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OFFON

HONEYWELL INTERNATIONAL INC.

(HON)
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Honeywell Receives Well Enterprise Provider Designation To Help Further Healthier Building Efforts; Designation offers Honeywell the opportunity to deliver the forthcoming WELL Performance Rating at the enterprise scale

12/03/2021 | 10:14am EST

ATLANTA - Honeywell (Nasdaq: HON) today announced it is working with the International WELL Building Institute (IWBI) to deliver a comprehensive suite of WELL solutions at the enterprise scale through its newly awarded WELL Enterprise Provider designation.

As a WELL EP, Honeywell will offer its expertise in WELL to help transform buildings to help improve quality of life, along with tailored solutions to support the growing demand for enhanced well-being for employees, customers and communities.

Through the WELL EP program, Honeywell will guide its clients to identify and implement WELL strategies at scale, helping companies meet their larger business objectives in areas such as environmental, social and governance (ESG) reporting, human and social capital management, and workplace strategy and policy. Created for organizations with demonstrated expertise in the WELL Building Standard (WELL) and related offerings, WELL EPs serve an important role in helping clients scale their efforts to promote health and well-being efficiently and effectively.

Honeywell will incorporate WELL into its Healthy Buildings offerings, inclusive of technologies like indoor air quality solutions and safety and security systems, and deploy WELL Accredited Professionals (WELL APs) as in-house experts to provide strategic guidance and streamlined support that create stronger organizations and people-first places. As an IWBI member supporting the development of the upcoming WELL Performance Rating, Honeywell will incorporate technological solutions into its new WELL EP services.

'As an industry leader that has long been on the cutting edge of promoting sustainability through building technologies, Honeywell can now integrate advanced WELL strategies and solutions into its services and help customers improve and enhance people's performance and well-being at scale,' said Rachel Hodgdon, president and CEO of IWBI. 'This new designation of WELL EP allows IWBI to work with Honeywell more closely and more efficiently to deliver the many benefits of WELL strategies across real estate portfolios and entire organizations.'

Launched in July 2021, the WELL EP program was created in collaboration with more than a dozen organizations worldwide, including consulting firms, real estate companies and design and architectural practices.

'We are proud to receive designation as a WELL EP. Helping to create healthier and safer building environments takes a collective effort and commitment, and we're excited to continue our work with the IWBI team,' said Doug Wright, president and chief executive officer, Honeywell Building Technologies. 'The importance of healthy buildings will continue to grow as more companies return to offices and occupants will have higher expectations for the environments in which they spend time.'

About Honeywell Building Technologies

Honeywell Building Technologies (HBT) is transforming the way every building operates to help improve the quality of life. We are a leading building controls company with operations in more than 75 countries supported by a global channel partner network. Commercial building owners and operators use our hardware, software and analytics to help create safe, efficient and productive facilities. Our solutions and services are used in more than 10 million buildings worldwide.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Telleen Gegner

Sr External Comms Specialist

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 34 451 M - -
Net income 2021 5 593 M - -
Net Debt 2021 8 601 M - -
P/E ratio 2021 25,1x
Yield 2021 1,88%
Capitalization 138 B 138 B -
EV / Sales 2021 4,26x
EV / Sales 2022 3,97x
Nbr of Employees 103 000
Free-Float 71,7%
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Honeywell International Inc. Technical Analysis Chart | HON | US4385161066 | MarketScreener
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Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 200,65 $
Average target price 236,80 $
Spread / Average Target 18,0%
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Managers and Directors
Darius Adamczyk Chairman & Chief Executive Officer
Gregory P. Lewis Chief Financial Officer & Senior Vice President
Krishna Mikkilineni SVP-Engineering Operation & Information Technology
Suresh Venkatarayal Chief Technology Officer
Victor J. Miller Secretary, Chief Compliance Officer & VP
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