As of 2024, Honeywell International has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Honeywell International ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2037 |
Absolute-based Target | Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2037 |
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As of 2024, Honeywell International has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2024, Honeywell International has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Honeywell International's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 1,970,601 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.
As of 2023, Honeywell International is ahead of schedule on its operational emissions reduction target, having achieved 91.9% of the planned reduction.
As of 2024, Honeywell International has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.
Honeywell International's most ambitious value chain target is to reduce these emissions by 23% by 2037, compared to a baseline of 17,038,948 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2023, Honeywell International is lagging behind on its value chain emissions reduction target, having achieved 0.09% of the planned reduction.