Honeywell International Inc. (HON) — ESG & Values Scores

Environment story

Honeywell discloses a 2035 carbon-neutrality target for Scope 1 & 2 operations and has an SBTi-validated near-term target incorporating Scope 3 emissions, which supports a below-2045 net-zero credibility timeline. However, the filing does not disclose current Scope 3 emissions trend data, and the company carries legacy environmental liabilities (Superfund PRP designations, asbestos-related liabilities, and rising estimated future environmental liabilities), which weigh on the environmental score. This is descriptive research output and not investment advice.

Criticisms on file

Company designated a potentially responsible party (PRP) under Federal Superfund and similar state/foreign laws at current and former operating sites, some on the EPA National Priority List.
Source: HON_10k.txt - Regulations section
Divestiture of legacy Bendix and non-Bendix asbestos liabilities in September 2025, recording a $148 million pre-tax loss and contributing $1.4 billion cash plus derecognizing $1.5 billion in liabilities.
Source: HON_10k.txt - MD&A, Portfolio Transformation
2025 EPS impacted by an increase to estimated future environmental liabilities (~$0.25 per share after tax).
Source: HON_10k.txt - MD&A, Net Income from Continuing Operations

Disclosed initiatives

Energy Efficiency Improvements

ISO 50001-aligned energy audits, LED lighting, HVAC automation, variable frequency drives, occupancy sensors, and renewable energy deployment at largest sites.

Reduces facility energy consumption and associated Scope 1/2 emissions.
GHG Reduction Program

Carbon-neutral facilities/operations (Scope 1 & 2) commitment by 2035; 2022 pledge to cut U.S. Scope 1 & 2 GHG emissions 50% from 2018 baseline; SBTi-approved near-term target including Scope 3 (2023).

Establishes a science-based emissions reduction trajectory across direct operations and value chain.

Social story

Honeywell reports broad employee well-being, engagement, and inclusion programs, and discloses an annual EEO-1 report. Board-level gender representation (3 of 12 nominees, 25%) falls below the 30% diversity threshold used in this rubric, resulting in a scoring deduction. No CEO-to-median-worker pay ratio figure or evidence of active union suppression, strikes, or unmitigated supply-chain human-rights hazards was identified in the provided filings. This is descriptive research output and not investment advice.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

Employee Well-Being Programs

Employee Assistance Programs, mental health benefits, virtual mental health access, and Global Inclusion Month well-being sessions.

Supports employee physical, mental, and financial wellness globally.
Voice of the Employee Survey

Annual global employee feedback survey used to inform engagement and culture action plans.

Provides structured mechanism for workforce feedback.
Inclusion and Global Mindset Programs

Nine voluntary employee networks; unconscious bias and inclusive leadership training deployed globally; publicly disclosed EEO-1 report since 2022.

Formalizes DEI programming and transparency commitments.

Governance story

Honeywell maintains a single-class share structure, an independent Lead Director role, a Political Contributions Advisory Board overseeing PAC alignment, and published climate lobbying transparency reports. The 2025 Flexjet-related litigation settlement, which reduced Aerospace segment sales and profit by approximately $310 million and $370 million respectively, is noted as a governance/legal risk factor. No dual-class voting structure, antitrust, or financial-fraud regulatory proceedings were identified in the provided filings. This is descriptive research output and not investment advice.

Criticisms on file

Flexjet-related litigation settlement negotiations reduced 2025 Aerospace Technologies sales and segment profit by approximately $310 million and $370 million, respectively.
Source: HON_10k.txt - MD&A, Aerospace Technologies segment review; Note 19 Commitments and Contingencies

Disclosed initiatives

Political Contributions Advisory Board

Bipartisan board established (2020) to ensure PAC contributions align with company values; trade associations instructed (2019) not to use dues for political contributions.

Increases transparency and oversight of political spending.
Climate and Sustainability Lobbying Report

Inaugural report published in 2022 disclosing lobbying activity related to climate and sustainability policy.

Provides public transparency into climate-related lobbying positions.
Clawback Policy

Standalone clawback policy adopted in 2023 meeting SEC Rule 10D-1 and Nasdaq listing standards.

Strengthens executive compensation recoupment mechanisms.

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Honeywell International Inc.. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Honeywell International Inc. in the app for interactive charts and portfolio building.

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