Carrier Global : 2024 Report English

CARR

2024 Sustainability and Impact Report

Introduction

Environment

Sustainable Innovation

Social

Governance

Indices

At Carrier,

when we make changes, it changes the world.

We are empowering our customers to meet their sustainability goals while progressing toward ambitious goals of our own. We are helping meet the challenges of climate change by strategically innovating to expand our portfolio of solutions through electrification, integration and resilience. We are continuously working to improve our employees' experience and investing in our communities. As a global climate leader, we are making a positive impact on the industry we invented - and beyond - in ways that no other company can, driving measurable and meaningful progress for people, our planet and generations to come.

Carrier 2024 Sustainability and Impact Report

2

Introduction

Environment

Sustainable Innovation

Social

Governance

Table of Contents

Indices

About This Report

Introduction 3

About This Report拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 3

A Message From Our Chairman

Environment 14

Climate Change 拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 15

Water 拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 25

Waste拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 26

Sustainable

Innovation 30

Investing in Sustainable Innovation拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 31

Product Development Process拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 32 Product Responsibility拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 37

Social39

Global Workforce拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 40

Culture & Engagement拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 41

Talent & Career Development拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 42

Inclusion拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 45

Employee Well-Being拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 48

Health & Safety拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 50

Corporate Social Responsibility拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 54

Governance 57

Leadership 拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 58

Enterprise Risk Management拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 60

Environmental, Health & Safety Management拿﷿﷿61

Human Rights 拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 62

Responsible Supply Chains拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 64

Ethics & Compliance拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 66

Government Relations拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 68

Corporate Policy Manual拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 70

Indices71

Data & Frameworks 拿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿﷿ 72

GRI 2-2,2-4

Carrier's 2024 Sustainability and Impact Report covers performance for calendar year 2023. Where relevant, we include information from 2024. The information and data included in this report are based on the best available information and data at publication and are subject to change. In some cases, data is estimated.

In January 2022, Carrier sold our Chubb fire and security business. This report does not include Chubb data for 2022 or 2023; however, Chubb is included in the data provided for previous years.

In July 2022, Carrier acquired Toshiba Carrier Corp., now known as Carrier Japan Corp., a long-standing joint venture between Carrier and Toshiba. Carrier Japan Corp. is a global provider of residential and light commercial HVAC solutions, including variable refrigerant flow and heat pump products. Data from Carrier Japan Corp. has been integrated into Carrier's reporting systems and is included in this report for the year 2023. Data from Carrier Japan Corp. is also included for 2022 Scope 1, 2 and 3 only.

In 2023, we announced the planned exits of our Fire & Security segment and commercial refrigeration business over the course of 2024. This report includes data for these businesses.

In January 2024, Carrier acquired Viessmann Climate Solutions. We anticipate incorporating the data in disclosures for calendar year 2024.

This report includes, where appropriate, references to Global Reporting Initiative (GRI) Standards. We also use other recognized frameworks in this report, including the Sustainability Accounting Standards Board (SASB) Standards and the Task Force on Climate-related Financial Disclosures (TCFD).

Carrier 2024 Sustainability and Impact Report

3

Introduction

Environment

Sustainable Innovation

Social

Governance

Indices

David Gitlin

Chairman & Chief Executive Officer, Carrier

"At Carrier, we are leading our industry by driving measurable results toward a sustainable future."

I am pleased to share Carrier's 2024 Sustainability and Impact Report, highlighting our progress and commitments on our journey to becoming the global leader in intelligent climate and energy solutions. Our world is rapidly changing, and we have made significant strides in the past year to transform into a higher-growth, focused, pure- play company.

Importantly, we continue to perform as we transform, generating another year of consistent growth and margin expansion while providing innovative and sustainable end-to-end solutions for our customers.

Our 2024 report demonstrates the significant progress we have made in areas critical to our portfolio transformation's success:

Reshaping our impact

With the acquisition of Viessmann Climate Solutions, we now clearly offer a comprehensive and differentiated suite of sustainable climate technologies and services. This uniquely positions us to play a critical role in addressing our customers' sustainability goals. Powerful secular trends are changing the world's energy requirements. Our innovative initiatives, including the transition to heat pumps and electrification of the cold chain, are just a few of the many examples of how we are looking to the future to provide responsible solutions for our customers of today and tomorrow.

