Honeywell International Inc., commonly referred to as Honeywell, is a leading multinational conglomerate headquartered in the United States. Founded in 1906, the company has established a strong presence across various operational regions, including North America, Europe, and Asia. Honeywell operates primarily in the aerospace, building technologies, performance materials, and safety and productivity solutions industries. The company is renowned for its innovative core products and services, which include advanced aerospace systems, energy-efficient building solutions, and cutting-edge safety equipment. Honeywell's commitment to sustainability and technological advancement sets it apart in the market. With a rich history of key milestones, including significant acquisitions and product launches, Honeywell continues to maintain a strong market position, recognised for its contributions to enhancing operational efficiency and safety across diverse sectors.
How does Honeywell Int'l Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Honeywell Int'l Inc.'s score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Honeywell International Inc. reported an emissions intensity of approximately 0.0544 metric tons CO2e per unit of revenue for its Scope 1 and 2 emissions. The company has set ambitious climate commitments, aiming to achieve carbon neutrality in its facilities and operations by 2035. This long-term goal aligns with its near-term targets established in 2019, which include a 10% reduction in global greenhouse gas emissions, indexed to revenue, from 2018 levels by 2024. For its absolute emissions, Honeywell has committed to reducing Scope 1 and 2 greenhouse gas emissions by 50% by 2037, using 2019 as the base year. Additionally, the company aims to reduce its absolute Scope 3 emissions by 23% within the same timeframe. In 2021, Honeywell disclosed total emissions of approximately 1,324,742,000 kg CO2e for Scope 1 and approximately 808,985,000 kg CO2e for Scope 2, alongside significant contributions from Scope 3 emissions, which included 15,324,871,000 kg CO2e from purchased goods and services. These commitments reflect Honeywell's dedication to addressing climate change and reducing its carbon footprint across all scopes of emissions, reinforcing its position in the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | |
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Scope 1 | 1,324,742,000 |
Scope 2 | 808,985,000 |
Scope 3 | 16,846,934,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Honeywell Int'l Inc. is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.