Ingersoll Rand Celebrates Two-Year Anniversary of its Global Climate Commitment, Makes Sizeable Advances to Meet Targets
SWORDS, Ireland, November 28, 2016 /3BL Media/ – In the second year of its global Climate Commitment, Ingersoll Rand (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, continues to significantly reduce the greenhouse gas (GHG) emissions of its products and operations, while also convening industry leaders to develop long-term solutions aimed at solving global climate challenges.
Since announcing the commitment in 2014, it has led to the avoidance of approximately 2 million metric tons of CO2e globally, which is the equivalent of avoiding annual CO2 emissions from energy used in more than 270,000 homes or more than 2.1 billion pounds of coal burned.
“Announcing our commitment to increase energy efficiency and reduce the GHG emissions related to our operations and products was a major milestone for Ingersoll Rand,” said Paul Camuti, senior vice president of innovation and chief technology officer of Ingersoll Rand. “Our progress to date proves we have the expertise to meet our targets while simultaneously providing innovative and sustainable products to our customers and helping them achieve their own sustainability goals.”
As part of the Climate Commitment Ingersoll Rand launched EcoWise™, a portfolio of products designed to lower environmental impact with next generation, low-global warming potential refrigerants and high-efficiency operation. The company has introduced six products under the EcoWise label, including the Series R RTWD chiller in – launched in November – used for commercial buildings and industrial applications.
Other successful commitment-led initiatives include the design and implementation of a proprietary tool to measure emissions reductions against GHG-related targets across its product portfolio and employee-led programs to identify facility upgrades and integrate sustainability modules within the product design process.
“We play a critical role in solving some of the world’s most serious climate challenges, including the projected 37 percent growth in world energy demand and working to keep the global rise in temperature below 2 degrees Celsius,” said Gary Michel, senior vice president and president of Residential Heating, Ventilation and Air Conditioning and Supply. “Our employees and customers expect us to help meet these challenge and that is exactly what we are doing.”
This commitment is another way Ingersoll Rand is helping to solve some of the world’s most pressing challenges – including the unsustainable demand for energy resources and its impact on the environment. It benefits customers and the climate by creating more sustainable product choices for customers, improving our operating footprint globally, and continuing to develop lower GHG emissions options.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands — including Club Car®, Ingersoll Rand®, Thermo King® and Trane® — work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a $13 billion global business committed to a world of sustainable progress and enduring results. For more information, visit www.ingersollrand.com.