Carrier

Highlights

• Decreased Scope 1 and 2 market-based emissions by 26% and Scope 3 emissions by 28% (2021 baselines).
• 39% of electricity consumption was from renewable energy sources in 2025.
• In 2025, approximately 51% of revenue came from products and services supporting energy efficiency and reducing greenhouse gas (GHG) emissions.
• Invested $2.1 billion in sustainable R&D since 2020.
• Decreased total water withdrawals 6% compared to 2024.
• Over 95% of operational waste was diverted from landfill in 2025, achieving 2030 goal.
• Began field trials of battery-enabled HVAC systems (heat pumps paired with battery storage). These could provide 100 GW of potential flexible demand in North America homes (based on normal replacement cycles).
• Made $10.1 million in global donations and employees volunteered 27,638 hours in 2025.

2026

Beyond Peak: Defining, Measuring, and Optimizing Grid Utilization (Utilize Coalition) — Nonprofit advocacy group Utilize Coalition (whose founding supporters include CEF members Carrier and Google) published this policy paper proposing a common framework for measuring how effectively transmission and distribution infrastructure is used over time. It offers a shared definition of grid utilization as “the relationship between energy delivered [numerator] and energy deliverable [denominator].” and offers ways to use grid utilization as a diagnostic tool to facilitate decision-making. It also offers several principles for putting the definition into practice, such as matching the resolution to the decision, building from more accurate data, calibrating reporting for useful engagement, and making comparisons consistent and transparent. (Oct 2026)

PR »  LATITUDE MEDIA »

Building Futures Skilled Trades Coalition — This coalition, launched by the Lowe’s Foundation, aims to help train and develop one million people for skilled trades careers in the U.S. by 2035. It brings together over 75 educators, workforce organizations, industry vendors and stakeholders, and corporations including CEF members Bank of America, Carrier, Duke Energy, and General Motors. (Sept 2026)

PR »  ESG DIVE »

Flex MOSAIC (Electric Power Research Institute (EPRI)) — This voluntary classification framework introduces a technology-neutral way to describe and evaluate the flexibility capabilities of large loads based on power system requirements, such as congestion relief, peak reduction, balancing and frequency response. It defines flexibility in terms of performance characteristics (e.g. notification time, duration, depth of load adjustment) and categorizes them to provide a shared understanding of what flexibility is needed and available for utilities, operators, and regulators. The framework was introduced in an open letter to the power and digital infrastructure industries, signed by 48 companies, including CEF Members Carrier, Google, Honeywell, Meta, and Siemens, and invites stakeholders to engage. (March 2026)

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Joined the CEF member network.