Johnson Controls Advances Net Zero Goals in 2023 Sustainability Report

Johnson Controls, a producer of electronics and HVAC equipment, has released its 2023 Sustainability Report, highlighting milestones in its journey to achieve net zero emissions in buildings worldwide. The company has made significant progress in reducing both its own emissions and those of its customers.

The global building sector is responsible for nearly 40% of worldwide emissions. Johnson Controls CEO George Oliver emphasizes that there are only seven years left to cut these emissions by half in order to achieve net zero by 2050 and limit global warming to 1.5 degrees Celsius. Oliver is optimistic about the potential for technology, financing, partnerships, and people to transform buildings into key solutions for reaching net zero.

A 2022 International Energy Agency report revealed that 86% of emission reductions in Europe were due to building improvements, with heat pumps playing a significant role. Johnson Controls is leveraging energy-efficient equipment, clean electrification, and systemic digitalization to speed up its own net zero efforts. The company has already reduced its absolute Scope 1 and 2 emissions by 42% and absolute Scope 3 customer emissions by 14%.

Johnson Controls has committed to ambitious sustainability goals and is investing 90% of its R&D into new sustainability-related technologies. The company is also addressing hard-to-abate steel production and embodied carbon by utilizing recycled steel. Furthermore, Johnson Controls has introduced "Net Zero as a Service," a partnership model that delivers key performance objectives without upfront capital costs, guaranteeing energy savings and paying project costs from these savings.

As a result of its work in sustainability, Johnson Controls has been recognized as one of the World's Most Ethical Companies for 16 years and received numerous other accolades. The company's 100,000-strong workforce, from the executive committee to the front line, is committed to sustainability and diversity performance goals. In 2022, employees volunteered over 45,800 hours, with 86% supporting UN Sustainable Development Goals.

The company offers HVAC equipment, building automation, security, fire detection, batteries, and other related products, as well as building control systems, energy management, and integrated facility management services

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