Johnson Ctls Intl Plc Stock Price, News & Analysis

Johnson Controls (NYSE: JCI) announced the adoption of R-454B as the primary low Global Warming Potential (GWP) refrigerant for its ducted residential and commercial products in North America. This shift, intended to combat climate change, aims to help customers reduce emissions by 16% by 2030. R-454B has a GWP of 466, significantly lower than R-410A's GWP of 2,088. The transition will affect new products after January 1, 2024, for chillers and January 1, 2025, for unitary products, ensuring continued compliance with environmental regulations.

Johnson Controls (NYSE: JCI) has partnered with DigiCert to enhance cybersecurity in smart building technology. This collaboration integrates DigiCert's ONE PKI platform into Johnson Controls' OpenBlue solutions, improving secure connectivity and mitigating operational risks associated with cybersecurity threats. The partnership aims to boost device authentication, data encryption, and lifecycle management of IoT devices, ensuring trusted environments for users. Additionally, this follows a recent collaboration with Pelion to further innovate connectivity and security in smart building operations.

Johnson Controls International (NYSE: JCI) will be represented by CEO George Oliver at the 14th Annual Wolfe Research Global Transportation & Industrials Conference. The virtual event is scheduled for May 27, 2021, at 10:15 a.m. EDT. A live webcast will be available on the company's website. Johnson Controls is a leader in smart and sustainable buildings, aiming to enhance the environments where people live and work. With over 135 years of innovation and a global workforce of 100,000, it provides a comprehensive portfolio of building technology and services.

Johnson Controls (NYSE: JCI) was recognized in the inaugural FT Climate Leaders in Europe list for its significant reduction in emission intensity from 2014 to 2019. Out of over 4,000 companies, only 300 made the list, highlighting Johnson Controls' commitment to sustainability. The company has cut its emissions intensity by over 70% since 2002 and helped customers save 30.6 million tonnes of CO2. With plans to achieve net zero carbon by 2040 and ambitious targets for 2030, Johnson Controls remains a leader in smart, sustainable building solutions.

On May 13, 2021, Johnson Controls (NYSE: JCI) announced the financing and operation of a 2 MW community solar garden in Pueblo, Colorado, in partnership with GRID Alternatives Colorado and Capital Dynamics. This project, part of six contracted initiatives, will provide renewable energy for 200 households, specifically targeting low-income residents. The community solar effort aims to reduce energy costs and offer job training opportunities, enhancing sustainability and public health in the area.

Johnson Controls International plc (NYSE: JCI) announced the successful acquisition of Silent-Aire, a leader in custom air handlers and modular data centers, on May 12, 2021. This strategic move is expected to enhance Johnson Controls' sustainable data center solutions portfolio and drive innovation. Silent-Aire's anticipated revenue for fiscal year 2021 is around $650 million, with a projected $0.07 to $0.09 increase in adjusted EPS for fiscal 2022. The acquisition aligns with Johnson Controls' goal of fostering rapid deployment of critical infrastructure in the data center market.

On May 11, 2021, Johnson Controls (NYSE: JCI) announced the appointment of Vijay Sankaran as vice president and chief technology officer. This role aims to enhance the OpenBlue digital platform and boost software engineering capabilities. Sankaran, previously at TD Ameritrade, is expected to leverage his extensive experience in technology transformation to strengthen customer solutions and market competitiveness. CEO George Oliver emphasized the significance of this appointment in addressing trends like sustainability and energy efficiency.

Johnson Controls (NYSE: JCI) will participate in the Goldman Sachs Industrials & Materials Conference 2021. The event is scheduled for May 13, 2021, at 10:30 a.m. EDT, featuring insights from CFO Olivier Leonetti. A live webcast will be accessible on their website.

Johnson Controls aims to enhance building environments and technology, having a workforce of 100,000 across 150 countries, establishing itself as a leader in smart and sustainable buildings.