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Honeywell International Inc., a leading player in the Other Industrial Machinery Manufacturing sector, is headquartered in the United States. Founded in 1906, Honeywell has evolved into a global powerhouse, with significant operations across North America, Europe, and Asia. The company is renowned for its diverse range of products and services, including aerospace systems, building technologies, and performance materials, which are distinguished by their innovative technology and commitment to sustainability.
With a strong market position, Honeywell has achieved numerous milestones, including advancements in automation and safety solutions. Its dedication to research and development has solidified its reputation as a pioneer in the industry, making it a trusted partner for businesses seeking cutting-edge industrial solutions. Honeywell's unique blend of expertise and technology continues to drive its success in a competitive landscape.
+34 vs industry average
Honeywell International Inc.’s score of 45 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Industrial Machinery Manufacturing has above-average carbon intensity
The Other Industrial Machinery Manufacturing industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Honeywell International Inc., a US-based manufacturer in the Other Industrial Machinery Manufacturing sector, reported its 2024 carbon emissions. The company's Scope 1 emissions were 750,530,000 kg CO2e, while its market-based Scope 2 emissions totalled 743,471,000 kg CO2e. Key Scope 3 emissions in 2024 included approximately 223.7 billion kg CO2e from the use of sold products, about 9.1 billion kg CO2e from purchased goods and services, and 518,410,000 kg CO2e from the processing of sold products.
Looking back to 2023, Honeywell International Inc. recorded Scope 1 emissions of 711,239,000 kg CO2e and market-based Scope 2 emissions of 709,714,000 kg CO2e. Significant Scope 3 emissions for 2023 included roughly 11.4 billion kg CO2e from purchased goods and services. In 2019, the company's Scope 3 emissions were substantial, with approximately 374.7 billion kg CO2e from the use of sold products and about 12.8 billion kg CO2e from purchased goods and services. Earlier data shows Honeywell's Scope 1 and 2 emissions from 2013 to 2022, with the highest in 2013 at 6,107,432,000 kg CO2e (location-based) and a reduction to 1,843,353,000 kg CO2e (location-based) in 2022.
Honeywell International Inc. has made several climate commitments. The company has pledged to become carbon neutral in its facilities and operations by 2035 for both Scope 1 and Scope 2 emissions. Additionally, Honeywell International Inc. committed to DOE's Better Climate Challenge in 2022 to reduce its US Scope 1 and Scope 2 emissions by 50% by 2030 from a 2018 baseline. The company has also set a long-term science-based target, validated by the Science Based Targets initiative (SBTi), to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2037 from a 2019 base year, and to reduce absolute Scope 3 GHG emissions by 23% within the same timeframe. These SBTi targets are classified as consistent with reductions required to keep warming to well-below 2°C. Furthermore, in 2019, Honeywell International Inc. set a "10-10-10" near-term target to reduce global Scope 1 and Scope 2 greenhouse gas emissions intensity by an additional 10%, indexed to revenue, from 2018 levels by 2024.
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2037
23% reduction in scope 3 total
Honeywell International Inc. commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2037 from a 2019 base year. Honeywell Internation…
2037
23% reduction in scope 3 total
2037
50% reduction in Scope 1
Honeywell International Inc. commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2037 from a 2019 base year. Honeywell Internation…
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