Company Aims to Reduce GHG Footprint 50 Percent by 2020
NEW YORK — Ingersoll Rand stood on the global stage as part of the 2014 Clinton Global Initiative (CGI) Annual Meeting and United Nations Climate Summit to declare the importance of, and the company’s commitment to, reducing greenhouse gas emissions. Ingersoll Rand’s Commitment to Action will avoid the same amount of CO2 emissions that can result from powering nearly 2 million homes for one year.
The commitment increases energy efficiency and reduces the company’s climate impact with operational and product-related climate targets, including a 50 percent reduction in the greenhouse gas refrigerant footprint of products by 2020 and an increase in the number of lower-GWP (global warming potential) alternatives across its portfolio by 2030; a $500 million investment in product-related research and development over the next five years to fund the long-term reduction of greenhouse gas emissions; and a 35 percent reduction in the greenhouse gas footprint of the company’s office buildings, manufacturing facilities, and fleet by 2020.