Honeywell takes its commitment to Corporate Citizenship, protection of our environment, and creation of Sustainable Opportunity everywhere it operates seriously.
Honeywell’s Sustainable Opportunity policy is based on the principle that by integrating health, safety, and environmental considerations into all aspects of its business, Honeywell protects its people, its communities, and the environment; achieves sustainable growth and accelerated productivity; drives compliance with all applicable regulations; and develops technologies that expand the sustainable capacity of our world.
Our commitment to be more efficient and responsible is reflected in the extensive work we do to make our businesses more environmentally friendly, safer, and more sustainable. By 2017, Honeywell will reduce greenhouse gas emissions by 15% per dollar of revenue from 2011 levels. This is in addition to our previous goal, which we exceeded, reducing global greenhouse gas emissions by more than 30% and improving energy efficiency by more than 20% between 2004 and 2011. Since 2010, more than 1,400 projects including building automation/controls, lighting, and mechanical upgrades have been implemented by our facilities.
A sustainable environment is also a safe environment. Honeywell technologies can help keep an emergency from becoming a tragedy. Our safety products include personal protective equipment and gas detection products as well as safer and more effective air traffic management technologies. Our corporate-wide core processes identify and address risks and promote a culture of safety excellence. In fact, we have achieved a safety record that is more than two times better than the average of the industries in which we do business.
With its roots partly in the chemical industry, Honeywell does have environmental remediation issues arising out of operations in the past, mostly in businesses Honeywell closed or sold years ago. We are responsibly addressing those issues in ways that use world class science, design, and engineering to protect human health and the environment and also to transform these properties into sustainable assets for the surrounding communities.
Nearly 50 percent of our portfolio is dedicated to energy efficient products and services. From programmable thermostats and energy management systems to turbochargers and green fuels to industrial controls and lighter aircraft components, our technologies are building a world that is safer and more secure, more comfortable and energy efficient, and more innovative and productive … right now.
In fact, the use of Honeywell technologies could reduce energy demand in the United States and Europe by 20 to 25 percent if they were immediately and comprehensively adopted across the residential, commercial, industrial, and transportation sectors.