Praxair Named to Dow Jones Sustainability Indices for a 16th Consecutive Year and Improves its Ranking
September 17, 2018
DANBURY, Conn., September 17, 2018 – Praxair, Inc. (NYSE: PX) 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 16 consecutive years. Additionally, Praxair’s overall ranking at the 99th percentile among all chemical companies is the company’s best ever result.
DJSI selections are based on an in-depth analysis of a company’s sustainable development practices, including corporate governance, risk management, innovation, environmental management and strategy, supply-chain standards, and safety and labor practices. Emphasis is also placed on industry-specific risks and opportunities.
“Praxair’s inclusion in these indices for the past 16 years recognizes our long-standing commitment to sustainability and the outstanding efforts of our employees,” said Praxair Chairman and CEO Steve Angel. “I am particularly pleased to see that we achieved best in class performance in innovation, environmental stewardship and inclusion.”
For more information about Praxair’s sustainable development initiatives, please visit the company’s Reporting Center at http://www.praxair.com/reportingcenter.
Praxair, Inc. is a leading industrial gas company in North and South America and one of the largest worldwide. With market capitalization of approximately $40 billion and 2017 sales of $11 billion, the company employs over 26,000 people globally and has been named to the Dow Jones® World Sustainability Index for 16 consecutive years. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Our 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. For more information about the company, please visit our website at www.praxair.com.