Sustainable Opportunity Policy
Our Sustainable Opportunity Policy is based on the principle that by integrating health, safety and environmental considerations into all aspects of our business, Honeywell protects its people, communities and the environment; achieves sustainable growth and accelerated productivity; drives compliance with all applicable regulations; and develops technologies that expand the sustainable capacity of our world.
This policy is deliberately and directly embedded into our company-wide operating system, a blueprint for continuous operational improvement. Endorsed annually by our CEO and senior leadership, the policy is posted in every facility and communicated to all employees and contractors.
Environmental and Safety Commitments
Our commitment to be more efficient and responsible is reflected in the extensive work we do to make our businesses more environmentally friendly, safer and more sustainable.
Reducing Global Greenhouse Gases
Honeywell is committed to become carbon neutral in its operations and facilities by 2035. These initiatives represent a continuation of the company’s sustainability efforts since 2004, which have already driven a more than 90% reduction in the greenhouse gas intensity of its operations and facilities.
Boosting Energy Efficiency
Since 2010, our facilities have implemented 6,100 efficiency projects including building automation and controls, lighting and mechanical upgrades, saving more than $100M (annualized). We have increased our energy efficiency by about 70 percent (2004-2021).
We strategically target water conservation projects in areas experiencing “water stress,” as defined by the World Resources Institute. Since 2013, we’ve implemented more than 180 water conservation projects in these areas, saving over 160 million gallons.
Each of our strategic business units is required to establish annual targets for reducing hazardous waste and diverting waste from landfills. These targets must be approved by our CEO.
Providing a Safe Work Environment
We maintain our company-wide global Total Case Incident Rate or TCIR (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. At the end of 2020, our global TCIR was 0.29.
Creating Eco-Efficient Products
Our priority is health, safety and environmental protection, both in how we do our work and in our results. As we invent new tools and solutions, we take deliberate, strategic steps to improve each innovation’s eco-efficiency. We evaluate new products according to their ability to:
- Reduce the use of natural resources during manufacture and distribution
- Increase the energy efficiency of the product itself, or because of its use
- Reduce waste production
- Create opportunities to reuse and recycle
- Offer opportunities to use recycled or renewable materials
- Reduce and eliminate classified toxic or hazardous materials
- Be packaged efficiently
With our roots partly in the chemical industry, we 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 using world-class science, design and engineering to protect human health and the environment.
Please see our ESG Report for how we’re transforming properties into sustainable assets for their surrounding communities.
The Performance Materials and Technologies (PMT) business is a participant in the Responsible Care program of the American Chemistry Council. It is a global, voluntary initiative developed by the chemical industry to drive continuous improvement in health, safety and environmental performance, together with open and transparent communications with stakeholders. Our PMT Headquarters have been certified RC-14001 by an external ISO registrar since 2005.
Health, Safety, Environment, Product Stewardship and Sustainability Management System
Our Health, Safety, Environmental, Product Stewardship and Sustainability Management practices are managed by a global team of trained professionals with extensive knowledge and hundreds of years of collective experience.
We use third-party-certified standards, including ISO 14001 and ISO 45001, and industry best practices, which is fully integrated into our operating system. Compliance is monitored through an audit process. The timely development and implementation of process improvement and corrective action plans are closely monitored.
Core Standards of Health, Safety, Environment, Product Stewardship & Sustainability
Policy and Leadership Commitment
Management of Change
Communication and Participation
Operational Planning and Control
Behavior and Culture
Incident, Nonconformity and Corrective Action
Organizational Roles, Responsibilities, Accountabilities and Authorities
Aspects and Impacts
Health, Safety, Environmental, Product Stewardship and Sustainability Objectives
Competence, Training and Awareness
Document and Record Management
Emergency Preparedness and Response
Monitoring, Measurement, Analysis and Evaluation
HSEPS Management System Operational Controls
As part of our management system, we have established clear operational standards and requirements to control and address risk, environmental aspects and compliance obligations that are common to our global operations.