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September 14, 2012 - Ingersoll Rand, a world leader in creating and sustaining safe, comfortable and efficient environments, was selected for the 2012 Dow Jones Sustainability World Index and North America Index in recognition of the company's economic, environmental and social performance. This is the second consecutive year that Ingersoll Rand has been included on the Dow Jones Sustainability World Index.
"Placement on the Dow Jones Sustainability World and North America Indexes validates our commitment to improving our operational efficiency and delivering innovative solutions that help our customers reduce their environmental impact," said Michael W Lamach, chairman and chief executive officer of Ingersoll Rand. "We are successfully fostering a culture of new thinking that builds on our legacy of meeting big challenges and our vision of 'sustainable progress and enduring results'. Today, we are focused on solutions and services that meet customer needs in a world of growing resource scarcity and increasing populations."
Ingersoll Rand has set and publicly announced aggressive sustainability goals. In 2011, the company successfully reduced absolute energy consumption by 14 per cent from the previous year - the equivalent of 6.1 million gallons of gasoline. Last year, the company also realised a 36 per cent reduction in hazardous waste and a 27 per cent reduction in non-hazardous waste-to-landfill compared with 2010 - both metrics are normalized by net revenue. In 2011, the company reduced normalized GHG emissions by 18 per cent compared with the previous year.
"Although we are proud of our efforts to achieve placement on the DJSI, we are determined to continue to improve our scores in all areas," said John Conover, president of Ingersoll Rand's Security Technologies business and chairman of the company's sustainability strategy council. "For instance, through our ongoing and proactive assessment of our customers' challenges and sustainability needs, we are incorporating sustainable thinking in our product development process to create solutions that reduce environmental impact and deliver more efficiency throughout the full life of the product."
Ingersoll Rand produces a combined Annual and Sustainability Report on economic, social and environmental performance, including how the company is addressing urgent global social and environmental challenges in a way that is valuable to customers. To view the company's most recent Annual and Sustainability Report, visit www.ingersollrand.com/sustainability.
In India, Ingersoll Rand partners with the government, industry and communities to improve the quality of life and our environment. The company focuses on innovations that advance sustainable business practices, help drive improved performance for the company and the greater community.
The company has launched an innovative food transportation product specifically designed for the Indian market, to help avoid food wastage during the "first" and "last" mile delivery. Re-engineered and localized specifically for a hot country like India, the Thermo King (an Ingersoll Rand brand) B-100 unit installed in a smaller truck, which runs on battery power and can negotiate the narrow lanes of Indian villages for "first and last mile" delivery (of temperature controlled and refrigerated products like fruits and vegetables). Ingersoll Rand is also piloting a solar cold room project in partnership with the government that will help reduce the dependency of cold storages on grid power and avoid loss of perishables.
The company's strategic brand 'Trane' helps real estate developers earn valuable LEED (Leadership in Energy and Environmental Design) points for Green Building ratings. Some of the Green Building projects that Ingersoll Rand has been associated with include USGBC Gold rated Olympia Technology Park (Chennai), Mumbai's first green building in the EB (Existing Buildings) Category Godrej Bhavan, among others. In India, Ingersoll Rand is also partnering with IBM for Remote Energy and Asset Management solutions to drive greater energy efficiencies for organizations who are engaged in infrastructure creation or maintenance of such buildings.
Additionally, in India, Ingersoll Rand actively partners with the communities where it operates to develop solutions for challenges facing the society. This year, Ingersoll Rand introduced the concept of 'Social Convergence' in India and is now instrumental in bringing together corporate organizations, government bodies and the larger public to take collaborative action towards environmental sustainability.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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