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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.
+14 vs industry average
Air Products And Chemicals’s score of 47 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Research Services has below-average carbon intensity
The Research Services industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Air Products And Chemicals reported total emissions of approximately 36.4 billion kg CO2e in 2024. This included about 16.9 billion kg CO2e from Scope 1 emissions, 11 billion kg CO2e from Scope 2 market-based emissions, and 8.5 billion kg CO2e from Scope 3 emissions. For 2023, total emissions were around 36.5 billion kg CO2e, comprising approximately 16.9 billion kg CO2e in Scope 1, 10.7 billion kg CO2e in Scope 2 location-based emissions, and 8.9 billion kg CO2e in Scope 3.
Air Products And Chemicals has set several climate commitments. They aim to achieve Net Zero by 2050. Their near-term targets include a 33% reduction in Scope 1, Scope 2, and Scope 3 carbon intensity by 2030, using a 2023 baseline. Additionally, the company has a Science Based Target initiative (SBTi) commitment to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, from a 2021 base year, and to measure and reduce its Scope 3 emissions. This SBTi target has been classified as consistent with reductions required to keep warming to 1.5°C.
2030
42% reduction in Scope 1
This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://science…
2030
42% reduction in Scope 2
This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://science…
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Common questions about Air Products And Chemicals’s sustainability data and climate commitments
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