Johnson Controls International plc - JCI STOCK NEWS

On October 28, 2021, Johnson Controls (NYSE: JCI) urged global leaders to adopt bold climate policies at the COP26 Climate Conference. Supporting an open letter from the Alliance of CEO Climate Leaders, the company highlighted the need for urgent action to limit global warming to 1.5°C and achieve net-zero emissions by 2050. Johnson Controls emphasized the potential of technologies like OpenBlue to significantly reduce carbon emissions from buildings, which account for 40% of global CO₂ emissions. The company is committed to cutting operational emissions by 55% by 2030 and has also issued a Sustainability Linked Bond to further its carbon reduction goals.

Johnson Controls (NYSE: JCI) announced its Glendale, Wisconsin campus has been designated a historical landmark by the Milwaukee County Historical Society. The campus reflects the company's commitment to sustainability, having achieved LEED Platinum certification in 2010. Notable achievements include a 21% reduction in energy usage and the generation of 827,000 pounds of greenhouse gas emissions saved annually through solar energy. This recognition highlights Johnson Controls' role in promoting economic growth and environmental stewardship in Milwaukee County.

Johnson Controls International plc (NYSE: JCI) will host its Fourth Quarter Fiscal 2021 Earnings Conference Call on November 5, 2021, at 8:30 a.m. EDT. Investors can join via a live webcast accessed through the company's investor relations website or by telephone. A replay of the call will be available after the event. With a focus on transforming environments for improved sustainability, Johnson Controls showcases its extensive portfolio in building technologies through its OpenBlue platform.

H.I.G. Capital announced the sale of its portfolio company, Hart & Cooley, to DuraVent, a leading manufacturer in the venting products industry. The sale, whose terms remain undisclosed, follows H.C.'s strategic focus on markets where it holds a competitive edge. Hart & Cooley has a rich history since 1901, offering a diverse range of HVAC products. The acquisition aims to unify both companies, enhancing their market presence in the air distribution sector. H.I.G. Capital has over $45 billion in equity capital managed globally.

Johnson Controls (NYSE: JCI) collaborated with 894 U.S. higher education institutions in Q3 2021, implementing healthy building strategies for safe campus reopening in fall 2021. Utilizing its OpenBlue Healthy Buildings offerings, the company supported schools in enhancing air quality and safety, thereby promoting student wellness and achievement. With a focus on long-term revenue recovery, Johnson Controls emphasized that healthy environments will attract health-conscious applicants and donors. This initiative is a crucial step in addressing pandemic-related challenges while continuing sustainability efforts in education.

Johnson Controls (NYSE: JCI) has appointed Marlon Sullivan as the new executive vice president and chief human resources officer, effective immediately. Sullivan, who previously held a similar role at Delta Airlines, will oversee employee experience aspects such as talent acquisition, leadership development, and diversity strategies. This leadership change follows the retirement of Lynn Minella after more than four years. Sullivan's previous experience includes positions at Abbott Laboratories and The Home Depot, boosting confidence in his capability to enhance the company’s talent strategies.

Johnson Controls (NYSE: JCI) announces that its industrial heat pump technology has helped Entra ASA win the Heat Pump Award 2021 for the Powerhouse Brattørkaia in Trondheim, Norway. This building is the first to achieve the Powerhouse plus energy standard, producing more renewable energy than the total energy used throughout its lifecycle. Johnson Controls' innovative approach and collaboration with Skanska demonstrates the potential of energy-efficient buildings, contributing to global carbon reduction goals.