Honeywell is dedicated to protecting the environment with a comprehensive and contemporary commitment to address some of the world’s toughest challenges. This is one of the central tenets of how Honeywell does business throughout the world.
Greenhouse Gas and Energy Efficiency
In 2007, Honeywell established five-year greenhouse gas and energy efficiency objectives for our internal operations. Honeywell met these goals, reducing our greenhouse gas emissions by more than 30 percent, and increasing our energy efficiency by more than 20 percent, both measured from a 2004 baseline year. Annual goals will continue to reduce greenhouse gas emissions and increase energy efficiency.
Honeywell looks for ways to monetize its voluntary reductions in greenhouse gas emissions through trading opportunities. We seek and support opportunities to trade the credits earned for these reductions as a way to create more powerful incentives for future reductions across a range of industries and sectors globally. A more robust market for these credits could encourage additional reductions and speed progress on greenhouse gas reductions.
Honeywell is committed to integrity and compliance in everything that we do, which is set forth in our Code of Business Conduct. We also are dedicated to ensuring that our suppliers engage in sustainable health, safety, and fair business practices. As part of this commitment, Honeywell requires suppliers to comply with the Code.
Honeywell’s Vice President of Health, Safety, Environment, and Sustainability (HSES) has overall responsibility for the Sustainability program. A Corporate Energy & Sustainability Team, led by the Vice President of HSES and the Vice President of Global Real Estate, helps drive the company’s greenhouse gas and energy efficiency goals.
Honeywell has developed a global inventory of water usage in its manufacturing operations. In 2013, the company will be implementing water conservation projects at sites that are significant water consumers in areas that are experiencing “water stress” as defined by the World Resources Institute.
Honeywell will maintain our company-wide global Total Case Incident Rate (the number of occupational injuries and illnesses per 100 employees) at less than half of the combined U.S. averages of the businesses in which we operate.