exo-is/governance-reporting-on-listed-companies huggingface dataset:
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efficient, quieter, safer and with fewer emissions than aircrafts
relying only on conventional engines and fossil fuels.”
MEET ESG FUTURESHAPER: TAYLOR ALBERSTADT MEET ESG FUTURESHAPER: JOSE ANAYA LOPEZ
Honeywell’s unique background in aircraft electrification,
propulsion and power systems has made the company an
attractive partner for established aerospace companies and
startups developing electric aircraft, including the AAM air
taxies that will enter service by the middle of the decade.
For example, Honeywell is working with DENSO, a leading
global supplier of automotive mobility systems, to develop a
small but powerful electric motor for the Lilium Jet, the world’s
first electric vertical takeoff and landing (eVTOL) jet
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HONEYWELL UPCYCLE PROCESS feedstock that can be used to create new plastics. The planned
TECHNOLOGY ENABLES PLASTICS advanced recycling plant is expected to have the capacity to
CIRCULARITY transform 30,000 metric tons of mixed waste plastics into
Honeywell Recycled Polymer Feedstock per year.
Circularity
No one wants their plastic waste to end up in a landfill or the Recently, Honeywell signed an agreement with Biotrend
ocean, but conventional plastic recycling programs aren’t the Energy, which will use UpCycle Process Technology in a new
answer either. Just 15% of the plastic waste generated today commercialized advanced processing facility in Turkey. The
ends up being recycled1 and the plastic pollution problem will plan
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ENVIRONMENTAL
Honeywell | Environmental | 25HONEYWELL COMMITMENT
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Index reemphasizes our commitment to and leadership in
HONEYWELL
sustainability from every angle,” said Vimal Kapur, Honeywell
“Honeywell is leading the way in sustainability
Chief Executive Officer. “The quarterly report can be leveraged
ENVIRONMENTAL through our own journey to carbon neutral,
to compare a business’ own progress and future plan against
the sustainability technologies we provide to
what’s reported in their specific vertical and geographic
SUSTAINABILITY
our customers, and in thought leadership like
region.”
the Environmental Sustainability Index (ESI).”
INDEX EXPANDS
The ESI is
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HEALTH, SAFETY AND
THE ENVIRONMENT
Honeywell is committed to protecting our people and the environment.
Our health, safety and environment (HSE) programs are managed by
a global team of trained professionals with extensive knowledge and
collective experience in occupational health, chemistry, hydrology,
geology, engineering, safety, industrial hygiene, materials management
and energy efficiency.
By integrating HSE considerations into all aspects of our business, we:
Protect our people and the environment
Achieve sustainable growth and accelerated productivity
Drive compliance with all applicable regulations
Develop technologies that expand the sustainable capacity of our world
Honeywell | Environmental | 27HONEYWELL COMMITM
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HSE GOVERNANCE legal requirements. It sets clear, constructive objectives for
improvement and maintains the programs designed to achieve
100%
The Health, Safety, Environment, Product Stewardship and those objectives. In addition, we have developed detailed
Sustainability (HSEPS) organization, led by our Vice President operational controls aligned to common risks and applicable
of HSEPS, focuses on workplace safety and health, requirements in approximately 90 specific subject areas that OF HONEYWELL LOCATIONS ARE SUBJECT
environmental performance, regulatory compliance and risk, prescribe required management elements. All Honeywell TO GOVERNANCE VIA OUR COMPREHENSIVE
including risk related to climate change. facilities are r
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serves as a blueprint for continuous operational improvement safety, process safety management, construction safety governance process. The phases include ongoing self-
throughout our HSEPS Management System. Endorsed by our and remediation. assessment, annual verification and internal audit.
CEO and senior leadership, the policy is posted in every facility
and communicated to all employees and contractors annually.
Health, safety and environmental considerations are embedded
into every business within Honeywell via our comprehensive
management system based on recognized third-party
standards. These include ISO 14001 (the international
standard that specifies requirements for an effective
environmental management system) and ISO 45001 (which
specifies requirements for an occupational health and safety
management system), as well as industry best practices.
