Sustainability Report 2024

For over 30 years Air Products has reported on sustainability-related topics. During the past year we have strengthened our previously announced environmental goals and launched 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 decarbonize industry and heavy-duty transportation.

Working Together to Generate a Cleaner Future

To reach true net zero, the world needs solutions for deep decarbonisation of the hardest-to-abate sectors such as steelmaking, chemical production and heavy-duty transportation. Renewable and low carbon hydrogen is the solution. As the leading global hydrogen supplier today, Air Products is applying our expertise and investments in renewable and low carbon hydrogen production and fueling projects ($15B) to help accelerate the energy transition and generate a cleaner future for our world.

Explore our interactive graphic for some examples of how Air Products can help customers decarbonise and operate more sustainably.

Our Sustainability Commitments

Our sustainability goals reflect our aspirations to enable and accelerate the global energy transition and achieve our overarching Company goal to be the safest, most diverse and most profitable industrial gas company in the world, providing excellent service to our customers. Fundamentally, it is our people who are the real enablers of a cleaner future, working alongside our customers to help solve pressing energy and environmental challenges.

Sustainability Commitments

Sustainability in Action

Air Products Membrane Solutions Receives Green Innovation Award

Air Products Membrane Solutions was recently awarded the Lorenzo Cagnoni Award for Green Innovation for its PRISM® GreenSep LNG Membrane Separator at Ecomondo, a green technology expo, in Rimini, Italy.

The PRISM® GreenSep LNG Membrane Separator, launched earlier this year, received the award in the bioenergy and agriculture sector. The Lorenzo Cagnoni Award for Green Innovation is awarded to the most cutting-edge technology in the various exhibition sectors and the three most innovative start-ups. The recognition is awarded in the following categories: waste as a resource, water cycle and blue economy, bioenergy and agriculture, circular and regenerative bio-economy, site and soil restoration, and environmental monitoring and earth observation.

“Our PRISM® GreenSep LNG membrane solution for bio-LNG producers delivers both financial and environmental sustainability benefits for our customers, by enabling a smooth, direct feed of biomethane into the liquefaction process,” said Dr. Erin Sorensen, Air Products’ General Manager, Membrane Solutions. ”I am honored to see our innovative technology be recognized by the Italian Exhibition Group with the Lorenzo Cagnoni Award for Green Innovation as evidence of the work that our team does every day to generate a cleaner future.”

PRISM® GreenSep LNG membrane separators eliminate the need for intermediate purification technologies such as amine scrubbing or thermal swing adsorption during bio-LNG production, allowing for a higher yield of bio-LNG while also reducing operational expenses and energy consumption. Bio-LNG is liquefied biomethane created from an organic source such as food, animal, or municipal waste.

Ecomondo is a key event for the green and circular economy where industrial groups, stakeholders, policy makers, opinion leaders, local authorities, research bodies and institutions come together and put in place key elements that define the strategies for the development of European Union environmental policy.

For more information on Air Products Membrane Solutions visit https://membranesolutions.com.

We're doing more

MSCI Awards Air Products an 'A' Rating

MSCI's environmental, social and governance (ESG) Ratings awarded Air Products an ‘A’ rating based on the company's 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. In its review, MSCI rated Air Products an ESG leader in its industry in two categories: clean tech, and safety and health.

More Recognitions

Green Finance Framework

We have established our Green Finance Framework to further align our financing activities with our sustainability strategy and commitments. The Framework outlines the methodology and principles for green finance instruments that may be issued by Air Products to finance and/or refinance eligible projects contributing to our sustainability strategy.