S&P Global recognizes Linde as sustainability leader
Sustainability

S&P Global recognizes Linde as sustainability leader

Linde scored in the 100th percentile out of more than 500 chemical companies

  • By ICN Bureau | November 27, 2023

Linde has been recognized by S&P Global as a sustainability leader, achieving the highest score of any industrial gas company in the 2023 S&P Global Corporate Sustainability Assessment (CSA).

The S&P Global CSA is an annual sustainability benchmark, which also serves as a basis for the Dow Jones Sustainability Indices, S&P 500 ESG and other sustainability indices. Companies are assessed on all aspects of corporate ESG performance and policies, in line with the latest standards of international best practice.

Overall, Linde scored in the 100th percentile out of more than 500 chemical companies and achieved the second highest score in the chemicals sector. Linde scored in the 100th percentile for both innovation management and emissions, and in the 99th percentile for human rights. Over the past year, Linde has reported progress on its 2035 science-based absolute GHG emissions reduction target. It also published a declaration of all categories of Scope 3 emissions, with a significant portion externally audited, and increased R&D spending on decarbonization. The company has also expanded its Human Rights policy.

“Transparency is central to Linde’s commitment to its stakeholders, and the S&P Global CSA is one of the most comprehensive assessments of sustainability disclosures,” said Tamara Brown, Vice President Sustainability, Linde. “We have challenged ourselves to achieve higher levels of impact, and our performance is testament to the hard work and dedication of Linde’s employees.” 

Linde’s products, technologies and services helped its customers to avoid more than 90 million metric tons of carbon dioxide equivalent in 2022 - equal to the annual emissions from 20 million passenger cars, and more than double Linde’s own global emissions. Linde’s climate goals include its 2035 science-based absolute GHG emissions reduction target and its 2050 climate neutrality ambition.

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