Carrier 2020 Environmental, Social & Governance (ESG) Report

Page 7

Table of Contents

Introduction

About Carrier

Innovating for a Sustainable World

Operations

Our People & Culture

Communities

Governance

ESG Indices

Our History 102-1, 102-2

Carrier is built on a legacy of innovation, beginning with our founders. This culture of innovation supports our core strategy of developing smart, sustainable and efficient solutions to meet the complex challenges resulting from the megatrends of urbanization, climate change and increasing requirements for food safety driven by the needs of our growing global population, rising standards of living a ​ nd increasing energy and environmental regulation.

Willis Carrier designed the first modern airconditioning system in 1902 – an invention that would go on to fundamentally change the world.

Jeremiah and Charles Chubb started their own lock company in 1820, and their work has set the standard for lock technology since the 19th century.

Robert Edwards obtained the first patent for an electric bell in 1881, with his company growing to encompass the largest industrial original equipment manufacturer and commercial installed base of signaling devices in the world.

Walter Kidde produced the first integrated smoke detection and carbon dioxide extinguishing system for use on board ships. Today Kidde is one of the world’s largest manufacturers of fire safety products.

Carrier 2020 Environmental, Social & Governance Report | 7


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