Ingersoll Rand Climate Commitment
Ingersoll Rand CEO Mike Lamach introduced the company’s Climate Commitment to declare the importance of, and the company’s commitment to reducing greenhouse gas emissions. Ingersoll Rand’s actions will avoid the same amount of CO2 emissions that can result from powering nearly 2 million homes for one year. The commitment increases energy efficiency and reduces the company’s climate impact with operational and product-related climate targets, including:
- 50 percent reduction in the greenhouse gas refrigerant footprint of our products for our customers by 2020 and lower global warming potential alternatives across our portfolio by 2030;
- $500 million investment in product-related research and development over the next five years to fund the long-term reduction of greenhouse gas emissions; and
- 35 percent reduction in the greenhouse gas footprint of the company’s office buildings, manufacturing facilities and fleet by 2020.
Lamach unveiled the commitment on September 22, 2014, as part of the 2014 CGI Annual Meeting and United Nations Climate Summit. More details on Ingersoll Rand's Climate Commitment here.