Johnson Ctls Intl Plc Stock Price, News & Analysis

On April 22, 2021, Johnson Controls (NYSE: JCI) announced a global partnership with the International WELL Building Institute™ (IWBI™) to advance the WELL Building Standard™ for enhancing health and safety in buildings. Johnson Controls will establish a Healthy Buildings Center of Excellence and aims to achieve WELL Health-Safety Ratings at its headquarters in the USA and China by Q3 FY21. The company plans to support employees pursuing WELL AP credentials, fostering expertise in healthy building practices. This collaboration aims to promote sustainable, healthy environments.

Johnson Controls (NYSE: JCI) announced that Chairman and CEO George Oliver has been invited by President Joe Biden to participate in the virtual Leaders Summit on Climate. The summit aims to strengthen collective efforts against climate change ahead of the COP26 conference. Oliver emphasized the importance of a roadmap for limiting global temperature rise and highlighted the economic benefits of a lower-carbon economy. He will speak on April 23 about building roles in reducing emissions. Johnson Controls targets a 55% reduction in operational emissions by 2030 and is committed to sustainability.

Johnson Controls International (NYSE: JCI) will have Executive Vice President and CFO Olivier Leonetti speak at the Oppenheimer 16th Annual Industrial Growth Conference on May 4, 2021, at 9:00 a.m. EDT. A live webcast of the presentation will be available on their official website.

With over 135 years of innovation, Johnson Controls leads in smart and sustainable building solutions, catering to industries like healthcare, schools, and data centers.

On April 15, 2021, Johnson Controls (NYSE: JCI) introduced OpenBlue Buildings as a Service, a digital transformation initiative aimed at enhancing sustainability and operational efficiency in building management. Leveraging over 135 years of experience, this service allows building owners to transfer lifecycle risks, including design, energy efficiency, and maintenance, to Johnson Controls. With contracts exceeding $1 billion and remarkable results from partners like Children's of Alabama, which cut natural gas use by 69%, the initiative reflects a strong commitment to environmental stewardship, while improving total cost of occupancy.

Johnson Controls International (NYSE: JCI) will hold its Second Quarter Fiscal 2021 Earnings Conference Call on April 30, 2021, at 8:30 a.m. EDT. The event can be accessed through a live webcast or via telephone. The replay will be available until May 7, 2021. Johnson Controls, a leader in smart and sustainable building solutions, focuses on transforming environments for various sectors. The company boasts over 135 years of innovation and employs 100,000 experts worldwide, leveraging its extensive portfolio through the OpenBlue digital offering.

Johnson Controls (NYSE: JCI) has secured a $91 million contract with the U.S. General Services Administration (GSA) to enhance the energy efficiency of significant federal buildings as part of the National Deep Energy Retrofit (NDER) program. The project aims for net zero energy consumption and will affect iconic sites like the Ronald Reagan Building and the Eisenhower Executive Office Building. Construction is set to commence on May 1, 2021, with expected energy savings of over 42% and water savings of 50% from combined measures.

Johnson Controls (JCI) announced an agreement to acquire Silent-Aire for up to $870 million. The deal includes approximately $630 million upfront, with additional payments based on performance milestones. Silent-Aire, a leader in data center cooling solutions, expects $650 million in revenue for fiscal year 2021. This acquisition aims to enhance Johnson Controls' presence in the data center market, aligning with its growth strategies. The transaction is projected to close in fiscal Q3 2021 and is expected to add $0.07 to $0.09 to adjusted EPS in fiscal 2022.

Johnson Controls (NYSE: JCI) announced that the Science Based Targets Initiative (SBTi) has approved its greenhouse gas emissions reduction targets, aligning with the Paris Agreement's goals. The company aims to reduce operational emissions by 55% and customer emissions by 16% by 2030. The SBTi validation reinforces Johnson Controls’ strategy for sustainability and its commitment to net-zero emissions. The OpenBlue platform will play a key role in achieving these objectives, promoting healthier environments. Johnson Controls has also joined the Business Ambition for 1.5°C campaign and is committed to reaching net-zero carbon emissions by 2040.