2024-10-21 06:25:35
Author: Johnson Controls / 2023-07-24 00:02 / Source: Johnson Controls

Johnson Controls Ranked Among World's Top 100 Most Sustainable Corporations

RankedfirstinCorporateKnightsgroupforHVACequipmentmanufacturing

Firstinitsgroupfor BuildingProducts

Movesupto12thin overallranking,from38thin2021

SINGAPORE,Jan. 19,2022 --Johnson Controls(NYSE: JCI),the global leader for smart and sustainable buildings,today announced it has been named among the world's 100 most sustainable corporations in the 2022 Global 100 ranking by Corporate Knights. It is the eighth time Johnson Controls has received this honor. The company ranked first out of 26 in its Corporate Knights peer group for HVAC equipment manufacturing and first out of 74 in its industry group for Building Products. Johnson Controls jumped to 12th in the overall ranking,up from 38th last year.

Johnson Controls Ranked Among World's Top 100 Most Sustainable Corporations

Johnson Controls scored strongly in several areas,supported by actions such as committing to invest75 percent of new product R&D in climate-related innovation and sustainable products and services,incorporating sustainability and diversity into executive compensation,and deriving a high percentage(nearlyhalf)ofitsrevenuefromgreenproducts andservices.

"Being named among the top 100 most sustainable companies is an honor,and evidence of ourongoing commitment to lead the way to a low-carbon economy," said George Oliver,chairman andCEO,JohnsonControls."Thenextdecade iscrucialin ourshiftto asustainableeconomy.

Sustainability is no longer an opt-in for the world's companies; it needs to be part of their DNA. Thebottom line is that it is urgent that we cut carbon. The good news is that cutting carbon is also good forthebottomline."

The ranking is based on a rigorous assessment of 6,914 companies with more than US$1 billion in revenues. Global 100 companies earn 47 percent of their revenues from products or services categorized as "clean" under the Corporate Knights Clean Taxonomy. Johnson Controls in fiscal 2020 earned 48 percent of its revenues from clean products and services.

Johnson Controls is committed to helping solve the climate crisis,supporting customers in cutting theircarbon footprint through offerings such as OpenBlue Net Zero Buildings as a Service. As a globalleader in smart,healthy,sustainable building technology solutions,sustainability has been a centralfocus of its own operations for decades. Among the earliest industrial companies to report emissionsand pledge emission reductions,the company has made tremendous progress – reducing carbonemissionsintensity bymorethan 70percentsince2002.

"At Johnson Controls we have created a business fully dedicated to sustainability – delivering technologies and creating partnerships for decarbonizing buildings. The building sector accounts for nearly 40 percent of global annual CO2 emissions,so there is no tackling climate change without substantial investment in buildings. We have the technologies to cut carbon emissions today with tools like our OpenBlue digital platform that optimizes building systems and cuts both emissions and costs," said Katie McGinty,vice president and chief sustainability and external relations officer at Johnson Controls.

Moving forward,Johnson Controls is continuing to take significant steps to further improve itsenvironmental impact and has committed to achieving net zero Scope 1 and 2 carbon emissions by2040 – ten years ahead of the Paris Climate Agreement goal. The company aims to cut its operationalemissions by 55 percent and reduce customers' emissions by 16 percent before 2030. Theseambitious 2030 emissions reduction targets have been approved by the Science Based Targetsinitiative. Johnson Controls also recently became the first industrial company to issue an IntegratedSustainable Finance Framework as well as a Sustainability-Linked Bond,building on its earlierleadership in green finance with its prior green bond issuance and the linking of its senior credit facilityto sustainability metrics. As part of its Integrated Sustainable Finance Framework,Johnson Controlsfurthercommittedtoachieving ambitiousabsolute emissionreductionsby2025.

Sustainalytics,a global leader in the fields of responsible investing and sustainable finance,recentlyrecognized Johnson Controls as an industry leader in the management of the Environmental,Socialand Governance (ESG) material risks. In January 2022,it was ranked third out of 132 companies inthe Building Products industry for its strong management of material environmental,social andgovernance(ESG) issues.

In the 2021 Drucker Institute's Management Top 250,which is a list of the best managed companies in America,Johnson Controls placed at number 67 (up from 88 in 2020). The company received its highest marks in social responsibility,receiving 5 stars for its performance in this area as well as 5 stars in customer satisfaction.

Today,Johnson Controls will share insights on its sustainability journey and its role in tackling urgent climate change when Oliver joins several leading executives at the 18th Global 100 Executive Roundtable: 'Driving Global Decarbonization'.


To read more about Johnson Controls commitment to sustainability,please visit:https://www.johnsoncontrols.com/corporate-sustainability/environment

AboutJohnsonControls:

At Johnson Controls (NYSE:JCI) we transform the environments where people live,work,learn and play. As the global leader in smart,healthy and sustainable buildings,our mission is to reimagine the performance of buildings to serve people,places and the planet.

With a history of more than 135 years of innovation,Johnson Controls delivers the blueprint of the future for industries such as healthcare,schools,data centers,airports,stadiums,manufacturing and beyond through its comprehensive digital offering OpenBlue. With a global team of 100,000 experts in more than 150 countries,Johnson Controls offers the world's largest portfolio of building technology,software as well as service solutions with some of the most trusted names in the industry. For more information,visit www.johnsoncontrols.sgor follow us @Johnson Controls Asia Pacific on LinkedIn.

Tags: Construction/Building Household/Consumer/Cosmetics HVAC

Previous:

Next:

Leave a comment

CUSMail

CusMail provide the Latest News , Business and Technology News Release service. Most of our news is paid for distribution to meet global marketing needs. We can provide you with global market support.

© CUSMAIL. All Rights Reserved. Operate by Paid Release