{"id":10747,"date":"2023-12-01T15:32:21","date_gmt":"2023-12-01T15:32:21","guid":{"rendered":"https:\/\/www.emr-online.com\/honeywell-net-zero-coalition-expands-membership-to-10-companies-unveils-american-innovation-showcase-at-u-s-center-at-cop28\/"},"modified":"2023-12-01T15:32:21","modified_gmt":"2023-12-01T15:32:21","slug":"honeywell-net-zero-coalition-expands-membership-to-10-companies-unveils-american-innovation-showcase-at-u-s-center-at-cop28","status":"publish","type":"post","link":"https:\/\/www.emr-online.com\/honeywell-net-zero-coalition-expands-membership-to-10-companies-unveils-american-innovation-showcase-at-u-s-center-at-cop28\/","title":{"rendered":"Honeywell – Net Zero Coalition Expands Membership to 10 Companies, Unveils American Innovation Showcase at U.S. Center at COP28"},"content":{"rendered":"
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Dubai, United Arab Emirates, Nov. 28, 2023 \u2013 The Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ), a cross-sector business alliance dedicated to helping countries meet decarbonization and climate change goals through innovation and technology, is proud to welcome the addition of four new members: Baker Hughes, Boeing, Carrier and United. Announced last year at COP27, these companies join founding members Bechtel, GE, GM, Invenergy, Honeywell and Johnson Controls.<\/p>\n
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Baker Hughes<\/strong><\/p>\n “The need for transformative partnerships in addressing climate action has never been more urgent,\u201d said Lorenzo Simonelli, Baker Hughes Chairman & CEO. \u201cIncreasing global energy needs must be met while simultaneously reducing emissions urgently. At Baker Hughes, our business is built on partnerships and service. Today, we know this matters more than ever as we work to balance the energy trilemma of security, sustainability, and affordability. We believe it will take energy producers, technology and service providers, energy purchasers, policymakers, and the community at large to work closely together to tackle the urgency and scale required to achieve a lower-emissions future.”<\/p>\n<\/blockquote>\n <\/p>\n Boeing<\/strong><\/p>\n \u201cBoeing is committed to working together across industries to provide safe, innovative, data-driven solutions to decarbonize aviation,\u201d said Chris Raymond, Boeing Chief Sustainability Officer. \u201cWe\u2019re honored to join this Coalition so we can learn from one another and implement break-through technologies that will ultimately support our stakeholders\u2019 ambitious climate goals.\u201d<\/p>\n<\/blockquote>\n <\/p>\n Carrier<\/strong><\/p>\n \u201cSustainability is at Carrier\u2019s core, and we continue to introduce industry-leading products that help our customers achieve their sustainability targets while decarbonizing the planet for generations to come,\u201d said David Gitlin, Carrier Chairman & CEO. \u201cWe are honored to be a part of this Coalition of industry leaders who share the same vision and commitment as Carrier in helping to solve some of the world\u2019s most complex climate challenges. Looking ahead, Carrier will continue to be a catalyst for positive and sustainable change as we innovate and drive toward the critical transition to renewable energy.\u201d<\/p>\n<\/blockquote>\n <\/p>\n United<\/strong><\/p>\n \u201cUnited is taking bold action to combat climate change, and technology and innovation are at the core of our company\u2019s strategy to achieve net-zero emissions by 2050,\u201d said Lauren Riley, United Chief Sustainability Officer. \u201cDecarbonizing airplanes presents a unique set of challenges. That\u2019s why we\u2019re using every tool available \u2013 from investing in sustainable aviation fuels, to electric and hydrogen powered aircrafts, to cutting-edge battery technology. This multi-pronged approach allows the airline to make bets on climate tech that will be ready in the coming decades, while also identifying technology that can more immediately help reduce our carbon footprint.