CORK, Ireland, April 22, 2024 - Johnson Controls today released its 2024 Sustainability Report, marking significant progress and unwavering focus on decarbonizing the built environment. Notably, the company reduced absolute Scope 1 and 2 emissions by 43.8 percent since 2017, putting it ahead of schedule in achieving its 2030 science-based target of a 55 percent reduction. The company also reported a 27.1 percent reduction in Scope 3 emissions derived from the use of its products, exceeding its 2030 science-based target of achieving 16 percent reduction in use of sold products by 2030.
“At Johnson Controls, our focus on sustainability is a force multiplier accelerating our strategy, cutting our operating costs, and helping us attract and retain the best and brightest talent in the industry,” said George Oliver, chairman and CEO. “Putting our operating technology and OpenBlue digital platform to work achieving our own ambitious decarbonization goals enables us to be a trusted partner to our customers, accelerating their climate progress and success. I am proud of the progress we have made and am excited by the many initiatives we have underway that make the promise of sustainable buildings a reality.”
Buildings are responsible for nearly 40 percent of global carbon emissions and buildings represent some of the fastest—if not the fastest—paths to meeting global climate targets. Throughout the report, Johnson Controls highlights key innovations and initiatives that deliver energy efficiency and decarbonization in buildings. This includes the solutions and services that form the smart building trifecta: energy-efficient equipment, clean electrification and digitalization.
Johnson Controls is investing 90 percent of new product Research and Development into climate-related technologies. The company is also addressing hard-to-abate steel production and embodied carbon with more than 80% of steel purchases in the United States and 50 percent globally produced from recycled scrap materials using low-carbon, electric arc furnace steel-making technology.
Johnson Controls is also helping customers overcome financing challenges with innovative structures like “Net Zero Buildings as a Service,” which establishes outcome-based, net zero financing. It redefines risk by guaranteeing energy savings and paying project costs out of the savings.