Johnson Controls

Electronic Equipment
JCI
$ 49 0.38
Share price
$ 34 bn
Market Cap
$ 43 bn
Enterprise Value

Carbon footprint

18 Ton
GHG emissions per $ 1 mln investment
0.61x the weighted average for S&P 500
FY2020
How is this calculated?
-14%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-2%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Johnson Controls aims to reduce Scope 1 + 2 by 35% by 2025 from a base year 2017


This target has not been verified as science based according to SBTi
Johnson Controls's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-5%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

Johnson Controls aims to achieve net zero for all Scopes by 2040


This target has not been verified as science based according to SBTi
Johnson Controls's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Johnson Controls's GHG emissions (market-based) (Kt of CO2e)
Johnson Controls's Carbon intensity (Tons per 1 USDm)

Johnson Controls's carbon footprint

Johnson Controls reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2020 at 779 Kt (-127 /-14% y-o-y). Also positively, carbon intensity was down at 35 t (-2.9 /-7.7% y-o-y).

Johnson Controls's Scope 3 emissions was down at 121,906 Kt (-15,592 /-11.3% y-o-y). The decline accelerated compared to the CAGR of -4.7% since 3Q'18.

The company is committed to reducing Scope 1 + 2 by 35% by 2025 from a base year 2017, which translates into the estimated reduction of -16 Kt per annum over the period of FY2021 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2040, which translates into the estimated reduction of -6,134 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Johnson Controls also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Johnson Controls International plc commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2030 from a 2017 base year.* Johnson Controls International plc also commits to reduce absolute scope 3 GHG emissions from the use of sold products 16% by 2030 from a 2017 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks

Company environmental metrics

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