DANBURY, Conn., May 9, 2018 – Praxair, Inc. (NYSE: PX), a recognized global leader in sustainable development, placed 17th on Corporate Responsibility Magazine’s 100 Best Corporate Citizens List for 2018. This is the sixth consecutive year the company has been recognized.
The list recognizes leadership and achievements based on performance in seven categories: environmental, climate change, human rights, employee relations, corporate governance, philanthropy and financial performance. The list ranks all companies in the Russell 1000® Index.
“We are honored to be recognized by CR Magazine as a leader in corporate social responsibility,” said Dr. Riva Krut, Praxair vice president and chief sustainability officer. “This achievement recognizes our employees’ dedication to the environment, responsible business practices and the local communities we serve.”
In 2017, Praxair applications enabled its customers to avoid more than twice the greenhouse gases that were emitted in all of the company’s operations and to provide safe drinking water to 145 million people. Additionally, Praxair employees executed community engagement projects that benefited approximately 355,000 people or more than 13 beneficiaries per employee.
Praxair’s sustainable development has been widely recognized. In 2017, the company was named to the Dow Jones® World Sustainability Indices for 15 consecutive years and received a perfect score of 100 from the Human Rights Campaign Corporate Equality Index. Additionally, Praxair was named a 2018 World’s Most Ethical Company® by the Ethisphere Institute. For more information about Praxair’s sustainable development program, please visit http://www.praxair.com/our-company/sustainable-development.
Praxair, Inc. is a leading industrial gas company in North and South America and one of the largest worldwide. With market capitalization of approximately $40 billion and 2017 sales of $11 billion, the company employs over 26,000 people globally and has been named to the Dow Jones® World Sustainability Index for 15 consecutive years. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Our products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. For more information about the company, please visit our website at www.praxair.com.