2030 GOALS

Our 2030 goals underscore Carrier's commitment to the things that matter and to continuously challenge ourselves to think bigger and to be better. Expanding on three decades of environmental targets, our goals include measures to reduce impact on our planet, and support our people and our communities through sustainable solutions, investments and practices. We strive to be a catalyst for positive and sustainable change as we innovate, empower our people and operate with integrity. That is The Carrier Way.

Carrier received validation of our near- and long-term greenhouse gas emission-reduction goals in line with the Science Based Targets initiative to limit global warming to 1.5°C above pre-industrial temperatures. In accordance with this initiative, we unveiled our road map to achieve net-zero greenhouse gas emissions across our value chain by 2050.

Planet

Climate change is among the most significant issues facing humanity. Buildings are estimated to account for approximately 21% of global greenhouse emissions.¹ Approximately 20% of all food produced for human consumption is lost or wasted every year, generating approximately 10% of global greenhouse gas emissions.²

Achieve net-zero greenhouse gas (GHG) emissions across our value chain by 2050.

Reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, from a 2021 baseline.

Reduce absolute Scope 3 GHG emissions by 25% by 2030, from a 2021 baseline.

Invest over $4B to develop intelligent climate and energy solutions that reduce environmental impacts.

Avoid more than 1 gigaton of customer greenhouse gas emissions.

Achieve carbon neutral operations.

Reduce energy intensity by 10% across our operations.

Deploy water stewardship programs across our global operations, prioritizing water-scarce locations.

Divert more than 95% of operational waste from landfill disposal.

People

Our diverse ideas and perspectives are our greatest source of innovation. We are a company of innovators and problem-solvers who are united by The Carrier Way – our vision, values and culture.

Exceed benchmark employee engagement.

Aspire to have an inclusive and diverse workforce that represents the communities in which we live and work.

Foster the growth of Employee Resource Groups to drive social impact.

Achieve world-class safety performance: 0.25 total recordable incident rate and 0.10 lost-time incident rate.

Communities

Carrier supports organizations that promote planet, people and communities in which we live, work and operate. We strive to bring our unique knowledge and expertise to communities where we can have the greatest impact.

Promote sustainability and positively impact communities and our workforce through education, partnerships, programs and volunteering our time and talent.

¹UNEP Global Status Report for Buildings and Construction.
²UNEP Food Waste Index Report 2024.

Cautionary Statement:

This webpage contains forward-looking statements (including statements that constitute forward-looking statements under the securities laws). These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax rates and other measures of financial performance or potential future plans, strategies or transactions of Carrier, statements with respect to current and future potential implications of corporate social responsibility and sustainability topics, Carrier’s Sustainability and Impact initiatives (including its climate-related matters and goals) and other statements that are not historical facts. Many of these forward-looking statements are based upon certain assumptions, estimates, developing standards and assessments made by our management in light of their experience and perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. Furthermore, all forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. These risks include macroeconomic factors and megatrends, limitations and uncertainties inherent in climate and sustainability science (for example, estimation limitations in metrics related to Carrier’s estimated emissions, including Scope 3 emissions, and other risks and uncertainties discussed in Item 1A of Carrier’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023). For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. The forward-looking statements speak only as of the date. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Additional information as to factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements is disclosed from time to time in our other filings with the Securities and Exchange Commission (SEC). Inclusion of information on this webpage is not an indication that the subject or information is material to our business or operating results.

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2024 SUSTAINABILITY AND IMPACT REPORT

Carrier’s 2024 Sustainability and Impact Report covers performance for calendar year 2023.

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Advancing Toward 1 Gigaton

The urgency of climate change requires us to be bold, to innovate and to disrupt. The future demands it. See how we are reaching our Gigaton Goal.

ROAD MAP TO NET ZERO

We’re transforming our business and taking aggressive action to address climate change and achieve net zero emissions from the development and operation of our products by 2050.