Investing in opportunities related to energy efficiency and
environmental sustainability in buildings, industrial processes and
transportation around the world fuels our growth strategy.
HVAC and lighting systems are a great opportunity to reduce energy consumption in commercial, industrial and residential buildings – which account for nearly half of global energy consumption. As a company at the forefront of sustainability, developing energy efficient solutions is core to our business strategy. Today, approximately 25% of our revenue is from products and services that contribute to the clean energy transition. One example of our work with customers was with Honeywell. We provided an efficient, cost-effective solution for cooling the world’s largest undersea tunnel, the Channel Tunnel. The system saved enough electricity to power 1,000 households after just one season of operation.