(Archived) Praxair Selected for Dow Jones Sustainability Index
DANBURY, Conn., September 11, 2006 — For the fourth consecutive year, Praxair, Inc. (NYSE: PX) has been selected as a component of the Dow Jones Sustainability World Index. This puts Praxair among the top 10 percent of the world's largest 2,500 companies that are included in the index because of their industry leadership in corporate sustainability.
The Dow Jones Sustainability World Index was launched in 1999 as the first equity benchmark to track the performance of leading corporations that are committed to sustainability on a global scale. Corporations are selected for the index after a thorough assessment of economic, environmental and social criteria with a major focus on long-term shareholder-value creation.
"Selection for this index recognizes Praxair's ongoing commitment to leadership in a wide range of corporate activity, from good governance and ethical business practices, to creating environmentally-friendly technologies and achieving superior financial performance," said Praxair Chairman and Chief Executive Officer Dennis Reilley. More information on Praxair's corporate responsibility activities is available on www.praxair.com.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2005 sales of $7.7 billion. The company produces, sells and distributes atmospheric and process gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing metals and others. More information on Praxair is available on the Internet at www.praxair.com.