SWORDS, Ireland--(Ingersoll Rand (NYSE:IR), a world leader in creating and sustaining safe, comfortable and efficient environments, was selected for the 2012 Dow Jones Sustainability World Index and North America Index in recognition of the company’s economic, environmental and social performance. This is the second consecutive year that Ingersoll Rand has been included on the Dow Jones Sustainability World Index.)--
“We are successfully fostering a culture of new thinking that builds on our legacy of meeting big challenges and our vision of ‘sustainable progress and enduring results’. Today, we are focused on solutions and services that meet customer needs in a world of growing resource scarcity and increasing populations.”
“Placement on the Dow Jones Sustainability World and North America Indexes validates our commitment to improving our operational efficiency and delivering innovative solutions that help our customers reduce their environmental impact,” said Michael W. Lamach, chairman and chief executive officer of Ingersoll Rand. “We are successfully fostering a culture of new thinking that builds on our legacy of meeting big challenges and our vision of ‘sustainable progress and enduring results’. Today, we are focused on solutions and services that meet customer needs in a world of growing resource scarcity and increasing populations.”
Ingersoll Rand has set and publicly announced aggressive sustainability goals. In 2011, the company successfully reduced absolute energy consumption by 14 percent from the previous year – the equivalent of 6.1 million gallons of gasoline. Last year, the company also realized a 36 percent reduction in hazardous waste and a 27 percent reduction in non-hazardous waste-to-landfill compared with 2010 – both metrics are normalized by net revenue. In 2011, the company reduced normalized GHG emissions by 18 percent compared with the previous year.
“Although we are proud of our efforts to achieve placement on the DJSI, we are determined to continue to improve our scores in all areas,” said John Conover, president of Ingersoll Rand’s Security Technologies business and chairman of the company’s sustainability strategy council. “For instance, through our ongoing and proactive assessment of our customers’ challenges and sustainability needs, we are incorporating sustainable thinking in our product development process to create solutions that reduce environmental impact and deliver more efficiency throughout the full life of the product.”
Ingersoll Rand produces a combined Annual and Sustainability Report on economic, social and environmental performance, including how the company is addressing urgent global social and environmental challenges in a way that is valuable to customers. To view the company’s most recent Annual and Sustainability Report, visit www.ingersollrand.com/sustainability.
About the DJSI: The DJSI World Index was first published in September 1999. It is based on the largest 2,500 companies in the Dow Jones Global Total Stock Market Index (DJGTSMI). The DJSI World Index reviews the top 10 percent of these companies in terms of economic, environmental, and social criteria, which equals about 300 companies. The DJSI North America Index launched in September 2005 and reviews the top 20 percent of the 600 largest companies in the United States and Canada.
To be selected for any index, companies must undergo a thorough analysis of corporate-wide economic, environmental and social performance, assessing issues such as corporate governance, risk management, customer relationship management, product stewardship, supply chain standards and labor relations. Dow Jones and Zurich-based Sustainable Asset Management Group release the index annually.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating and sustaining safe, comfortable and efficient environments. Our people and our family of brands—including Club Car®, Ingersoll Rand®, Schlage®, Thermo King® and Trane® —work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; secure homes and commercial properties; and increase industrial productivity and efficiency. We are a $14 billion global business committed to a world of sustainable progress and enduring results. For more information, visit www.ingersollrand.com.