BSEE-MAY21-P28 Honeywell_Layout 1 22/04/2021 13:03 Page 28
BSEE
NETWORKING & CYBER SECURITY
Honeywell commits to carbon neutrality in its operations and facilities by 2035
• The company has already reduced the greenhouse gas intensity of its operations and facilities by more than 90% since 2004
• Builds on the company’s ‘10-10-10’ commitment to reduce greenhouse gas emissions by 10% from 2018 levels, deploy at least 10 renewable energy opportunities and achieve ISO’s 50001 Energy Management Standard at 10 facilities by 2024
• Honeywell will continue to support its customers’ sustainability goals with innovative new products that reduce greenhouse gas emissions, save energy and support the adoption of renewable energy sources
Honeywell (NYSE: HON) has committed to become carbon neutral in its operations and facilities by 2035 through a combination of further investment in energy savings projects, conversion to renewable energy sources, completion of capital improvement projects at its sites and in its fleet of company vehicles, and utilization of credible carbon credits. These initiatives represent a continuation of the company’s sustainability efforts since 2004, which have already driven a more than 90% reduction in the greenhouse gas intensity of its operations and facilities.
Investing in the Future
“Companies like Honeywell have a unique role to play in shaping a future that is safer and more sustainable for our children and our grandchildren, and that’s why I am pleased to commit to achieving carbon-neutral facilities and operations by 2035,” said Darius Adamczyk, chairman and chief executive officer of Honeywell. “Honeywell has a long history of improving our own environmental and sustainability profile while providing innovative products and services that improve our customers’ profiles as well. We will continue to invest in our plants and in new technologies that will reduce our carbon footprint and contribute significantly to global efforts to mitigate climate change.”
28 BUILDING SERVICES & ENVIRONMENTAL ENGINEER MAY 2021
Honeywell’s carbon-footprint reduction will continue to be driven through the company’s rigorous, end-to-end business operating system. Honeywell’s reductions will be reported publicly and third-party verified pursuant to The Greenhouse Gas Protocol. The company’s efforts will result in carbon-neutral operations and facilities as it relates to direct emissions (“Scope 1”) and indirect emissions from electricity and steam (“Scope 2”). In addition, Honeywell has committed to addressing “Scope 3” indirect emissions, which include emissions in the value chain, by enhancing its existing tracking system and partnering with industry leaders to identify and implement best practices while encouraging customers to adopt Honeywell’s climate solutions and products.
Aggressive Sustainability Targets
Honeywell has a long and successful track record of setting aggressive sustainability targets and exceeding them. In addition to significantly reducing its greenhouse gas intensity, Honeywell has implemented more than 5,700 sustainability projects since 2010, saving an annualized $100 million in costs.
In 2019, Honeywell set a new “10-10-10” target to reduce global Scope 1 and Scope 2 greenhouse gas emissions intensity by an additional 10% from 2018 levels, deploy at least 10 renewable energy opportunities, and achieve certification to ISO’s 50001 Energy Management Standard at 10 facilities by 2024. The company is on track to meeting these commitments.
Honeywell’s commitment to carbon neutrality builds on the company’s decades-long history of innovation to help its customers meet their environmental and social goals. In fact, about half of Honeywell’s new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers.
The widespread adoption of Honeywell’s Solstice® line of low-global-warming-potential refrigerants, blowing agents and aerosols has already avoided discharge of the equivalent of
Read the latest at:
www.bsee.co.uk About Honeywell
Honeywell (
www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit
www.honeywell.com/newsroom.
more than 200 million metric tons of carbon dioxide to the atmosphere. That equates to removing more than 42 million cars from the road for a year. Honeywell also provides process technology to produce biofuels, energy savings performance contracts to deliver energy efficiency in buildings and campuses, and software that helps building owners conserve energy while improving occupant safety and comfort.
Honeywell continues to invest in other leading- edge sustainability technologies, including energy storage solutions such as flow batteries that allow surplus wind and solar power to be stored and used when needed, along with technologies to support the decarbonization of residential, commercial, and industrial energy by replacing natural gas with hydrogen.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50
