or develop solutions that help solve some of the world's greatest environmental challenges.”
Newsweek’s rankings are based on research from Corporate Knights Capital and HIP Investor, which measured and assessed companies’ performance across eight specific indicators in environmental, social and governance areas.
More information about Praxair’s sustainable development practices can be found at: http://www.praxair.com/our-company/sustainable-development. For more information about the 2016 Newsweek Green Rankings, visit http://www.newsweek.com/green-2016.
Praxair, Inc., a Fortune 300 company with 2015 sales of $11 billion, is a leading industrial gas company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair 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. More information about Praxair, Inc. is available at www.praxair.com.