Press release
Quarterly Honeywell Environmental Index Shows Sustainability Now Dramatically Outranks All Other Top Priorities for Business Leaders with More Stringent ESG Pressure on the Horizon
75% of organizations are prioritizing sustainability initiatives, up 10% over past six monthsAcross industries and regions, energy evolution and efficiency
About this update from Honeywell International Inc.
[{"type":"text","content":"75% of organizations are prioritizing sustainability initiatives, up 10% over past six monthsAcross industries and regions, energy evolution and efficiency remains the top sustainability priority for the coming six months among the surveyed populationTechnology-driven approaches are on the rise as organizations continue increasing investments in environmental and sustainability solutionsCHARLOTTE, N.C., April 18, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON), a global leader in energy and climate transition solutions, today released its 2Q 2023 Environmental Sustainability Index (ESI), a quarterly indicator of key trends, sentiment, and progress on global climate change mitigation and other sustainability initiatives and produced in partnership with The Futurum Group. The ESI surveyed more than 750 business leaders directly involved in their organization's environmental sustainability initiatives, at a time when ESG-related regulations and global calls to action are mounting. \n\n \n \n \n \n \n \n\n \nThe third edition of the ESI revealed that sustainability continues to lead all other corporate initiatives, including digital transformation and market performance, and now by a 19-point gap. Across all geographies, Energy Evolution and Efficiency is the top sustainability priorities over the coming six months, followed by Emissions Reduction, Pollution Prevention, and Circularity/Recycling initiatives. This trend is aligned with the previous two quarters, but Circularity/Recycling is showing more growth than any other category, indicating that organizations may take a deeper look at their supply chains and flow of materials to elevate how products, services, or resources are renewed or regenerated, rather than wasted in the second half of 2023.\n\"Our data shows that companies aren't wavering in their commitment to sustainability,\" said Vimal Kapur, President and Chief Operating Officer of Honeywell. \"Not only are leaders keeping it at the top of the priority list despite other looming challenges, but they are also increasingly taking actions.\n\"This upward trendline in optimism goes hand-in-hand with technology adoption -- more organizations are turning to newer, more efficient, more sustainable technologies to help achieve their goals. Honeywell's solutions are ready now to support ESG efforts and help organizations around t...