STAMFORD, Conn., Oct. 19, 2016 /PRNewswire-USNewswire/
-- Keep America Beautiful, the nation's leading nonprofit that
envisions a country that is a clean, green and beautiful place to
live, honored Honeywell (NYSE: HON) and its Chairman and CEO
David M. Cote with the 2016
Vision for America Award on Tuesday,
Oct. 18, in New York
City.
"Keep America Beautiful and Honeywell share the belief that when
individuals, corporations, governments and nonprofits work
together, we can fulfill a vision of a country—and a world—in which
every community can be environmentally healthy, socially connected
and economically sound, said Jennifer M.
Jehn, president and CEO, Keep America Beautiful.
"Honeywell's strong sustainability program has best-in-class energy
efficiency innovations for homes, buildings, factories and
transportation."
"Good business, economic growth, and responsibility go hand in
hand. They are not mutually exclusive. That principle is what
guides Honeywell as we grow and accelerate financial performance
while also being good environmental stewards," said Cote in
accepting the Award. "It is through passionate and enduring
leadership, a committed workforce, and effective partnerships that
we can achieve lasting outcomes that will ensure a Vision for
America that is achievable and sustainable for all of us."
Honeywell's Vision for America and for the world is to
blend its physical products with software to support connected
systems that improve the comfort, safety and efficiency of homes,
buildings, factories, utilities, vehicles and
aircraft. Honeywell's solutions enhance the quality of life of
people around the globe, create new markets and industries, and
help save energy and reduce greenhouse gas
emissions.
With nearly 50 percent of its revenue linked to energy
efficiency, Honeywell can help the world address 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 and
save energy from anywhere in the world.
The Company also provides industry-leading technologies in
automated building controls and remote monitoring. It develops
innovative software solutions that combine its process technology
and process control expertise to enable refineries to operate more
efficiently with less downtime.
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 that are paid for with energy
savings. 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, the Company introduced the Honeywell 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 up to 15
percent.
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 its Solstice® line
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 to increase greenhouse gas efficiency by
another 10 percent by 2019.
The Vision for America Award was presented to Cote by
Dinner Co-Chairs: Kenneth M. Jacobs,
chairman & CEO of Lazard, and Blair
Effron, partner and co-founder of Centerview Partners.
The prestigious Vision for America Award was presented at
a dinner before distinguished guests, including senior public
officials and business leaders. In addition to paying tribute to
the honoree, the dinner raises funds for Keep America Beautiful.
Past recipients of the Vision for America Award, which has
been awarded annually since 1986, include Dell, Wrigley, PepsiCo,
Nestlé Waters North America, UPS, Xerox, and most recently,
Caterpillar Inc.
About Keep America Beautiful
At Keep America
Beautiful, we want to ensure that beauty is our lasting signature.
A leading national nonprofit, Keep America Beautiful inspires and
educates people to take action every day to improve and beautify
their community environment. We envision a country where every
community is a clean, green, and beautiful place to live.
Established in 1953, Keep America Beautiful provides the expertise,
programs and resources to help people End Littering, Improve
Recycling, and Beautify America's Communities. The organization is
driven by the work and passion of more than 620 community-based
Keep America Beautiful affiliates, millions of volunteers, and the
support of corporate partners, municipalities, elected officials,
and individuals. To donate or take action, visit kab.org. Follow us
on Twitter and Instagram, like us on Facebook, or view us on
YouTube.
About Honeywell
Honeywell (www.honeywell.com) is a
Fortune 100 diversified technology and manufacturing leader,
serving customers worldwide with aerospace products and services;
control technologies for buildings, homes, and industry;
turbochargers; and performance materials. For more news and
information on Honeywell, please visit
www.honeywell.com/newsroom.
CONTACTS
Mike Rosen / Larry Kaufman
Tel: 203.659.3008/203.659.3014
Email: mrosen@kab.org /lkaufman@kab.org
Website: www.kab.org
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SOURCE Keep America Beautiful