Ingersoll Rand Selected for the 2017 Dow Jones Sustainability World and North America Indices for Seventh Consecutive Year
SWORDS, Ireland–(BUSINESS WIRE)–For the seventh consecutive year, Ingersoll Rand (NYSE:IR), a world
leader in creating comfortable, sustainable and efficient environments,
has been named to the Dow Jones Sustainability World and North America
Indices. Continued placement on this index series showcases the
company’s position as an economic, environmental and social leader among
peer companies.
Ingersoll Rand products and services heat, cool and automate homes and
buildings; enhance commercial and industrial productivity; keep
transported food and perishables safe and fresh; and deliver fun,
efficient and reliable transportation solutions. Our business operations
reflect a longstanding commitment to innovation, sustainability and
corporate citizenship aimed at leading the way to a better world.
“There’s more to a company’s purpose than generating great financial
results,” said Michael W. Lamach, chairman and chief executive officer
of Ingersoll Rand. “We have an obligation to anticipate and address
pressing global trends that impact the way we live, work and move.
That’s why our focus on business, social and environmental
sustainability guides both what we do and how we do it. Inclusion on the
Dow Jones Sustainability World and North America Indices over the past
seven years is an honor, and recognizes the longstanding positive impact
our people have on the world.”
The Dow Jones Sustainability Indices launched in 1999 as the first
global sustainability benchmarks. The indices are offered cooperatively
by RobecoSAM and S&P Dow Jones Indices. The indices serve as benchmarks
for investors who integrate sustainability considerations into their
portfolios, and provide an effective engagement platform for companies
who want to adopt sustainable best practices.
Ingersoll Rand Climate Commitment
Ingersoll
Rand made a commitment to significantly reduce greenhouse gas (GHG)
emissions from its products and operations by 2030. The company’s
Climate Commitment pledges to:
-
Cut the refrigerant GHG footprint of its products by 50 percent by
2020 and incorporate lower global warming potential (GWP) alternatives
across its portfolio by 2030; -
Invest $500 million in product-related research and development over
the next five years to fund the long-term reduction of GHG emissions;
and - Reduce company operations-related GHG emissions by 35 percent by 2020.
To date, the commitment has supported the avoidance of approximately 6.7
million metric tons of CO2e globally, which is the equivalent
of avoiding annual CO2 emissions from energy used in more
than 700,000 homes. To support the commitment, Ingersoll Rand launched
EcoWise™, a portfolio of products designed to lower environmental impact
with next-generation, low-global warming potential refrigerants and high
efficiency operation. By 2030, the company expects to reduce its carbon
footprint by 50 million metric tons.
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.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a
part of McGraw Hill Financial, is the world’s largest, global resource
for index-based concepts, data and research. Home to iconic financial
market indicators, such as the S&P 500® and the Dow Jones Industrial
Average™, S&P Dow Jones Indices LLC has over 115 years of experience
constructing innovative and transparent solutions that fulfill the needs
of investors. More assets are invested in products based upon our
indices than any other provider in the world. With over 830,000 indices
covering a wide range of asset classes across the globe, S&P Dow Jones
Indices LLC defines the way investors measure and trade the markets. To
learn more about the company, please visit www.spdji.com.
Contacts
Ingersoll Rand
Dan Berei, 704-655-5018
[email protected]