Air Products to reduce CO2 emissions by one third
Sustainability

Air Products to reduce CO2 emissions by one third

2021 Sustainability report of Air Products' focuses on the "Grow, Conserve, and Care" sustainability framework and covers important sustainability priorities based on feedback from key stakeholders

  • By ICN Bureau | June 11, 2021

The 2021 Sustainability Report highlights Air Products' 'Third by 30' goal to reduce its carbon dioxide (CO2) emissions intensity (kg CO2/MM BTU) by one-third by 2030 from a 2015 baseline.

2021 Sustainability report of Air Products' focuses on the "Grow, Conserve, and Care" sustainability framework and covers important sustainability priorities based on feedback from key stakeholders. The strategy has produced positive results, as Air Products achieved many of its 2020 sustainability goals, established in 2016.

Grow – In 2020, Air Products generated 57% of revenues from sustainable offerings, and Air Products' industrial gases and technologies enabled customers to avoid the equivalent of 72 million metric tons of carbon dioxide emissions. This figure is three times Air Products' own direct and indirect CO2 emissions.

Conserve – Air Products avoided 1.3 million metric tons of CO2e through efficiency improvements and continued to build on its leading technologies for gasification, carbon capture and hydrogen for mobility to power the broader energy transition.

Care – By 2025, Air Products aims to achieve at least 28 percent female representation in its professional and managerial population globally, and at least 20 percent minority representation in the same population in the United States. In 2020, the Air Products Foundation contributed $6.4 million in charitable donations to community organizations.

The report also provides stakeholders with economic, environmental and social performance data, in accordance with the Global Reporting Initiative (GRI) standards "Core" option.

"Put simply, sustainability is our growth strategy at Air Products. Sustainability creates our growth opportunities, and our growth opportunities support our sustainability goals and focus," said Seifi Ghasemi, Air Products' Chairman, President and Chief Executive Officer.

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