CORK, Ireland, June 10, 2021 /PRNewswire/ -- Johnson
Controls (NYSE: JCI), the global leader for smart,
healthy and sustainable buildings, has joined a call to action
on the eve of the Group of Seven (G7) Summit in Cornwall, UK. Lending its support to an open
letter issued by the Alliance of CEO Climate Leaders, Johnson Controls has urged the G7 and other
global leaders to accelerate a just transition in the race to
net-zero and climate resilience, calling for bold commitments,
policy and actions to avoid the worst impacts of climate
change.
"Reducing energy waste from buildings also saves money, so there is
every reason to accelerate action."
The Alliance, an informal group facilitated by the World
Economic Forum, of which Johnson Controls is a member, is the
largest community of Chief Executive Officers in the world
committed to climate action – representing 21 countries and 13
industries with combined revenues of $2.4
trillion. In its letter to the G7, it states that the
current trajectory for greenhouse gas emissions is leading the
world to "current and irreversible outcomes", and says that with
just five months to go before COP26
in November, "bold action" across private and public sectors is
needed.
"There is no time to waste in tackling climate change.
Technologies already exist today that can put us solidly on the
pathway to net zero by 2050. We know that decarbonization of
buildings is part of the solution as buildings represent some 40%
of global emissions. Reducing energy waste from buildings also
saves money, so there is every reason to accelerate action," said
George Oliver, chairman and CEO,
Johnson Controls. "The G7 Summit is
a critically important opportunity for wealthy nations to show
needed leadership, but it has to be a collective effort.
Governments can expedite further action from companies; businesses
are ready to move fast and boost investments to create a
sustainable future."
The Alliance letter states that its members have made clear
commitments and are working to transition their businesses to
net-zero. "Greater collaboration between business and government on
achieving our net-zero ambitions can help accelerate this process
for the benefit of our economies and societies," it said.
Johnson Controls has already set ambitious emissions reductions
targets, which were recently approved by the Science Based Targets
Initiative – an independent organization that assesses corporate
sustainability claims. As part of its environmental sustainability
commitments, Johnson Controls aims to cut operational emissions by
55 percent and reduce customers' emissions by 16 percent before
2030. Its OpenBlue platform for optimizing building
sustainability will be central to fulfilling these goals and
ultimately creating an environment for healthy people, healthy
places and a healthy planet.
The company has also joined the Business Ambition for 1.5°C
campaign and is a signatory to The Climate Pledge, an
initiative of business leaders co-founded by Amazon and Global
Optimism. Signatories to the pledge commit to reaching net zero
carbon emissions by 2040 – ten years ahead of the Paris Climate
Agreement goal.
Johnson Controls is continuing to exercise its leadership in
climate action through the Business Roundtable, with George Oliver joining the organization as chair
of the Energy & Environment Committee in January. Business
Roundtable is an association of chief executive officers of
America's leading companies. Its Energy & Environment Committee
is dedicated to advancing policies that encourage innovation and
support an environmentally and economically sustainable future.
As a leader in the buildings space for more than 135 years,
Johnson Controls has been a pioneer in sustainability. It is ranked
in the top 12 percent of climate leadership companies globally by
CDP and was recently named again to the World's Most Ethical
Companies® Honoree List and one of Corporate Knights' Global 100
most Sustainable Companies.
Click here for full details on the Alliance of CEO Climate
Leaders open letter to the G7. To read more about Johnson Controls
commitment to sustainability, please visit:
https://www.johnsoncontrols.com/corporate-sustainability/environment
About Johnson Controls:
At Johnson Controls (NYSE:JCI)
we transform the environments where people live, work, learn and
play. As the global leader in smart, healthy and sustainable
buildings, our mission is to reimagine the performance of buildings
to serve people, places and the planet.
With a history of more than 135 years of innovation, Johnson
Controls delivers the blueprint of the future for industries such
as healthcare, schools, data centers, airports, stadiums,
manufacturing and beyond through its comprehensive digital offering
OpenBlue. With a global team of 100,000 experts in more than 150
countries, Johnson Controls offers the world`s
largest portfolio of building technology, software as well
as service solutions with some of the most
trusted names in the industry. For more information,
visit www.johnsoncontrols.com or follow us
@johnsoncontrols on Twitter.
INVESTOR
CONTACTS:
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MEDIA
CONTACTS:
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Antonella
Franzen
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Chaz
Bickers
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Direct:
609.720.4665
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Direct:
224.307.0655
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Email: antonella.franzen@jci.com
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Email: charles.norman.bickers@jci.com
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Ryan
Edelman
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Michael
Isaac
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Direct:
609.720.4545
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Direct: +41 52
6330374
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Email: ryan.edelman@jci.com
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Email: michael.isaac@jci.com
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SOURCE Johnson Controls International plc