Johnson Controls Named a Climate Leader in Europe
Johnson Controls, the global leader for smart, healthy and sustainable buildings, has again been named to the Financial Times Europe Climate Leaders list in 2024. This marks the fourth year Johnson Controls has been included, each year since the list’s inception in 2021.
The Europe Climate Leaders list, compiled by the Financial Times in partnership with data provider Statista, shows that companies are increasingly accelerating on decarbonization. The list is comprised of European companies that achieved the greatest reduction in their core emissions intensity between 2017 and 2022 and fulfilled further climate-related criteria including transparency on Scope 3 emissions and their collaboration with leading sustainability assessors.
“We are at a critical inflection point when it comes to climate change. While buildings account for nearly 40% of global emissions, the technology exists today to get to net zero through energy efficient technology, electrification, and digital optimization,” said Katie McGinty, vice president and chief sustainability and external relations Officer. “Our inclusion on the Europe Climate Leaders list is a testament to the success we’ve realized in putting the technology trifecta to work in our business operations—cutting emissions and costs— and we are seizing the significant opportunity there is in embracing and promoting meaningful climate action.”
“Our inclusion on the Europe Climate Leaders list is a testament to the success we’ve realized in putting the technology trifecta to work in our business operations—cutting emissions and costs— and we are seizing the significant opportunity there is in embracing and promoting meaningful climate action.”
Katie McGinty, vice president and chief sustainability and external relations officer
As reported in its latest sustainability report, Johnson Controls has reduced absolute Scope 1 and 2 emissions by 44% since 2017, putting it ahead of schedule in achieving its 2030 science-based target of a 55% reduction. The company also reported a 27% reduction in Scope 3 emissions derived from the use of its products, exceeding its 2030 science-based target of achieving 16% reduction in use of sold products by 2030.
Johnson Controls also remains committed to innovation, investing 90% of new product R&D into climate-related technologies. The company is also addressing hard-to-abate steel production and embodied carbon with more than 80% of steel purchases in the United States and 50% globally produced from recycled scrap materials using low-carbon, electric arc furnace steel-making technology.
Recent Johnson Controls Recognition:
- Forbes Net Zero Leaders list
- CDP 2023 Climate Change 'A List'
- 2024 EcoVadis Gold, top 5% percent of companies assessed
- ISS ESG Prime Status, awarded to companies with an ESG performance above the sector-specific Prime threshold.
- Ethisphere 2024 World's Most Ethical Companies list for the 17th time
- Named to the Clean200 every year since its inception in 2016
- 2023 Global 100 Most Sustainable Corporations by Corporate Knights
- Newsweek America's Greatest Workplaces for Diversity
- Forbes Best Employers for Diversity list
- Newsweek Excellence 1000 Index
- Fortune 2023 Change the World list
- TIME World's Best Companies 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.
The full list of companies that made this year’s Climate Leaders List is available here: https://www.ft.com/climate-leaders-europe-2024
###