Air Products has earned a place on the Dow Jones Sustainability North America Index (DJSI) listing for the 13th consecutive year. The 2022 DJSI places Air Products in the top 20 percent of North American companies in its industry group based on long-term economic, environmental and social criteria.
"It is an honor to again be recognized by DJSI for our sustainability efforts," said Simon Moore, Air Products' Vice President Investor Relations, Corporate Relations and Sustainability. "Inclusion in the DJSI over many years illustrates Air Products' long-standing commitment to sustainability, which is at the heart of everything we do. Sustainability is our growth strategy at Air Products. This past year we committed to invest at least $15 billion in clean energy megaprojects to speed the energy transition and set goals to reduce our CO2 emissions intensity and reach net zero emissions in our operations by 2050."
In 2022, Air Products announced plans for two green hydrogen facilities, including a 35-metric ton per day facility to produce green liquid hydrogen in Massena, New York and a joint venture with AES to invest approximately $4 billion to build a mega-scale green hydrogen production facility in Wilbarger County, Texas. These two new projects are in addition to several hydrogen megaprojects Air Products is already executing in the U.S. and around the world. Air Products is also partnering with several ports to bring green hydrogen to Europe.
The DJSI are float-adjusted market capitalization weighted indices that measure the performance of companies selected using environmental, social and governance (ESG) criteria. The DJSI indices apply a transparent, rules-based constituent selection process based on the companies' S&P Global ESG Score resulting from the annual S&P Global Corporate Sustainability Assessment (CSA). This year, more than 10,000 publicly traded companies were invited to participate in the S&P Global CSA that consists of a rigorous questionnaire assessing both public and non-public data submitted by participating companies.
Inclusion in the DJSI is Air Products' latest recognition for its sustainability and corporate responsibility efforts. Recently, Air Products was again named one of America's Most Responsible Companies by Newsweek.
During 2022, Air Products also has been named one of America's Best Employers for Diversity by Forbes and earned a spot on Barron's 100 Most Sustainable Companies List for the fourth year in a row. Air Products was awarded a gold medal rating for its Corporate Social Responsibility (CSR) performance from EcoVadis, a multinational CSR ratings agency, for the fifth year in a row, and was included in the Human Rights Campaign Foundation's Corporate Equality Index.