The company has avoided approximately 6.7 million metric tons of CO2e,
equivalent to the emissions from nearly 700,000 homes’ electricity use
for one year
DAVIDSON, N.C.--(BUSINESS WIRE)--
Ingersoll Rand (NYSE:IR), a world leader in creating comfortable,
sustainable and efficient environments, today shared progress toward its
global Climate Commitment, a pledge to reduce environmental impacts from
its operations and product portfolio, at the tenth annual Energy
Efficiency Global Forum in Washington.
Ingersoll Rand’s Climate Commitment has enabled the avoidance of 6.7
million metric tons of CO2e globally from its products
compared to a 2013 baseline, equal to the emissions from the energy used
in 700,000 homes for one year. The company has also reduced the
greenhouse gas (GHG) intensity of its operations by 23 percent when
compared to a 2013 baseline. With this milestone, the company is on
track to achieve its goals to reduce its carbon footprint by 50 million
metric tons by 2030 and to incorporate refrigerant alternatives with
lower-global warming potential (GWP) across the company’s product
portfolio by 2030.
“Linking our strategy and business opportunities to important global
trends like climate change creates long-term value for our people,
customers and the world,” said Michael W. Lamach, chairman and CEO of
Ingersoll Rand. “Sustainability in all its forms - business, social and
environmental - is what we do. Strong progress on our Climate Commitment
signals to employees, customers and shareholders we are prepared to meet
today’s demand for responsible business practices and products.
Transparency around our goal demonstrates we are succeeding and further
differentiates our industry leadership.”
In 2016, the company added four new products to the EcoWise™ portfolio
of products, including Thermo King truck and trailer refrigerant units;
Trane Sintesis™ air-cooled chillers; Trane CenTraVac™ centrifugal
chillers; and the Trane Series R™ RTWD water-cooled chiller. With the
addition of the Trane products to the EcoWise portfolio, the company is
close to having its entire commercial heating, ventilation and air
conditioning (HVAC) chiller portfolio available with next-generation
refrigerants. Launched in 2015, EcoWise is a portfolio of products
designed to lower environmental impact with next-generation, low-global
warming potential refrigerants and high-efficiency operation.
“All of these efforts further advance Ingersoll Rand’s progress towards
creating more sustainable product choices for customers, improving the
company’s operating footprint globally and contributing to the
development of lower GHG technologies,” said W. Scott Tew, executive
director of the Center for Energy Efficiency and Sustainability,
Ingersoll Rand.
Ingersoll Rand Climate Commitment
Ingersoll Rand made a Climate Commitment to reduce GHG emissions from
its products and operations by 2030. The Ingersoll Rand Climate
Commitment pledges to:
-
Cut the GHG refrigerant footprint of its products by 50 percent by
2020 and incorporate lower-GWP alternatives across its portfolio by
2030;
-
Invest $500 million in product-related research and development by
2020 to fund the long-term reduction of GHG emissions; and
-
Reduce company operations-related GHG emissions by 35 percent by 2020.
Further details of Ingersoll Rand’s Climate Commitment are publicly
available on the
company’s website.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating
comfortable, sustainable and efficient environments. Our people and our
family of brands - including Club
Car®, Ingersoll
Rand®, Thermo
King® and Trane®
- work together to enhance the quality and comfort of air in homes and
buildings; transport and protect food and perishables; and increase
industrial productivity and efficiency. We are a $13 billion global
business committed to a world of sustainable progress and enduring
results. For more information, visit www.ingersollrand.com.
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Source: Ingersoll Rand