Praxair, Inc. announced it’s been listed on the STOXX Global ESG Leaders Index and STOXX North America ESG Leaders 50 for the third consecutive year. Recognizing the company’s excellent environmental, social and governance (ESG) performance, the STOXX Global ESG Leaders Index is made up of a series of ESG indices, which are based on sustainability data provided by Sustainalytics, a provider of ESG research and analysis serving the investment community. Praxair was also named to the Dow Jones Sustainability World Index and the CDP’s Global 500 Climate Disclosure Leadership Index earlier this year.
"We are proud to have been recognized once again by the STOXX Global ESG Leaders Index for our global commitment to environmental and social sustainability,” said Steve Angel, Praxair chairman and CEO. “This latest recognition is a direct result of the accomplishments of our employees around the world. Our commitment to sustainable development has resulted in significant environmental, social and business benefits for our customers, our communities and our company.”
According to Praxair, its global sustainable development program helps customers improve their environmental performance and carbon footprint as well as reducing Praxair’s own environmental resource intensity. The program is also helping drive productivity savings across the company and in 2012 sustainable productivity savings related to reductions in energy, fuel, water or waste contributed 25% of total productivity benefits. Employees worked on more than 1,750 projects in 2012 that saved 800 million kilowatt-hours of electricity, 300 million gallons of water and approximately 500,000 metric tons of CO2.