Our Values Our Commitment

Honeywell is dedicated to protecting the environment with a comprehensive and contemporary commitment. This is one of the central tenets of how Honeywell does business throughout the world.

Honeywell embraces its obligation of environmental stewardship through the pursuit of technology that is building a world that's safer and more secure … more comfortable and energy efficient … more innovative and productive.

Environmental stewardship means acting in a way that is both productive and sustainable. In fact, Honeywell solutions and technologies expand sustainable capacity and improve the efficiency of products and processes, fostering "Sustainable Opportunity."

We design products that help conserve energy, reduce waste, and protect our homes and offices. We help other companies become more efficient and productive with our products and solutions. Our corporate-wide core processes identify and address risks and promote a culture of safety excellence.

Honeywell values its standing as a respected and responsible global business leader. Honeywell recognizes that environmental stewardship is behavior expected of corporate leaders today. It is a pillar of our reputation with the customers we serve.

Honeywell assists communities and companies in meeting the challenges posed by climate change policies and requirements by reducing the consumption of fossil fuels.

In January 2005, we received the Landfill Methane Outreach Program "Project of the Year" award for 2004 from the U.S. Environmental Protection Agency for an innovative landfill gas recovery initiative, resulting in substantial greenhouse gas reductions.

On May 16, 2007, Honeywell joined former President Bill Clinton and mayors of the world’s large cities to announce a global Energy Efficiency Building Retrofit Program, a project of the Clinton Climate Initiative. The program is a global effort to help cities around the world improve the energy efficiency of buildings and decrease greenhouse gas emissions. Buildings are a major global consumer of energy and Honeywell is working with participating cities to identify and implement conservation and opportunities in their facilities.

Honeywell is a sponsor of a report published in November 2007 by McKinsey & Company and The Conference Board titled Reducing U.S. Greenhouse Gas Emissions: How Much at What Cost? The report is a detailed analysis of 250 opportunities for reducing greenhouse gases. It concludes that the United States could reduce greenhouse gas emissions at manageable costs using proven and emerging high-potential technologies.

We will continue to develop products and technologies that improve efficiency and lower greenhouse gas emissions. In 2007 Honeywell established 5-year greenhouse gas and energy efficiency objectives for its internal operations. By 2012 Honeywell will reduce its greenhouse gas emissions by 30%, and will increase its energy efficiency by 20%, both from a 2004 baseline year.

We participate in the U.S. Environmental Protection Agency’s Climate Leaders program. Climate Leaders is a public-private partnership that works to measure progress toward reaching corporate greenhouse gas reduction commitments. In December 2007, we joined the Chicago Climate Exchange (CCX), a voluntary, legally binding trading system, which offers members the opportunity to monetize reductions in greenhouse gases that are below established targets.

Environmental responsibility is important to our long-term growth. Being a steward of the environment ensures economic sustainability for our shareowners and employees, and it enables continued development of products to meet the demands of an expanding global economy.

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.