Danbury-based Praxair Inc., an industrial supplier of gases, has been named to the 2015 Carbon Disclosure Project Standard & Poor”™s 500 Climate Disclosure Leadership Index with a perfect score of 100 for the eighth year in a row.
The Carbon Disclosure Project, which is known as CDP, is an international, not-for-profit organization that provides environmental disclosure systems for measuring the quality and completeness of carbon management reporting.
The annual index spotlights companies listed on the S&P 500 that demonstrate a high level of transparency and data quality in their disclosure of climate-related information, Praxair reported.
“Through their actions, Praxair employees around the world are delivering on our mission of making our planet more productive,” said Riva Krut, chief sustainability officer for Praxair. “Our employees are continuously developing applications and technologies that improve our customers”™ environmental performance. Simultaneously, they are driving results through Praxair”™s sustainable development program, delivering savings and reductions in our own environmental resource intensity.”
Praxair also received a grade of “A-” for performance on the Carbon Disclosure Performance Index. Its overall score was the highest among industrial gases companies worldwide, Praxair said.
According to Praxair, in 2014, the company implemented projects that, among other benefits, avoided emissions of 450,000 metric tons of carbon dioxide or its equivalent and saved 600,000 MWh of electricity, which contributed to Praxair’s operating results.
Praxair is a Fortune 250 company with 2014 sales of $12.3 billion and is one of the largest industrial gas companies worldwide.