Climate change will increase global energy consumption as more people turn to HVAC systems for relief. We have both an obligation and an opportunity to shape our world and create a better future for generations to come. One of the ways we will do so is by investing more than $4 billion by 2030 to develop intelligent climate and energy solutions that will reduce environmental impacts. We also set ambitious greenhouse gas emission reduction goals that have been validated by the Science Based Targets initiative, including a target to reach net-zerogreenhouse gas emissions by 2050.

Innovating for tomorrow

Sustainable innovation and technological differentiation form a core pillar of our research and development strategy. We have aligned our ambitious net-zero goal to our business growth objectives. Since 2020, we have invested approximately $1 billion of our $4 billion commitment in sustainable research and development. We are creating responsive, connected environments that lay the foundation for systems to sense, think and act with unparalleled intelligence. Our leading solutions are designed to meet some of the most complex climate and energy challenges in the world.

One way we are driving exponential innovation is through our innovation incubators. In 2023, we opened four new innovation incubator

i3 Labs in the United States, India, China and Japan, enabling our teams to develop disruptive sustainable technologies that will advance our goals.

Investing in our people and serving our communities

Achieving our goals is only possible because of the dedication and talent of our people. We strive to be a catalyst for positive and sustainable change by inspiring and empowering our people to innovate and always operate with integrity. That is The Carrier Way.

Our unwavering commitment to Carrier's values and culture of excellence continues to yield significant results both inside and outside our company. In 2023, our engagement and inclusion scores exceeded benchmark, we continued to make progress on our journey to have a workforce that reflects the communities in which we live and work, and we invested more than $10 million in charitable giving and matching gifts. Operating as one Carrier, we have achieved meaningful outcomes that matter to our people, our communities and our planet.

This report highlights the great progress we have made against our bold goals. I invite you to explore our report for a deeper dive into our plans, progress and exciting path forward. We have achieved much, but there is still immense opportunity ahead. At Carrier, we are leading our industry by driving measurable results toward a sustainable future, which means a better tomorrow for generations to come.

David Gitlin

Chairman & Chief Executive Officer

Carrier

Carrier 2024 Sustainability and Impact Report

4

Introduction

Environment

Sustainable Innovation

Social

Governance

Indices

About Carrier

Carrier is a global leader in intelligent climate and energy solutions, with a diverse and world-class workforce. From the beginning, we have led in inventing new technologies and entirely new industries. Today, we continue to lead because we keep customers at the center of every product and service we offer and we act quickly to exceed their expectations. Through our performance-driven culture, we are creating long-term shareowner value by growing earnings and investing strategically to strengthen our position in the markets we serve.

$22.1B

2023 Net sales

75+

Brands

$617M

Research and development

160+

Countries

100+

New products

for the 9th consecutive year

~53,000

Employees in 2023

14,000+

Active patents

and pending patent applications worldwide

2023 Net Sales Breakdown

Net sales by business segment1

1 Segment sales include intercompany sales.

16%

17% 67%

HVAC

$15.1B

Refrigeration

$3.8B

Fire & Security

$3.6B

Net sales by region

Americas

EMEA

Asia Pacific

58%

22%

20%

Net sales mix

New equipment

Parts & service

76%

24%

Read in conjunction with Form10-K.

Carrier 2024 Sustainability and Impact Report

5

Introduction Environment

Sustainable Innovation Social Governance Indices

The Carrier Way

Leading People The Carrier Way

The Carrier Way is our foundation. It defines our vision, values and cultural behaviors that allow us to create a workplace where we work and win, together, and always with a focus on delivering excellence, the right way. We reinforce The Carrier Way across our company through ongoing communication and education on the behaviors that are critical to our success, such as having a passion for customers.

In 2023, we introduced Leading People The Carrier Way, an extension of The Carrier Way. It defines our Talent Philosophy, our guiding principles for how people leaders develop talent and build the best teams, and our Leader Success Model, which sets expectations for how people leaders lead others.

