Air Products And Chemicals Sustainability Profile
Air Products and Chemicals, Inc., commonly known as Air Products, is a leading global provider of industrial gases headquartered in the United States. Founded in 1940, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in the production of atmospheric and process gases, Air Products serves a diverse range of industries, including healthcare, energy, and manufacturing. Their core offerings, such as oxygen, nitrogen, and hydrogen, are distinguished by their commitment to sustainability and innovation. With a robust market position, Air Products has achieved notable milestones, including advancements in hydrogen production and carbon capture technologies. The company continues to be recognised for its contributions to the industrial gas sector, driving efficiency and environmental responsibility across its operations.
DitchCarbon Score
How does Air Products And Chemicals's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Air Products And Chemicals's score of 35 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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Air Products And Chemicals's reported carbon emissions
In 2023, Air Products and Chemicals, headquartered in the US, reported total carbon emissions of approximately 35,300,000,000 kg CO2e. This figure includes Scope 1 emissions of about 16,400,000,000 kg CO2e, Scope 2 emissions of approximately 10,700,000,000 kg CO2e, and Scope 3 emissions of around 8,300,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 33% reduction in the carbon intensity of its Scope 1 and 2 emissions by 2030, based on a 2015 baseline. Additionally, Air Products has committed to achieving net-zero emissions across all scopes by 2050. The company’s reduction targets include a near-term goal of reducing Scope 1 and 2 emissions by 42% by 2030 from a 2021 base year, as validated by the Science Based Targets initiative (SBTi). This commitment reflects a strategic approach to align with global climate goals, ensuring that their operations contribute to limiting global warming to 1.5°C. Air Products has consistently disclosed its emissions data across all scopes, demonstrating transparency and accountability in its sustainability efforts. The company’s initiatives are supported by its sustainability reports, which outline progress and future strategies in reducing greenhouse gas emissions.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 16,700,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 10,300,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | 10,270,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Air Products And Chemicals's Industry?
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Air Products And Chemicals's Scope 3 Categories Breakdown
Air Products And Chemicals's Scope 3 emissions, which increased by 2% last year and decreased by approximately 19% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 23% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 46% of Scope 3 emissions.
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Air Products And Chemicals's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Air Products And Chemicals has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Air Products And Chemicals's sustainability data and climate commitments