Commercial, Energy Efficiency, GHG Emissions  -  February 7, 2023

Carrier Sets 2050 Goals

Carrier Global Corporation, a provider of sustainable and intelligent building and cold chain solutions, announced plans to reduce its GHG emissions in line with the Science Based Targets initiative (SBTi).

These new goals, including a net zero target, will build on Carrier's previous 2030 Environmental, Social & Governance (ESG) goals and further support decarbonization efforts.

Carrier is now targeting net-zero GHG emissions across its value chain by 2050, complementing its existing goal of helping its customers avoid more than 1 gigaton of GHG emissions by 2030. 

The company's comprehensive sustainability strategy addresses Scope 1, 2 and 3 emissions, covering enterprise-wide direct and indirect emissions. Near- and long-term goals addressing emissions from all three Scopes will be developed and published in accordance with the SBTi validation process.

"As we continue to distinguish ourselves as a climate systems and solutions leader, we are doubling down on our own commitments for the benefit of our customers, shareowners and the planet," said David Gitlin, Chairman & CEO, Carrier in a statement. "Sustainability and ESG leadership remain at our core, and we continue to walk the talk and invest to drive decarbonization."

Carrier is also expanding its investments by deploying Carrier's onsite renewable energy strategy with the installation of a 3MW solar array system at Carrier's Shanghai campus. This will provide approximately 25% of the site's annual electricity consumption, resulting in a CO2e reduction of ~1,200 metric tons per year.

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