It was developed with input from leaders across the company to support employee development and set clear expectations for our leaders.

THE CARRIER WAY

VISION

Our aspiration; why we come to work every day.

To be the global leader in intelligent climate and energy solutions.

VALUES

Our absolutes; always do the right thing.

Respect Integrity Inclusion Innovation Excellence

CULTURE

Our behaviors; how we work and win together, while never compromising our values.

Passion for Customers

Achieve Results

We win when our customers win.

We perform, with integrity.

Play to Win

Dare to Disrupt

We strive to be #1 in everything we do.

We innovate and pursue sustainable solutions.

Choose Speed

Build Best Teams

We focus and move with a bias for action.

We develop diverse teams, and empower to move faster.

LEADING PEOPLE

THE CARRIER WAY

A

P

OUR TALENT

RS DEV

IO

EL

H

V

O

PHILOSOPHY

F

E

E

C

B

N

T

D

BUILD

N

R

BEST

I

F

Y

E

TEAMS

A

I

E

E

Our guiding principles for how

T

R

T

N

P

A

I

S

O

A

People Leaders develop talent

N

TR

PE

E

and Build Best Teams.

RFORMANC

We value BEHAVIORS while achieving results.

We use the "what" and the "how" to assess performance and potential. We role model The CarrierWay behaviors and hold each other accountable to do the same.

We DEVELOP and help our people grow.

We support a culture of growth, valuing experiences and cross-company movement to accelerate development. Employees own their development, with support from their leader.

We are TRANSPARENT and give real-time feedback.

We discuss performance and potential, so all employees can grow and succeed. Leaders and employees give and receive two-way feedback candidly and constructively.

We PERFORM by setting stretch goals and holding individuals and teams accountable.

We coach for higher performance, raising the bar every year, and take timely action.

We DIFFERENTIATE based on contributions.

We recognize and reward both high performance and high potential through differentiated investment, development, compensation and career progression.

OUR LEADER SUCCESS MODEL

Our expectations for how

People Leaders lead others.

Think "Outside In"

Seek market-leading solutions.

One Carrier always.

Know and amaze your customers.

Define the Future Boldly

Think big, take risks, inspire ideas.

Make change comfortable.

Try, learn, celebrate.

Generate Energy

Connect people to purpose, empower. Lead inclusively, ignite optimism. Choose mission over self.

Own Outcomes

Simplify, prioritize and focus.

Anticipate, adjust, clear the path.

Make it happen, together.

Carrier 2024 Sustainability and Impact Report

6

Introduction

Environment

Sustainable Innovation

Social

Governance

Carrier Excellence

Carrier Excellence is a continuous improvement mindset and operating system, focusing on enhancing efficiency and productivity, and delivering high-quality outcomes across all facets of our business. It has evolved into an outcomes-driven model to help achieve company strategy.

The model is focused on the outcomes we want to achieve: to be our customers' first choice, put safety first, achieve perfect quality every time, deliver on time at the best cost and drive productivity in all we do.

