HONEYWELL SURVEY REVEALS INCREASED EXPECTATIONS FOR HEALTHIER WORKPLACES

• Honeywell's third annual Healthy Buildings Survey focused on buildings' impact on both occupant well-being and the environment
• More than nine in 10 respondents (91%) would forego job perks if the cost were reinvested in reducing their workplace's environmental impact
• Concerns about indoor air quality in the workplace increased over prior year's survey

ATLANTA, Feb. 22, 2023 /PRNewswire/ -- The findings of Honeywell's (NASDAQ: HON) third annual Healthy Buildings Survey helped shed light on the impact of buildings on both occupant well-being and the planet. More than two in five (43%) surveyed office workers are very or extremely worried about their building's indoor air quality (IAQ), according to the report released today. The survey recently queried 2,500 office workers in buildings with 500-plus workers in Germany, India, the Middle East, the United Kingdom and the United States.

While nearly three in four respondents (74%) express some degree of worry about their workplace's IAQ, 43% of those surveyed say they're very or extremely worried – a seven-point increase over last year's results. This year's survey also posed questions on sustainability, which disclosed that 38% of respondents feel their employer should be prioritizing both better IAQ and reducing the carbon footprint for their building, compared to 40% of respondents who say better IAQ should be prioritized or 22% of respondents who say to prioritize reducing the building's carbon footprint. Overall, a compelling 91% of respondents say they would sacrifice a job perk or benefit and 26% of those say they would sacrifice part of their salary or bonus if the funds were invested in reducing the environmental impact of their building.

"These findings show a considerable percentage of workers want a workplace that offers better indoor air quality and has less of an impact on the environment," said Manish Sharma, vice president and general manager of Sustainable Buildings, Honeywell. "Building owners, operators and organizations should take notice: occupants who are more aware of the impact a building can have on both their well-being and the environment will likely expect change. The good news is these goals are not mutually exclusive and ready now solutions exist to help make this a reality."

The report provides comparisons across the five markets, including the following highlights: 

• More than nine in 10 (93%) say they have higher expectations for IAQ in their workplace than they did three years ago.
• Nearly all respondents (97%) believe good IAQ improves their productivity, including 68% who say it contributes a lot. This average is tilted upward by surveyed workers in the Middle East, where 80% believe it contributes a lot, as well as by C-suite workers across all markets (84%).
• Nearly all surveyed (99%) agree that safe IAQ promotes at least one health-related benefit, including better overall physical health (59%), better overall mental health (56%), fewer allergic reactions such as sneezing and coughing (51%) and fewer airborne contaminants (46%).
• Most respondents (86%) feel their employers have responsibility for IAQ – and that limiting investment in IAQ technology shows a low commitment to employee safety and well-being.
• Surveyed workers are nearly unanimous (97%) in saying they would take action if their employer didn't make an effort to maintain a healthy indoor environment: 57% would speak with their supervisor or leadership; 36% would rally fellow workers and collectively raise the issue; 34% would ask to work remotely; and more than one in five (21%) would look for another job.
• While 40% of respondents across all markets say their employer should prioritize improving IAQ over reducing their building's carbon footprint, 22% want employers to prioritize the latter.
• More than nine in 10 surveyed workers (91%) would forego job perks if the cost were reinvested in reducing their workplace's environmental impact; 40% would give up building amenities such as fitness centers or lounges; 34% would part with state-of-the-art tech for their day-to-day work; and a third (33%) would give up free parking or public transit subsidies.

"It's interesting to see that surveyed workers are willing to sacrifice work perks if the costs are reinvested to help the building where they work have less of an impact on the environment," continued Sharma.

Honeywell's ready now Healthy Buildings solutions can help improve occupant well-being, meet energy efficiency goals and, importantly, change the way occupants experience a building.

Surveyed workers' concerns about the environmental impact of their workplace may be buoyed by the emphasis organizations are placing on sustainability as detailed in the 1Q 2023 Honeywell Environmental Sustainability Index, a quarterly survey of business leaders directly involved in their organization's environmental sustainability initiatives measuring key trends pertaining to global efforts in climate change mitigation and other sustainability initiatives. Seventy-one percent of organizations surveyed in the second release of Honeywell Environmental Sustainability Index ranked sustainability as one of their top five priorities (highest percentage) and 63% of surveyed organizations said energy evolution and efficiency are a top priority. The Index shows organizations are increasingly taking a balanced approach to environmental solutions, embracing more technological solutions alongside process changes.

To read the full report, please click here.

Methodology

The Honeywell Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 2,500 workers in buildings of 500-plus workers across five markets – Germany, India, the Middle East, the United Kingdom and the United States – between January 12 and January 22, 2023, using an email invitation and an online form. The data has been weighted. Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 4.4 percentage points from the result that would be obtained in each market if interviews had been conducted with all persons in the universe represented by the sample.

About Honeywell Building Technologies

Honeywell Building Technologies (HBT) is transforming the way every building operates to help improve the quality of life. We are a leading building controls company with operations in more than 75 countries supported by a global channel partner network. Commercial building owners and operators use our hardware, software and analytics to help create safe, efficient and productive facilities. Our solutions and services are used in more than 10 million buildings worldwide.

Honeywell (www.honeywell.com) 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.

Disclaimer: The information presented in this document is intended solely for informational purposes and not as advice or recommendations for any particular action or investment. The information should not be relied upon, in whole or in part, as the basis for decision-making or investment purposes. The document and its contents are not guaranteed as to accuracy or completeness and are provided on an "as is" basis. Use of this information is at your own risk. Honeywell disclaims all warranties as to the accuracy, completeness, or adequacy of such information and shall have no liability for errors, omissions, or inadequacies in such information. This document includes opinions which should not be construed as statements of fact. Any opinions expressed herein are subject to change without notice. Any forecasts and forward-looking statements are directional indicators, are not predictions of future events, and do not in any way reflect expectations for (or actual) Honeywell operational or financial performance. Any forecasts and forward-looking statements represent our current judgment and are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forecasts and forward-looking statements, which reflect our opinions only as of the date of publication for this document. Honeywell is not obligated to revise or publicly release the results of any revision to these forecasts and forward-looking statements in light of new information or future events.

Contacts:
Honeywell	FINN Partners
Telleen Gegner	Meagan Meldrim
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SOURCE Honeywell