DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE:PX) has again been recognized for its environmental, social and governance (ESG) leadership as it was named in the FTSE4Good Index Series by FTSE Russell for the second consecutive year. The series includes the FTSE4Good Global Benchmark Index, FTSE4Good Global Minimum Variance Index, FTSE4Good US 100 Index and FTSE4Good US Benchmark Index.
The FTSE4Good Series of Indexes is designed to help investors integrate ESG factors into their investment decisions. The indexes identify companies that better manage ESG risks and are used as a basis for tracker funds, structured products and as a performance benchmark.
"We are proud of our continued success in the area of sustainable development and honored to be recognized for our leadership globally,” said Praxair Chief Sustainability Officer, Dr. Riva Krut. “We firmly believe that maximizing our social and environmental contributions is synonymous with good business and we are proud of the work we have done as we continue to drive sustainable development performance and business growth.”
Praxair has been widely recognized for its efforts to support global sustainable development, including being named to the STOXX Global ESG Leaders Indices for the seventh consecutive year, the 2016 World Dow Jones Sustainability Indices for the 14th consecutive year and also being named a 2017 World’s Most Ethical Company® by the Ethisphere Institute.
Praxair, Inc., a Fortune 300 company with 2016 sales of $11 billion, is a leading industrial gas company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. More information about Praxair, Inc. is available at www.praxair.com.