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OrganisationsAir Products And Chemicals
Air Products And Chemicals logo

Air Products And Chemicals

Research ServicesUnited StatesNYSE: APD
Last verified 9 months agoairproducts.co.uk

Air Products and Chemicals, Inc., commonly known as Air Products, is a leading player in the research and development services sector, headquartered in the United States. Founded in 1940, the company has established a strong presence in various operational regions, including North America, Europe, and Asia.

Specialising in industrial gases, Air Products offers a diverse range of products and services, including hydrogen, oxygen, and nitrogen, which are essential for numerous industries such as healthcare, energy, and manufacturing. The company is recognised for its innovative solutions that enhance efficiency and sustainability, positioning it as a market leader.

With a commitment to advancing technology and safety, Air Products has achieved significant milestones, including pioneering developments in hydrogen energy. Its dedication to research and development continues to drive its success and reputation within the industry.

41
DitchCarbon score

+12 vs industry average

Air Products And Chemicals’s score of 41 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Research Services has typical carbon intensity

Industry performance

0.133
20192025

The Research Services industry has increased its overall emissions by 17% since 2019

Emissions trajectory 2020 – 2027

00B00.0B00.0B00.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Air Products And Chemicals's reported carbon emissions

Air Products and Chemicals, a US-based company operating in research and development services (73), reported total global GHG emissions of approximately 36.4 billion kg CO2e for 2024. This figure encompasses Scope 1 emissions totalling approximately 16.9 billion kg CO2e, Scope 2 emissions at approximately 11 billion kg CO2e, and Scope 3 emissions at approximately 8.5 billion kg CO2e. The company has set a target to reduce its Scope 1 and 2 carbon intensity by 33% by 2030, using a 2023 baseline. Furthermore, Air Products and Chemicals has a long-term ambition to achieve Net Zero emissions by 2050. They are also committed to reducing Scope 3 carbon intensity by 33% by 2030, aligned with the 2023 baseline. In previous years, the company's total GHG emissions were approximately 36.5 billion kg CO2e in 2023, 35.3 billion kg CO2e in 2022, and 35 billion kg CO2e in 2021. Scope 1 emissions have remained relatively stable, around 16 billion to 17 billion kg CO2e annually across these years. Scope 2 emissions have fluctuated, with approximately 10.7 billion kg CO2e in 2023 and 2022, and around 10.3 billion kg CO2e in 2021. Scope 3 emissions have also shown variation, standing at approximately 8.9 billion kg CO2e in 2023 and 8.7 billion kg CO2e in 2022, with the largest component in 2021 being fuel and energy-related activities at about 4.5 billion kg CO2e. The company's sustainability reports also indicate past intensity reduction goals, such as a target to reduce GHG intensity by 2% by 2020 from a 2015 baseline.

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Air Products And Chemicals’s Climate Goals (2030 & 2050)

4 goals

2050

• Updated – Third by ’30: 33% reduction in Scope 1 and 2, an…

• Updated – Third by ’30: 33% reduction in Scope 1 and 2, and Scope 3 carbon intensity by 2030 versus 2023 baseline1 • Net Zero by 2050

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

3 of 15 categories disclosed
Fuel & Energy Activities51%
Use of Sold Products25%
Investments25%
Fuel & Energy Activities51%
Use of Sold Products25%
Investments25%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Air Products And Chemicals logoAir Products And Chemicals
USResearch Services
9 months ago
41
Dsm Firmenich logoDsm Firmenich
NLChemicals
7 days ago
84
View
MERCK Kommanditgesellschaft auf Aktien logoMERCK Kommanditgesellschaft auf Aktien
DEPharmaceutical Preparation Manufacturing
25 minutes ago
84
View
Linde logoLinde
GBOther Basic Inorganic Chemical Manufacturing
23 days ago
80
View
Emerson Electric logoEmerson Electric
USSoftware and Other Prerecorded Compact Disc, Tape, and Record Reproducing
13 days ago
77
View
Air Liquide logoAir Liquide
FRIndustrial Gas Manufacturing
19 hours ago
77
View
Linde India Limited logoLinde India Limited
INChemicals
23 days ago
69
View

Frequently asked questions

Common questions about Air Products And Chemicals’s sustainability data and climate commitments

Air Products And Chemicals reported total global GHG emissions of approximately 36.4 billion kg CO2e for 2024. This includes roughly 16.9 billion kg CO2e from Scope 1 emissions, about 11 billion kg CO2e from Scope 2 emissions, and approximately 8.5 billion kg CO2e from Scope 3 emissions. These figures highlight the company's significant carbon footprint and the need for ongoing emissions reduction efforts across all operational scopes.

Data year: 2024

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

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