Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, March 22 2021 - 15:54
AsiaNet
The Planet is Calling, Ingersoll Rand is Answering - Ingersoll Rand Set 2030 and 2050 Environmental Goals
MELBOURNE, Australia, March 22, 2021 /PRNewswire-AsiaNet/ --

Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow 
creation and industrial solutions, is proud to set its 2030 and 2050 
environmental goals. With a focus on improving AIR, LAND, and WATER, the goals 
are designed to reduce the impact of the company's operations and products on 
the environment, and support customers and partners in doing the same. Focusing 
on energy (air), water and waste (land), these goals cover specific elements 
such as renewable energy utilization, reduction of air emission, recycling of 
water resources, reduction of waste generation and landfill volume. These goals 
demonstrate the importance of Ingersoll Rand's "Operate Sustainably" strategic 
imperative, and the commitment to achieve them are part of Ingersoll Rand's 
overall Environmental, Social and Governance (ESG) efforts to Make Life Better 
for the good of our employees, customers, communities and planet.

The environmental goals, being aggressive and inspiring, yet achievable, 
reflect Ingersoll Rand's corporate values of bias for action, and will be 
accomplished using Ingersoll Rand Execution Excellence (IRX) along with 
continued product enhancements and innovation. Ingersoll Rand's products and 
services provide a unique opportunity to contribute to solving pressing climate 
change issues facing our world in areas such as water and energy consumption. 
Equally important, and a key advantage to Ingersoll Rand, is using the 
discipline of Ingersoll Rand Execution Excellence (IRX) to provide the focused 
accountability that will deliver the performance we want.

Ingersoll Rand commits to making a positive impact on our shared planet with 
the following environmental goals:

- Realize net-zero greenhouse gas (GHG) emissions by 2050 
- Invest in renewable energy to meet our 100% target by 2050 
- Reduce GHG emissions by 60% in our operations (Scope 1 and Scope 2) and 
reduce customer GHG impacts >15% from IR products (Scope 3) by 2030 
- Reduce water use 17% in our operations by 2030 
- By 2030, eliminate, reduce or recycle >1 billion gallons of water annually in 
our customers' processes and applications through the use of our products 
Achieve zero waste to landfill at >50% of current sites by 2030

Greenhouse Gas (GHG) Emissions Classifications
Scope 1 – GHG, direct emissions from sources owned or controlled by IR. 
Includes fossil fuel combustion and fleet fuel consumption.
Scope 2 – GHG, indirect emissions from sources owned or controlled by IR. 
Emissions result from the generation of electricity, heat or steam purchased by 
IR.
Scope 3 – GHG, emissions from assets not owned or controlled by IR, but which 
IR indirectly impacts (i.e., emissions from our products).
Emission impacts are measured in MT CO2e (metric tons of carbon dioxide 
equivalent) 

The above goals were chosen using a series of intentional activities, including 
sustainability materiality assessments, focused on identifying the topics and 
areas that had not just the most impact on the Ingersoll Rand's core business, 
but also on the company's stakeholders. Employees participated in these 
assessments, alongside customers, supply chain partners, and investors. The 
results were then analyzed and shared in the company's first Sustainability 
Report, which covered a range of topics related to sustainability, notably: Our 
Employees, Energy Use and Product Stewardship/New Product Development and 
Innovation.

Driven by an entrepreneurial spirit and ownership mindset, Ingersoll Rand 
encourages all employees to actively participate and engage in lowering 
environmental impacts, conservation education, projects and community outreach 
is what helps us make life better at work, in our communities and in the lives 
and work of our customers as they use our products. We are establishing green 
teams at each major site to develop site specific projects to help us achieve 
our goals.

Ingersoll Rand will drive accountability and progress through Ingersoll Rand 
Execution Excellence (IRX), and provide transparency on progress through its 
annual Sustainability Report. Ingersoll Rand's 2020 Sustainability Report is 
scheduled to be released in May 2021.

About Ingersoll Rand Inc. 

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and 
ownership mindset, is dedicated to helping make life better for our employees, 
customers and communities. Customers lean on us for our technology-driven 
excellence in mission-critical flow creation and industrial solutions across 
40+ respected brands where our products and services excel in the most complex 
and harsh conditions. Our portfolio of products consists of air compressors, 
pumps, blowers, and systems for fluid management, loading and material 
handling, power tools as well as the well-known Club Car brand of specialty 
vehicles. With over 16,000 employees globally, our team develops customers for 
life through their daily commitment to expertise, productivity and efficiency.  
For more information, visit www.IRCO.com.

SOURCE:  Ingersoll Rand

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   Caption: Ingersoll Rand 2030 & 2050 Environmental Goals

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