HSE-rel
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A team of independent HSEPS internal and external subject The results of the ERM program, the HSEPS-led assessments,
Manufacturing Site Certifications
matter experts conduct the audits and focus on verification of emergency planning and our processes for monitoring
requirements and continuous improvement. When the emerging regulatory changes are evaluated to determine
requirements are not met, nonconformities are identified and whether any of the identified risks have the potential to
corrective action plans are developed, implemented and generate a substantive change in our business operations,
monitored through our centralized management system tool. revenue or expenditures. Our operating system, which drives
93% 38%
sust
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VOLUNTARY PROTECTION PROGRAM RESPONSIBLE CARE® PROGRAM
The U.S. Occupational Safety and Health Administration (OSHA) Honeywell’s Performance Materials and Technologies business
Voluntary Protection Program (VPP) promotes effective site- participates in the Responsible Care program of the American
based safety and health protocols and sets performance-based Chemistry Council (ACC). Responsible Care is a global, voluntary
criteria for health and safety management systems. VPP initiative developed by the chemicals industry to drive
recognizes exemplary achievement in the prevention and continuous improvement in health, safety and environmental
control of occupational safety and health hazards as well as the performance. Respon
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ENVIRONMENTAL JUSTICE
Honeywell’s Health, Safety and Environment program includes Protecting the environment and meaningfully engaging the communities, including those that could be categorized as
identifying and addressing the environmental and social impact surrounding community have been long-standing hallmarks of environmental justice communities based on current federal
of our operations on the surrounding communities and ensuring our commitments. We have established procedures to and state regulatory screening tools. More details about how
compliance with regulatory standards. Our program calls for implement these commitments in a multi-step, integrated these actions consider fence-line and environmental justice
safe
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GOING THE DISTANCE
WITH HEALTH AND SAFETY
The safety of our employees, contractors and
partners is a top priority. We use our lean-based
operating system approach to drive
improvements in our safety record.
To establish a uniform standard for evaluation, Honeywell
standardizes the internal reporting of occupational injuries
and illnesses pursuant to U.S. OSHA requirements. Facilities
outside the U.S. are also required to follow any additional
external reporting requirements in their jurisdictions. Based
on this data, our global Total Case Incident Rate (TCIR),
the number of occupational injuries and illnesses per 100
employees, was 0.20 at the end of 2022. Utilizing U.S. Bureau
of Labor Statistics, Honeywell’s safety record
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PROTECTING THE WORKFORCE TRAINING, COMPETENCY AND AWARENESS
Our operating locations rely on comprehensive processes Through careful risk assessment, we determine the necessary
for assessments of hazards that could pose a risk to workers, knowledge for our employees to perform their jobs safely, and
including employees, contractors and visitors. Based on these subsequently create and implement training programs to ensure
assessments, risk mitigation controls are identified, appropriate levels of competency.
implemented and monitored to help ensure effective worker
protections remain in place. Types of assessments include Honeywell assesses the necessary competency levels for HSE-
pre-use chemical reviews, ergonomic assessmen
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EMERGENCY PREPAREDNESS
Emergency Management Plans are required everywhere we operate. As part of the plan • Annual engagement with external emergency response providers and local emergency
development process, emergency scenarios are evaluated to anticipate, prevent and minimize planning committees to discuss coordination, participation and feedback on potential
risks from potential emergencies. emergency response activities
• A process for responding to raw material, product, process and waste material transportation
Key community-related elements include:
incidents that could occur away from operating locations
• Communicating with employees, contractors, visitors, relevant emergency response services, • Forums for open d
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THE ENVIRONMENT:
PROTECTING FUTURE
GENERATIONS, NOW
Our commitment to being environmentally
responsible is reflected in the extensive work we
do to reduce greenhouse gas (GHG) emissions,
increase energy efficiency, conserve water,
minimize waste, manage air emissions and drive
efficiency throughout our operations. Our
operating system – which drives sustainable
improvements and the elimination of waste
in our manufacturing operations – is a
critical component in how we approach
environmental stewardship within Honeywell.
Honeywell | Environmental | 35HONEYWELL COMMITMENT
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In 2010, we established the Corporate Energy & Sustainability • Reduce U.S. Scope 1 and S
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Board’s Corporate Governance and Responsibility Committee.
following goals:
• Achieve five-year “10-10-10” target by 2024:
1 Scope 1 and Scope 2
· Reduce global Scope 1 and Scope 2 GHG emissions
intensity by an additional 10% from 2018 levels
· Deploy at least 10 renewable energy opportunities
· Achieve certification to ISO’s 50001 Energy Management
Standard at 10 facilities
Honeywell | Environmental | 36HONEYWELL COMMITMENT
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MEET ESG
FUTURESHAPERS
MEET ESG FUTURESHAPER: AMANDA COPPERTHITE MEET ESG FUTURESHAPER: CHRIS JONES
Amanda is creating sustainable technologies for fuels and chemicals. Think about French fries. Chris is humanizing the digital disruption. Chris started his career at Honeywell 26 yea
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CARBON NEUTRALITY The road to carbon neutrality begins with data mining from a science-based target, including Scope 3 emissions in 2022.
our multinational operations to provide a holistic approach to This target, which has since been validated by SBTi, requires
Our senior leadership, including the CEO and Board of Directors, developing more effective and efficient solutions. Honeywell continued innovation of products and services to help reduce
is engaged in decision-making regarding the company’s climate is in a unique position to reduce the impact of climate change customer emissions.
efforts, and regularly provides oversight on climate risks. The through the development and sale of products and services that
company sup
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REDUCING GREENHOUSE GAS EMISSIONS
Honeywell reports on its global GHG emissions pursuant to The Greenhouse Gas Protocol and publicly reports through the Carbon
Disclosure Project (CDP), a U.K.-based organization that supports companies’ and cities’ environmental disclosures, as well as
various regulatory agencies.
