Johnson Controls Distinguished as Global Climate Leader by Climate Disclosure Project

Rhea-AI Summary

Johnson Controls (NYSE: JCI) has received a CDP Climate score of A-, placing it in the Leadership band for its commitment to sustainability. The company aims for net zero Scope 1 and 2 emissions by 2040, ten years ahead of the Paris Agreement. Recognized for its environmental practices, Johnson Controls scored an A for governance and set ambitious emissions-reduction targets. The company also made the Global 100 list of the most sustainable corporations, ranking 17th overall. With a history of over 140 years in innovation, JCI emphasizes decarbonization and digital transformation in the built environment.

Positive

• Achieved a CDP Climate score of A-, recognized in the Leadership band.
• Plans to reach net zero Scope 1 and 2 emissions by 2040, ahead of the Paris Agreement.
• Ranked 17th in Corporate Knights' Global 100 list of most sustainable corporations.
• Received a Platinum sustainability rating from EcoVadis, placing it in the top 1% of evaluated companies.

Negative

• None.

• Achieved CDP Climate score of A-, recognized in the Leadership band by the Climate Disclosure Project (CDP)
• Underscores the company`s strong commitment to sustainability and reaching net zero scope 1 and 2 emissions by 2040, 10 years ahead of the Paris Agreement

CORK, Ireland, Feb. 14, 2023 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, is again named a global climate leader by the Climate Disclosure Project (CDP), an independent not-for-profit organization that drives sustainable global economic development through environmental disclosure for companies and governments.

Johnson Controls is recognized at the leadership level for its environmental best practices. The company received an overall score of A- and an A score for governance, its ambitious Scope 1, 2 and 3 emissions-reduction targets, and for its approach to climate-risk management. Johnson Controls is part of the electrical and electronic equipment Activity Group, which had an average score of C. CDP rates companies annually based on progress toward sustainability targets, comprehensiveness of their disclosure, and management of environmental risks and best practices. Johnson Controls has disclosed to CDP's reporting methodology since 2010.

"When it comes to climate, we are at a critical inflection point. While buildings account for nearly 40% of global emissions, the technology exists today to get to net zero, through increased digitization and electrification," said George Oliver, chairman and CEO, Johnson Controls. "This leadership score from CDP is a testament to the consistent work we're doing to accelerate our own sustainable transformation, and how we're helping our customers do the same. We are firmly committed to decarbonizing the built environment for a smarter, healthier, net-zero world."

CDP was founded in 2000 and today works with more than 680 financial institutions with over $130 trillion in assets. CDP is driving a more sustainable global economy by using capital markets and procurement to motivate companies to disclose environmental impact, reduce emissions, safeguard water and protect forests. In 2022, more than 18,700 companies disclosed through CDP, representing half of global market capitalization. This is a 42% increase in the number of companies disclosing since 2021 and demonstrates the deepening global commitment to a sustainable, net zero future.

Recently Johnson Controls was named to Corporate Knights' 2023 Global 100 World's Most Sustainable Corporations listing, ranking 17^th overall and #1 in JCI's peer group, and was awarded a Platinum sustainability rating by EcoVadis, placing it in top 1% of over 100,000 companies evaluated. The company was also named to Fortune's 2022 Change the World list for its OpenBlue solutions and OpenBlue Net Zero Buildings as a Service offering, providing a one-stop-shop for customers aiming to reduce greenhouse gas emissions and meet net zero goals.

Johnson Controls Recognition for ESG & Sustainability: 

• 2023 Global 100 by Corporate Knights

In 2022:

• Awarded platinum sustainability rating by EcoVadis, placing it in top 1% of companies evaluated
• Named as Microsoft's Global Sustainability Changemaker
• Fortune Change the World list 
• Fortune Most Admired Companies 
• Forbes Best Employers for Diversity 
• 100 Best Corporate Citizens by 3BL Media for the 17th year in a row 
• World's Most Ethical Companies by Ethisphere for the 15th time 
• AAA rating by MSCI for the fourth year in a row 
• ESG Industry Top Rated by Sustainalytics 
• ISS Prime Corporate ESG Performance, #1 in our GISC industry 
• Named to Financial Times European Climate Leaders list 
• Received HRH The Prince of Wales' Terra Carta Seal 

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

About Johnson Controls:
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.

Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.

Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.

Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social Platforms.

INVESTOR CONTACT:	MEDIA CONTACT:
Michael Gates	Danielle Canzanella
Direct: +1 414.524.5785	Direct: +1 203-499-8297
Email:  michael.j.gates@jci.com	Email: Danielle.canzanella@jci.com

 

 

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SOURCE Johnson Controls International plc

FAQ

What is Johnson Controls' CDP Climate score in 2023?

Johnson Controls received a CDP Climate score of A- in 2023.

What are Johnson Controls' sustainability goals?

Johnson Controls aims to achieve net zero Scope 1 and 2 emissions by 2040.

How did Johnson Controls perform in the 2023 Global 100 ranking?

Johnson Controls ranked 17th overall in Corporate Knights' Global 100 list of the world's most sustainable corporations in 2023.

What environmental targets did Johnson Controls set?

The company set ambitious Scope 1, 2, and 3 emissions-reduction targets and focuses on climate risk management.

Who recognizes Johnson Controls as a climate leader?

Johnson Controls was recognized as a global climate leader by the Climate Disclosure Project (CDP).