• The two entities will deploy joint research programs to enhance local capabilities in energy and sustainability
  • Honeywell launches dedicated Sustainable Energy Training Program to enhance building sustainability

RIYADH, Saudi Arabia, June 13, 2022 – Honeywell (Nasdaq: HON) today announced a strategic collaboration agreement with Alfaisal University in Saudi Arabia, with the aim of driving greater sustainability in buildings and supporting the Kingdom’s ambition of reaching net zero carbon emissions by 2060.

As part of this agreement, Honeywell Building Technologies and Alfaisal University’s College of Engineering will design and deploy joint research programs to enhance the sustainability of buildings through advanced energy projects.

“We’re proud to be collaborating with Honeywell to support the Kingdom’s environmental, social and governance (ESG) and net zero goals. This agreement will help us enhance our position as a leading research institute that supports knowledge exchange and improves the opportunities available for our graduates in their chosen professions,” said Dr. Maha Al Saud, vice president for external relations of Alfaisal University.

“We look forward to working with Saudi Arabia’s Alfaisal University to develop local talent and enhance the knowledge and skills for executing energy projects in our efforts to advance the industry’s capabilities and understanding of ready-now technologies,” said Abdullah Al-juffali, president, Saudi Arabia and Bahrain, Honeywell.

Honeywell will also launch the Sustainable Energy Training Program, which will provide a sustainable source of qualified energy professionals and auditors to help support Honeywell’s energy projects in the region. The training program augments the company’s expanding capabilities in creating solutions to increase sustainability of buildings. Alfaisal University will work with Honeywell as the first education partner for this unique program. The two entities will jointly create the Honeywell Sustainability and Energy Training Program to support learners and enhance local capabilities.

The program will engage participants in the principles of energy and sustainability, as well as how to effectively evaluate energy problems, assess the cost and benefits of various sources of renewable energy and calculate consumption. They will also be involved in understanding building materials, systems, and methods of construction, recommend best strategies to achieve sustainable, energy efficient and healthier buildings and eventually perform actual audits of energy use in building structures.

In a recently commissioned YouGov research, more than 300 business leaders and decision makers in the region were surveyed to understand the awareness, challenges and priorities of sustainability policies. Overall, the findings indicate that energy management tops the list of priorities, with almost 90% of respondents saying ESG considerations are important to their organization’s strategy. The top reason among respondents in the Kingdom of Saudi Arabia for this was cost reduction.1

“The launch of the Sustainable Energy Training Program is a testament to our commitment to the Kingdom in supporting localization and initiatives such as in-Kingdom Total Value Add Program (IKTVA) and net zero by 2060, whilst expanding our cooperation with the private sector. It will help develop local talent and grow capabilities for the implementation of sustainable energy projects in the country,” concluded Al-juffali.

Honeywell’s investment in local talent will support Saudi Aramco’s IKTVA Program by growing local industries and providing upskill training and jobs to Saudi Arabian citizens.

Alfaisal University is a private, not-for profit, research and teaching university ranked 201-250 globally, the first in Saudi Arabia and the Arab world. In 2021 it was placed 9th in the World’s Best Small Universities (Times Higher Education (THE) Young University Rankings. The University aims to provide world-class graduate programs and deliver creative research endeavors that contribute to the development of a knowledge-based economy, that fosters entrepreneurships, community partnerships and international cooperation.

Saudi Arabia and Saudi Aramco’s IKTVA program aim is to achieve 70% localization of production and jobs, supporting the goals of Saudi Vision 2030. Honeywell’s strategic plans in Saudi Arabia are closely aligned with the 2030 vision. Active in Saudi Arabia for more than 70 years, Honeywell continues to play a vital role in supporting and advancing the Kingdom’s industries through the local development and manufacturing of technologies.

Photo captions

Photo 1: Honeywell and Alfaisal University sign a strategic collaboration to drive greater sustainability in buildings, supporting the Kingdom’s Net Zero 2060 target. The agreement will see the two entities design and deploy joint research programs to enhance the sustainability of buildings.

(Right to Left)

  • Abdullah Al-juffali, President, Saudi Arabia and Bahrain, Honeywell
  • Phil Daniell, Vice President and General Manager, Honeywell Building Technologies, Middle East, Turkey and Africa
  • Mohammed Mohaisen, CEO and President, Honeywell High Growth Regions, Middle East and North Africa
  • Doug Wright, CEO and President, Honeywell Building Technologies
  • Her Royal Highness Dr. Maha Al Saud, Vice President for External Relations of Alfaisal University
  • Dr Muhammed Anan, Dean, College of Engineering, Alfaisal University

Photo 2: Senior leaders from Honeywell and Alfaisal University celebrate the strategic collaboration that will see the formation of the Honeywell Sustainable Energy Training Program. This will develop local talent and provide a sustainable source of qualified energy professionals.

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1: Honeywell research conducted in 2021 by YouGov among business leaders and decision makers covering different sectors of industry across three markets: UAE, KSA and Egypt.

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, more sustainable 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.