Honeywell International Inc.
HON.US | Manufacture of measuring, testing, navigating and control equipment
Honeywell International Inc. is a diversified technology and manufacturing company. It operates through four segments: Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Aerospace segment supplies aircraft engines, integrated avionics...Show More
Better Health for All
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Honeywell's core products and services deliver substantial health benefits, including integrated life safety and security solutions for hospitals
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, infection control
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, patient monitoring systems
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, and software for safer pharmaceutical manufacturing
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. The company demonstrates exceptional healthcare data responsibility through a Global Data Privacy Program
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, a Chief Privacy Officer
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, privacy impact assessments
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, and adherence to global regulations like GDPR and MHMDA
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,1, explicitly stating it does not typically collect or sell consumer health data
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. Honeywell exhibits an exceptional focus on preventative health, offering solutions for indoor air quality optimization
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, fire safety systems
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, and support for medication adherence
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. During the COVID-19 pandemic, Honeywell made significant contributions by developing ventilator components
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and providing personal protective equipment
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. The company provides comprehensive mental well-being resources for its employees, including Employee Assistance Programs with confidential counseling
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. Additionally, Honeywell supports the healthcare workforce by offering training materials for life sciences workers
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and providing tools to optimize staff scheduling and communication
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.
Fair Money & Economic Opportunity
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Honeywell International Inc. is a diversified industrial conglomerate and does not directly offer financial services or consumer credit products. As such, KPIs related to lending, fees, and customer financial outcomes are not applicable. The company does, however, implement initiatives that promote economic opportunity, such as a supplier diversity program that provides opportunities for minority-owned, woman-owned, and veteran-owned businesses
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. Additionally, Honeywell facilitates voluntary supply chain financing programs for its suppliers through third-party financial institutions, allowing for earlier payment on receivables
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. The company also maintains a comprehensive Inclusion and Diversity framework
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.
Fair Pay & Worker Respect
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Honeywell's CEO-to-median employee pay ratio was 231 times in fiscal year ending 2024.
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The company reported a Total Recordable Incident Rate (TRIR) of 0.17 in 2024, which is more than four times better than the weighted average TRIR of the industries in which it operates.
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Honeywell has implemented comprehensive health, safety, and environmental management systems adhering to ISO 14001 and ISO 45001 standards, managed by over 800 dedicated professionals globally.
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Additionally, 18 U.S. manufacturing facilities hold Voluntary Protection Program (VPP) STAR recognition.
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Fair Trade & Ethical Sourcing
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Honeywell incorporates its Supplier Code of Business Conduct as part of its standard sourcing terms, as stated in its February 14, 2025, Slavery and Human Trafficking Statement.
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This code includes enforceable ethical terms, with non-compliance potentially leading to termination as a supplier and possible legal action.
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Honest & Fair Business
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10 out of 11 (90.9%) of Honeywell's board nominees are independent.
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Honeywell maintains a comprehensive Anticorruption Policy (Policy 2066, updated April 2024) that prohibits bribery, addresses third-party due diligence and screening, business courtesies, joint ventures, high-risk candidate recruitment, and charitable contributions with a government nexus.
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All directors, officers, and employees receive 100% annual training and certification on the Code of Business Conduct, which includes anti-corruption.
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Following past Foreign Corrupt Practices Act issues, the company redesigned and strengthened its global ethics and compliance program and has compliance reporting obligations to authorities.
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Honeywell has a formal whistleblower program and a no-retaliation policy, enforcing zero tolerance against retaliation for good faith reports.
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,
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Multiple reporting channels exist, including a 24-hour Integrity Helpline managed by an independent third-party provider.
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Allegations are addressed confidentially, impartially, and in a timely manner, though the program's effectiveness is not publicly measured.
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Kind to Animals
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No explicit, quantifiable evidence was found in the provided articles to assess Honeywell International Inc. against the defined Key Performance Indicators for the 'Kind to Animals' ethical value. Information regarding cruelty-free certifications, alternative testing methods, humane certifications for operations, specific percentages of R&D investment in animal-free technologies, or detailed animal welfare policy engagement was not available. While some articles mention the use of animal-derived materials (leather) by a subsidiary
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,
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or general sustainability efforts, these do not provide the specific quantitative data required by the rubric's KPIs, such as percentages of substitution or audit scope for animal welfare.
