DANBURY, Conn., January 31, 2018 – Praxair, Inc. (NYSE: PX), a leading industrial gas company and recognized global leader in sustainable development, has again earned a place in the Newsweek Green Rankings. For 2017, Praxair ranked first among all industrial gas companies and ranked 26th on the U.S. 500. The company ranked 4th out of 35 companies in the Materials sector.
The U.S. 500 is an assessment of the sustainability performance of the 500 largest publicly-traded companies in the U.S. by revenue. Newsweek’s rankings are based on research from Corporate Knights and HIP Investor, which measured and assessed companies’ sustainability performance across eight specific indicators, including Energy, GHG and Water Productivity, Green Revenue, and Sustainability Governance. For more information about the 2017 Newsweek Green Rankings, visit http://bit.ly/2BQD9yd.
“We are proud to again be recognized by Newsweek for our sustainable development efforts,” said Dr. Riva Krut, chief sustainability officer for Praxair. “Environmental and social responsibility are core values at Praxair that our employees live every day, not only supporting our company’s efforts to minimize its environmental footprint, but also helping our customers to do the same. This is a recognition of all of our employees for their commitment to sustainable development around the world.”
Praxair has a strong record of sustainable development, including:
- Being named to the Dow Jones® World Sustainability Index for 15 consecutive years.
- Being listed as one of the 2017 Forbes JUST 100, a list of “America’s Most Just Companies.”
- Being included in the FTSE4Good Index Series by FTSE Russell for the second consecutive year.
More information about Praxair’s sustainable development practices can be found at http://bit.ly/1UXmtdG.
Praxair, Inc. is a leading industrial gas company in North and South America and one of the largest worldwide. With market capitalization of approximately $40 billion and 2017 sales of $11 billion, the company employs over 26,000 people globally and has been named to the Dow Jones® World Sustainability Index for 15 consecutive years. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Our 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. For more information about the company, please visit our website at www.praxair.com.