Johnson Controls Ties Sustainability Goals to its Line of Credit
Johnson Controls became “…one of the first industrial companies to tie its senior revolving facilities to specific sustainability metrics in the U.S. syndicated loan market” when it incorporated sustainability into its existing business practices.
Those sustainability metrics are aligned with the greenhouse gas emission reductions the company is able to achieve from energy efficiency and renewable energy customer projects, greenhouse gas emissions reductions the company is able to achieve from its internal operations, and the safety of Johnson Controls employees. At the time of the original article, there were 18 banks that agreed to this sustainability line of credit.
George Oliver, chairman and CEO stated, “our products and services empower our customers and communities to consume less energy and conserve resources; that is why I am proud this industry-leading commitment tied to our lone of credit demonstrates that sustainability is at the heart of our vision and values.”
This directly aligns with Noodle.ai’s belief that any company can be profitable while also being sustainable.
We have created a suite of applications for manufacturing and supply chain that help companies like Johnson Controls realize value in their data and cut back on waste while being profitable.
Now is the right time to incorporate AI into your current operating systems to get ahead in your industry in what appears to be a global race to “go green.”
For more information request a demo or check out our ebook “World Without Waste: Industry’s Journey from Inefficiency to Enterprise AI-Powered Sustainability.”
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