Ingersoll Rand will stand on the global stage this week as part of the Clinton Global Initiative and United Nations Climate Summit to declare the importance of, and its commitment to, reducing greenhouse gas emissions.

The commitment increases energy efficiency and reduces the company’s climate impact with operational and product-related climate targets. It has pledged to, firstly, reduce by 50 per cent the greenhouse gas refrigerant footprint of its products for customers by 2020 and lower global warming potential alternatives across its portfolio by 2030; secondly, invest $500m in product-related research and development over the next five years to fund the long-term reduction of greenhouse gas emissions; and, finally, reduce the greenhouse gas footprint of the company’s office buildings, manufacturing facilities and fleet by 35% by 2020.

Michael W Lamach, chairman and chief executive officer of Ingersoll Rand, said: “Energy efficiency requires action now and can be the most effective way of reducing greenhouse gas emission. We are leading our industry toward a more sustainable world and are signaling to our customers, employees and shareholders that our future products will match our legacy of efficient, reliable and sustainable solutions. When we create more sustainable choices, improve our operating footprint globally and continue to develop lower greenhouse gas emission options, our customers – and the climate – benefit.”

In addition, the company will introduce products across its industrial and climate portfolio that are significantly more energy and operationally efficient. It will also standardise its approach to minimising refrigerant leakage in product design and reliability, manufacturing and servicing practices.

Further details of Ingersoll Rand’s commitment are now available on the website