Vision for America Award 2016
The Vision for America Award is presented annually to distinguished leaders whose personal and corporate commitments have significantly enhanced civic, environmental and social stewardship throughout the United States. The 2016 Vision for America Award was presented to David Cote, chairman and CEO of Honeywell, in New York City on behalf of Honeywell and its global workforce.
Honeywell’s Vision for America and for the world is to blend its physical products with software to support connected systems that improve homes, buildings, factories, utilities, vehicles and aircraft, and that enable safer, more comfortable, efficient, and productive environments. Its solutions enhance the quality of life of people around the globe, create new markets and industries, and help reduce greenhouse gas emissions.
With nearly 50 percent of its revenue linked to energy efficiency, Honeywell can help the world face its energy challenges. In fact, if Honeywell’s existing technologies were widely adopted today, energy demand in the U.S. could be reduced by 20 percent to 25 percent.
Honeywell has created the home of the future with a new family of innovative connected home products including the Lyric thermostat that allows homeowners to control their thermostats from anywhere in the world.
The Company also provides industry-leading technologies in automated building controls, energy management solutions with insulation and refrigerants, and remote monitoring.
Honeywell is a pioneer of Energy Savings Performance Contracts, which provide opportunities for entities of all sizes and financial positions to upgrade critical facilities and infrastructure with energy efficient technologies, while minimizing their financial and technical risk. The Company has completed more than 5,700 projects around the world. Combined, this work is expected to decrease customers’ energy and operating costs by an estimated $6 billion.
In 2015, Honeywell introduced the Smart Building Score, which evaluates a building’s use of 15 technology assets that make a building greener, safe, and productive, based on the systems’ overall capabilities, coverage of the facility, and uptime.
Honeywell is a leader in managing demand response and energy efficient programs for utilities. The Company’s industrial smart grid controls reduce plant carbon emissions by 15 percent.
Honeywell’s innovations in the transportation sector include smaller, turbocharged gasoline engines that deliver up to 20 percent more fuel efficiency than the larger, non-turbocharged alternative. Honeywell Green Diesel is an alternative, lower-emission diesel made from biofeedstocks.
Honeywell also has been at the forefront of innovation in air conditioning, refrigeration, and insulation for more than five decades. The Company estimates that the use of Solstice®, its brand of low-global-warming-potential materials, will eliminate more than 475 million metric tons of CO2 equivalents by 2025, the equivalent of taking 100 million cars off the road.
Honeywell also is proud of its energy efficiency and greenhouse gas reduction improvements within its own businesses. It applies a rigorous set of internal controls – the Honeywell Operating System (HOS) – to drive sustainable improvements and the elimination of waste in its manufacturing operations.
The Company is now nearly 40 percent more energy efficient, and more than 65 percent more greenhouse gas efficient than it was in 2004. And in March of 2015, Honeywell met with President Obama to set yet another public goal: By 2019 it will increase greenhouse gas efficiency by another 10 percent.
But the Company isn’t simply committed to making the world a cleaner, more sustainable place through its energy efficiency and greenhouse gas reduction solutions. Honeywell also is responsibly addressing environmental remediation issues arising out of past operations. Using world-class science, design, engineering, and community engagement, it is protecting human health and the environment while transforming properties into sustainable assets for the surrounding communities.
Honeywell is committed to improving the world we live in by creating, supporting, and nurturing programs and initiatives that serve the global community and local hometown alike.
Honeywell’s Hometown Solutions, the Company’s corporate citizenship initiative, focuses on five critical areas of importance to society: Science & Math Education; Housing & Shelter; Family Safety & Security; Environment & Sustainability; and Humanitarian Relief.
For example, its Honeywell Institute for Ecosystems Education has partnered with New Jersey Audubon to bring environmental science to life in their classrooms. Honeywell Hometown Solutions also sponsors a Green Boot Camp, which provides practical skills to teachers in a hands-on learning environment on topics from renewable energy to green building materials.
And Honeywell Summer Science Week, organized by the Milton J. Rubenstein Museum of Science & Technology in Syracuse, has brought science to life for more than 600 Central New York middle school students.
Since 2003, more than 18,500 Honeywell employees have volunteered to repair nearly 600 homes and nonprofit centers in more than 50 Honeywell Hometown communities through the Company’s affiliation with Rebuilding Together®.
Honeywell has a long history of building upon innovation to make a measurable difference in homes, neighborhoods and hometowns, in its effort to make the world cleaner and more sustainable, more secure, connected, energy efficient and productive.
To read Honeywell's Corporate Citizenship report, click here.