Ingersoll Rand PLC is a leading global provider of flow control equipment, including compressors, pumps, and fluid handling systems. Founded in 1871, the company has a long history of innovation and has been at the forefront of the industry for over a century. Headquartered in Davidson, North Carolina, Ingersoll Rand operates in over 100 countries and has a workforce of approximately 16,000 employees.
The company is committed to sustainability and has set ambitious goals to reduce its environmental impact. In 2014, Ingersoll Rand launched its Climate Commitment, which aims to reduce its greenhouse gas emissions by 50% by 2020 and achieve carbon neutrality by 2030. The company has made significant progress towards these goals, and in 2019, it was recognized by the CDP as a leader in climate change management.
Decarbonisation is a key focus for Ingersoll Rand, and the company is actively working to reduce its carbon footprint. One of the ways it is doing this is by investing in renewable energy. In 2019, Ingersoll Rand signed a corporate power purchase agreement (PPA) with a wind farm in Texas, which will provide the company with 100% renewable energy for its operations in the United States. This PPA is expected to reduce the company's greenhouse gas emissions by over 25,000 metric tons per year.
In addition to renewable energy, Ingersoll Rand is also focused on improving the energy efficiency of its operations. The company has implemented a number of energy-saving initiatives, such as upgrading lighting systems and HVAC equipment, and has achieved significant reductions in energy use as a result. In 2019, Ingersoll Rand was recognized by the U.S. Department of Energy for its energy management practices.
Corporate energy management is a priority for Ingersoll Rand, and the company has established a comprehensive program to manage its energy use. This program includes setting energy reduction targets, conducting energy audits, and implementing energy-saving projects. Ingersoll Rand also engages its employees in energy conservation efforts, providing training and education on energy efficiency and encouraging them to take an active role in reducing the company's energy use.
In addition to its focus on sustainability, Ingersoll Rand is also committed to social responsibility. The company has a strong culture of giving back, and its employees are actively involved in community service projects. In 2019, Ingersoll Rand was recognized by the United Way for its outstanding support of the organization's fundraising campaign.
In summary, Ingersoll Rand PLC is a leading provider of flow control equipment, with a strong commitment to sustainability and social responsibility. The company is actively working to reduce its carbon footprint through investments in renewable energy and energy efficiency initiatives, and has set ambitious goals to achieve carbon neutrality by 2030. Ingersoll Rand's corporate energy management program is comprehensive and includes employee engagement and community service initiatives. The company's dedication to sustainability and social responsibility has earned it recognition as a leader in its industry and a valued member of the global business community.