Air Products and Chemicals Inc

Common Name
Air Products and Chemicals
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
21,850
Ticker
APD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Air Products and Chemicals Inc. is a prominent player in the industrial gases sector, providing essential products that serve a myriad of industries worldwide. This global entity specializes in offeri...

Air Products and Chemicals Energy Data Preview

In 2023, Air Products and Chemicals disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Air Products and Chemicals also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Air Products and Chemicals also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Air Products and Chemicals did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Air Products and Chemicals's Energy Renewability

In 2023, Air Products and Chemicals consumed a total of 257.04 million Gigajoules of energy across its operations. Of this total, 5.77% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 94.23% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Air Products and Chemicals's Energy Renewability Rate

6%

How much of Air Products and Chemicals's energy consumed is renewable?

In 2023, Air Products and Chemicals consumed a total of 257.04 million Gigajoules of energy, of which 5.77% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Air Products and Chemicals has considerable room to improve its energy sustainability strategy.

Are Air Products and Chemicals's energy practices becoming more sustainable?

Since 2021, Air Products and Chemicals's total energy consumption increased by 5%, including a 4.23% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy remained relatively flat in the long term, but dropped by 7.61% in 2023, suggesting emerging setbacks in renewable energy sourcing.

Overall, Air Products and Chemicals’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Air Products and Chemicals's Renewable vs Non-renewable Energy Over Time

266.44 M116.44 M33.56 M266.44 MGigajoules (GJ)20212022202394%94%94%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Air Products and Chemicals's Energy Inflows & Self-Sufficiency

In 2023, Air Products and Chemicals reported total energy inflows of 64.44 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 64.38 million Gigajoules purchased from external suppliers and 64,440 Gigajoules generated through internal production. This corresponds to a production share of 0.1%.

Air Products and Chemicals's Energy Purchased vs Produced Over Time

2023020 M40 M60 M80 MGigajoules (GJ)100%
  • Total Energy Produced
  • Total Energy Purchased
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