Table of Contents
Introduction
About Carrier
How we design, build and operate has profound implications for our planet. We believe that climate change is the existential threat of our time, with implications for where we live, what we eat and drink, and our health. Buildings are responsible for 28% of global energy-related greenhouse gas emissions (GHG), of which HVAC is responsible for a fast growing, energy consuming activity. This represents the potential for smart, sustainable innovation – to which we are fully committed. By 2030, the global middle class is expected to increase by 50%. By 2050, nearly 70% of the world’s population will be living in urban centers. This migration presents unique challenges
Innovating for a Sustainable World
Operations
Our People & Culture
as urban centers become more densely populated, straining natural resources, the food supply and the infrastructure. As summers grow hotter, so does the need for access to affordable and sustainable cooling for health and wellbeing. Urbanization will also further separate people from where food is produced, requiring sustainable cold chains to improve efficiency and reduce food waste. Simply put – food waste is a climate change issue. If food waste were a country, it would be the third largest emitter of GHG, behind the U.S. and China. We share the urgency for action and continue working toward solutions to help mitigate these impacts.
Communities
Governance
ESG Indices
Our Sustainable Innovation Strategy 302-2, 302-5 Our Sustainable Innovation Strategy
We are committed to: • Decarbonization: Developing solutions and technologies that reduce energy consumption and greenhouse gas emissions, and preserve resources for future generations. • Research & Development: Investing in research and development, uncovering insights and creating the newest technological innovations for more sustainable solutions. • Accountability & Transparency: Continuing to establish aggressive climate change goals and disclosing our progress in accordance with industry-leading reporting frameworks. • Policy & Partnerships: Partnering with industry-leading groups and international organizations to drive large-scale climate action across continents.
Carrier 2020 Environmental, Social & Governance Report | 14
