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 25 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Honeywell International Inc., headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. As of 2022, the company has committed to reducing its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2037, using 2019 as the baseline year. Additionally, Honeywell aims to cut its absolute Scope 3 emissions by 23% within the same timeframe. In terms of emissions intensity, Honeywell has previously reported a reduction target of 30% per metric tonne CO2e per unit of revenue by 2022. Furthermore, the company has set a long-term goal to reduce emissions intensity by 65% from 2007 levels, demonstrating its commitment to sustainability and climate action. Honeywell's targets align with the Science Based Targets initiative (SBTi), classifying their goals as consistent with keeping global warming well below 2°C. This commitment reflects Honeywell's proactive approach to addressing climate change and its impact on the environment.
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 committed to some reduction initiatives 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.