Johnson Controls’ action on climate change highlighted by Carbon Disclosure Project
MILWAUKEE, Sept. 24, 2014 – Johnson Controls, a global multi-industrial company, is being recognized as a leader among S&P 500 companies by environmental non-profit Carbon Disclosure Project (CDP) for its actions to reduce carbon emissions and lessen the business risks of climate change. CDP, the world’s only global environmental disclosure system, is announcing the achievement in the CDP S&P 500 Climate Change Report 2014, which presents new analysis linking S&P 500 industry leaders with financial outperformance.
Johnson Controls provided information at the request of 767 investors, representing more than $92 trillion in assets, through CDP’s climate change program. The program facilitates corporate management and reporting of greenhouse gas emissions and climate-related risks and opportunities.
This annual index spotlights companies listed on the Standard & Poor’s 500 Index (S&P 500) that have demonstrated a commitment to managing climate change by integrating it into their business strategy and taking actionable steps to reduce climate-related risk.
“Global greenhouse gas emissions continue to rise, and we face steep financial risk if we do not mitigate them. The business case for action to reduce climate change has never been stronger or more urgent,” said Paul Simpson, chief executive officer, CDP.
Company disclosures to CDP are assessed against CDP’s respected scoring methodology. The CPLI showcases companies that receive the highest band of “A” for their climate performance assessment. This score evaluates how companies are measuring, verifying and managing their carbon footprints. Sixty-three S&P 500 companies are featured in the 2014 S&P 500 CPLI.
CDP performance scores provide a tool for institutional investors and stakeholders to assess and track corporate efforts to mitigate climate change. Scores are communicated to investors and other decision makers through various channels, including Bloomberg terminals, to help them evaluate corporate preparedness for changing market demands and emissions regulation.
The CDP S&P 500 Climate Change Report 2014, and a full list of companies featured in the S&P 500 CPLI, can be found at www.cdp.net.
About Johnson Controls:
Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 170,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2014, Corporate Responsibility Magazine recognized Johnson Controls as the #12 company in its annual “100 Best Corporate Citizens” list. For additional information, please visit http://www.johnsoncontrols.com or follow @johnsoncontrols on Twitter.
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