We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Mike Madsen, President and CEO of Honeywell, is a member of AIA's Board of Governors (as of February 2023)
Mike Madsen
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Mike Madsen, President and CEO of Honeywell, is a member of AIA's Board of Governors (as of February 2023)
Mike Madsen
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell's President of Advanced Materials serves on the American Chemistry Council's board of directors (updated April 2022)
George Koutsaftes
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell's President of Advanced Materials serves on the American Chemistry Council's board of directors (updated April 2022)
George Koutsaftes
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell's Senior Vice President of Government Relations serves on the Board of Directors for the U.S. Chamber of Commerce. However, in its 2022 industry association review, Honeywell states that it has notable differences with the Chamber on climate and energy policy (Honeywell Climate and Sustainability Lobbying Report, March 2022)
James Carroll
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is the vice-chair company of the US-Israel Business Council
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is member of the US-Japan Business Council
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is member of the US-Turkey Business Council
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Senior Executive of Honeywell is on the board of directors of the Chamber
James M. Carroll
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell's Senior Vice President of Government Relations serves on the Board of Directors for the U.S. Chamber of Commerce. However, in its 2022 industry association review, Honeywell states that it has notable differences with the Chamber on climate and energy policy (Honeywell Climate and Sustainability Lobbying Report, March 2022)
James Carroll
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is the vice-chair company of the US-Israel Business Council
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is member of the US-Japan Business Council
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is member of the US-Turkey Business Council
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Senior Executive of Honeywell is on the board of directors of the Chamber
James M. Carroll
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell Performance Materials and Technologies (PMT)'s CEO serves on NAM's board of directors. However, in its 2022 industry association review, Honeywell states that it has notable differences with NAM on climate and energy policy. For example, Honeywell does not appear to support NAM's Manufacturers Legal Center's work in defending manufacturers against climate-related liability lawsuits (Honeywell Climate and Sustainability Lobbying Report, March 2022)
Vinal Kapur
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell Performance Materials and Technologies (PMT)'s CEO serves on NAM's board of directors. However, in its 2022 industry association review, Honeywell states that it has notable differences with NAM on climate and energy policy. For example, Honeywell does not appear to support NAM's Manufacturers Legal Center's work in defending manufacturers against climate-related liability lawsuits (Honeywell Climate and Sustainability Lobbying Report, March 2022)
Vinal Kapur
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
A Honeywell executive serves on the AFPM's Board of Directors. However, in its 2022 industry association review, Honeywell states that it has notable differences with AFPM on climate and energy policy. For example, Honeywell supports the use of sustainable avaiation fuel while AFPM has adovcated for lowering the mandates in the EPA Renewable Fuel Standard program (Honeywell Climate and Sustainability Lobbying Report, March 2022) (Correct as of January 2023)
Bryan Glover
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Two Honeywell executives are on the AFPM's Board of Directors.
Sridhar Srinivasan and John Gugel
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The president of subsidiary Honeywell UOP serves on the AFPM Board of Directors (updated April 2022)
Bryan Glover
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
A Honeywell executive serves on the AFPM's Board of Directors. However, in its 2022 industry association review, Honeywell states that it has notable differences with AFPM on climate and energy policy. For example, Honeywell supports the use of sustainable avaiation fuel while AFPM has adovcated for lowering the mandates in the EPA Renewable Fuel Standard program (Honeywell Climate and Sustainability Lobbying Report, March 2022) (Correct as of January 2023)
Bryan Glover
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Two Honeywell executives are on the AFPM's Board of Directors.
Sridhar Srinivasan and John Gugel
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
The president of subsidiary Honeywell UOP serves on the AFPM Board of Directors (updated April 2022)
Bryan Glover
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell International is a direct corporate member of Cefic (as of October 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell International is a direct corporate member of Cefic (as of October 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is a direct member of the Instituto Brasileiro de Petróleo e Gás (Up to date as of August 2022)
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Honeywell is a direct member of the Instituto Brasileiro de Petróleo e Gás (Up to date as of August 2022)
not specified
--no extract--
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Lobbying Overview: Honeywell International (Honeywell) appears to be engaging with mixed positions on climate policy in the U.S. and the EU. The company has provided conditional support for EU Green Deal policies, and opposed the U.S. Build Back Better Act due to its pay-for provisions. Honeywell is a board-level member of several industry associations that oppose U.S. climate policies, including the U.S. Chamber of Commerce, the National Association of Manufacturers, and the American Chemistry Council.
Top-Line Messaging on Climate Policy: Honeywell demonstrates mixed top-line messaging on climate policy. In its March 2022 sustainability report, Honeywell stated support for the EU Green Deal target to achieve carbon neutrality by 2050, but qualified this support by emphasizing that Fit for 55 policies should consider concerns around cost-effectiveness and technological feasibility. In December 2021, the Wall Street Journal reported on Honeywell’s opposition to the pay-for provisions in the Build Back Better Act. The company’s position on the bill’s climate provisions remains unclear. Honeywell stated support for the Paris Agreement in an April 2022 press release.
Engagement with Climate-Related Policy: Honeywell appears to engage with mixed positions on specific climate policies. In its March 2022 sustainability report, Honeywell supported a review of the EU Emissions Trading System (ETS) without specifying its desired reforms. In the same report, the company supported policies to incentivize the use of sustainable aviation fuels. Previously, in August 2021, Honeywell signed a joint letter to U.S. Congressional leadership advocating for a blenders tax credit for sustainable aviation fuels that would achieve at least a 50% reduction in lifecycle GHG emissions compared to conventional jet fuel. In its Q1 2022 U.S. lobbying report, Honeywell stated direct engagement with federal policymakers on energy efficiency policies without disclosing a position. In July 2021 comments to the U.S. Environmental Protection Agency’s request for information on methane emission regulations, the company appeared to support federal methane emissions standards.
Positioning on Energy Transition: Honeywell appears to have mixed and limited statements on the energy transition. In July 2021, Honeywell published a press release in which it stated support for the U.S. bipartisan infrastructure bill without providing a clear position on its decarbonization provisions. More recently, in an April 2022 earnings call, CEO Darius Adamczyk appeared to support the transition to a low-carbon energy sector in stating support for the role of battery storage in decarbonizing power systems.
Industry Association Governance: Honeywell published a Climate and Sustainability Lobbying Report in March 2022 in which it reviewed the company’s climate policy alignment with only three of its industry associations. In the report, the company stated that it has “notable differences” with the American Fuel and Petrochemical Manufacturers, the National Association of Manufacturers, and the U.S. Chamber of Commerce, all of which engage negatively on a wide range of U.S. climate policies. The report did not specify that Honeywell serves on the board of these groups, nor did it include Honeywell’s membership via subsidiary Honeywell Enraf Americas Inc. to the American Petroleum Institute, which remains strategically opposed to U.S. climate policy. The company is also a member of the American Chemistry Council, which engages negatively on climate policy in the U.S. and has been a vocal supporter of the Keystone XL Pipeline.