Johnson Controls International

The European edition of the Fortune 500, ranking companies by revenue.

Fortune 500 Europe

The first-ever European edition of the Fortune 500, ranking companies by revenue. 

Fortune500_Europe

Johnson Controls International ranks 150 with $25.3 billion in revenue (up 6.9%). The Ireland-headquartered industrial machinery company has 102,000 employees and made a profit of $1.5 billion (down 6.4%).

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CTW 2023-Johnson Controls

The construction and operation of the planet’s buildings account for up to 40% of annual global CO2 emissions—and much of that is related to the energy it takes to heat and cool them. Johnson Controls is innovating with a technology to curb this problem: the heat pump. Heat pumps can typically heat or cool a building using only about one-third as much energy as conventional systems. The company’s pumps are making a difference across the globe: For example, it has provided ground-source heat pumps at the enormous Beijing Municipal Center in China, resulting in an annual reduction of natural gas consumption by up to 12 million cubic meters. In Germany, through the implementation of an effective heat pump system, the company is helping to decarbonize the city of Hamburg’s heating network, which will reduce annual CO2 emissions by about 66,000 tons. Johnson Controls’ recent acquisition of Hybrid Energy AS should help further bolster its heat pump portfolio.

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CTW.1122.Johnson Controls

The world’s buildings account for an astounding share of global CO2 emissions—roughly 40%. In 2020, Johnson Controls launched OpenBlue, a software platform that culls data about a building’s operations—including lighting, ventilation, heating, and cooling—to spot ways to lower energy usage. So far, customers are reporting 20% to 25% improvements in efficiency—savings that add up.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

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Fortune Global 500

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

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