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

Rhea-AI Summary

Johnson Controls (NYSE: JCI) has been recognized by Corporate Knights as one of the World's 100 Most Sustainable Corporations for the ninth consecutive year. The company ranked #1 in HVAC equipment manufacturing and #17 overall among 27 peers. Johnson Controls aims to achieve net zero Scope 1 and 2 carbon emissions by 2040, with significant commitments including sourcing 100% renewable energy and investing 75% of new R&D in climate-related innovations by 2030. The recognition underscores the company's dedication to delivering smart, healthy, and sustainable buildings.

Positive

• Ranked #1 in HVAC equipment manufacturing on Corporate Knights' 2023 Global 100 list.
• Ranked #17 overall, marking its ninth consecutive year being recognized.
• Plans to achieve net zero Scope 1 and 2 carbon emissions by 2040.
• Committed to source 100% renewable energy by 2040.

Negative

• None.

• Ranked #1 in its group for HVAC equipment manufacturing on Corporate Knights' 2023 Global 100 listing of most sustainable corporations
• Ranked #17 overall, marking ninth consecutive ranking for Johnson Controls
• Johnson Controls continues to dedicate itself to delivering smart, healthy, sustainable buildings for customers and delivering net zero Scope 1 and 2 carbon emissions by 2040

CORK, Ireland, Jan. 19, 2023 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, today 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.

A leading sustainable-economy media and research organization, Corporate Knights was founded in 2002 to help advance the sustainable economy.

"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.

Johnson Controls Recognition for ESG & Sustainability: 

• Awarded platinum sustainability rating by EcoVadis, placing it in top 1% of companies evaluated
• Named as Microsoft's Global Sustainability Changemaker for 2022 
• 2022 Fortune Change the World list 
• 2022 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 2022 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

 

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/johnson-controls-recognized-in-the-2023-global-100-listing-of-the-worlds-most-sustainable-corporations-301725809.html

SOURCE Johnson Controls International plc

FAQ

What is Johnson Controls' rank in the 2023 Global 100 list?

Johnson Controls is ranked #17 overall in the 2023 Global 100 list.

How many times has Johnson Controls been recognized as a sustainable corporation?

Johnson Controls has been recognized for nine consecutive years.

What is Johnson Controls' goal for carbon emissions by 2040?

The goal is to achieve net zero Scope 1 and 2 carbon emissions by 2040.

In which category did Johnson Controls rank #1?

Johnson Controls ranked #1 in HVAC equipment manufacturing.

When was the press release issued?

The press release was issued on January 19, 2023.