Air Products and Chemicals Inc
Chemicals
Company Summary
Air Products and Chemicals, founded in 1940, is a global leader in industrial gases, serving sectors like chemicals, energy, and electronics. The company’s ESG score benefits from its commitment to energy efficiency, carbon capture technologies, and the promotion of renewable energy. Air Products has made significant strides in reducing emissions and developing sustainable solutions for industrial applications. However, challenges remain regarding the environmental impact of its production processes, particularly in the fossil fuel sector. Despite these challenges, Air Products is working to balance industrial growth with environmental responsibility. For more details, refer to the Air Products and Chemicals ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Air Products is average among 65 companies in the specialty chemicals industry.
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News from Air Products and Chemicals Inc
FAQ
What is Air Products and Chemicals' ESG score?
Air Products and Chemicals has a strong ESG score of 77/100, particularly excelling in environmental sustainability and innovation. The company is consistently recognized for its efforts in clean energy technologies and its commitment to reducing CO₂ emissions.
How does Air Products and Chemicals address ESG challenges?
Air Products focuses on hydrogen fuel technologies and the development of clean energy solutions. In addition to expanding its hydrogen production capabilities, the company has committed to net-zero emissions by 2050, with interim goals of reducing its carbon intensity by 30% by 2030.
What social responsibility programs does Air Products and Chemicals have?
Air Products supports several social responsibility initiatives, including workforce diversity, STEM education, and community development programs. It has partnered with local governments and non-profits to improve access to clean energy and educational opportunities in underserved communities.
