Carrier 2020 Environmental, Social & Governance (ESG) Report

Page 11

Table of Contents

Introduction

About Carrier

Innovating for a Sustainable World

Operations

Our People & Culture

Communities

Governance

ESG Indices

Materiality & Stakeholder Engagement 102-21, 102-40, 102-42, 102-43, 102-44, 102-46, 102-47

Materiality Assessment

Carrier Reporting Topics*:

In 2020, Carrier completed our first materiality assessment to inform our ESG management and reporting. We used the GRI steps of identification, prioritization and validation to define the ESG topics most significant to Carrier and our stakeholders based on impacts, risks and opportunities. We identified relevant ESG topics through internal and external stakeholder interviews and research.

• Climate Change

The Carrier ESG Steering Committee validated the results, which were endorsed by the Carrier Executive Leadership Team and Carrier’s Board of Directors through its Governance Committee.

• Community Engagement & Investment • Corporate Governance • Cybersecurity & Data Privacy • Diversity & Inclusion • Environmental Responsibility • Ethics & Compliance • Human & Labor Rights • Innovation & Efficiency • Occupational Health & Safety • Product Safety & Quality • Stakeholder Engagement • Talent Attraction & Retention • Tax Transparency

* Topics informed by internal and external stakeholder reviews

Carrier 2020 Environmental, Social & Governance Report | 11


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