\u201d<\/p>\n<\/blockquote>\n <\/p>\n The U.S. Center at COP28 will feature an exhibit titled \u201cU.S. Innovation: Pathways toward Net Zero\u201d from CCITNZ members and partners. The interactive multimedia exhibit will demonstrate how American innovation, the Inflation Reduction Act, and other U.S. and global policies are contributing toward global climate goals. The digital experience will showcase breakthrough technologies and groundbreaking projects. CCITNZ members and partners also spotlight how public-private partnerships can encourage the development of innovative solutions across the energy, transportation, infrastructure, agricultural and other sectors to promote long-term sustainable progress. <\/p>\n Members of CCITNZ are leaders in their industries and are making significant contributions towards the coalition\u2019s objectives<\/a> of advancing innovation and technology; private, public and social sector partnerships; energy security; policy; and serving as a resource to governments and other stakeholders as they seek to achieve their decarbonization and climate change goals.<\/p>\n <\/p>\n In the past year, members continued to advance new projects and technologies, including:<\/p>\n <\/p>\n <\/p>\n [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text el_class=’bg_wt_rc’]<\/p>\n More information on Honeywell:<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n More information on Vimal Kapur (Chief Executive Officer, Honeywell):<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n <\/p>\n More information on the Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ):<\/strong> No website yet + Six global companies form alliance to achieve world\u2019s climate goals. The initiative has been launched by Bechtel, GE, GM, Honeywell, Invenergy, and Johnson Controls at the COP27 summit. Intend to act on the objectives of CCITNZ, which are innovation and technology, partnership, and energy security, policy, and resource. CCITNZ has been working behind the scenes since its creation in late 2021 and is dedicated to helping countries meet decarbonization and climate change goals through innovation and technology. <\/p>\n Baker Hughes, Boeing, Carrier and United Airlines join the Corporate Coalition at the COP28 in November 2023.<\/p>\n <\/p>\n More information on Net Zero by 2050 by the United Nations:<\/strong> https:\/\/www.un.org\/en\/climatechange\/net-zero-coalition<\/a> + Put simply, net zero means cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance.<\/p>\n Currently, the Earth is already about 1.1\u00b0C warmer than it was in the late 1800s, and emissions continue to rise. To keep global warming to no more than 1.5\u00b0C \u2013 as called for in the Paris Agreement<\/a> \u2013 emissions need to be reduced by 45% by 2030 and reach net zero by 2050.<\/p>\n More than 140 countries<\/a>, including the biggest polluters \u2013 China, the United States, India and the European Union \u2013 have set a net-zero target, covering about 88% of global emissions<\/a>. More than 9,000 companies, over 1000 cities, more than 1000 educational institutions, and over 600 financial institutions have joined the Race to Zero<\/a>, pledging to take rigorous, immediate action to halve global emissions by 2030.<\/p>\n <\/p>\n More information on COP28 – Climate Change Conference (30 November to 12 December 2023, Dubai, United Arab Emirates):<\/strong> https:\/\/www.cop28.com\/<\/a> + The 28th session of the Conference of the Parties (COP 28) to the UNFCCC will convene from 30 November to 12 December 2023. It will take place in the United Arab Emirates. <\/p>\n In the three decades since the Rio Summit and the launch of the United Nations Framework Convention on Climate Change (UNFCCC), the Conference of the Parties to the Convention (COP) has convened member countries every year to determine ambition and responsibilities, and identify and assess climate measures. The 21st session of the COP (COP21) led to the Paris Agreement, which mobilized global collective action to limit the global temperature increase to 1.5C above pre-industrial levels by 2100, and to act to adapt to the already existing effects of climate change.<\/p>\n More information on Dr. Sultan Ahmed Al Jaber (President-Designate, COP28 UAE + Minister of Industry and Advanced Technology, UEA + Managing Director and Group Chief Executive Officer, ADNOC):<\/strong> https:\/\/www.cop28.com\/en\/cop28-presidency#leadership<\/a> + https:\/\/www.linkedin.com\/in\/dr-sultan-al-jaber\/<\/a> <\/p>\n <\/p>\n More information on Bechtel:<\/strong> https:\/\/www.bechtel.com\/<\/a> + Bechtel helps our customers deliver projects of purpose that create a lasting positive legacy. These are projects that create jobs and grow economies; improve the resiliency of the world’s infrastructure<\/a>; connect communities to resources and opportunity<\/a>; get us closer to net zero<\/a>; protect U.S. and allied interests; tackle critical environmental challenges<\/a> to protect people and the planet<\/a>; and accelerate progress<\/a> to make the world a cleaner, greener, safer place.