Air Products aims for one-third reduction in CO2 emissions by 2030
Sustainability

Air Products aims for one-third reduction in CO2 emissions by 2030

The company set this new target as it closes in on successfully attaining a series of 2020 sustainability goals.

  • By Pravin Prashant | September 20, 2020
Air Products has announced a new sustainability goal to reduce its carbon dioxide emissions (CO2) intensity (kg CO2/mmbtu) by one-third by the year 2030 from a 2015 baseline.
 
The company set this new target as it closes in on successfully attaining a series of 2020 sustainability goals.
 
“Sustainability is at the heart of what Air Products has done as a business for the past 80 years. Our industrial gases, technologies and applications enable customers around the world to reduce their energy use, lower emissions and increase productivity. Air Products is also playing a lead role in helping to address significant energy and environmental challenges through gasification, carbon capture and hydrogen for mobility solutions, including through projects like NEOM – the world’s largest carbon-free and truly transformative hydrogen project,” said Air Products’ Chairman, President and CEO, Seifi Ghasemi.
 
“This ambitious goal is totally aligned with our business strategy. Key drivers toward our goal include carbon capture projects; low-carbon and carbon-free projects; operational excellence; and increased use of renewable energy. With our technology and products, and most importantly, our hard-working and truly committed people, I am confident we will continue our strong track record of setting ambitious goals and meeting and exceeding them,” he said.
 
The company currently also is developing additional new sustainability goals beyond the emissions reduction target.
 
In addition to providing products that allowed Air Products’ customers to avoid 69 million t of CO2 emissions in 2019, the company also has achieved, and in several cases exceeded, previous 2020 goals from a 2015 baseline.
 

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