Air Products’ 2024 Sustainability Report highlights clean hydrogen initiatives and environmental goals

September 5, 2024

Companies & MarketsNews
September 5, 2024
Air Products produces a range of gases used in metal Additive Manufacturing, Powder Metallurgy and Metal Injection Moulding (Courtesy Air Products)
Air Products produces a range of gases used in metal Additive Manufacturing, Powder Metallurgy and Metal Injection Moulding (Courtesy Air Products)

Air Products, headquartered in Allentown, Pennsylvania, USA, has released its 2024 Sustainability Report, “Generating a Cleaner Future.” The report details progress against its existing sustainability goals and announces new ones, highlights its clean hydrogen megaprojects around the world, and showcases how its industrial gases and applications expertise can help customers to improve productivity and reduce environmental impact.

The company’s latest Sustainability Report also provides stakeholders with economic, environmental and social performance data in accordance with the Global Reporting Initiative (GRI) standards “Core” option.

THE WORLD OF METAL POWDERS TO YOUR INBOX
Subscribe to our weekly newsletter
Register now

“During this past year, Air Products has strengthened our previously announced environmental goals and with this report, we are also launching new goals for renewable energy and water management. We have worked collaboratively with our customers across dozens of industries while advancing our world-scale, first-mover clean hydrogen projects to help decarbonise industry and heavy-duty transportation,” stated Seifi Ghasemi, Air Products’ Chairman, President and CEO. “The progress we have made in these efforts is due to tremendous efforts by our people, working with our customers and within our company to fulfil our higher purpose and generate a cleaner future for our world.”

Highlighting its new and updated sustainability goals, the company updated the baseline year for its “Third by ‘30” carbon intensity goals for Scope 1, Scope 2 and Scope 3 greenhouse gas (GHG) emissions from 2015 to 2023 while keeping the same target date of 2030, making the goals more ambitious.

Air Products has also committed to quadruple the amount of renewable energy used to make its products by 2030 compared to a 2023 baseline. This goal exceeds the pledge made by world leaders at the United Nations Climate Change Conference COP28 to “triple up” renewables by 2030.

The Sustainability Report also cites several important recognitions received by the company during the prior year, including Air Products being named as an Energy Transition Changemaker at COP28 for its net-zero hydrogen energy complex in Edmonton, Alberta, Canada and the NEOM green hydrogen project. Air Products was awarded an ‘A’ rating on MSCI’s environmental, social and governance ratings. The ‘A’ rating by MSCI was based on Air Products’ improvements in its carbon management strategy, including carbon capture efforts, its announced goal to reach net-zero carbon emissions from operations by 2050, and other sustainability initiatives. Air Products was also included on Barron’s 100 Most Sustainable Companies list again and rated as one of America’s Best Employers for Diversity for 2023 by Forbes magazine.

The full report is available here.

www.airproducts.com

Companies & MarketsNews
September 5, 2024

In our latest magazine…

Download PDF

Extensive metal powder and Powder Metallurgy news coverage, plus the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy targets sustainable and resilient regional NdFeB magnet production
  • The chemistry of LiFe: The rise of LFP batteries and what it means for the iron powder industry
  • Driving sustainable innovation: HIP 2025 explores the strategic potential of Hot Isostatic Pressing
  • High-precision press solutions for permanent magnets in EVs and green energy generation
  • Powder2Powder: A closed-loop solution for high-value metal powder recycling
  • Reducing defects and energy use in Hot Isostatic Pressing: A data-driven approach to degassing

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of Metal Powder Technology, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join 5,000+ other industry professionals – follow us online

Discover our magazine archive…

The free-to-access Metal Powder Technology magazine archive offers unparalleled insight into the world of metal powder from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of Metal Powder Technology magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • HIP Services
  • AM Machines
  • Consulting & toll sintering
View online
Share via
Copy link