Always known for its innovative sustainability practices, Ingersoll Rand was once again selected by the Dow Jones Sustainability World and North America Index.
Ingersoll Rand, a world leader in creating and sustaining safe, comfortable and efficient environments, was selected for the 2013 Dow Jones Sustainability World and North America Indices in recognition of the company’s economic, environmental and social performance. This is the third consecutive year that Ingersoll Rand has been listed on both indices.
“Our placement on the Dow Jones Sustainability World and North America Indices is a testament to our efforts to embed sustainability into the fabric of our company, reduce our operational footprint, and deliver on our mission to help customers achieve greater energy efficiency through innovative solutions,” said Michael W. Lamach, chairman and chief executive officer of Ingersoll Rand. “Our communities and customers are facing significant challenges brought about by increased urbanization, resource scarcity and desire to be more competitive. Ingersoll Rand is well positioned to help meet these global challenges with creative solutions and services.”
Ingersoll Rand has set and publicly announced aggressive sustainability goals and is making significant progress against these goals. Details on this progress can be found in the company’s 2012 Sustainability Report. Further, the company continues to embed sustainability into the product development process, while engaging thousands of our employee volunteers who participate in global Green Team activities.
“Because the Dow Jones Sustainability Indices reflect the ongoing and increased efforts of our peer companies to achieve best in class performance, it challenges us to stay focused and ahead of the curve in order to continue to improve,” said W. Scott Tew, executive director, Center for Energy Efficiency and Sustainability (CEES) at Ingersoll Rand. “For us, it means we must engage all of our employees in our efforts from more than 130 volunteer global Green Teams actively working to optimize our facilities to thousands of engineers who are incorporating sustainable design principles across the life cycle of our products.”
Ingersoll Rand is proud of the progress it is making in the area of sustainability which helps support its customers in India with their undertaking to improve their sustainability score. It also continues to pursue perfection through its commitment to innovation, superior technology and dedication to corporate citizenship and sustainability.
Moreover the company leads several initiatives and partnerships that help drive improved performance for the greater community. It also continues to actively participate in industry forums on sustainability and contributes to public dialogue on climate change and energy efficiency.
Venkatesh Valluri, Chairman & President, Ingersoll Rand India said, “We strive to focus on innovations that advance sustainable business practices; help drive improved performance for us and the greater community. Our approach has been to build relevant innovations for emerging markets using global technology platforms to create markets In India, For India and By India”.
“We believe that there are great opportunities for growth through customer-focused innovations that improve the quality of life and our environment, including many that advance sustainable business practices”, Valluri added.
India houses two of Ingersoll Rand’s five Global Engineering Technology Centres. 50 per cent of engineering talent at these two centres is focused on developing Green Innovations for Emerging Economies. All the products and solutions that these Centres of Excellence in India develop are products that will have a positive social impact on the community and create a greener footprint for us and our customers businesses.
As part of the ‘Social Convergence’ initiative, the organization is working in the areas of Environmental Preservation (waste management, water & energy conservation and preservation of lakes) through a Public–Private Partnership (PPP) approach.
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.