NYSE: WSO  
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Committed to what matters most
Building a future where our customers, consumers and the planet can thrive

As the HVAC distribution industry leader, we recognize our responsibility in driving the transformation of the industry towards a lower carbon future. Our goal is to lead the transition to low carbon, high efficiency HVAC units and heat pumps for millions of homes and businesses across the markets we serve. We recognize how critical this is for the future of our planet and how significant it is to our stakeholders. These are some of the areas where we are focusing on to have the greatest impact.

Sustainable products
& solutions

>840K

High efficiency ductless units sold in 2023

>700K

Heat pumps sold in 2023

Watsco companies sell a wide variety of products that help consumers and businesses reduce their carbon footprint by electrifying their heating, lowering their energy consumption and improving air quality. These products include heat pumps, high efficiency heating and cooling systems, indoor air quality products, smart thermostats and IoT devices that track AC health and water use. In 2023, Watsco companies trained over 20,000 technicians through more than 790 courses. In 2023, our sales of Energy Star products exceeded $1.7BN.

Technology that
empowers

55,000

Unique monthly users on our mobile apps in 2023

77%

Of equipment sales in OnCall Air in 2023 from major brands were 17 SEER +

We have built solutions that help contractors sell, finance, install and service high efficiency systems and eco-friendly accessories. Our mobile app empowers technicians to access technical support ensuring products are properly installed and refrigerants don’t leak. Our digital sales platform, OnCall Air, helps contractors sell high efficiency products while helping consumers get access to financing  so they can make better choices.

Operational
efficiency

>900

Electric forklifts and 2 electric vans are in use at our branches

$2.4 billion

in e-commerce sales

Watsco has implemented a carbon accounting system and the necessary tracking capabilities to manage and reduce our scope 1, 2 and 3 emissions. We have already taken steps to reduce our energy consumption including the installation of LED lighting and VRF systems at some of our branches, the electrification of our forklifts and vans, and the tracking and optimization of delivery routes for our trucks. We are currently developing an abatement plan and setting internal decarbonization goals. 

Our Impact

0
Metric Tons

Averted from the sale of high efficiency equipment from January 2020 – January 2024

That's the equivalent of:

Taking 4.4M vehicles off the road for 1 year

45.2 million barrels of oil consumed

Carbon sequestered by 23.3M acres of U.S. forests in one year

0
Gallons of water

Saved through Alert Labs’ water monitoring products from August 2019 – January 2024

Gallons of water saved and CO2e savings are estimated based on a methodology developed in collaboration with a third-party environmental consultancy, EnviroStewards. Calculations reflect real-world scenarios wherein Alert Labs technology significantly contributed to the early detection of water leaks and prevention of water damage. Some of the factors considered include: leak volume; proportion of heated vs unheated water; water source: surface vs ground; type of power generation at building location and its impact on the environment. For more information, contact info@alertlabs.com.

That's the equivalent of:

Taking 4.4M vehicles off the road for 1 year

45.2 million barrels of oil consumed

Carbon sequestered by 23.3M acres of U.S. forests in one year

Our Commitment in Action

The initiatives we have launched to support our commitment have resulted in significant positive changes that we are proud of.

Alert Labs Wins Deloitte’s Technology Fast 50™ Clean Technology Award

Alert Labs Wins Deloitte’s Technology Fast 50™ Clean Technology Award

Alert Labs’ revolutionary technology, exemplified by CEO Bob Wasserman, has seamlessly integrated proprietary …

Our Business is a Major Catalyst for CO2e Reduction

Watsco’s sales of high efficiency equipment from January 2020 – December 2022 have averted 15.8 M MT from entering the atmosphere.

Technology that helps consumers make the right choice

OnCall Air has helped Ductworks grow their average ticket by 15% making it easier to convey the value of high efficiency equipment.

College Saves Water and Lowers CO2e with AlertAQTM

With Flowie installed across four different campuses, Fanshawe College was able to save $100,000 a year while lowering CO2e emissions.