We have received third-party limited assurance per ISO 14064-3 of our Scope 1 and Scope 2 GHG emissions annually since 2011.
Greenhouse Gas Data
2018 2019 2020 2021 2022
Scope 1, MT CO e 1,479,149 1,384,849 1,387,727 1,324,742 1,059,105
2
Scope 2, MT CO e 1,048,843 951,982 860,579 693,288 697,090
2
Total 2,527,992 2,336,831 2,248,306 2,018,031 1,756,196
GHG Intensity,
60.5 63.4 68.9 58.7 49.5
MT CO e/$M Revenue
2
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IMPROVING ENERGY EFFICIENCY Energy Performance
2018 2019 2020 2021 2022
We exceeded our public goal to improve energy efficiency by
Energy, BBTU 18,808 17,208 15,348 15,247 15,603
more than 20% between 2004 and 2011 and have continued
Energy Efficiency, BBTU/$M 0.450 0.469 0.470 0.443 0.440
to drive improvements throughout the organization. Energy
The assurance process we use for our greenhouse gas inventory includes, by default, our energy footprint. The energy data compiled here represents our global footprint for all our sites.
efficiency is more important than ever in the pursuit of carbon
Estimates are used for some of our smaller sites but are typically in the range of 5% of our overall inventory.
neutrality. To suppo
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• Compressed air and gas systems: As with the global initiative resulted in annual greenhouse gas reductions of CHINA GREEN FACTORY INITIATIVE
lighting program, Honeywell is utilizing a programmatic approximately 403 metric tons and annual energy savings
approach to continue upgrading our compressed air and of approximately $133,000. Honeywell is taking advantage of government-led programs,
gas systems, as well as adding variable frequency drives such as our implementation of China’s Green Factories
• Chihuahua, Mexico: As part of a building automation system
to fans and pumps to improve efficiency in facility and Standard at applicable facilities to help drive efficiency and GHG
upgrade, the site installed a Honeywell LCBS
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FLEET ELECTRIFICATION AND OPTIMIZATION WASTEWATER AND EFFLUENT MANAGEMENT
AND WATER STEWARDSHIP
As part of our carbon neutrality strategy, Corporate
Procurement has been working directly with business leaders Honeywell manages water in accordance with all regulatory
and key external fleet management companies to develop a requirements while also taking steps to protect and conserve a
plan for fleet electrification. vital natural resource.
During the annual replacement cycle, Honeywell’s Procurement Our locations and functions are required to manage their water
team intentionally selects new units that have lower total cost use and wastewater and effluent generation in accordance with
of ownership when considering fuel effic
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license, impact analysis document or other legal requirement
is applicable, Honeywell implements operation controls.
These include documenting specific actions to ensure
compliance with legal, permit and Honeywell requirements.
• Developing comprehensive location-specific operational
controls, including physical and administrative controls, to
manage our wastewater and effluents in compliance with
legal and other requirements, and to minimize environmental
impact, including unwanted releases. Our operational
controls include quality assurance and control plans to
identify potential issues before they happen or to enable
rapid response.
• Restrictions on some methods of discharge to limit potential
environmental impacts.
ass
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are subject to three levels of governance: a location level self- Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct.
Honeywell | Environmental | 43HONEYWELL COMMITMENT
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Examples of recent projects: MINIMIZING WASTE
• Tempe, Ariz.: Site installed two new controllers for cooling
tower makeup feed/bleed and treatment control. This project
has resulted in annual water savings of approximately 3
million gallons and annual operating savings of $18,000.