r

Exc

e

e

l

i

l

r

e

r

n

a

c

C

e

O

ri

p

er

n

a

a

ti

K

n

n

g

C

i

h

a

s

d

o

e

H

n

t

c

e

en

m

n

g

li

A

l

a

o

D

G

a

i

l

Outcomes

y

S

M

t

a

a

n

n

l

a

Customers' first choice

g

d

e

a

m

r

a

d

t

e

i

n

i

g

Safety first

z

t

i

a

D

Perfect quality

t

i

o

On-time delivery

n

Best cost

g

P

n

i

r

k

o

n

c

i

e

P

T

h

s

m

s

r

o

C

b

a

l

e

o

m S

o

e

n

lving

r

t

t

S

r

o

e

l

u

s

l

a

V

D

ri

e

g

n

ving Cha

Indices

Recognition

Ranked No. 8 of

Achieved

100 Most Sustainable Companies

Prime ESG Corporate Rating

Barron's, 2023

ISS ESG, 2023

Named to

Achieved

Carbon Clean200

ESG Leader Rating

Corporate Knights and As You Sow, 2023

MSCI ESG Ratings, 2023

Awarded a

Among

Silver Medal

America's Most Responsible Companies

EcoVadis, 2023

Newsweek, 2023

Among the

Named an

World's Best Employers

ESG Industry Top-Rated Company

Forbes, 2023

Sustainalytics, 2023

Among the

Among the

World's Most Admired Companies

World's Best Companies

Fortune, 2023

TIME, 2023

Among the

Best Places to Work for LGBTQ+ Equality

Human Rights Campaign Foundation

Corporate Equality Index, 2023-2024

Carrier 2024 Sustainability and Impact Report

7

Introduction

Environment

Sustainable Innovation

Social

Governance

Indices

Secular Trends Driving Growth

As a global leader in intelligent climate and energy solutions for buildings and homes, and across the cold chain, Carrier is uniquely positioned to lean into secular trends that are transforming our industry and the world. These trends include:

A Growing

Energy Security

Middle Class

and Stability

Climate Change

Digitalization

Carrier is addressing these challenges through breakthrough innovation, electrification, energy-efficient solutions, the use of refrigerants with lower global warming potential and connected ecosystems to help mitigate climate change and enable the transition to clean energy.

Portfolio Transformation

At Carrier, we are evolving to respond to the challenges of climate change. On January 2, 2024, we completed the acquisition of the climate solutions business of Viessmann Group. The addition positions Carrier as a digitally enabled, end-to-end sustainable climate and energy solutions provider that addresses heating, cooling, renewables, solar photovoltaic technology, battery storage and energy management needs for the home and office.

The combination enhances Carrier's existing portfolio with access to the iconic Viessmann brand, a leading provider of highly efficient and renewable climate solutions with a more than 100-year record of innovation and sustainability and a differentiated direct-to-installer channel model. In addition to our 2022 acquisition of Toshiba Carrier Corp., now known as Carrier Japan Corp., Viessmann Climate Solutions' 12,000 team members further strengthen Carrier's position as a leading HVAC provider globally, now positioning Carrier in the fast-growing residential and light commercial space in Europe.

The acquisition of Viessmann Climate Solutions, together with the planned exits of our Fire & Security segment and commercial refrigeration business, will transform Carrier into a more focused, higher-growth business, further strengthening the company's global leadership position in intelligent climate and energy solutions.

Carrier 2024 Sustainability and Impact Report

8

Introduction

Environment

Sustainable Innovation

Social

Governance

Indices

Carrier Sustainability & Impact Strategy

GRI 2-6

Our sustainability and impact strategy is founded on our materiality assessment and ongoing engagement with our stakeholders across our value chain. It is reinforced by our 2030 sustainability and impact goals, associated policies and programs, and performance monitoring and improvement. The strategy is embedded into our corporate culture and is overseen at the highest level by our full Board of Directors. Learn more about our sustainability governance and oversight.

Materiality Assessment

GRI 3-1,3-2,3-3

Materiality Process

Carrier takes a transparent and data-driven approach to identifying what is important to our business, stakeholders and the environment. It informs our products, operations, investments and transformation toward becoming the leader in intelligent climate and energy solutions.

We conducted a materiality assessment to identify potential material topics based on industry trends, best practice reporting frameworks and input from internal and external stakeholders. This assessment considered our entire value chain, including upstream suppliers, downstream customers and consumers, and our operations. The topics were prioritized based on their relevance to Carrier, determined through key stakeholder engagement.

