Air Liquide recognized for ESG achievements
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Air Liquide recognized for ESG achievements

Air Liquide has opened a new chapter of its history with its ADVANCE medium term plan

  • By ICN Bureau | January 17, 2023

Air Liquide has received new recognitions for its environmental, social and governance (ESG) achievements in key corporate sustainability 2022 ratings. Illustrating its progress on sustainability, Air Liquide is now included in the Dow Jones Sustainability Europe Index. In addition, while maintaining its CDP “A-” score in both Water and Climate Change, Air Liquide is ranked #4 by Chemscore among the world's top chemical producers in their efforts to manage their environmental impact.

Demonstrating its advancements towards its sustainability commitments, Air Liquide has achieved a strong performance across major ESG 2022 ratings, including:

Dow Jones Sustainability Europe Index

Air Liquide is now included in the Dow Jones Sustainability Europe Index, established by S&P Global, which provides a Corporate Sustainability Assessment, an annual evaluation of companies’ progress on sustainability. This index recognizes 153 of Europe's leading companies on ESG performance. Air Liquide has also been in the FTSE4Good index for six years.

CDP’s Water and Climate Change

Air Liquide’s leadership in environmental action is highlighted by its “A-” score, which is well above the average for the sector, in both Water and Climate Change from global non-profit organization CDP. This rating evaluates companies on their environmental action. It recognizes the Group’s continued stewardship on climate and water topics, including some of the most ambitious sustainability objectives in its sector.

Additionally, Air Liquide was the first in its industry to obtain validation of its 2035 CO2 emission reduction targets from the Science Based Targets Initiative (SBTi), which is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wildlife Fund (WWF).

ChemScore

In recognition of the Group’s commitment to responsibly manage the environmental impact of its product portfolio, Air Liquide was ranked #4 out of 54 of the world’s leading companies in the chemical sector by ChemScore. The ChemScore report is a project hosted by ChemSec, an independent non-profit organization and the International Chemical Secretariat.

For the ninth consecutive year, Air Liquide has been a signatory of the United Nations Global Compact, which emphasizes the Group’s long standing commitment to integrating sustainability in its strategy through its contributions to ESG actions. Taking it one step further, Air Liquide has set ambitious objectives as part of its ADVANCE strategic plan for 2025, which places sustainable development at the heart of its strategy and combines financial and extra-financial performance.

Fabienne Lecorvaisier, Executive Vice President and Member of the Executive Committee, in charge of Sustainable Development, Public and International Affairs as well as the supervision of the Social Programs and the General Secretariat, said: “By linking inseparably financial and extra financial performance, Air Liquide has opened a new chapter of its history with its ADVANCE medium term plan: Sustainability is now at the heart of our strategy, with ambitious decarbonization objectives. We are very proud to have our transparency and progress towards our commitments recognized by key ESG ratings ; this is further encouragement to continue our actions. Facing climate emergency, we are committed to act towards a low-carbon society, not only by decarbonizing our activities but also by inventing new solutions for our clients and supporting them on their way to carbon neutrality.”


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