• Glendale, Ariz.: As part of the water treatment program,
the site installed acid feed equipment for the cooling tower
to increase cycles of concentration, which helps reduce the
blowdown required for cooling tower operations. This has
resulted in annual water sav
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• Annual duty of care assessments of all receiving facilities and
transporters of Honeywell’s waste, including compliance with
local regulations and permitting requirements and ability to
handle our waste streams, prior to any waste movement
• On-site management of waste streams to prevent releases
and impact on the environment, including container
management and spill prevention
• Annual training for all employees and contractors who
perform waste-related activities
• Annual, or more frequent, audits of waste movements to
confirm compliance and identify opportunities for waste
reduction and diversion
A verification program and independent internal audits measure
compliance with our requirements and identify opportunities f
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MANAGING AIR EMISSIONS
We manage air emissions in accordance with all regulatory • Developing operational controls, both physical and • Completing regular training on our operational controls to
requirements while also seeking to minimize our environmental administrative, to comply with all regulatory or permit maintain efficiency and compliance
impact. All our locations are required to meet the requirements requirements and minimize the impact of our operations on
of our HSEPS Management System, which include: both the environment and our neighbors
A verification program and independent internal audit measures
• Conducting emissions monitoring as required by local compliance with our requirements and identifies opportuniti
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REVITALIZATION FOR
A BETTER FUTURE:
ENVIRONMENTAL
REMEDIATION
Honeywell, a global, diverse technology company, has legacy
manufacturing operations dating back to the 19th century. Like other
companies with long, successful histories, many of our former operations
were closed or sold years ago and are now considered brownfields. In
addition, many of the sites had multiple owners over the years, and most
no longer exist. These historic operations mostly predate the Clean Water
Act, the Clean Air Act, Superfund regulations, the Resource Conservation
and Recovery Act, and/or the U.S. Environmental Protection Agency and
are not a reflection of Honeywell’s current operations and processes.
Honeywell’s “reuse first” practice views
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Honeywell’s Remediation and Redevelopment Group (RRG) • Jersey City, N.J.: After cleanup, this former 95-acre waste commitment underlies the principle that good business,
manages every project and is led by the Global Remediation site in Jersey City was purchased by the City of Jersey City economic growth and social responsibility work together.
Vice President, a former Assistant Commissioner of New for Bayfront, a live-work-play development with waterfront
Jersey’s Department of Environmental Protection. access and 20-plus acres of open space.
• Buffalo River, N.Y.: Honeywell served as the private sector
The regulatory framework for environmental remediation in
lead to restore the “functionally dead” Buffalo River through
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ENVIRONMENTAL REMEDIATION PROMOTING SOLAR
million kilowatt hours per year. The project received resounding support from both the federal
and Ohio Environmental protection agencies and local stakeholders, serving as an example of
Our Remediation and Redevelopment Group (RRG) incorporates options to maximize net
green remediation.
environmental benefits of cleanup actions, referred to as “green remediation” by the U.S.
Environmental Protection Agency. RRG has completed several projects that included solar arrays • Syracuse, N.Y.: A 190-kilowatt (kWdc) rooftop solar array will supply approximately 20% of the
to minimize the impact to the electrical grid, minimize greenhouse gas emissions and support electricity consumed by the
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Jessica Telano, who is both Remediation, Design and “I am always looking for opportunities to implement renewable
HONEYWELL’S
Construction Manager for Honeywell and our Sustainability energy projects across our sites,” Telano said.
Practice Lead within the corporation’s Remediation Group,
JESSICA TELANO
has fully embraced those goals. Telano successfully implemented nearly two megawatts (MW)
combined capacity of solar on our legacy environmental sites
DEFINES ‘GREEN
to offset electricity consumed by our groundwater treatment
systems.
REMEDIATION’
“This planet is finite and it’s important we
act in a way that preserves our world for
On an annual basis, this is enough electricity to power between
future generations,” Jessica
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of all the electricity consumed by all of our environmental where feasible, using biodiesel or other more sustainable fuels project with a greater economic potential that brings jobs to the
Operation and Maintenance obligations in Syracuse are during construction.” area.”
supported by renewables.
While cost is a major consideration, other factors affect “Ultimately you want to create a new space that harmonizes
“We definitely are seeing a paradigm shift toward the beneficial remediation projects, Telano said. “A major hurdle is striking a with the surrounding community,” she said. “The goal is to help
reuse of dredged and excavated materials,” she said. “Other balance among the visions of multiple stakeholders. Sometimes pr
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PRODUCT
STEWARDSHIP
For Honeywell, making products safer for people and the planet is
systematically considered at the design stage of all products. As
Honeywell businesses invent new tools and solutions, we take deliberate,
strategic steps to improve each innovation’s eco-efficiency.
Specifically, we evaluate new products by gauging their potential to:
Reduce the use of natural resources during manufacturing and distribution
Increase the energy efficiency of the product itself or because of its use
Reduce production waste
Identify opportunities for product reuse and recycling
Utilize recycled or renewable materials
Reduce and eliminate classified toxic or hazardous materials
Be packaged more efficiently
Honeywell | Environ
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PRODUCT COMPLIANCE Regulatory monitoring, combined with expertise and internal
procedures, helps ensure comprehensive programs are in
We are committed to ensuring that our products are place throughout Honeywell to manage and meet regulatory
manufactured to comply with environmental regulations in the requirements such as:
markets we serve.
