Honeywell International Inc. Sustainability Profile
Honeywell International Inc., a leading multinational conglomerate headquartered in the United States, has been at the forefront of innovation since its founding in 1906. With a diverse operational presence across North America, Europe, and Asia, Honeywell excels in various industries, including aerospace, building technologies, performance materials, and safety solutions. The company is renowned for its cutting-edge products and services, such as advanced aerospace systems, energy-efficient building technologies, and industrial automation solutions, all designed to enhance efficiency and safety. Honeywell's commitment to sustainability and technological advancement has solidified its position as a market leader, earning numerous accolades for its innovative approaches and contributions to global industries.
DitchCarbon Score
How does Honeywell International 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.
Industry Average
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.
Industry Benchmark
Honeywell International Inc.'s score of 56 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Honeywell International Inc.'s reported carbon emissions
In 2023, Honeywell International Inc. reported total greenhouse gas emissions of approximately 2,175,000,000 kg CO2e, comprising 690,042,000 kg CO2e from Scope 1 and 665,877,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, including 15,557,194,000 kg CO2e from purchased goods and services. Honeywell has set ambitious climate commitments, including a target to reduce U.S. Scope 1 and Scope 2 emissions by 50% by 2030 from a 2018 baseline, as part of the Department of Energy's Better Climate Challenge. Additionally, the company aims to achieve carbon neutrality in its facilities and operations by 2035. The company previously established a "10-10-10" target to reduce global Scope 1 and Scope 2 emissions intensity by 10% from 2018 levels by 2024, while also deploying renewable energy opportunities and achieving ISO 50001 certification at ten facilities. Honeywell's commitment to sustainability is further demonstrated by its initiatives to reduce emissions to near zero by the middle of this decade, focusing on both Scope 1 and Scope 2 emissions.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,346,781,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 1,760,651,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | - | - | - | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Honeywell International Inc.'s Industry?
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Honeywell International Inc.'s Scope 3 Categories Breakdown
Honeywell International Inc.'s Scope 3 emissions, which decreased by 6% last year and decreased by approximately 6% since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 91% of Scope 3 emissions.
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Honeywell International Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Honeywell International Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
