Johnson Controls' Practices Of Climate Change Disclosure Recognized By Carbon Disclosure Project
MILWAUKEE, Sept. 13, 2012 /PRNewswire/ -- Johnson Controls, a global diversified company in the building and automotive industries, has been recognized by the Carbon Disclosure Project (CDP) for its approach to the disclosure of climate change information.
For the fourth year, Johnson Controls is featured in CDP's "Carbon Disclosure Leadership Index." This index, a key component of CDP's annual S&P 500 report, highlights companies within the S&P 500 Index which have displayed a strong approach to information disclosure regarding climate change. Companies are scored on their climate change disclosure. High scores indicate good internal data management and understanding of climate change related issues affecting the company.
The index, compiled by PwC on behalf of CDP, provides an evaluation tool for institutional investors and other stakeholders. In 2012 it comprises 53 companies from the S&P 500 based on analysis of the responses to CDP's questionnaire which focused on greenhouse gas emissions, emissions reduction targets and the risks and opportunities associated with climate change.
"As a member of the CDP Supply Chain program, Johnson Controls maintains the highest level of sustainable practices by involving our suppliers in efforts to measure and improve environmental sustainability metrics," said Charles A. Harvey, vice president, diversity and public affairs for Johnson Controls. "Our history embraces both shareholder value and environmental responsibility. We are honored to be named to the Carbon Disclosure Leadership Index."
Paul Simpson, chief executive officer of CDP, commented:
"Companies that make the Carbon Disclosure Leadership Index have demonstrated strong internal data management practices for the measurement of greenhouse gas emissions and energy use. They are also giving clear consideration to the business issues related to climate change and their exposure to climate-related risks and opportunities. This is vital to realizing greater efficiencies, protecting the business from risk and capitalizing on opportunities."
The S&P 500 report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.
About Johnson Controls
Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 162,000 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 2012, Corporate Responsibility Magazine recognized Johnson Controls as the #5 company in its annual "100 Best Corporate Citizens" list. For additional information, please visit http://www.johnsoncontrols.com.
The Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP harnesses the power of market forces, including 655 institutional investors with assets of US$78 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and water risk and opportunity. CDP now holds the largest collection globally of primary climate change and water data and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdproject.net to find out more.
SOURCE Johnson Controls