No War, No Weapons
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In 2023, Honeywell reported that approximately 13% of its total revenue was derived from defense-related contracts, including payments for military aircraft support and the TIGER DO 13 ILSC contract.
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Historically, Honeywell produced military ordnance such as cluster bombs and missile guidance systems from the late 1960s to around 1990.
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There is no evidence demonstrating verified zero exposure to controversial or banned weapons.
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Planet-Friendly Business
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Honeywell's total Scope 1, 2, and 3 greenhouse gas emissions were 236,965,798 metric tons CO2e in 2024.
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The company's near-term science-based target, validated by the Science Based Targets initiative (SBTi) in 2023, commits to reducing absolute Scope 1 and 2 GHG emissions by 50% and Scope 3 GHG emissions by 23% by 2037 from a 2019 base year.
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In 2024, 1% of total energy consumed was from renewable sources.
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Honeywell is committed to achieving carbon neutrality in its facilities and operations (Scope 1 and 2) by 2035, with an interim goal to reduce U.S. Scope 1 and 2 GHG emissions by 50% from a 2018 baseline by 2030.
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The company states it is TCFD Aligned, includes a TCFD Disclosure section, and climate-related scenario modeling is part of its annual business planning process.
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In 2023 and 2024, 20% of water withdrawal was sourced from water-stressed locations.
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Honeywell has an established climate justice initiative, partnering to build 150 safe water stations in India since 2015, serving approximately 450,000 people in areas with acute groundwater contamination.
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Respect for Cultures & Communities
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Honeywell has over 20 formal partnerships with indigenous and local community groups, including the Onondaga Nation, Reconciliation Australia, and various educational institutions.
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The company demonstrates active measures for cultural site protection, including the transfer of over 1,000 acres of ancestral land to the Onondaga Nation for restoration and stewardship,
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,
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,
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and a $6.25 million settlement for natural resource restoration along the Buffalo River, which includes funding for cultural programs for the Tuscarora Nation.
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Honeywell exhibits strong language inclusivity, offering its Code of Business Conduct in 28 languages,
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comprehensive training in over 20 languages,
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and a 24-hour multilingual ACCESS Integrity Helpline for all stakeholders.
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Its website is also available in multiple languages across various global regions.
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,
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,
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For cultural incident response, the company has a framework for investigating all reports promptly and thoroughly, with appropriate corrective or disciplinary action for Code violations.
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All employees completed cultural awareness training by June 2018.
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The company provides a 24-hour ACCESS Integrity Helpline for all internal and external stakeholders, indicating company-wide availability of grievance mechanisms.
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,
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No cultural appropriation incidents have been reported.
Safe & Smart Tech
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Honeywell implemented a new Responsible AI Governance Framework in 2024, which includes a policy based on principles, appropriate oversight, record-keeping, and monitoring, supported by a Trust Center and specific Responsible AI Principles, and seeks to identify and mitigate algorithmic bias. The company holds an extensive array of privacy and security certifications, including ISO 27001 (multiple versions), SOC 1, 2, and 3, FedRAMP, CSA STAR, IEC 62443, TISAX, and Cyber Essentials Plus. All eligible employees receive mandatory company-wide training annually on cybersecurity and data privacy, with an online course and assessment, and additional training for specific job functions and secure coding guidelines for developers. For vulnerability management, the company has a Product Security Incident Response Team (PSIRT), uses a Coordinated Vulnerability Disclosure (CVD) process, CVSS scoring, continuous monitoring, automated and manual tools, periodic vulnerability scans, static code scans on every checked-in code change, open source/container scans on every build, and continuous infrastructure resource scanning, demonstrating prompt remediation for issues like the MOVEit vulnerability. While Honeywell does not participate in a bug bounty program, its PSIRT manages vulnerability disclosure. The company maintains a global privacy program, committing to compliance with GDPR, CCPA (CPRA), PIPL, and other applicable data privacy laws worldwide, and proactively aligns with new regulations such as TSA, CIRCIA, NIS2, EU Cyber Resilience Act, and the UK’s Cyber Security & Resilience Bill. In June 2023, unauthorized access to certain personally identifiable information was detected on a single MOVEit server, which was promptly investigated, contained, and patched.
Zero Waste & Sustainable Products
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Honeywell reported a waste diversion rate of 75% in 2023.
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The company also complies with all legal requirements for Extended Producer Responsibility (EPR) by working with accredited recycling partners or networks to ensure proper end-of-life treatment of its products.
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