2030 Environmental, Social, Governance (ESG) Goals

Carrier is charting a path to a more sustainable future. Our 2030 goals underscore Carrier’s commitment to the things that matter and to continuously challenge ourselves to think bigger and to be better. Expanding on three decades of environmental targets, our goals include measures to reduce impact on our planet, and support our people and our communities through sustainable solutions, investments and practices. We strive to be a catalyst for positive and sustainable change as we innovate, empower our people and operate with integrity. That is The Carrier Way.

Carrier received validation of our near- and long-term greenhouse gas emission-reduction goals in line with the Science Based Targets initiative to limit global warming to 1.5°C above pre-industrial temperatures. In accordance with this initiative, we unveiled our road map to achieve net-zero greenhouse gas emissions across our value chain by 2050.

Cautionary Statement:

This webpage contains forward-looking statements (including statements that constitute forward-looking statements under the securities laws). These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, potential dividend payments and share repurchases, tax rates, anticipated trends, medium-term targets relating to growth and otherwise, anticipated benefits to Carrier and our customers from various systems offerings, M&A priorities and potential acquisitions, anticipated investments, research and development, and other measures of financial performance or potential future plans and priorities, strategies or transactions of Carrier, Carrier’s plans with respect to our indebtedness, statements with respect to current and future potential implications of corporate social responsibility and sustainability topics, Carrier’s Sustainability and Impact initiatives (including its 2030 goals) and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. These risks include macroeconomic factors and megatrends, limitations and uncertainties inherent in climate and sustainability science (for example, estimation limitations in metrics related to Carrier’s estimated emissions, including Scope 3 emissions, and other risks and uncertainties discussed in Item 1A of Carrier’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024). For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. The forward-looking statements speak only as of the date when first made. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Additional information as to factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements is disclosed from time to time in our other filings with the U.S. Securities and Exchange Commission (SEC). Inclusion of information on this webpage is not an indication that the subject or information is material to our business or operating results.

2030 GOALS

2024 SUSTAINABILITY AND IMPACT REPORT