Sustainability

Sustainability is at the core of our Higher Purpose to bring people together to collaborate and innovate solutions to the world’s most significant energy and environmental sustainability challenges. We live our Higher Purpose through the two pillars of our business strategy with sustainability as the foundation: our core industrial gases business and our blue and green hydrogen business. We are in the fortunate position of being able to do good for the planet, while at the same time seeking returns for our shareholders.

Sustainability Report

During the past year, we have strengthened our sustainability goals for the future, announced impressive capital spending targets for energy transition projects, and continued work on several world-scale, first-mover clean energy projects focused on decarbonizing heavy-duty transportation and industrial sectors.

2023 Sustainability Report

Sustainability Commitments

Our sustainability goals reflect our aspirations to enable and accelerate the global energy transition and achieve our overarching Company goal to be the safest, most diverse and most profitable industrial gas company in the world, providing excellent service to our customers. Fundamentally, it is our people who are the real enablers of a cleaner future, working alongside our customers to help solve pressing energy and environmental challenges.

Sustainability Goals

Sustainability Implementation Framework

To manage sustainability and make progress towards our goals, we use a Sustainability Implementation Framework
comprised of three areas — Grow, Conserve and Care. Our sustainability initiatives and programs
are defined in line with these three areas, and our sustainability goals are lined up accordingly.

Sustainability is our growth strategy at Air Products. Sustainability creates our growth opportunities, and our growth opportunities support our sustainability focus and goals.
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The world faces a huge challenge in shifting toward clean, sustainable energy sources, and we believe we have the diverse mix of solutions to meet these clean energy needs.
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Ensuring the safety of our employees, customers and the communities where we work is fundamental to our daily operations around the world.
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Green Finance Framework

We have established our Green Finance Framework to further align our financing activities with our sustainability strategy and commitments. The Framework outlines the methodology and principles for green finance instruments that may be issued by Air Products to finance and/or refinance eligible projects contributing to our sustainability strategy.

Air Products Green Finance Framework Second-party Opinion (Sustainalytics)

Landscaping Design Rooted in Sustainability

The landscaping at Air Products' global headquarters is part of a diverse ecosystem and pollinator-friendly meadows project designed to reduce water, fuel, fertilizers, and pesticides. It is a deliberately different look than traditional frequently cut and treated lawns, and is meant to offer a diverse habitat for wildlife while conserving resources, which aligns with our commitment to sustainability.

The multi-year meadow project includes areas planted with native grasses and wild-flowers that will be allowed to grow tall so they attract wildlife, support pollinators (like hummingbirds, bees, and butterflies), and offer a changing view through the seasons.

You can learn more about this growing trend in corporate landscaping and see additional photos of our global headquarters campus in this New York Times article.

New York Times Article

Sustainability in Action

We are committed to helping our customers improve their sustainability performance, reducing our environmental impacts, and supporting our employees, communities and stakeholders. See how we are putting our sustainability commitments into action to make a difference for our world.

What we're doing

Forbes Best Employers for Diversity 2023

Air Products was named one of America’s Best Employers for Diversity for 2023 by Forbes Magazine. Moving up from 17th in 2022 to number four in the annual overall rankings, Air Products is ranked as the top company in the construction, oil and gas operations, mining and chemicals industry group.

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