Press

Honeywell and United Nations Environment Sign Strategic Partnership Agreement


Agreement supports access to affordable and clean energy for all, and need for urgent action to combat climate change and its impacts

Honeywell (NYSE: HON) has announced the signing of a Memorandum of Understanding (MOU) with the United Nations (UN) Environment to help promote sustainable economic development and raise awareness on the importance of increasing energy efficiency in the region.

The signing took place at Honeywell's regional headquarters in Dubai and was completed by Erik Solheim, executive director, UN Environment, and Norm Gilsdorf, president, Honeywell High Growth Regions, Middle East, Russia, Turkey, and Central Asia. As part of the MOU the two entities will support the United Nations' Sustainable Development Goals (SDGs) 7 and 13, which aim to provide affordable and clean energy for all, and to take action to combat climate change and its impacts, respectively. In addition, the MOU will focus on experience-sharing and programs to build capacity and enhance the contribution of the private sector in protecting the environment.

Speaking at the signing ceremony Solheim said, “UN Environment is the world's leading environmental authority, tasked with promoting sustainable development through partnerships that protect our planet and inspire positive change. By working with Honeywell and others in the private sector, together we can take urgent action to combat climate change while delivering affordable and clean energy for all.”

Commenting on the agreement, Gilsdorf said, “At Honeywell, we're blending physical products with software solutions to connect people and businesses to the information they need to be more efficient and more productive every day. With nearly half of our annual revenue linked to energy efficiency technologies and solutions, we are helping the world face its energy challenges, and we are proud to work closely with UN Environment to raise awareness around climate change and energy clean energy.”

             “Honeywell is committed to developing technologies and solutions that help our customers and stakeholders become environmentally friendlier, safer and more sustainable,” said Julien Soulet, vice president and general manager for Honeywell Fluorine Products EMEA. “This strategic partnership with UN Environment allows us to support the Middle East region's push to phase out ozone-depleting substances, like hydrochlorofluorocarbons (HCFCs), as well as high-global-warming-potential (high-GWP) substances such as hydrofluorocarbons (HFCs) through the use of low-global warming alternative solutions such as hydrofluoro-olefins (HFOs).”

Worldwide adoption of Honeywell low-global warming HFC alternative solutions, known collectively as the Solstice® product suite, has resulted in the reduction of more than 60 million metric tons of greenhouse gases to date, equal to eliminating emissions from more than 12 million cars. Honeywell and its suppliers have completed a $900 million investment program in technology development and new capacity based on Honeywell's HFO technology, which helps customers lower their carbon footprint without sacrificing end-product performance. For more information, please visit https://fluorineproducts-honeywell.com.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://honeywell.com/newsroom

HoneywellUnited NationsUNpartnership agreementMOUNYSEEnvironment

More items from oilvoice


Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice


Posted 5 months agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 5 months agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Total Announces the Distribution of its Second 2018 Interim Dividend

The Board of Directors met on December 12, 2018 and declared  the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board's decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to t ...

OilVoice Press - OilVoice


Posted 5 months agoPress > TotalDividend
All posts from oilvoice