Company Profiles
Portfolio 21 Holdings
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Johnson Controls
United States
Johnson Controls is a diversified company with three business divisions: Building Efficiency, Power Solutions, and Automotive Experience. The company's greatest environmental strength is its understanding of climate change risk and the associated opportunities for Johnson Controls' business divisions. As limits on greenhouse gas emissions increase throughout the world, the company believes demand for its products and services will increase. For example, Johnson Controls provides products and services to make buildings more efficient, manufactures lighter vehicle parts to enhance fuel efficiency, develops lithium-ion batteries for hybrid vehicles, and provides renewable energy solutions. Johnson Controls recognizes that buildings account for up to 40% of total energy use worldwide. The company's building efficiency products and services provide significant environmental benefits while also generating favorable cost savings for clients. The company recently created a joint venture, Johnson Controls-Saft opening the world's first lithium-ion hybrid battery facility in Nersac, France to support the development of lithium-ion battery systems for plug-in hybrid electric vehicles. Internally, Johnson Controls has a strong greenhouse gas reduction strategy. The company assisted the United States Green Building Council in developing its Leadership in Energy and Environmental Design (LEED) rating system. Although Johnson Controls' environmental indicators in North America are well detailed, the company has not yet reported global data, and Portfolio 21 is asking Johnson Controls to consider making improvements in this area.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 9/30/09 and may not reflect current opinions or subsequent events.