Honeywell International Inc.

Honeywell International Inc., headquartered in the US and operating within the Other Industrial Machinery Manufacturing sector, has set ambitious climate targets. The company is committed to achieving carbon neutrality in its facilities and operations by 2035.

In terms of emissions, for the year 2024, Honeywell reported a Scope 1 emission total of approximately 750,530,000 kg CO2e, and Scope 2 emissions (market-based) of about 743,471,000 kg CO2e. Scope 3 emissions for the same year were significantly higher, with the 'use of sold products' category alone contributing approximately 223,682,341,000 kg CO2e. Purchased goods and services represented another substantial portion of Scope 3 emissions, totalling around 9,097,005,000 kg CO2e. The overall calculated total emissions for 2024 were approximately 235,922,093,000 kg CO2e.

For 2023, Honeywell reported Scope 1 emissions of approximately 711,239,000 kg CO2e and Scope 2 (market-based) emissions of about 709,714,000 kg CO2e. Scope 3 emissions for 2023 included purchased goods and services at roughly 11,389,635,000 kg CO2e.

Honeywell has established science-based targets (SBTi) to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2037 from a 2019 baseline. Furthermore, the company aims to reduce its Scope 3 greenhouse gas emissions by 23% within the same timeframe. They have also committed to reducing US Scope 1 and Scope 2 emissions by 50% by 2030 from a 2018 baseline. A previous five-year target, set in 2019, aimed to reduce global greenhouse gas emissions intensity by 10% (indexed to revenue), deploy 10 renewable energy opportunities, and achieve ISO 50001 certification at 10 facilities by 2024.