Johnson Controls Recognized by Carbon Disclosure Project for Climate Change Disclosure
MILWAUKEE, Sept. 20, 2011 /PRNewswire/ — Johnson Controls (NYSE: JCI), 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 third year, Johnson Controls is featured in CDP’s “Carbon Disclosure Leadership Index.” This index, a key component of the CDP’s annual S&P 500 report, highlights companies within the S&P 500 Index that have displayed the most professional approach to corporate governance with regard to climate change information disclosure practices. 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 provides an evaluation tool for institutional investors and other stakeholders. The 2011 index comprises 55 S&P 500 Index companies based on their responses related to greenhouse gas emissions, emission-reduction targets and 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. “Johnson Controls has a history that 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 the Carbon Disclosure Project, said, “Companies that make the Carbon Disclosure Leadership Index have demonstrated good internal data management practices for understanding greenhouse gas emissions. They have shown a strong awareness of the business issues related to climate change including climate-related risks and opportunities. Those organizations that give clear consideration to measuring and reporting on climate change issues will be best placed to capitalize on the opportunities from managing them.”
The S&P 500 report, which includes 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 154,000 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 2011, Corporate Responsibility Magazine recognized Johnson Controls as the #1 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 independent not-for-profit organization holding the largest database of primary corporate climate change and water information in the world. Some 3,000 organizations across the world’s largest economies now measure and disclose their greenhouse gas emissions and assessment of climate change risk and opportunity through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 551 institutional investors, holding US$71 trillion in assets. For more information visit www.cdproject.net.
SOURCE Johnson Controls