LEHIGH VALLEY, Pa., Sept. 20, 2017 /PRNewswire/ -- Air Products (NYSE: APD) has again been named to the Dow Jones Sustainability North America Index (DJSI) 2017/2018 and was ranked among the top 20 companies in its industry group for corporate sustainability performance.
Annually, RobecoSAM invites more than 3,000 publicly-traded companies to complete its Corporate Sustainability Assessment, which is used to evaluate each company's economic, environmental, social and governance practices. The companies best managing sustainability opportunities and risks are then selected for inclusion in the DJSI Indices based on an assessment of general and industry-specific sustainability criteria.
"At Air Products, sustainability is what we do as a business. We are pleased to again be listed by the DJSI as it demonstrates our commitment to being excellent in what we do. Our 'Grow − Conserve – Care' approach to managing sustainability is rooted in our fundamental belief that good sustainability practices lead to long-term shareholder value and competitive advantage for our customers and for us," said Seifi Ghasemi, chairman, president and chief executive officer of Air Products.
In addition to the DJSI North America Index listing, FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Air Products has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
About DJSI
Launched in 1999, the DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM's analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P DJI's robust index methodology. Every year, RobecoSAM assesses the world's largest companies via its Corporate Sustainability Assessment (CSA), which uses a consistent, rules-based methodology to convert an average of 600 data points per company into one overall score. This score determines inclusion in the DJSI. For more about DJSI, visit: www.sustainability-indices.com.
About Air Products
Air Products (NYSE: APD) is a world-leading Industrial Gases company in operation for over 75 years. The Company's core industrial gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world's leading supplier of liquefied natural gas process technology and equipment.
The Company had fiscal 2016 sales of $7.5 billion from continuing operations in 50 countries and has a current market capitalization of approximately $30 billion. Approximately 16,000 employees are making Air Products the world's safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company's Form 10K for its fiscal year ended September 30, 2016.
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SOURCE Air Products
