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Johnson Controls International plc reports developments tied to commercial building technology, including thermal management, mission-critical building systems, energy efficiency and decarbonization. Company news commonly covers quarterly results, organic sales, orders, backlog, margins and guidance, along with capital returns through its regular dividend.
Updates also describe product and design activity for data center cooling, including AI Factory Reference Design Guides for chiller-based thermal systems. Other recurring announcements include investor conference participation, earnings webcasts, the Johnson Controls Business System, and ethics, compliance and governance recognition.
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Johnson Controls (NYSE: JCI) has launched the Community College Partnership Program, committing $15 million over five years to support nonprofit community colleges across the U.S. Starting in the 2021‒2022 academic year, ten colleges will receive funding to enhance programs in HVAC, fire and security, and digital building automation. This initiative aims to empower students from underserved communities by providing essential skills for in-demand jobs. Local employees will assist through volunteering and mentorship to ensure successful career paths for students.
Johnson Controls International plc (NYSE: JCI) will host its Third Quarter Fiscal 2021 Earnings Conference Call on July 30, 2021, at 8:30 a.m. EDT. Investors can access the call via webcast or telephone. The live webcast will be available for download on their investor site. A replay will also be accessible through the same channels from July 30 until August 6. Johnson Controls focuses on creating smart, healthy, and sustainable buildings, with a commitment to innovation for over 135 years.
Johnson Controls (NYSE: JCI) announced the launch of OpenBlue Net Zero Buildings as a Service, aimed at helping companies achieve net zero carbon and renewable energy goals. The offering streamlines the process for businesses to plan and execute sustainability initiatives. A recent survey revealed over 90% of respondents aim to cut carbon emissions and energy use by 2030. Additionally, the company introduced the OpenBlue Net Zero Advisor, providing AI-driven tracking of sustainability metrics. Johnson Controls aims to support various sectors including education and healthcare in their sustainability journeys.
Johnson Controls (NYSE: JCI) expressed strong support for the $1.2 trillion Bipartisan Infrastructure Framework, emphasizing its potential to enhance energy efficiency, reduce carbon emissions, and create jobs. Chief Sustainability Officer Katie McGinty highlighted that the framework includes funding for clean transportation, water, broadband, and climate resilience, addressing 40% of global emissions from buildings. Johnson Controls aims to leverage its OpenBlue technology to significantly improve energy efficiency in buildings, contributing to climate change solutions while benefiting taxpayers financially.
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Dubai Electricity and Water Authority (DEWA) has partnered with a consortium led by Moro Hub and includes Johnson Controls (JCI), Ghantoot Group, and Microsoft to develop its new headquarters, Al Shera'a. This building aims to be the world's tallest and smartest government Net Zero Energy Building, featuring advanced technologies such as IoT, AI, and cybersecurity. Expected completion is in 2023, with significant energy efficiency goals, including 50% less water usage than similar buildings. The project aligns with Dubai's sustainability and clean energy ambitions.
The Dubai Electricity and Water Authority (DEWA) has partnered with a consortium led by Moro Hub, Johnson Controls (JCI), and Microsoft to implement cutting-edge technologies at its new headquarters, Al Shera'a. This building aims to be the world's largest Net Zero Energy Building, producing equal to or less energy than it consumes. The project will utilize IoT, AI, and smart management solutions, promoting sustainability and efficiency, with expectations to reduce water usage by 50%. Completion is projected for 2023.
On June 15, 2021, Google Cloud announced an expanded partnership with Johnson Controls (NYSE:JCI) to migrate its SAP Enterprise Resource Planning (ERP) environment to Google Cloud. This transition aims to modernize critical business systems, ensuring low-latency access and high reliability. Johnson Controls leverages SAP for comprehensive resource planning, finance, and supply chain management. This move enhances the company's commitment to sustainability by utilizing Google’s renewable energy infrastructure, aligning with both companies' goals to operate efficiently and sustainably.
Johnson Controls (NYSE: JCI) is advocating for swift climate action ahead of the G7 Summit in Cornwall, UK. Supporting an open letter from the Alliance of CEO Climate Leaders, the company urges global leaders to commit to net-zero emissions and implement effective policies. With a focus on reducing energy waste from buildings—responsible for 40% of global emissions—Johnson Controls aims to decrease operational emissions by 55% and customers' emissions by 16% by 2030. The company's commitment to sustainability is recognized through various initiatives, including the Business Ambition for 1.5°C campaign.