Chairman and CEO announces bold next generation 2030 sustainability
targets for Ingersoll Rand and strategic brands Trane®
and Thermo King®
SWORDS, Ireland–(BUSINESS WIRE)–Ingersoll Rand (NYSE:IR), a world leader in creating comfortable,
sustainable and efficient environments, today was awarded the World
Environment Center’s 35th Annual Gold Medal for International
Corporate Achievement in Sustainable Development.
Former United States Secretary of Energy Ernest J. Moniz presented the
award to Michael W. Lamach, chairman and chief executive officer of
Ingersoll Rand, tonight during the Gold Medal Presentation Ceremony in
Washington, D.C.
In 2014, the company announced 2020 Environmental, Social and Governance
targets in the area of operations and supply chain; systems and
services; and people and citizenship [2018
ESG fact sheet]. The award recognizes the company’s significant
achievements over the past five years in global environmental excellence
and sustainable development.
“I am honored to accept the Gold Medal Award on behalf of our team
around the world, who has made sustainability central to our business
strategy and how we grow, operate and engage,” said Lamach. “As we look
to the future of our company, sustainability is fundamental to our
competitive advantage and our ability to create lasting value for our
people, our customers and our shareholders. We are excited to build on
our strong foundation with the launch of bold new targets to keep us on
the forefront of business, social and environmental sustainability.”
Ingersoll Rand, together with leading brands Trane® and
Thermo King® also today announced its 2030
sustainability aspirations aligned to the time horizon of the United
Nations Sustainable Development goals. These commitments are designed to
meet the challenge of climate change, provide world-class systems and
service performance for buildings, homes, transportation and industrial
customers, and improve the quality of life for the people and
communities where it operates and serves. The company will continue
momentum and create positive impact through three actions by 2030:
-
Scale technology, innovation and sustainability strategies to enable
more efficient customer solutions. This includes reducing the
customer carbon footprint by one gigaton1
CO2e – equivalent to
the annual emissions of Italy, France and the United Kingdom combined. -
Transform its supply chain and operations to have a restorative
impact on the environment including achieving carbon neutral
operations, zero waste to landfill and a 10% absolute
reduction in energy consumption, and giving back more water than
we use in water-stressed areas. -
Increase opportunity for all, strengthening economic mobility
and bolstering the quality of life of our people and those in
the communities where we operate and serve. This includes achieving
gender parity in leadership roles and a workforce reflective of
our community populations, maintaining livable market-competitive
wages and progressive benefits; and broadening community access
to well-being services including food/nutrition, housing and
shelter, transportation, education and climate comfort.
To learn more about Ingersoll Rand’s achievements against its 2020
commitments, please see its recently released 2018
ESG Report. For more information about its 2030 sustainability
aspirations, please go to ingersollrand.com/2030.
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 global business
committed to a world of sustainable progress and enduring results. For
more information, visit www.ingersollrand.com.
1One gigaton equals 1 billion metric tons
Contacts
Media:
Perri Richman
732-319-1024
[email protected]
Investors:
Zac
Nagle
704-990-3913
[email protected]