<\/p>\n While expertise enables delivery, partnerships ensure long-term success, which is why we align everything we do to our customers\u2019 goals.<\/p>\n Since 1898<\/a>, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents.<\/p>\n More information on Brendan Bechtel (Chairman and Chief Executive Officer, Bechtel):<\/strong> https:\/\/www.bechtel.com\/about-us\/leadership\/brendan-bechtel\/<\/a> + https:\/\/www.linkedin.com\/in\/brendanbechtel\/<\/a> <\/p>\n <\/p>\n More information on GE:<\/strong> https:\/\/www.ge.com<\/a> + General Electric Company (General Electric, GE or the Company) is a high-tech industrial company that today operates worldwide through three segments: Aerospace, Renewable Energy, and Power. Our products include commercial and military aircraft engines and systems; wind and other renewable energy generation equipment and grid solutions; and gas, steam, nuclear and other power generation equipment. We have significant global installed bases of equipment across these sectors, and services to support these products are also an important part of our business alongside new equipment sales. <\/p>\n In November 2021, we announced a strategic plan to form three industry-leading, global, investment-grade public companies from (i) our Aerospace business, (ii) our Renewable Energy, Power, Digital and Energy Financial Services businesses, which we plan to combine and refer to as GE Vernova, and (iii) our former HealthCare business. In July 2022, we announced the new brand names for our three planned future companies: GE Aerospace, GE HealthCare and GE Vernova. For purposes of this report, we refer to our reporting segments as Aerospace (previously Aviation), HealthCare (previously Healthcare), Renewable Energy and Power. The composition of these reporting segments is unchanged. On January 3, 2023, we completed the separation of the HealthCare business from GE through the spin-off of GE HealthCare Technologies Inc. (GE HealthCare). In the spin-off, GE made a pro-rata distribution of approximately 80.1% of the shares of GE HealthCare\u2019s common stock to GE shareholders, retaining approximately 19.9% of GE HealthCare common stock. This spin-off marked the culmination of our first business separation in accordance with the November 2021 strategic plan, and we are working toward the planned spin-off of GE Vernova.<\/p>\n Total Revenue for FY 2022: US$ 76,555M at +3%<\/p>\n More information on<\/strong> H. Lawrence (Larry) Culp, Jr. (Chairman and Chief Executive Officer, GE + Chief Executive Officer, GE Aerospace):<\/strong> https:\/\/www.ge.com\/about-us\/leadership\/profiles\/lawrence-culp<\/a> + https:\/\/www.linkedin.com\/in\/larry-culp\/<\/a> <\/p>\n <\/p>\n More information on GM:<\/strong> https:\/\/www.gm.com\/<\/a> + We stand together to drive the world forward. Everybody in.<\/p>\n Headquartered in Detroit, Michigan, with employees around the world, General Motors is a company with global scale and capabilities.<\/p>\n General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet,<\/a> Buick,<\/a> GMC,<\/a> Cadillac<\/a>, Baojun<\/a> and Wuling<\/a> brands.<\/p>\n More information on Mary T. Barra (Chair and Chief Executive Officer, GM):<\/strong> https:\/\/www.gm.com\/company\/leadership.detail.html\/Pages\/bios\/gm\/Mary-Barra<\/a> + https:\/\/www.linkedin.com\/in\/mary-barra\/<\/a> <\/p>\n <\/p>\n More information on Invenergy:<\/strong> https:\/\/invenergy.com\/<\/a> + Invenergy is a leading privately held, global developer and operator of sustainable energy solutions. We are powered by decades of entrepreneurial experience and unparalleled execution. We provide power generation and storage solutions at scale around the world to create a cleaner energy future.<\/p>\n More information on Michael Polsky (Founder and Chief Executive Officer, Invenergy):<\/strong> https:\/\/invenergy.com\/our-people\/leadership<\/a> + https:\/\/www.linkedin.com\/in\/michael-polsky-65868aa7\/<\/a> <\/p>\n <\/p>\n More information on Johnson Controls:<\/strong> https:\/\/www.johnsoncontrols.com\/<\/a> + Johnson Controls is a world leader in smart buildings, creating safe, healthy and sustainable spaces.<\/p>\n For nearly 140 years, we\u2019ve made buildings better and now we\u2019re transforming them again with our award-winning digital technologies and services. We\u2019re using artificial intelligence and data driven solutions to give you deeper insight into your building\u2019s health, sustainability and performance. It\u2019s changing the way we design, operate and maintain indoor environments and driving to a new era of autonomous buildings.