Air Products And Chemicals

Air Products and Chemicals, a US-based research and development services company, has reported its carbon emissions for recent years. In 2024, the company's total greenhouse gas emissions were approximately 36.4 billion kg CO2e. This comprised about 16.9 billion kg CO2e of Scope 1 emissions and approximately 11 billion kg CO2e for Scope 2 emissions (both market-based and location-based). Scope 3 emissions for 2024 totalled roughly 8.5 billion kg CO2e, with significant contributions from fuel and energy-related activities (about 4.3 billion kg CO2e), investments (approximately 2.1 billion kg CO2e), and use of sold products (around 2.1 billion kg CO2e).

In 2023, total emissions were approximately 36.5 billion kg CO2e, with Scope 1 at about 16.9 billion kg CO2e and Scope 2 at around 10.7 billion kg CO2e (location-based). Scope 3 emissions in 2023 amounted to approximately 8.9 billion kg CO2e.

Air Products and Chemicals is committed to reducing its climate impact. A key target is the "Third by '30" initiative, aiming for a 33% reduction in Scope 1, 2, and 3 carbon intensity by 2030, using a 2023 baseline. The company also has a long-term goal of achieving Net Zero by 2050. Furthermore, Science Based Targets initiative (SBTi) data indicates commitments for absolute reductions, including a 42% decrease in Scope 1 and 2 GHG emissions by 2030 from a 2021 base year, alongside a commitment to measure and reduce Scope 3 emissions. Older targets included a goal to reduce GHG intensity by 2% by 2020 from a 2015 baseline.