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Sustainable development

Johnson Controls Accelerates Net Zero Journey, Reducing Emissions by 42% Since 2017

Strategic Insights

— 1 min read

Johnson Controls, a global leader in smart, healthy, and sustainable buildings, has released its 2023 Sustainability Report, marking significant milestones on its path to achieving net zero in buildings around the world. The company is ahead of schedule on its net zero journey, having reduced absolute emissions across operations by 42% since 2017. Innovative technologies have also reduced customer emissions by 14% since 2017.

Key Takeaways:

  • Johnson Controls has reduced absolute emissions across operations by 42% since 2017, with a goal of achieving net zero by 2050.
  • The company's net zero journey is ahead of schedule, with a 42% reduction in Scope 1 and 2 emissions.
  • Innovative technologies have reduced customer emissions by 14% since 2017, with a goal of achieving 16% reduction in Scope 3 customer emissions by 2030.
  • Johnson Controls has committed to ambitious sustainability goals, including a 55% reduction in absolute Scope 1 and 2 emissions by 2030.
  • The company has created and deployed technology to accelerate its net zero journey, including the smart building trifecta of energy-efficient equipment, clean electrification, and systemic digitalization.
  • Johnson Controls has reduced absolute Scope 3 customer emissions by 14%, or more than 18 million metric tons, on the way to its 2030 Science Based Target initiative (SBTi) target of 16%.
  • The company has committed to investing 90% of R&D into new sustainability-related technologies in fiscal year 2022.
  • Johnson Controls has introduced "Net Zero as a Service," a partnership model that delivers on key performance objectives for customers without upfront capital costs.

Statistics:

  • Johnson Controls has reduced absolute Scope 1 and 2 emissions by 42%, or more than 455,000 metric tons.
  • The company has achieved a 14% reduction in absolute Scope 3 customer emissions, or more than 18 million metric tons.
  • Johnson Controls has invested 90% of R&D into new sustainability-related technologies in fiscal year 2022.
  • The company has helped partners and customers avoid over 37 million metric tons of emissions since January 2000.
  • Partners are set to save over $7.8 billion in energy and operational costs over their project terms.

Sources:

  • Johnson Controls 2023 Sustainability Report
  • Science Based Targets initiative (SBTi)
  • CDP (formerly the Carbon Disclosure Project)
  • JUST Capital
  • Sustainalytics
  • GRI (Global Reporting Initiative)
  • Refinitiv (formerly Thomson Reuters Financial & Risk)
  • Bloomberg Finance L.P.
  • Fortune Magazine
  • 3BL Media
  • Ceres
  • The Climate Group
  • United Nations (UN) Sustainable Development Goals

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