<\/p>\n We deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, hotels, manufacturing and beyond through OpenBlue, our comprehensive suite of connected solutions.<\/p>\n Johnson Controls offers the world\u2019s largest portfolio of building technology, software and services. Supported by a team of more than 100,000 dedicated employees working across 150 countries, we\u2019re helping customers achieve their sustainability goals and power their mission.<\/p>\n More information on George Oliver (Chairman and Chief Executive Officer, Johnson Controls):<\/strong> https:\/\/www.johnsoncontrols.com\/about-us\/leadership<\/a> + https:\/\/www.linkedin.com\/in\/george-oliver-6613125\/<\/a> <\/p>\n <\/p>\n More information on Baker Hughes:<\/strong> https:\/\/www.bakerhughes.com\/<\/a> + We are the leading energy technology company. We design, manufacture and service transformative technologies to help take energy forward.<\/p>\n Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward \u2013 making it safer, cleaner and more efficient for people and the planet.<\/p>\n More information on Lorenzo Simonelli (Chairman and Chief Executive Officer, Baker Hughes):<\/strong> https:\/\/www.bakerhughes.com\/company-leadership?team_list=46<\/a> + https:\/\/www.linkedin.com\/in\/lorenzo-simonelli\/<\/a> <\/p>\n <\/p>\n More information on Boeing:<\/strong> https:\/\/www.boeing.com\/<\/a> + As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing\u2019s diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company\u2019s core values of safety, quality and integrity.<\/p>\n With corporate offices near Washington, D.C., Boeing employs more than 140,000 people across the United States and in more than 65 countries. This represents one of the most diverse, talented and innovative workforces anywhere. Our enterprise also leverages the talents of hundreds of thousands more skilled people working for Boeing suppliers worldwide.<\/p>\n More information on David L. Calhoun (President and Chief Executive Officer, Boeing):<\/strong> https:\/\/www.boeing.com\/company\/bios\/<\/a> <\/p>\n More information on Christopher Raymond (Chief Sustainability Officer, Boeing):<\/strong> https:\/\/www.boeing.com\/company\/bios\/<\/a> + https:\/\/www.linkedin.com\/in\/christopher-raymond-8b0310181\/<\/a><\/p>\n <\/p>\n More information on Carrier:<\/strong> https:\/\/www.carrier.com\/carrier\/en\/worldwide\/<\/a> + https:\/\/www.corporate.carrier.com\/<\/a> + Carrier is the leading global provider of healthy, safe and sustainable building and cold chain solutions with a world-class, diverse workforce. From the beginning, we\u2019ve led in inventing new technologies and entirely new industries. Today, we continue to lead because we keep customers at the center of every product and service we offer and we act quickly to exceed their expectations. Through our performance-driven culture, we are driving shareowner value by growing earnings and investing strategically to strengthen our position in the markets we serve.<\/span><\/p>\n More information on David Gitlin (Chairman and Chief Executive Officer, Carrier):<\/strong> https:\/\/www.corporate.carrier.com\/our-company\/leadership-team\/<\/a> + https:\/\/www.linkedin.com\/in\/david–gitlin\/<\/a> <\/p>\n <\/p>\n More information on United:<\/strong> https:\/\/www.united.com\/en\/gb<\/a> + United’s shared purpose is “Connecting People. Uniting the World.” <\/p>\n At United, Good Leads The Way<\/a>. With U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York\/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers, and is now the largest airline in the world as measured by available seat miles.<\/p>\n United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol “UAL”. <\/p>\n More information on Scott Kirby (Chief Executive Officer, United):<\/strong> https:\/\/ir.united.com\/management\/j-scott-kirby<\/a> + https:\/\/www.linkedin.com\/in\/jscott-kirby\/<\/a> <\/p>\n More information on Lauren Riley (Chief Sustainability Officer, United):<\/strong> https:\/\/www.linkedin.com\/in\/lauren-riley2\/<\/a> <\/p>\n <\/p>\n More information on the U.S. Inflation Reduction Act (IRA):<\/strong> https:\/\/www.epa.gov\/green-power-markets\/inflation-reduction-act<\/a> + https:\/\/www.wri.org\/update\/brief-summary-climate-and-energy-provisions-inflation-reduction-act-2022<\/a> + The Inflation Reduction Act of 2022 (IRA) is the most significant climate legislation in U.S. history. IRA’s provisions will finance green power, lower costs through tax credits, reduce emissions, and advance environmental justice. <\/p>\n\n
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