SHANGHAI, Jan. 25,
2024 /PRNewswire/ -- Air Products (NYSE: APD), a
world-leading industrial gases company serving China for 37 years, won both the Overall
Community Care Award and the Dual Carbon Contribution Award for
2023 at the 13th China Philanthropy Festival and 2023
ESG Summit in Beijing on
January 23-24. Air Products was among
15 leading companies from various industries that received the
Overall Community Care Award and one of 15 winners of the Dual
Carbon Contribution Award.
Air Products has been honored for nine consecutive years at this
influential event for its outstanding social impact. This year
marks the first time the company has also received recognition for
its ongoing commitment and contributions to China's green and low-carbon development.
Co-organized annually by key Chinese mainstream media outlets,
the China Philanthropy Festival advocates charitable spirit and
undertakings. This year's event also recognized ESG (environmental,
social, and governance) performance in support of China's Dual Carbon goals of carbon peaking by
2030, carbon neutrality by 2060, and sustainable development.
Around 900 participating companies were evaluated by a judging
panel, which included leaders and experts from charitable
organizations, institutions, consulting firms and the media, based
on sustainability, creativity, adaptability, credibility and level
of influence.
"We are proud to be recognized nine times in a row at the event
for our ongoing community efforts. The Dual Carbon Contribution
Award carries extra meaning because it is testimony to our
unwavering commitment to China's
sustainable development," said Saw Choon
Seong, China president at
Air Products. "Air Products' two-pillar growth strategy, with
a focus on serving energy, environment and emerging markets and
solving the most significant sustainability challenges, is aligned
with the company's vision for a better world. We will continue to
collaborate closely with governments, customers and other
stakeholders here to drive decarbonization and address societal
needs throughout the 14th Five-Year period and
beyond."
In China, Air Products' major
corporate social responsibility (CSR) initiatives include the LIN
(liquid nitrogen) Ambassador Program to foster the next
generation's innovative and scientific mindset through LIN
demonstrations, and the Safe and Healthy Drinking Water Program to
provide safe and direct drinking water for children in rural
schools. These two programs have collectively benefited over
110,000 students and teachers from more than 200 schools across 27
cities. Last year also marked the company's 10th
anniversary of employee volunteer activities.
Air Products has been helping customers and industries improve
sustainability performance through its sustainable offerings and is
making significant investments in clean energy projects. In Haiyan,
Jiaxing city, Zhejiang province,
the company is building China's
first commercial-scale liquid hydrogen production facility and has
established an Asia Hydrogen Application Technology Center to
support evolving needs for hydrogen solutions for hard-to-abate
industrial sectors. Air Products is also installing commercial
hydrogen fueling stations in the Yangtze River Delta region and for
other major fuel cell vehicle demonstration clusters. Last year,
the company brought onstream its first hydrogen fueling station in
Changshu city, Jiangsu province,
jointly built with Chengzhi Shareholding to pilot zero-emission
transportation in logistics operations and public buses.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases
company in operation for over 80 years focused on serving energy,
environmental, and emerging markets. The Company has two growth
pillars driven by sustainability. Air Products' base business
provides essential industrial gases, related equipment and
applications expertise to customers in dozens of industries,
including refining, chemicals, metals, electronics, manufacturing,
and food. The Company also develops, engineers, builds, owns and
operates some of the world's largest clean hydrogen projects
supporting the transition to low- and zero-carbon energy in the
heavy-duty transportation and industrial sectors. Additionally, Air
Products is the world leader in the supply of liquefied natural gas
process technology and equipment, and provides turbomachinery,
membrane systems and cryogenic containers globally.
The Company had fiscal 2023 sales of $12.6 billion from operations in approximately 50
countries and has a current market capitalization of about
$60 billion. Approximately 23,000
passionate, talented and committed employees from diverse
backgrounds are driven by Air Products' higher purpose to create
innovative solutions that benefit the environment, enhance
sustainability and reimagine what's possible to address the
challenges facing customers, communities, and the world. For more
information, visit www.airproducts.com or follow us on
LinkedIn, X, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements: This
release contains "forward-looking statements" within the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements are based on management's
expectations and assumptions as of the date of this release and are
not guarantees of future performance. While forward-looking
statements are made in good faith and based on assumptions,
expectations and projections that management believes are
reasonable based on currently available information, actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors, including the risk factors
described in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2023 and other
factors disclosed in our filings with the Securities and Exchange
Commission. Except as required by law, we disclaim any obligation
or undertaking to update or revise any forward-looking statements
contained herein to reflect any change in the assumptions, beliefs
or expectations or any change in events, conditions or
circumstances upon which any such forward-looking statements are
based.
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SOURCE Air Products