United States. For the eighth consecutive year, Ingersoll Rand is included in the Dow Jones World and North American Sustainability Index (DJSI). The permanent presence in this index shows the company's progress in integrating environmental, social and governance (ESG) practices into the identity of how the company acts.
"Our strong environmental, social and governance practices helped Ingersoll Rand successfully incorporate sustainability into all of our businesses and surpass the total shareholder return on the S&P 500 Industrial Index over the past five years," said Michael W. Lamach, President and CEO of Ingersoll Rand. "Companies like ours, which have the intention and expertise to address urgent global challenges such as climate change, urbanization and resource scarcity, are positioned to grow faster than the market. We are proud of the consecutive recognition in the Dow Jones Sustainability Index and continue to deepen our leadership in ESG practices."
Created by S&P Dow Jones and RobecoSAM, the Sustainability Index is a family of global benchmarks for the investor community who want to reflect their sustainability convictions in their portfolios. The Dow Jones Sustainability Index also serves as an effective engagement platform for companies that want to adopt sustainable best practices.
Continued placement in this index shows Ingersoll Rand's position as a leader in ESG (Environment, Social and Governance) among partner companies and the company's progress towards climate engagement, among other factors.
Ingersoll Rand Climate Commitment
In 2014, Ingersoll Rand publicly committed to increasing its energy efficiency and reducing greenhouse gas (GHG) emissions related to its operations and products. The company's Climate Commitment includes:
• 50% reduction in the greenhouse footprint in the refrigerant fluids of our products until 2020 and inclusion of alternatives with lower global warming potential (GWP) in our portfolio until 2030;
• Investment of US$500 million in product research and development by 2020 to finance the long-term reduction of greenhouse gas emissions;
• 35% reduction in greenhouse gas emissions in the company's offices, manufacturing facilities and fleet by 2020.
So far, Ingersoll Rand's Climate Commitment has already globally avoided the emission of 11 million metric tons of CO2 from its products compared to a 2013 line, the equivalent of emissions from the energy used in 1.6 million homes for a year. The company also reduced the greenhouse gas (GHG) intensity of its operations by 23% compared to the 2013 baseline.
