Pall Corporation Again Named to FTSE4Good Responsible Investment Index
PORT WASHINGTON, N.Y.--(BUSINESS WIRE)-- Pall Corporation (NYSE:PLL), a global leader in filtration, separation and purification, has been named a 2011 member company of the FTSE4Good Index, an investment index designed to objectively measure the management performance of companies that meet globally recognized corporate responsibility standards. Pall has been a member company of the index since its inception in 2001.
Pall is included in both the FTSE4Good U.S. Index of 144 companies and the FTSE4Good Global Index of 718 companies. Its year-to-year weighting in both indices increased in 2011.
Environmental responsibility is a cornerstone principle of Pall’s corporate mission. The company’s products and engineered process solutions enable customers around the world to improve their responsible utilization of natural resources and minimize their waste streams. Pall’s commitment to partnering with its customers in environmental sustainability has earned the company a place in the Cleantech Index since 2006. The Cleantech Index includes companies that are global leaders in clean technology products and services.
In 2010, Pall completed an initiative to reduce energy consumption, waste output and carbon emissions by 10 percent throughout the company’s global operating footprint. All Pall facilities worldwide are certified to the ISO 14001 international standard for environmental management systems. Pall is a member of the Carbon Disclosure Project (CPD), a global initiative to inventory greenhouse gas (GHG) emissions, and is also a member of the U.S. Environmental Protection Agency’s Climate Leaders program, an industry-government partnership to reduce GHG emissions that is currently concluding its work.
“Pall is gratified to be included once again in the FTSE4Good Index. We consider it an important recognition of our global commitment to environmental sustainability,” said Eric Krasnoff, Pall Chief Executive Officer & President.
“Ten years ago when the index was launched, it was still regarded as a niche concept. Today, institutional investors around the world are increasingly focused on considering the environmental, social and governance (ESG) practices of the companies they invest in,” said David Harris, Director of Responsible Investment Unit for FTSE Group.
“There is no greater calling for a fluid management company than helping customers protect people, the environment and our natural resources. Together we are implementing technologies that purify and conserve water, consume less energy, make alternative energy sources possible and practical, advance medicine and minimize emissions and waste. Our collective efforts are enabling a greener, more sustainable future,” Mr. Krasnoff said.
For more information about how Pall is working to advance environmental sustainability, visit www.pall.com/green.
About Pall Corporation
Pall Corporation (NSYE:PLL) is a filtration, separation and purification leader providing fluid management solutions to meet the critical needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The Company's engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.4 billion for fiscal 2010, is an S&P 500 company with more than 10,000 employees serving customers worldwide. To see how Pall is helping enable a greener, safer, more sustainable future, follow us on Twitter @PallCorporation or visit www.pall.com/green.