LOADING

Type to search

Honeywell Hosts 2022 Investor Conference, Provides Updated Growth and ESG Strategy, and Enhances Long-Term Financial Framework

Honeywell Hosts 2022 Investor Conference, Provides Updated Growth and ESG Strategy, and Enhances Long-Term Financial Framework

Honeywell will host its annual investor conference at the company’s Charlotte, N.C., headquarters today. The leadership team will provide details on the company’s strategic priorities that will drive the next phase of growth led by accelerating transformation efforts, major breakthrough initiatives, increasing software and recurring sales mix, and end-market tailwinds.

The company will speak with investors today about the following:

  • The strength of the Honeywell Value Creation Framework
  • Anticipated growth acceleration and enhanced margin expansion
  • Upgrades to the company’s long-term financial framework, combined with higher capital deployment commitments
  • An even stronger alignment to improved environmental, social, and governance outcomes and disclosures
  • Reaffirming first quarter and full-year 2022 guidance

“While 2021 was another difficult year as we navigated through the prolonged pandemic and significant supply chain challenges, our relentless focus on operational execution, value creation framework, and investments in disruptive technologies have positioned us well to address the world’s increasing demand for digital transformation, process technology, and sustainable solutions,” Adamczyk said. “Today, we turn our focus to the next phase of Honeywell’s growth, including driving innovation that builds on our long-standing expertise in controls, automation, and software, and successful breakthrough initiatives, such as Quantinuum and Sustainable Technology Solutions, which have now graduated into freestanding, high-growth businesses.

“Looking ahead, our rigorous operating principles, end market tailwinds in higher margin businesses, and increasing impact of innovation will drive higher margin expansion off of a structurally lower fixed cost base,” continued Adamczyk. “We have a track record of disciplined, high-return capital deployment, and we are increasing our capital deployment commitments to achieve faster growth and innovation, while delivering significant value to our shareholders, now and in the future.”

See related article: Fieldguide Announces $17 Million 8VC-Led Series A to Establish New Industry Standard for Audit and Advisory’s Most Complex Issues like Cybersecurity and ESG

Adamczyk added, “Importantly, we recognize the crucial role we play in enabling the energy transition, and we will continue to lead that evolution as our investment priorities remain focused on innovative solutions that improve environmental and social outcomes for customers. Building on that strong foundation, we intend to strengthen our overall ESG commitments during our discussion today.

“We are raising our long-term financial framework, including our organic growth, margin expansion, and long-term segment margin targets, to reflect our confidence in Honeywell’s ability to accelerate growth and deliver value for shareholders. This is an exciting time to be part of Honeywell, whether you are an employee, a customer, or a shareowner,” Adamczyk concluded.

Topics

Related Articles

Leave a Comment

Your email address will not be published. Required fields are marked *

LOADING

Type to search

Blog

Image of official Toronto Climate Week logo nad icon in reverse white text over blue background
PwC Survey Finds Rising Pressure and Value in Corporate Sustainability Reporting
IBM Launches API to Embed Emissions Data into Corporate and Vendor Tools
Founder Group to Build $2.76B Solar and Storage Complex in Sarawak
Germany Delivers Nearly $14 Billion in Climate Finance for 2024
Standard Chartered Backs L&T with $700M Sustainability-Linked Trade Financing
MAS Appoints Abigail Ng as New Chief Sustainability Officer
ESG News WEEK IN REVIeW 21 Sept - 28 sept
OXCCU Secures $28 Million to Scale Carbon-to-Fuel Technology for Aviation
Dutch Startup Brineworks Secures $7.3M to Scale Direct Air Capture for e-Fuels
Becky Park-Romanovsky on Building Toronto Climate Week and Canada’s Climate Future
DHL, Hapag-Lloyd Expand Use of Sustainable Marine Fuels to Cut Supply Chain Emissions
EU Pushes Back Supply Chain Deforestation Rules by One Year
California Names 4,000+ Companies Facing Mandatory Climate Disclosures
Levi Strauss and Schneider Electric launch supply chain renewable energy accelerator in India
EFRAG Maps Digital Tools to Advance SME Sustainability Reporting
Watershed Launches AI-Driven Product Footprints to Tackle Scope 3 Supply Chain Emissions
PRI Awards 2025 Spotlight Responsible Investment Leaders
Frontier Launches Rail-Based Carbon Management Platform for Ethanol Sector
UK Signs Contracts for First Commercial Carbon Capture Projects
","session_id":"ep-sess-1760244865-tS3WWWha","page_url":"https:\/\/esgnews.com\/honeywell-hosts-2022-investor-conference-provides-updated-growth-and-esg-strategy-and-enhances-long-term-financial-framework\/","post_id":"8838","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */