Chart Industries, Inc. (NYSE: GTLS) has recently announced its participation in the United Nations (UN) Global Compact, a voluntary platform dedicated to promoting sustainable and socially responsible business practices. As part of the initiative, Chart Industries will align its operations and strategies with ten universally accepted principles in areas such as human rights, labor, environment, and anti-corruption. Additionally, the company will actively support the UN Sustainable Development Goals.
In the first quarter of 2024, Chart Industries achieved a return on average invested assets (ROI) of 1.25%. This figure surpasses the company’s average return on investment of 1.07%. Although the net income has experienced a decline, the company has managed to improve its ROI compared to the fourth quarter of 2023.
Among the Services sector, Chart Industries ranks 1112th in terms of ROI, surpassing 151 other companies. This is a significant improvement from its previous ranking of 1648th in the fourth quarter of 2023.
By joining the UN Global Compact and demonstrating an increased ROI, Chart Industries affirms its commitment to sustainable and responsible business practices.
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