• S-Network Global Indexes
  • Posted July 18, 2016

Praxair to receive 2016 Thomson Reuters Corporate Responsibility Ratings Global Leadership Award

NEW YORK, July 18th, 2016—S-Network Global Indexes today announced that the 2016 Thomson Reuters Corporate Responsibility Ratings Global Leadership Award will be given to Praxair, Inc., a leading global industrial gas company. The award is based on high ranking and company best practices as measured by the Thomson Reuters Corporate Responsibility Ratings. It will be presented to Praxair on July 20th at Thomson Reuters, at “Summer in the City,” the 4th Annual CSR Investing Summit. Dr. Anne Roby, Senior Vice President at Praxair, will accept the award.

Praxair was selected as the 2016 Global Leadership Award recipient from a ranking of approximately 5,000 companies. Praxair has set a high bar for best Environmental, Social and Governance (ESG) practices by mapping its long-term business strategy against the UN’s Sustainable Development Goals (SDGs). The company had excellent scores for over one hundred policy and implementation factors related to key performance indicators used to calculate its index ratings. The ratings were developed jointly by Thomson Reuters and S-Network Global Indexes.

“Praxair stood out as a company that ‘gets it’ in terms of having a well-structured CSR strategy and addressing the business challenge of aligning those long-term strategies with the SDGs,” said Gregg Sgambati, Managing Director, S-Network ESG Solutions, and the conference host. “We’re extremely pleased to present them with this award in recognition of their accomplishment.”

The CSR Investing Summit will be held at Thomson Reuters in Times Square, New York, NY, and will feature a number of panels addressing a diverse range of topics related to CSR investing, including the value benefits of ESG, ESG ratings integration, the implementation of ESG in endowments and pensions, valuing risk in stocks and bonds using ESG ratings, and much more. Thomas Croft, co-author of The Responsible Investor Handbook, will be a  featured speaker.

Previous recipients of the award include Johnson & Johnson in 2015, Intel in 2014, and Unilever in 2013.

About S-Network Global Indexes, Inc.

S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with over USD 5 billion in assets under management.  S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency.

S-Network is a leader in socially responsible investment, publishing best-practice benchmark indexes in collaboration with Thomson Reuters.  S-Network published the first global alternative energy and water indexes, which today serve as the recognized benchmarks for those sectors worldwide.  In addition to publishing socially responsible indexes, S-Network produces proprietary environmental, social and governance ratings on nearly 5,000 public companies worldwide.

About Thomson Reuters

Thomson Reuters is the world’s leading source of news and information for professional markets.  Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, visit www.thomsonreuters.com.