Ingersoll Rand Named to the FTSE4Good Idx Series for Fifth Consecutive Year, Demonstrating Strong Environmental, Social & Gov...
22 August 2019 - 12:30PM
Business Wire
For the fifth consecutive year, Ingersoll Rand (NYSE:IR), a
world leader in creating comfortable, sustainable and efficient
environments, has been named to the FTSE4Good Index Series that
measures the performance of companies demonstrating strong
environmental, social and governance (ESG) practices.
The index series is a leading benchmark for socially responsible
investment and further demonstrates Ingersoll Rand’s, and its
strategic climate brands’ Thermo King® and Trane®, commitment to
ethical and responsible practices that promote environmental
stewardship, human rights and corporate governance.
“Sustainability is core to who we are, how we operate and how we
serve our customers and communities,” said Michael W. Lamach,
chairman and chief executive officer at Ingersoll Rand. “Being
listed on the FTSE4Good Index for the fifth consecutive year
affirms our commitment to ESG practices. Our next generation 2030
sustainability commitments – which include an ambitious goal to
reduce customer emissions from our Thermo King and Trane products
by one gigaton while reducing energy and emissions from our own
operations – will keep us focused and well-positioned to make a
positive impact and help shape the future of our organization, our
communities and our planet.”
Companies in the series have met stringent ESG criteria. Ratings
are designed to provide a multi-dimensional measure of ESG exposure
and practice and to provide the investment community with a tool to
be used in portfolio design and management against ESG criteria, or
as a framework for corporate engagement and stewardship.
FTSE Group confirms that the company has been independently
assessed according to the FTSE4Good criteria and has satisfied the
requirements to become a constituent of the index.
In May 2019, Ingersoll Rand, together with leading climate
brands Thermo King and Trane, announced their 2030 sustainability
aspirations. The company’s ESG commitments align to the time
horizon of the United Nations Sustainability goals and are designed
to meet the challenge of climate change, while increasing access to
air conditioning and perishable foods and medicines, and improving
the quality of life for people and communities where they operate
and serve. It will achieve this by applying world-class systems and
services for buildings, homes and transportation to reduce Thermo
King and Trane customer carbon footprint by one gigaton* CO2e;
transforming its own supply chain and operations to have a
restorative impact on the environment; and increasing opportunity
for all, strengthening economic mobility and extending access to
life saving cooling and perishable foods and medicine. For more
information about its 2030 sustainability aspirations, please go to
ingersollrand.com/2030.
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 global business committed to a world of
sustainable progress and enduring results. For more information,
visit www.ingersollrand.com.
*One gigaton equals 1 billion metric tons
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