PR88614

MELBOURNE, Australia, March 22, 2021 /PRNewswire=KYODO JBN/ --

Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow

creation and industrial solutions, is proud to set its 2030 and 2050

environmental goals. With a focus on improving AIR, LAND, and WATER, the goals

are designed to reduce the impact of the company's operations and products on

the environment, and support customers and partners in doing the same. Focusing

on energy (air), water and waste (land), these goals cover specific elements

such as renewable energy utilization, reduction of air emission, recycling of

water resources, reduction of waste generation and landfill volume. These goals

demonstrate the importance of Ingersoll Rand's "Operate Sustainably" strategic

imperative, and the commitment to achieve them are part of Ingersoll Rand's

overall Environmental, Social and Governance (ESG) efforts to Make Life Better

for the good of our employees, customers, communities and planet.

The environmental goals, being aggressive and inspiring, yet achievable,

reflect Ingersoll Rand's corporate values of bias for action, and will be

accomplished using Ingersoll Rand Execution Excellence (IRX) along with

continued product enhancements and innovation. Ingersoll Rand's products and

services provide a unique opportunity to contribute to solving pressing climate

change issues facing our world in areas such as water and energy consumption.

Equally important, and a key advantage to Ingersoll Rand, is using the

discipline of Ingersoll Rand Execution Excellence (IRX) to provide the focused

accountability that will deliver the performance we want.

Ingersoll Rand commits to making a positive impact on our shared planet with

the following environmental goals:

- Realize net-zero greenhouse gas (GHG) emissions by 2050

- Invest in renewable energy to meet our 100% target by 2050

- Reduce GHG emissions by 60% in our operations (Scope 1 and Scope 2) and

reduce customer GHG impacts >15% from IR products (Scope 3) by 2030

- Reduce water use 17% in our operations by 2030

- By 2030, eliminate, reduce or recycle >1 billion gallons of water annually in

our customers' processes and applications through the use of our products

Achieve zero waste to landfill at >50% of current sites by 2030

Greenhouse Gas (GHG) Emissions Classifications

Scope 1 – GHG, direct emissions from sources owned or controlled by IR.

Includes fossil fuel combustion and fleet fuel consumption.

Scope 2 – GHG, indirect emissions from sources owned or controlled by IR.

Emissions result from the generation of electricity, heat or steam purchased by

IR.

Scope 3 – GHG, emissions from assets not owned or controlled by IR, but which

IR indirectly impacts (i.e., emissions from our products).

Emission impacts are measured in MT CO2e (metric tons of carbon dioxide

equivalent)

The above goals were chosen using a series of intentional activities, including

sustainability materiality assessments, focused on identifying the topics and

areas that had not just the most impact on the Ingersoll Rand's core business,

but also on the company's stakeholders. Employees participated in these

assessments, alongside customers, supply chain partners, and investors. The

results were then analyzed and shared in the company's first Sustainability

Report, which covered a range of topics related to sustainability, notably: Our

Employees, Energy Use and Product Stewardship/New Product Development and

Innovation.

Driven by an entrepreneurial spirit and ownership mindset, Ingersoll Rand

encourages all employees to actively participate and engage in lowering

environmental impacts, conservation education, projects and community outreach

is what helps us make life better at work, in our communities and in the lives

and work of our customers as they use our products. We are establishing green

teams at each major site to develop site specific projects to help us achieve

our goals.

Ingersoll Rand will drive accountability and progress through Ingersoll Rand

Execution Excellence (IRX), and provide transparency on progress through its

annual Sustainability Report. Ingersoll Rand's 2020 Sustainability Report is

scheduled to be released in May 2021.

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and

ownership mindset, is dedicated to helping make life better for our employees,

customers and communities. Customers lean on us for our technology-driven

excellence in mission-critical flow creation and industrial solutions across

40+ respected brands where our products and services excel in the most complex

and harsh conditions. Our portfolio of products consists of air compressors,

pumps, blowers, and systems for fluid management, loading and material

handling, power tools as well as the well-known Club Car brand of specialty

vehicles. With over 16,000 employees globally, our team develops customers for

life through their daily commitment to expertise, productivity and efficiency.  

For more information, visit www.IRCO.com.

SOURCE:  Ingersoll Rand

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