• REACH (Registration, Evaluation, Authorization and
Our Global Product Stewardship team is responsible for the Restriction of Chemicals)
management of environmental compliance activities.
• RoHS (Restriction of Hazardous Substances)
• TSCA (Toxic Substances Control Act)
• GHS (Globally Harmonized System of Classification and
Labelling of Chemicals)
• WEEE (Waste Electrical and Electroni
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SOCIAL
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OUR
FUTURESHAPERS
From solving global challenges to supporting
our local communities, every Honeywell
Futureshaper on the team helps make it happen. MAKE AN IMPACT
We are connected by our common purpose: To transform the
way the world works with innovative technologies and to help
create a more sustainable future.
Futureshapers are thinkers, dreamers, doers and
innovators. Together we commit to ensuring a respectful
and inclusive culture that enables career growth, continuous
learning and development, and support for well-being.
MAKE REAL CONNECTIONS
Our talent strategy is underpinned by these values and
comm
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ATTRACTING
THE BEST TALENT
Attracting and recruiting top talent is foundational to our success. “Building Exceptional
Talent” is one of Honeywell’s Six Behaviors and emphasizes the importance of developing
all Futureshapers, while continuing to attract top talent to the organization.
In 2022, improving speed and reducing time to fill critical talent roles remained a focus for talent hiring.
Strategic decisions to refine our support model to meet demand resulted in further insourcing and expansion
of recruitment teams. That included more than tripling the in-house team to optimize search capabilities for
key levels and positions. Assessments were further implemented for internal and external applicants, aiding
in identifying
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In addition, we introduced new Functional Learning Academies Feedback and development opportunities identified in the
DEVELOPING
designed to offer role-specific knowledge, guides, development, Performance and Development process are factored in when
tools and resources. Functional Learning Academies are for all employees, in partnership with their managers, create Individual
SKILLS
Futureshapers in, or aspiring to, a function-specific role. Development Plans (IDP). They identify their career goals and
aspirations, and then create tangible action plans to address
AND GROWING
development areas and prepare for their next career moves.
These action plans encourage alignment to the Experiential
CAREERS “The Academy trainings are
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From executive to manager, our programs continue to evolve • Critical Talent Programs: Targeted leadership development
MEET ESG FUTURESHAPER: DERAIN PILLAY with market and business priorities. Participants gain essential providing skills, business acumen and transformational
knowledge and skills related to making an impact through approaches for future roles as Chief Commercial Officer,
driving business results and helping them be their best as Chief Technology Officer and General Manager.
people-leading Futureshapers. Our broad portfolio of leadership
• Manager Meet Up: Bi-monthly sessions with mid-to-senior
development programs in 2022 included:
level people leaders. Discussions include business strategy
and critical prio
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ENGAGING OUR
FUTURESHAPERS
VOICE OF THE EMPLOYEE
Listening, learning and taking action is a key component
of our engagement approach. The Voice of the Employee
(VOE) feedback survey is conducted annually with all global
Futureshapers. It provides data and tools to leaders at all levels
to best drive actionable plans around employee engagement and
build Honeywell’s desired culture that attracts and retains top
talent, improves performance and distinguishes the company as
a great place to work.
In our most recent survey, we had a 85% response rate across
the company globally with over 90,000 written comments.
Insights gained showed Futureshapers are excited about the
future of Honeywell, how their role contributes to the comp
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For employees in the United States, this year’s survey also To support the diversity of our workforce across the globe,
WELL-BEING
included five optional questions for voluntary self-identification Honeywell offers a number of country-specific benefit
of diversity demographic information. The data collected enhancements that covers flexible benefits, infertility services,
The health, safety and well-being of our Futureshapers is
from the diversity demographic questions will help inclusion tutoring and support for raising children, surgery support
priority number one. As part of our Futureshaper “Make the
and diversity initiatives by further understanding how diverse and health and wellness incentive-based challenges and
Bes
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INCLUSION AND DIVERSITY:
A FOUNDATIONAL PRINCIPLE
I&D PRIORITY AREAS
Inclusion and Diversity (I&D) is a foundational principle at Honeywell, both because it’s the right thing to
do and because it’s a fundamental enabler for our business. From recruitment to employee experience and
partnerships, the company fully embraces diversity and inclusion – encouraging respect to flourish and
innovation to thrive.
With our global programs and inclusive culture, we recruit, develop, retain and promote diverse talent.
We continue to build partnerships with diverse organizations and develop resources to support diverse
employees. All Futureshapers are held accountable to actively support I&D in words and actions.
