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Resideo Technologies Releases Inaugural ESG Report

AB ESGReport2021

Resideo Technologies Inc., a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today released its inaugural Environmental, Social and Governance (ESG) report. The comprehensive report highlights the Company’s sustainability journey since its formation in 2018, specifically covering its efforts to advance the Company’s Purpose, to partner in lock step with customer responsibility goals, and to invest further in its people.

“This report is the culmination of a company-wide effort to identify our most pressing ESG priorities and challenges, develop a comprehensive framework for operationalizing our ESG commitments and track our progress, and ultimately provide greater transparency to our stakeholders regarding our ESG journey,” said Jay Geldmacher, Resideo’s president and CEO. “We believe this focus on sustainability is a key element of our vision to help protect what matters most. We are a purpose-driven company and recognize the strong connection between ESG and business performance.”

Key highlights from Resideo’s 2021 ESG report include:

  • Introduces Resideo’s corporate ESG framework and Green Horizons, an emerging internal qualification standard for sustainable product offerings.
  • Resideo achieved silver medal status by EcoVadis, a leading global Corporate Social Responsibility and sustainable procurement rating platform, placing us in the top 25% of our peer category
  • ADI Global Distribution awarded Mission 500 Corporate Social Responsibility honor.
  • Resideo estimates that more than 50% of our revenue from Products & Solutions comes from HVAC products that can contribute to, or can result in, energy savings in homes or buildings.
  • Resideo’s smart thermostats helped customers save 1.6 million metric tons of Carbon Dioxide Equivalent, comparable to the energy used by nearly 200,000 homes for one year.
  • Resideo water leak detectors helped save $2.6 million in insurance claims and 2.4 million gallons of water in 2021.
  • Resideo is a social impact partner to leading organizations, including the Building Talent Foundation and Habitat for Humanity International.

Resideo’s ESG mission and strategy incorporate five specific actions, aligned to our key commitment to contribute to a better world.

  • Environmental – Innovate: innovating sustainable offerings in water, air, energy and security for homes and buildings; Reduce: working toward reducing our environmental impact through our own Resideo footprint.
  • Social – Commit: committing to an equitable, safe, and nurturing work environment; Impact: improving the future of organizations, partners, and individuals through positive impact in our communities.
  • Governance – Trust: driving a foundation of trust in the market through fair and ethical governance.

More information about Resideo’s sustainability journey can be found at www.resideo.com/sustainability, where the Company’s 2021 ESG report is available for download.

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