Johnson Controls Recognized in the 2023 Global 100 Listing of the World's Most Sustainable Corporations

Mon Jan 30 11:39:46 CST 2023 Source: www.refindustry.com Collect Reading Volume: 1860
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Johnson Controls announced it has been recognized as one of the World's 100 Most Sustainable Corporations by Corporate Knights for the ninth year in a row. Companies on the Global 100 represent the world's top sustainability performers and are analyzed across 25 areas of performance, including sustainable revenue, capital expenditures, acquisitions, and research and development. Johnson Controls is ranked #1 out of 27 peers within the HVAC equipment manufacturing peer group, #2 out of 74 of the building products industry and #17 overall.

"We are at a critical inflection point when it comes to our planet's health. Buildings account for nearly 40% of the world's greenhouse gas emissions and there is no decarbonizing the climate without decarbonizing buildings. At Johnson Controls, we have the technology and expertise to enable a lower carbon future – for our business and for our customers - while cutting costs and supporting sustainable growth," said George Oliver, chairman and CEO, Johnson Controls. "We are honored to again be recognized by Corporate Knights as a leader in sustainability and we're excited to continue to drive innovation to tackle the climate change challenge."

Johnson Controls is dedicated to continuing efforts to boost sustainability and tackle climate change, including its role in the following:
• Achieving Scope 1, 2 and 3 science based absolute carbon emission reductions by 2030.
• Reaching climate goals ahead of the Paris Climate Agreement goal of 2050 and achieving net zero operational emissions by 2040
• Sourcing 100% renewable energy by 2040
• Committing to invest at least 75% of new product R&D in climate-related innovation and sustainable products and services
• Increasing spend with diverse suppliers at a rate exceeding revenue growth
• Continuing to share critical knowledge on how to reduce carbon emissions and to transform the sustainable buildings industry through partnerships, events, and product innovations.

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Editor: Amanda