Ingersoll Rand Named to Dow Jones Sustainability Indices
16 September 2019 - 12:30PM
Business Wire
For the ninth 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 (DJSI). Continued placement on this index
series showcases the company’s advances in integrating
environmental, social and governance (ESG) practices into the core
of how the company is operated.
“DJSI remains a critical benchmark of sustainability leadership
and we are proud to be recognized for the ninth consecutive year
for our strong environmental, social and governance practices,”
said Michael W. Lamach, chairman and chief executive officer at
Ingersoll Rand. “As a purpose-driven company, our commitment is to
help solve the world’s greatest challenges including climate
change, urbanization and resource scarcity. Sustainability is at
the heart of how we serve customers, operate our business and
engage our people.”
The DJSI are a family of best-in-class benchmarks for those
investors who wish to reflect their sustainability convictions in
their portfolios. Ingersoll Rand’s inclusion for nearly 10 years
affirms the company’s commitment to incorporating sustainable
practices into every aspect of its business including product
innovation, corporate citizenship activities and its engagement
with customers and suppliers. The DJSI is also a leading benchmark
platform for companies looking to adopt sustainable practices.
Continued placement on this index series displays Ingersoll
Rand’s position as an ESG leader among S&P Industrial peer
companies and progress towards the company’s 2030 sustainability
commitments, among other ESG factors.
Our 2030 Commitments
Ingersoll Rand and its leading brands, Thermo King and Trane,
was the first industrial company to announce its 2030 ESG
Commitments upon accepting the World Environment Center's 35th
Annual Gold Medal for International Corporate Achievement in
Sustainable Development. These commitments include:
- The Gigaton Challenge: Meet the challenge of climate
change including reducing customer carbon footprint from buildings,
homes and transportation by one gigaton* CO2e. This is the largest
customer climate commitment made by any business-to-business
company – it is equivalent to the annual emissions of Italy, France
and the United Kingdom combined.
- Leading by Example: Transform its supply chain and
operations to have a restorative impact on the environment
including achieving carbon neutral operations and giving back more
water than it uses in water-stressed areas.
- Opportunity for All: Strengthen economic mobility and
bolster quality of life including gender parity in leadership
roles, a workforce reflective of its community populations,
maintaining livable market-competitive wages and broadening
community access to cooling comfort, housing and food.
To learn more, visit www.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.
About S&P Dow Jones Indices
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
products based on our indices than products based on indices from
any other provider in the world. Since Charles Dow invented the
first index in 1884, S&P DJI has been innovating and developing
indices across the spectrum of asset classes helping to define the
way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE:
SPGI), which provides essential intelligence for individuals,
companies and governments to make decisions with confidence. For
more information, visit www.spdji.com.
*One gigaton equals 1 billion metric tons
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Media: Perri Richman (732) 652-6943, prichman@irco.com
Analysts: Zac Nagle (704) 990-3913,
investorrelations@irco.com
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