Delivering on Company’s Climate Commitment to Reduce Greenhouse Gas
Emissions
SWORDS, Ireland--(BUSINESS WIRE)--
Ingersoll Rand (NYSE:IR), a world leader in creating comfortable,
sustainable and efficient environments, announced its engagement with
the Earth Day Network’s Canopy Project to celebrate Earth Day 2018 and
demonstrate its ongoing commitment to environmental stewardship.
Thousands of Ingersoll Rand employees across the globe are planting
trees in their local communities. The Ingersoll Rand Foundation is also
making a financial donation to the Arbor
Day Foundation, a nonprofit conservation and education organization
dedicated to planting trees.
“Trees and plants are vital to reducing the damaging effects of climate
change and helping to absorb excess and harmful CO2 from the
atmosphere,” said W. Scott Tew, Executive Director at the Center for
Energy Efficiency and Sustainability at Ingersoll Rand. “Ingersoll
Rand’s climate commitment is centered on reducing the environmental
impact of our operations, products and services, and engaging our
people. We are proud that our employees worldwide are bringing this
commitment to life in our communities.”
With the Ingersoll Rand Foundation’s donation, the Arbor Day Foundation
will plant 15,000 trees in Florida to help restore the Econfina Creek
watershed, which catches rainwater and returns it to the sea. These
trees will absorb excess rainwater and promote healthy soil and water
quality. Econfina Creek is one of the most unique habitats in Florida
and is designated as a Class I Waterbody, which mandates the highest
level of surface water protection in Florida. These trees will sequester
approximately 360 tons of CO2 each year for the life of the tree.
“For Ingersoll Rand employees, every day is Earth Day,” said Tew. “Our
people lead and participate in a variety of activities to put
sustainability into action, including nature walks and education events,
recycling drives and beautifying and cleaning parks and roadways.”
Ingersoll Rand Climate Commitment
Ingersoll Rand made a Climate Commitment to reduce greenhouse gas
emissions from its products and operations by 2030. The Ingersoll
Rand Climate Commitment pledged to:
-
Cut the refrigerant GHG 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 over
the next five years to fund the long-term reduction of GHG emissions;
and
-
Reduce company operations-related GHG emissions by 35 percent by 2020,
a goal which the company has achieved two years ahead of schedule.
In addition to achieving its 2020 energy efficiency goal related to
company owned operations, the company also announced
this month that it has depended its commitment by investing in both
on-site and off-site renewable energy technologies to reduce its impact
on the environment. To date, the company’s Climate Commitment has
enabled the avoidance of 11 million metric tons of CO2e globally from
its products compared to a 2013 baseline, equal to the emissions from
the energy used in 1.6 million homes for one year. The company also has
reduced the GHG intensity of its operations by 23 percent when compared
to a 2013 baseline.
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 $14 billion global
business committed to a world of sustainable progress and enduring
results. For more information, visit www.ingersollrand.com.
About the Arbor Day Foundation:
Arbor Day Foundation is a million member nonprofit conservation and
education organization with the mission to inspire people to plant,
nurture and celebrate trees. More information is available at arborday.org.
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Source: Ingersoll Rand