Air Products

Reviewed by Ben Jedlovec

Terra.do Carbon Accounting Course

Founded: 1940

Industry: Industrial gases/equipment, Energy

LNG, hydrogen, syngas

Revenue: $12.7 billion (2022)

Headquarters:�Lehigh Valley, PA, USA

Climate Plan

“Third by ‘30”

• Reduce Scope 1 & 2 (CO₂e) emissions by 33% by 2030
• CO₂, N₂O, CH₄

New in 2022

• Scope 3 added to “Third by ‘30” goal
• “Net zero emissions from operations by 2050”

Engaging with SBTi on target setting for chemicals sector

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Climate Strategy

Higher Purpose:

1. Core industrial gases to lower emissions
2. Green & blue hydrogen investment
1. $15 billion in capital investments by 2027
2. Lobbying for strict definition of green hydrogen from US Dept of Treasury

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Committed Actions

$15 billion investment by 2027 in clean hydrogen

Alberta, Canada: net-zero carbon complex

Louisiana: blue hydrogen

NEOM, Saudi Arabia: green hydrogen

Other projects in Texas, New York, California (SAF)

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