SOURCE: Ingersoll RandDESCRIPTION:
SWORDS, Ireland, Nov. 16, 2015 /3BL Media/– Ingersoll Rand (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, has been awarded a position on the S&P Climate Disclosure Leadership Index (CDLI), released today in the S&P edition of CDP’s annual global climate change report. The company earned a score of 99 out of a possible 100, a 6-point increase over 2014.
High scores indicate a level of transparency in the disclosure of climate change-related information, providing investors a unit of measurement to comfortably assess corporate accountability and preparedness for fluctuating market conditions and emissions regulations.
“Ingersoll Rand executes a disciplined approach to improvement and transparency around our carbon footprint and greenhouse gas reduction,” said W. Scott Tew, executive director of the Center for Energy Efficiency and Sustainability (CEES) at Ingersoll Rand. “Earning acknowledgment as a disclosure leader is an achievement for our company and showcases our dedication to achieving our global Climate Commitment.”
Ingersoll Rand was recognized for its disclosure of high quality carbon emissions and energy data through CDP’s climate change program. Ingersoll Rand’s designation on the CDLI constitutes the top 10 percent of organizations.
“As the world looks beyond the Paris climate change negotiations and prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable,” said Paul Dickinson, executive chairman and co-founder of CDP. “For this reason we congratulate those businesses that have achieved a position on CDP’s Climate Disclosure Leadership Index.”
Recognition by CDP comes in the same year as Ingersoll Rand’s inclusion on the Dow Jones Sustainability World and North America Indices, FTSE Group’s FTSE4Good Index Series, MSCI Global Sustainability Index and named the No. 1 Industrial Machinery company on Fortune Magazine’s 2015 World’s Most Admired Companies list.
Ingersoll Rand is committed to solving some of the world’s pressing challenges and in September 2014 the company made public its Climate Commitment to achieve a 50 percent reduction in greenhouse gas (GHG) refrigerant footprint of our products by 2020, and incorporating alternatives with lower global warming potential across the company’s product portfolio by 2030; make a $500 million investment in product-related research and development over the next five years to fund the long-term reduction of GHG emissions; and a 35 percent reduction in GHG footprint of our own operations by 2020.
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 Car®, Ingersoll Rand®, Thermo 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.
KEYWORDS: Awards and Recognition, Company Ratings, scott tew, CDP, CDLI, GHG, climate commitment, CEES, FTSE, MSCI, Ingersoll Rand