DANBURY, Conn., December 5, 2016 — Praxair, Inc. (NYSE: PX), has been named to the new Climate A List by CDP, recognizing actions Praxair has taken to manage its own carbon footprint and that of its customers. This is the ninth consecutive year that Praxair has been named to a CDP list or index.
CDP (formerly the Carbon Disclosure Project) is an international, not-for-profit organization providing a global system for companies and government organizations to measure, disclose, manage and share information on environmental performance.
Praxair is one of 193 global companies, accounting for nine percent of corporations participating in CDP’s climate change program, to be awarded a position on the list. Additionally, Praxair is the only industrial gas company included on the Climate A List.
“This recognition reinforces the importance of efforts our employees make each and every day to support Praxair’s mission of making our planet more productive,” said Praxair’s VP and Chief Sustainability Officer Dr. Riva Krut. “Through our atmospheric and process gases, and technology, Praxair has developed a wide variety of applications that help our customers improve manufacturing productivity and efficiency and solve global challenges. These include gases that help disinfect water to make it drinkable and gases that provide clean air in our cities through desulfurizing diesel and gasoline fuel in our trucks and cars.”
In 2015, Praxair implemented global projects that, among other benefits, enabled customers or their end users to avoid more than two times the GHG emissions than were emitted in all of Praxair’s operations. Additionally, from 2010, the company achieved a cumulative $260 million savings in energy efficiency, including avoiding 1.4 million MWh electricity and 2.1 million MT CO2e, which contributed directly to Praxair's operating results.
The Climate A List, along with the climate scores of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website.
Praxair, Inc., a Fortune 300 company with 2015 sales of $11 billion, is a leading industrial gas company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. More information about Praxair, Inc. is available at www.praxair.com.