The company’s Chief Incl
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SANDRA BARBOSA
Q. What made you interested in pursuing a career in
CHIEF INCLUSION
inclusion and diversity?
& DIVERSITY
No one in my family had gone to college, but my father used
to tell us about the lawyers and other professionals he would
OFFICER AT
speak with while a salesman in Brazil. He would ask them about
their careers, and sharing those stories with us opened a whole
HONEYWELL
new world of what I could accomplish if given the opportunity. I
believe that’s true for everyone with a dream.
Having begun my career at Honeywell as a student and a
Sandra is Honeywell’s Chief Inclusion & Diversity Officer. She business analyst before transitioning to Human Resources, I
has more than 18 years of experience with Honeywell,
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Q. Honeywell I&D has created numerous employee development opportunities for their members and they support Q. What are your other long-term goals?
networks. Can you provide an update? us in key elements of our talent development process. Our next
frontier is how do we become business resource groups. My ultimate goal is to help shape a work environment in which
We have nine global employee networks and more than 12,000 Honeywell employees of all backgrounds and cultures leverage
employees who are members of at least one network. Q. Are you developing any additional partnerships outside their differences to make Honeywell even more effective.
the corporation?
Open to all employees, these networks foster collaboration To do
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I&D
IN ACTION
TALENT ACQUISITION
National Partner of the Year for the 48th National Society of Black Engineers (NSBE)
Annual Convention
At the 48th National Society of Black Engineers Annual Convention, in March 2022, Honeywell was
recognized during the Golden Torch Awards as the National Partner of the Year. Honeywell received
this award for its investment and involvement at all levels of NSBE (K-12, Collegiate, and Professional),
including the NSBE/Honeywell Integrated Pipeline Program (NHIPP) and supporting the Summer
Engineering Experience for Kids (SEEK) program and NSBE Professional Development Conference. The
NHIPP is part of a three-year partnership with NSBE that focuses on Science, Technology, Engineering,
and Mat
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Maybe that means approaching an obstacle from a
HOW TO FORGE
different perspective or by utilizing existing technology for
a new application.
YOUR OWN
In your professional life, this could translate to taking on a
CAREER PATH:
new project that excites you or expressing interest in a
new challenge.
WOMEN
But how do you actually take that leap?
SHARE THEIR
“Take responsibility and initiative to reach out and connect
EXPERIENCES
with people that are in a role you are interested in,” says Erika
Erika Kauffman
Kauffman, a Finance Director.
Finance Director
“When given the opportunity to share your perspective, do so,”
says Dionne Hamilton, a business General Counsel. Q. How can women forge their own career paths?
Take responsibi
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summarize the program in one word. I chose “intentional.” down with yourself first and evaluate where you see yourself in
The participants, sponsors and organizers are all focused on an five to 10 years, that’s a good place to start. Think about where
intentional mission to increase diversity within Honeywell at the your skills and talents meet the needs of society.
higher levels of the enterprise. That is enormously inspiring to
me. During the program and immediately thereafter, I expanded I knew since I was in college that a career in communications
my Honeywell network exponentially. With that network, my was the right fit for me because I’ve always been outspoken,
past and current experience – and by implementing my I l
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INCLUSIVE LEADERSHIP
Building Strong Teams Through Inclusion and
Empathic Leadership
Developing and nurturing inclusive leaders and enriching the
workplace with educational experiences to promote inclusion
and diversity remains a top priority for Honeywell. The company
continues to deploy unconscious bias and inclusive leadership
training to educate all employees and influence behavior. Our
event series, “Building Strong Teams Through Inclusion and
Empathic Leadership,” brought together leaders and highlighted
the value of empathic leadership skills to foster a more inclusive
workplace. From the C-suite to the shop floor, company leaders STRATEGIC PARTNERSHIPS
are expected to exemplify behaviors that promote an open and
inc
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HONEYWELL
EMPLOYEE NETWORKS
HONEYWELL ALLABILITIES EMPLOYEE NETWORK (HAEN)
MEET ESG FUTURESHAPER: ANNI LANO
• During National Disability Employment Awareness Month, former CEO Darius Adamczyk
joined dozens of CEOs in pledging to hire inclusively, contract with disability-owned business
enterprises and create accessible tools and technology for all.
• Honeywell was named a 2022 Best Place to Work for Disability Inclusion by Disability:IN
and the American Association of People with Disabilities. At the Disability:IN conference,
Honeywell’s Josh Pascoe and Lisa Bickel were named recipients of the 2022 ERG Executive
Sponsor of the Year Award.
