In addition to exploring the company’s commitment to sustainability throughout the year, the report examines its core values of safety, inclusivity, diversity, and community.
Having last year announced its ‘35 by 35’ target to reduce its absolute greenhouse gas (GHG) emissions 35% by 2035, compared to the 2021 emissions base, Linde also revealed its ‘30 by 30’ goal, which looks towards achieving 30% female representation globally by 2030.
In the report, Steve Angel, CEO, Linde, underlined the importance of sustainability.
“It is central to our mission of making our world more productive and key to how we create vlue for our customers and our global communities.”
“In this report, we share how our people at Linde are making a difference and how we cojntinue to deliver our environmental, economic, and social commitments to you,” he added.
Key highlights from the report includes the company’s strategy for decarbonisation to meet its Sutainable Development Targets 2018-2028.
To accelerate decarbonisation of its processes, Linde plans to invest more than US$1bn in decarbonisation initiatives and 1/3rd of its annual R&D budget into decarbonisation.
The company has stated that it will contribute more than 50% of its annual sales from its Sustainability Portfolio into developing innovative and sustainable solutions to aid in the fight against climate change.
As part of its drive to promote environmental health, Linde has also committed to achieving US$1.3bn in Sustainable Productivity and implementing water management plans at all of its relevant sites.
In addition to levelling up diversity and inclusion, the company also plans to increase its environmental/climate-related philanthropic spending by 50% by 2028.
Earlier this year, Linde was recognised for its sustainability efforts after being listed in the S&P Global’s Sustainability Yearbook 2022.
Read more: Linde recognised for sustainability efforts
With inclusion based upon S&P Global’s Corporate Sustainability Assessment (CSA), Linde scored in the 99th percentile for the chemical sector.
The full report is available to download here.