Johnson Controls releases 2021 Sustainability Report
CORK, Ireland, 10 April 2021: Johnson Controls on April 9 published its 2021 Sustainability Report, highlighting its new environmental, social and governance commitments and progress towards the company’s sustainability goals, the company said through a Press release.
George Oliver, Chairman and CEO, Johnson Controls, said: “At Johnson Controls, sustainability is our business. This year saw us continue to pioneer new and important paths to sustainability, including our issuance of a green bond in the U.S. capital markets – among the very first industrials to do so.
“We welcome and embrace the enhanced attention and urgency around tackling climate change and making gains across environmental, social and governance pillars. We are determined to strengthen and further build our culture of diversity and inclusion.
“Our bold new sustainability commitments demonstrate we are all-in to help drive healthy buildings, healthy people and a healthy planet for our employees, shareholders, customers and all of our stakeholders.”
According to Johnson Controls, highlights of the report include:
- New ambitious sustainability commitments that outline the company’s priority to make positive changes in lowering its company footprint, such as achieving net zero carbon emissions before 2040.
- Its first-ever Sustainability Report that includes and fully integrates its first-ever diversity and inclusion report, highlighting its D&I commitment, mission, vision, pillars and progress.
- Its goal to double its customers’ emission reductions through implementation of its OpenBlue digitally enabled solutions by 2030.
- Its intention to double the representation of women leaders globally and minority leaders in the United States over the next five years.
- Its green financing initiatives, including a green bond – one of the first industrial companies to issue a green bond in U.S. debt capital markets – and a senior revolving credit facility tied to specific sustainability metrics
- Executive compensation that is linked to sustainability and diversity performance goals
- The appointment of the company’s first Chief Sustainability Officer and the formation of a Governance and Sustainability board of directors’ committee
- Performance contracting projects that have helped its customers avoid more than 30.6 million metric tons CO2e and save USD 6.6 billion through energy and operational savings since January 2000.
- Greenhouse gas emissions intensity reduction of more than 70% since 2002.
- Our commitment to The Climate Pledge, co-founded by Amazon and Global Optimism, to reach net-zero