• Honeywell’s AllAbilities Employee Network recently hosted a company-wide Accessibili
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HONEYWELL ASIAN EMPLOYEE NETWORK (HASEN) HONEYWELL BLACK EMPLOYEE NETWORK (HBEN)
• The network launched on March 1, 2022. • Honeywell hosted the Kappa Alpha Psi Fraternity Undergraduate Leadership Institute (ULI)
in June 2022. The 2022 class of nearly 90 scholars representing 78 colleges and universities
• Initiatives such as a South Asian Film Festival, cultural dress days and events with senior
traveled to Honeywell’s global headquarters where they heard from Senior Vice President
leaders highlighted Asian culture for solidarity and knowledge-sharing purposes.
and Chief Financial Officer Greg Lewis, experienced the technology within the headquarters
• Various sites across the globe celebrated cultural holidays such as Chi
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HEIGHTEN YOUR PROFESSIONAL EXPERIENCE (HYPE)/EARLY CAREER HONEYWELL HISPANIC EMPLOYEE NETWORK (HHEN)
• The network officially launched June 29, 2022. • Honeywell was recognized by Prospanica, a nonprofit organization dedicated to empowering
Hispanic professionals, for the partnership to increase and maintain representation of
• Honeywell was recognized during the 2022 Women’s Choice Awards as being among the
Hispanics in leadership through talent development and advancement efforts.
“Best Companies to Work For” in both the Diversity and Millennials categories. Data was
compiled from a variety of publicly available sources and evaluated based on inclusion criteria. • As part of the celebrations for Hispanic Heritage Month, H
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HONEYWELL GROWING EXPERIENCE EMPLOYEE NETWORK (HGEN) HONEYWELL LGBTQ+ EMPLOYEE NETWORK
• The network launched with a kick-off event in October 2022. • Honeywell received the Rainbow Tick certification in New Zealand for its work in creating an
open, diverse and inclusive workplace environment for employees in the LGBTQ+ communities.
• This network is for experienced and inter-generational professionals who want to use their
The Rainbow Tick program is a continual quality improvement program supporting workplace
unique career experiences to build an inclusive and impact-driven workplace.
inclusion and diversity for members of the LGBTQ+ communities.
• In partnership with the HYPE Network, HGEN launched a mentorship program t
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HONEYWELL VETERANS EMPLOYEE NETWORK (HVEN) HONEYWELL WOMEN’S EMPLOYEE NETWORK (HWEN)
• HVEN was a proud sponsor in the 5th Annual Travis Mills Golf Fundraiser in Mesa, Ariz. The • During International Women’s Day 2022, then-Honeywell CEO Darius Adamczyk explained
Travis Mills Foundation supports veterans and their families through various programs that how the company intentionally invests in strong female leaders by providing programs that
help these heroic men and women overcome physical and emotional obstacles, strengthen help women develop skills and gain experience that advance their careers.
their families and provide well-deserved rest and relaxation.
• In August, HWEN hosted a power walk in partnership with the non-
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CORPORATE
SOCIAL
RESPONSIBILITY
Honeywell’s global Corporate Social
Responsibility initiatives improve lives and
inspire change in communities around
the world. Our partnerships and programs
emphasize science, technology, engineering
and mathematics (STEM) education;
sustainability; humanitarian relief; and
employee volunteerism – underpinned by our
commitment to advance inclusion and diversity.
By contributing our resources and unique expertise through
employee volunteerism, Honeywell has delivered significant
and meaningful results in the local communities where we
work and live.
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SHAPING THE NEXT
GENERATION OF
INN
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STEM CHALLENGES AND PROGRAMS INVESTING IN STEM EDUCATION
Honeywell has partnered with a variety of sports organizations Honeywell launched an Industrial Automation Lab in
to deliver unique STEM experiences that are especially relevant conjunction with the University Politehnica of Bucharest’s
to children. Department of Automation and Computer Science to help
students in Romania build the technical skills and knowledge
Honeywell’s Futureshaper Robotics Program with the Arizona required to join, compete and succeed in the global industrial
Diamondbacks MLB team provides STEM activities for young automation sector. The state-of-the-art, hands-on lab is
fans and hosts a robotics challenge for area schools. High Honeywell’s thir
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The initiative supports the United Nations Decade of Ecosystem
SUSTAINABILITY
Restoration, which aims to protect and revive ecosystems
across the globe. Plant the Trees took root in 2022 with an
TAKES ROOT
ambition to plant 1 million saplings across 10 cities by 2032.
