Linde
| Industry:Chemicals | ISIN:DE0006483001 | Country:DE | CRR:B- |
Company Profile:
Linde is a German company engaged in the gases and engineering sector. It operates two divisions: Gases and Engineering, as core divisions, as well as Gist. The Gases Division includes Healthcare, Tonnage, Packaged Gases and Electronics. The company's products are used in the energy sector, for steel production, chemical processing, environmental protection and welding, as well as in food processing, glass production and electronics. The Engineering division offers planning, project development and construction of turnkey industrial plants used in fields, such as petrochemical and chemical industries, to produce hydrogen and synthesis gases, to treat natural gas, and in the pharmaceutical industry.
Strengths/weaknesses profile:
Strengths:
- group-wide implementation of an integrated health, safety and environmental management system
- adequate measures to ensure transport and facility safety
- good measures implemented to ensure adequate safety information and training for customers
- group-wide implementation of a strategy for addressing climate change and related sector-specific risks
Weaknesses:
- lack of transparency regarding lobbying activities
- only general information at Linde Engineering on guidelines for the integration of safety and environmental aspects in plant design
Reasons for inclusion in the Index:
Besides its responsible management of chemicals, the company stands out for its high degree of commitment to taking action on climate protection and water. As well as having an appropriate climate strategy in place and providing advice on energy efficiency in plant construction, the company has for many years been actively involved in the expansion of the hydrogen infrastructure. Linde is also active in the water treatment field.
Company website:www.linde.com