Carrier 2020 Environmental, Social & Governance (ESG) Report

Page 15

Table of Contents

Introduction

About Carrier

Innovating for a Sustainable World

Operations

Our People & Culture

Communities

Governance

ESG Indices

Decarbonization Our Approach Our materiality assessment reaffirmed our focus on Innovation & Efficiency and Climate Change as two key areas of opportunity for reducing carbon emissions across our value chain. Within our value chain, the largest opportunity for GHG reductions is within the use of our products. In order to reduce our carbon footprint and align with our business priorities, we are committed to:

• Increasing our focus in R&D. Energy efficiency technologies and the transition to low-global warming potential (GWP) refrigerants will help reduce the greenhouse gas emissions associated with our products in use. • Extending cold chains in emerging markets. Embedded emissions from food waste, which account for approximately 4.4 gigatons of GHG emissions globally each year, can be reduced through the adoption of cold chain technologies.

• Expanding our reach into service. Optimizing product performance to help our customers realize energy and GHG savings. • Accelerating the move to Digital. Exploring machine learning and IoT connects products into intelligent systems that learn from user habits and adjust automatically, improving the efficiency of operations.

EcoEnergy Insights EcoEnergy Insights is a leading provider of analytics-driven energy management and business outcome services, and part of the Carrier portfolio. It recently launched CORTIX, an advanced artificial intelligence and IoT platform that focuses on strategies to reduce operational costs, improve occupant comfort and safety, and inform smart equipment selections and upgrades. In November 2019, EcoEnergy Insights surpassed the milestone of over 3 billion kWh in overall total energy consumption reduction delivered to customers. EcoEnergy Insights was also recognized by Frost & Sullivan with its Frost Radar® best practices award for Growth, Innovation and Leadership in the global building energy management system (BEMS) segment.

Carrier 2020 Environmental, Social & Governance Report | 15


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.