On April 22 – globally observed as Earth Day – Honeywell
and Give Me Trees conducted a tree planting event in Pune
Honeywell is committed to minimizing
and Bengaluru. More than 1,000 employee volunteers from
carbon emissions and enabling ways to be
Honeywell planted over 2,000 trees. It was the first kick-off
more sustainable as a corporation. Our CSR
activity of the three-year partnership between HHSIF and Give
charter is designed to drive programs that
Me Tr
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VOLUNTEERING
FOR THE
GREATER GOOD
Honeywell’s annual Global Volunteering Month is a tradition
that encourages our entire workforce to put their time and
talents to work for the greater good.
During the 2022 Global Volunteering Month, Honeywell
employees enlisted their friends and families to plant urban
gardens, collect clothing for donations, mentor students, pack
hundreds of pounds of food to feed hungry families, and more.
With hundreds of activities occurring around the globe in just
30 days, Honeywell employees quadrupled our previous years’
investment in local communities, totaling more than 21,000
volunteer hours throughout the year.
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HUMANITARIAN RELIEF POWERED BY EMPLOYEE GIVING RELIEF FUND IN RESPONSE TO TURKEY-SYRIA EARTHQUAKE
When a natural disaster strikes, the Honeywell Humanitarian Relief Foundation (HHRF) acts Following a devastating earthquake in February 2023 on the Turkey-Syria border, causing
quickly, delivering direct assistance to employees and communities in need. The employee- extensive damage and the loss of thousands of lives, we worked with our global humanitarian
funded nonprofit organization is designed to assist in both the immediate and long-term housing relief partner, Operation USA, to launch the Earthquake Relief Fund to support the region’s rescue
needs of Honeywell employees impacted by a natural disaster. and rebuilding effo
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Opening the digital doors for everyone is essential for upward
BRIDGING THE
economic mobility. Honeywell is dedicated to supporting efforts
that close the digital divide, eliminating the gap between those
DIGITAL
who have and do not have access to devices, affordable internet
service and digital skills.
DIVIDE GAP,
With this goal in mind, Honeywell committed to donating
ONE LAPTOP
13,000 laptops in the Charlotte, N.C., region to non-profit
partner Eliminate The Digital Divide (E2D). The non-profit
AT A TIME
agency works to give students affordable access to essential
at-home technology and digital literacy training to support
academic success.
President and Chief Digital Technology Officer at Honeywell.
In today’s tech-forw
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GOVERNANCE
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Honeywell, led by the Board of Directors
and management team, remains steadfastly
committed to complying with laws and
regulations in all jurisdictions in which we do
business and to meet environmental, social
and governance performance standards.
This long-term strategy supports our Code of Business
Conduct and Honeywell’s position as one of the world’s largest
and most admired companies, as designated by Forbes.
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Through close collaboration with risk area owners and subject These individu
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INTEGRITY AND COMPLIANCE
THERE ARE NO SHORTCUTS
Honeywell has built a legacy of providing a wide range of history; it’s something we should be very, very proud of, and
products and services that solve some of the world’s toughest it’s something that we need to maintain for ourselves, for our
challenges. customers and for the next generation of Futureshapers.”
The pressure to maintain this high level of performance falls on “Put simply, if we compromise on our integrity, our ethics, our
every employee. values, it would be the equivalent of building something really
grand on a very weak foundation that will fall apart at any
“Solving complex problems a
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And that responsibility begins with management. “As leaders, we need to create an environment where employees
feel comfortable raising concerns and seeking support when
Our senior executives set the expectation that it is facing difficult ethical dilemmas,” Dehoff added.
management’s responsibility to uphold the ethics and integrity
of our company, “As leaders, we bear a huge responsibility to “I don’t want to have a single team member come into work
make sure that our team members believe that integrity is more thinking they cannot do the right thing out of risk for retaliation
important than short-term results.” or out of pressure that they perceiv
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BOARD OVERSIGHT The MDCC receives quarterly summaries detailing any • Global compliance teams in regions at elevated risk for
significant, substantiated human resources investigations compliance concerns.
The Board of Directors has overall oversight responsibility for (including those involving discrimination, harassment,
• Frequent self-assessments, independent internal and third-
integrity and compliance at Honeywell, and the Corporate workplace respect and workplace violence) and disciplinary
party reviews and audits of compliance risk areas.
Governance and Responsibility Committee (CGRC), the actions taken in response.
• Internal risk assessments
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accepting a bribe; making any facilitation payments or retaining verification that a proper basis for payment has been logged
a third party when there is a reason to suspect an improper into the approval system. Honeywell also conducts continuous
payment. monitoring of suppliers through its supplier due diligence
program.
Honeywell’s anti-corruption organization is led by our Vice
President and General Counsel for Anti-Corruption, who
supervises a team of professionals with diverse backgrounds INTEGRITY AND ETHICS CERTIFICATION, TRAINING
in law, auditing and analytics. The team is dispersed globally AND COMMUNICATION
with on-the-ground presence in ke