Operates in four main business areas: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.
|Honeywell International Inc||USA||website|
|Honeywell International Inc|
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
Source: CDP (2022)
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 68/100, ranking 38th in the Technology Hardware sector, and 383rd overall.
Source: Newsweek (2021)
As You Sow's 2022 report, 'Road to Zero Emissions', assessed the progress of 55 of the largest U.S. corporations in reducing greenhouse gas (GHG) emissions in line with the Paris Agreement's objective of limiting global average temperature rise to 1.5 degrees Celsius above pre-industrial levels, which requires achieving "net zero" emissions by 2050. Companies are graded on: climate related disclosures; GHG reduction targets, and GHG reductions. This company received an Overall Net Zero grade of F.
Source: As You Sow (2022)
This company is 18th on SIPRI's list of the Top 100 arms-producing and military services companies in the world (excluding Chinese companies), ranked by their arms sales in 2020. Arms sales accounted for 18% of this company's total sales in 2020.
Source: SIPRI (2020)
This company appears on Burma Campaign UK's 'Dirty List' of companies assisting the Burmese military to continue to commit human rights violations and environmental destruction. Honeywell is an American conglomerate. Its aerospace division has a longstanding business relationship with Indian aerospace company Hindustan Aeronautic Ltd (HAL), including a contract with them that enables HAL to manufacture Honeywell engines. HAL is manufacturing a new training aircraft, the Hindustan Turbo Trainer-40 (HTT-40). The HTT-40 is powered by a Honeywell Garett TPE331-12B single-shaft turboprop engine. HAL plans to sell a weaponised version of the aircraft to the Burmese military, which uses aircraft to indiscriminately target civilians.
Source: Burma Campaign UK (2022)
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested US$525 billion into 20 companies involved in the production, maintenance and modernization of nuclear weapons since January 2014. This company was named as a major producer of nuclear weapons.
Source: ICAN (2018)
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 42.8% (Minimal).
Source: As You Sow (2019)
This company is on OpenSecrets.org's list of "Top Donors", a list of the 100 biggest givers in US federal-level politics since 1990. Companies on this list lobby and spend big, with large sums sent to candidates, parties and leadership PACs. This company comes in at number 68 on the list, with contributions totalling $41,405,910 between 1990 and 2020.
Source: Open Secrets (2020)
In 2022 the median pay for a worker at this company was US$78,095. The CEO was paid 326 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)
This company received an S&P Global ESG Score of 32/100 in the Industrial Conglomerates category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 506th of 951 companies, and 20th of 50 Industrial Goods companies.
Source: JUST Capital (2023)
Major corporations, including this one, use prison labour in the USA, where prisoners are paid slave wages as low as 23 cents an hour doing work which is often dangerous, toxic and unprotected. While much of the work done by prisoners is for the military, other major corporations are taking advantage of the cheap labour in both federal and state US prisons.
Source: Global Research (2013)
This company is listed on the Federal Contractor Misconduct Database as having 41 instances of misconduct since 1995 amounting to US$703 million in penalties.
Source: Project on Government Oversight (POGO) (2014)
As You Sow's 2023 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Darius Adamczyk came in at number 31 on the list, having been paid US$26,100,120 in 2022. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2023)
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)
|Employees||34.4 billion USD (2021)|
|Subsidiaries||Honeywell Safety Products
- Oliver Footwear Pty Ltd
|Address||Charlotte, North Carolina, USA|
Products / BrandsHoneywell
Honeywell Heating & Cooling
Kings Work Boots
Oliver Work Boots