SecurityWorldMarket

23/05/2022

Johnson Controls maintains elite listing for corporate citizenship

Cork, Ireland

Johnson Controls has been named a 100 Best Corporate Citizen in the 2022 rankings. With this important recognition, Johnson Controls becomes one of only 19 companies that have made the list every year since 2009. The 100 Best Corporate Citizens list recognises outstanding environmental, social and governance (ESG) transparency and performance among the 1000 largest, publicly-traded U.S. companies.

"Being among the top 100 corporate citizens for the 17th year in a row is an honour and testament to our long-standing commitment to driving sustainability progress, demonstrating that cutting carbon saves money and boosts the bottom line as well," said George Oliver, chairman and CEO, Johnson Controls. "With climate change at a tipping point, it is now more crucial than ever that companies play their part in cutting emissions and building a resilient and growing economy, and a healthy, sustainable and equitable society for all."

This year, Johnson Controls improved its overall ranking – moving up from #33 to #21 – and ranked second in the Capital Goods sector.

The ranking is based on 146 ESG transparency and performance factors across eight pillars: Climate Change; Employee Relations; Environment; ESG Performance; Finance; Governance; Human Rights; Stakeholders and Society. 3BL Media, which owns the 100 Best Corporate Citizens ranking, develops the ranking in partnership with Institutional Shareholder Services (ISS) ESG, the responsible investment research arm of Institutional Shareholder Services. Data and information used in the ranking must be publicly available through corporate sources and reputable third-parties.

Johnson Controls is particularly recognised for progress against climate change. Among the earliest industrial companies to report carbon emissions and pledge emission reductions, the company continues to make tremendous progress – reducing its carbon and energy intensity by more than 70 percent since 2002.

The company has also been recognised as an industry leader in the management of ESG material risks. In December, Sustainalytics, a global leader in the fields of responsible investing and sustainable finance, ranked Johnson Controls third out of 132 companies in the Building Products industry for its strong management of material ESG issues. Demonstrating its leadership in sustainable finance, the company recently became the first S&P 500 industrial company to release an Integrated Sustainable Finance Framework as well as issue a Sustainability-Linked Bond.

Also earlier this year, for the eighth time, Johnson Controls was named among the world's 100 most sustainable corporations in the 2022 Global 100 ranking by Corporate Knights – number one in its industry group for Building Products and was recently named again to the World's Most Ethical Companies Honoree List.


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