▲Kim Han-jun, CEO of Johnson Controls Korea (Photo courtesy of Hoffman Agency)

Emphasize differentiated expertise, open blue platform, and ESG initiative capabilities
CEO Kim Han-jun: “We will visualize results through various strategies in 2024”

Johnson Controls International Korea (hereinafter referred to as Johnson Controls Korea) announced its 2024 fiscal year business core strategy and its goal to increase its market share by demonstrating leadership in the domestic building solutions market.

Johnson Controls Korea held a press conference on the 13th to introduce its business performance and present its business goals and direction for 2024 under the theme of ‘Johnson Controls DOEs Build the Future.’

The DOEs mentioned above are △Differentiated expertise and solutions (Domain Knowledge), △OpenBlue, an open platform embracing diversity, and △ESG initiative.

CEO Kim Han-jun explained that during his first year in office, he focused on laying the foundation for business growth at Johnson Controls Korea and that he would continue to achieve healthy growth by implementing various business strategies based on this.

CEO Kim emphasized ‘Differentiated Expertise (Domain Knowledge)’ as the first keyword for Johnson Controls Korea’s business.>
As an industry leader, Johnson Controls has nearly 140 years of global experience and expertise, backed by more than 9,200 patents and 100,000 experts worldwide.

Johnson Controls provides solutions for 90% of iconic buildings representing countries and regions, and has built various cases in Korea, including Lotte World Tower, a pharmaceutical company factory (GMP), large marts, and warehouses.

This means that Johnson Controls Korea is expanding its footprint in Korea and can apply solutions based on its extensive knowledge and expertise in building various solutions and technologies.

In the future, Johnson Controls Korea plans to support disaster prevention, security and protection, energy and operational efficiency, connectivity and integration, and improved user experience for various buildings including data centers, airports, and complex commercial facilities based on its expertise in the smart building field.

Kim Hyun-soo, Executive Director of Business Development, who took over the presentation, chose ‘OpenBlue’ as the second keyword.

▲Kim Hyun-soo, Managing Director of Johnson Controls Korea (Photo provided by Hoffman Agency)

OpenBlue is a platform that Johnson Controls uses to combine digital technologies such as AI, IoT, and machine learning with existing building solutions to support sustainability, energy efficiency, and carbon reduction.

Johnson Controls through the OpenBlue platform We are actively participating in achieving corporate carbon neutrality and renewable energy goals and solving climate change.

To date, Johnson Controls has helped customers in over 2,000 locations in 150 countries reduce approximately 37 million metric tons of carbon dioxide emissions and save more than $7.8 billion in energy and operating costs.

Kim Hyun-soo, executive vice president, announced plans to provide a strengthened OpenBlue through the acquisition of FogHorn and FM:Systems in 2024.

Executive Director Kim Hyun-soo announced a guide for carbon-reducing buildings, citing the following as key elements: long-term and continuous policies; and continuous collection and accumulation of building data.

Johnson Controls International has been involved in the Empire State Building's carbon reduction project since 2007, contributing to double-digit savings through energy and carbon reductions throughout the building.

“The Empire State Building, which was completed 100 years ago, is more energy efficient than recently built buildings in Korea,” said Kim. “This building saved $40 million over 10 years through the project that Johnson Controls participated in.”

Johnson Controls Korea chose 'ESG' as the final keyword and stated that it recognizes its responsibility for the environment and society based on expertise and innovation and continues to maintain its commitment to ESG principles.

Johnson Controls plans to contribute to decarbonizing the buildings sector by reducing operational emissions by 55% and customer emissions by 16% by 2030.

It also aims to achieve carbon neutrality by switching to 100% renewable energy use in the building sector, which accounts for more than 40% of global carbon emissions, by 2040.It was revealed in a table.

Johnson Controls Korea will continue this by providing a guide for carbon-reducing buildings in Korea to support domestic customers in reducing the carbon emissions of buildings and achieving carbon neutrality, thereby creating a future for sustainable buildings in Korea.

Kim Han-jun, CEO, said, “For Johnson Controls Korea, fiscal year 2024 is expected to be an important year in our journey to provide more sustainable and connected building solutions. With Johnson Controls’ domain knowledge and OpenBlue platform, we will continue to make actionable efforts for ESG in the smart building solution sector.”

Meanwhile, Johnson Controls Korea has accumulated over 57 years of experience in firefighting, disaster prevention, and disaster prevention as of 2023, and over 20 years of experience and technology in building automation control and refrigeration and air conditioning business. Based on this, it has supplied stable and reliable products and solutions in Korea in the HVAC, automation control, security, firefighting, disaster prevention, and service business sectors.