Table of Contents
Introduction
About Carrier
Innovating for a Sustainable World
Operations
Our People & Culture
Communities
Governance
ESG Indices
Accountability & Transparency Climate Resiliency Climate change affects everyone differently. Extreme weather and climate events are usually isolated to specific geographies, disproportionately affecting those with less infrastructure to combat these challenges. While we work to mitigate and avoid emissions around the world, we also have a responsibility to understand how climate change affects our business. For this reason, we are conducting a comprehensive climate risk assessment –
Global demand for residential air conditioning is expected to grow
3X
over the next 30 years.
consistent with the Taskforce on Climate-related Financial Disclosures (TCFD) reporting framework – to determine the impact climate change is having on Carrier. We expect to disclose in our CDP disclosure and 2021 Environmental, Social & Governance Report. We have committed to do our part to reduce the climate impact of our operations and products, which is consistent with the Science-Based Target initiative.
We also support charitable organizations that seek to increase the resiliency of communities in addressing the physical and transitional impacts associated with climate change. For example, we support The Nature Conservancy’s initiatives that help cities around the world become more resilient to meet the challenges of a changing climate.
The global demand for residential air conditioning is expected to more than triple over the next 30 years, and in an effort to reduce the climate impact associated with this growth, Carrier has joined Global Cooling Prize. This competition challenges the industry to reduce its climate impact, and to significantly improve the efficiency of current cooling solutions while maintaining affordability.
Carrier 2020 Environmental, Social & Governance Report | 22
