11:30 | 03.11.2017
Ingersoll Rand Awarded Leadership Status in CDP’s Annual Climate Change Report
The annual Global Climate Change Report from CDP awarded Ingersoll Rand
(NYSE: IR), a world leader in creating comfortable, sustainable and
efficient environments, leadership status with a final letter grade of
A-. The report and grading award is based on analysis of the current
state of corporate climate action.
Companies scoring high with the CDP demonstrate a thorough understanding
of risks and opportunities related to climate change and have formulated
and implemented strategies to mitigate or capitalize on these risks and
opportunities in line with best practices.
“Receiving CDP leadership status highlights our expertise in helping
customers become more environmentally responsible while also decreasing
the environmental impact of our operations,” said Michael W. Lamach,
Chairman and CEO of Ingersoll Rand. “With a strategy built on
sustainability and the ongoing progress of our Climate Commitment, we
are honored to again earn this recognition for our positive
This recognition highlights Ingersoll Rand’s proactive work to develop
energy-efficient solutions and refrigerant alternatives that will help
reduce harmful greenhouse gas emissions. In addition to this award, in
2017 Ingersoll Rand was also listed on the FTSE4Good Index Series, named
to the 2017 Dow Jones and the Dow Jones Sustainability World and North
America Indices and recognized on Green Builder Magazine’s annual list
of Eco Leaders.
Ingersoll Rand Climate Commitment
Ingersoll Rand made a Climate Commitment to reduce greenhouse gas
emissions from its products and operations by 2030. The Ingersoll Rand
Climate Commitment pledged to:
Cut the refrigerant GHG footprint of its products by 50 percent by
2020 and incorporate lower GWP alternatives across its portfolio by
Invest $500 million in product-related research and development over
the next five years to fund the long-term reduction of GHG emissions;
Reduce company operations-related GHG emissions by 35 percent by 2020.
To date, the company’s Climate Commitment has supported the avoidance of
approximately 6.7 million metric tons of CO2 globally, which
is the equivalent of avoiding annual CO2 emissions from
energy used in more than 700,000 homes for one year. By 2030, the
company expects to reduce its carbon footprint by 50 million metric tons.
About Ingersoll Rand
Ingersoll Rand (NYSE: IR) advances the quality of life by creating
comfortable, sustainable and efficient environments. Our people and our
family of brands—including Club
King® and Trane®—work
together to enhance the quality and comfort of air in homes and
buildings; transport and protect food and perishables; and increase
industrial productivity and efficiency. We are a $13 billion global
business committed to a world of sustainable progress and enduring
results. For more information, visit www.ingersollrand.com.
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