Fortune's Change the World list recognizes companies that use creative tools to address society's unmet needs and is evaluated based on measurable social impact, business results and degree of innovation.
Johnson Controls' heat pumps use electricity to efficiently move heat, rather than burn fuel.
Heat pumps, which boost energy efficiency by three to eight times, are a critical tool for reducing greenhouse gas emissions.
"Urgent climate action is needed to make sustainable buildings an immediate reality," said George Oliver, chairman and CEO of Johnson Controls. "Johnson Controls is proud to deliver the technologies, financing and innovation to help drive the progress needed in tackling climate change, supporting the sustainability journeys of our customers while lifting up people and the planet. It's an honor to be included on the Fortune Change the World list, helping elevate transformative heat pump technology to accelerate positive change."