ATLANTA, April 7, 2021 (GLOBE NEWSWIRE) – Publication of Chart Industries Inc. (“Chart”) (NSYE: GTLS), one of the world’s leading manufacturers of liquefaction and cryonics equipment serving multiple end-market applications clean energy and industrial gases its ESG 2020 performance report, which is included in addition to this version. As part of this report, we highlight our carbon reduction efforts, diversity and inclusion initiatives, and safety results, as well as examples of how we are helping our customers achieve their own sustainable development goals.
Chart is proud to be at the forefront of the clean energy transition as a leading supplier of technologies, equipment and services related to liquefied natural gas, hydrogen, biogas, gas capture. carbon and water treatment, among other applications. This leadership position is possible not only because we have the widest range of innovative solutions for the different end markets we serve, but also because we are committed to global responsibility. Reporting on our ESG performance is one of the ways we demonstrate accountability and transparency to our team members, suppliers, customers, shareholders and communities. Here are some highlights of our ESG efforts:
With safety our top priority, Chart team members achieved the lowest Total Recordable Incident Rate (TRIR) in our history last year.
As our team members are our most valuable resource, our culture of diversity and inclusion is supported by a global D&I committee made up of over 50 team members from around the world, advancing community participation. , education and training, talent development and all employees. commitment. Today we begin our first week of understanding D&I.
We have set ourselves a goal of reducing our carbon intensity by 30% by 2030 and have put in place specific initiatives to help us achieve this goal. Last year, we made progress toward our goal of reducing GHG intensity by almost 6.0% year over year.
In 2020, Chart reduced Scope 1 and Scope 2 emissions by 8.5% and 8.9%, respectively, while reducing total energy use by almost 16.0%.
We have introduced an ESG component in our short-term incentive awards for 2021, directly linking executive compensation to ESG objectives.
We help our customers meet their own sustainability goals in a number of ways, from reducing the amount of plastic used in packaging to reducing greenhouse gas emissions by enabling the transition to cleaner fuels.
The graphic contributes to several of the United Nations Sustainable Development Goals, including clean water and sanitation (SDG 6), affordable and clean energy (SDG 7), decent work and economic growth (SDG 8) , responsible consumption and production (SDG 12) and the climate. Action (SDG 13).
We have an independent board of directors made up of six directors (33% women, 33% diversity) and governed by a separate CEO.
Our team volunteer in their communities with a focus on supporting children and families, ending hunger and improving health. In 2020, we donated more than 4,000 masks in addition to medical oxygen equipment to respond to the COVID-19 pandemic. We give every team member around the world one paid day off each year to volunteer in our communities.
Through the use of Riskmethods analyzes, we proactively monitor our supply chain to identify risks at an early stage and ensure good governance in our network of customers and suppliers.
“Our team strives to minimize our carbon intensity and footprint globally and has made significant progress towards our 30% carbon reduction by 2030,” said Jill Evanko, President and CEO by Chart Industries. “By using metrics from the SASB and TCFD indices, we are on the right track towards carbon neutrality by 2050, working hand in hand with our stakeholders.”
About Chart Industries Inc.
Chart Industries Inc. is a leading independent global manufacturer of high-tech equipment serving multiple applications in the energy and industrial gas markets. Our unique product portfolio is used at every step of the liquefied gas supply chain, including initial engineering, service and repair. Being at the forefront of the clean energy transition, Chart is a leading provider of technologies, equipment and services related to liquefied natural gas, hydrogen, biogas and CO2 capture, among other applications. . We are committed to excellence in environmental, social and corporate governance (ESG) issues for both our business and our clients. With more than 25 locations around the world, from the United States to Asia, Australia, India, Europe and South America, we maintain accountability and transparency to our team members, our suppliers, our customers and our communities. To learn more, visit www.Chartindustries.com.
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An additional report accompanying this announcement is available at:
Investor Relations Contact:
Wade Suki, CFA
Director of Investor Relations