Upstream

Raw Material Sourcing

Materials used by Carrier to create our portfolio of products

Inbound Transport and Logistics

Transportation of materials and products to Carrier facilities

Vendors

Component suppliers and other ancillary services

Carrier

Operations

Our offices, manufacturing sites, research and design facilities, and distribution centers

Outbound

Transportation and

Product Installation

Logistics and transportation associated with the delivery of Carrier products to customers, and the installation, service and repair of Carrier products

Downstream

Customers

Dealers and distributors, building owners and operators

Consumers

Commercial and industrial end users, and homeowners

Product End of Life

Disposal of products and packaging, including recycling

Material Topics

Environmental

Products

Social & Workforce

Economic

Climate

Innovation and

Stakeholder engagement

Ethics and

change

efficiency

Talent attraction

compliance

Environmental

Product safety

and retention

Corporate

responsibility

and quality

Occupational health

governance

Cybersecurity

and safety

Tax transparency

and data

Inclusion and diversity

privacy

• Human and labor rights

Community engagement

and investment

Sustainability topics are often linked to one another, and their interdependencies have been considered in our reporting and in the design of our programs.

We are now in the process of conducting a Double Materiality Assessment in accordance with the European Union's Corporate Sustainability Reporting Directive to evaluate the environmental and social impacts as well as the financial materiality of sustainability topics for Carrier.

Carrier 2024 Sustainability and Impact Report

9

Introduction

Environment

Sustainable Innovation

Social

Governance

Indices

Stakeholder

Engagement

GRI 2-25,2-26,2-28,2-29,3-3,207-3,413-1

Carrier advances the long-term interests of our company and our shareowners by actively engaging our stakeholders. Apart from ongoing direct engagement, stakeholders can contact Carrier anonymously by phone or online through our Speak Up programor through various channels accessible via our corporate website.

Stakeholders

Areas of Interest

How We Engage

Customers and Consumers

Quality of products and services

Customer meetings and materials

Product environmental declarations,

Purchasers of Carrier

Safety of products during installation

Carrier Voice of the Customer

product labeling and certifications

products and services

and in use

Customer satisfaction surveys

• Product and service training

Sustainability performance of

Customer sustainability surveys

• Dealer and distributor councils

products and services

• Digital solutions and aftermarket services

Shareowners and Investors

Financial performance

Investor meetings and materials

Individuals or organizations

Risk management

Earnings releases

Sustainability strategy

Sustainability disclosures

that invest in Carrier

Organizational transparency

Raters and rankers

Employees

Culture and engagement

The Carrier Way and Leading People

Town halls

Individuals employed by Carrier

Inclusion

The Carrier Way

Internal job sites

Learning and career development

Career profiles

• Internal digital communications channels

Talent management

Mentoring

and facility bulletin boards

Health and safety

Pulse engagement surveys

Confidential ethics and

Environmental management

Employee Resource Groups

whistleblowing channels

Employment and benefits

Ethics and compliance

Performance Connections

• Labor unions and work councils

Labor relations

conversations, including goal

Corporate and skill-specific training

alignment, development and feedback

Suppliers

Management and disclosure

Carrier Alliance program

• Training sessions and webinars

Direct and indirect suppliers

of environmental, social and

EcoVadis sustainability questionnaire

Annual Supplier Summit

governance risks

Industry organizations

Supplier site visits

Protection of workers' human rights

• National and local conferences

Local Communities

Local employment and local

Direct engagement through

Local residents, local governments,

economic development

local activities

Philanthropic activities, including

Carrier's Our Communities webpage

community groups and charities

donations and volunteerism

Educational opportunities

Community outreach

Government

Monitoring, advocacy and compliance with

Industry associations

Local, state and federal

federal, state and local laws and regulations

Direct engagement

Industry engagement

Public-private partnerships

governments and regulators

Tax policies and incentives

Input into rulemaking processes

Nonprofit Organizationsand

Contributions to climate action

Corporate dialogues and working groups

Trade and Industry Associations

and other environmental topics

Direct discussions with organizations

Organizations that function

Social responsibility, including

Carrier's Sustainability webpage

public health and food security

Carrier's Our Communities webpage

independently of governments

Compliance with regulations,

codes and standards

Academia

Product innovation

Research studies

International academic institutions

Public health and well-being

Product development

Environmental sustainability

Recruiting and mentorship

that have subject matter expertise

in our areas of operation

Carrier 2024 Sustainability and Impact Report

10

Disclaimer

Carrier Global Corporation published this content on 23 September 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on September 23, 2024 at 13:03:05 UTC.