OR WAIT null SECS
Ingersoll Rand's ESG Risk Rating improved from medium to low.
As of April 2023, Morningstar Sustainalytics assigned Ingersoll Rand an ESG Risk Rating of 12.8. This score ranks the company second in the Machinery industry group, putting it in the top first percentile within its industry. Furthermore, this rating places Ingersoll Rand in the sixth percentile of all corporations evaluated by Morningstar Sustainalytics.
Vicente Reynal, Ingersoll Rand's chairman and CEO, commented on the achievement, “'Lead Sustainably' is a strategic imperative within our organization, aimed at enhancing the lives of our employees, customers, shareholders, and the planet. By instilling an ownership mindset throughout our workforce, we are making substantial strides toward our aggressive operational sustainability objectives. Moreover, our commitment to producing sustainable products and services enables our customers to achieve their own sustainability goals. This acknowledgment from Morningstar Sustainalytics is a testament to our commitment to improve life for all stakeholders involved. We are grateful for this recognition and remain dedicated to our sustainability journey.”
Ingersoll Rand is recognized for its technology in critical flow creation and industrial solutions, with its products and services facing challenging and harsh conditions. The company's employees work towards delivering expertise, productivity, and efficiency, building lifelong customer relationships.