In 2024, Carrier Global completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Carrier Global has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 147,343a | 157,183a | 195,009a | |
Total Scope 2 | ||||
Market-Based | 236,187a | 214,123a | 206,465a | |
Location-Based | 285,076a | 249,349a | 243,495a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 570,462,802a | 627,829,379a | 537,118,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.5527a | 7.113a | 9.5494a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Carrier Global amounted to 432,419 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Carrier Global increased by 6.37%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Carrier Global were 147,343 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Carrier Global's Scope 1 emissions have decreased by 18.95%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Carrier Global's Scope 1 emissions decreased by 6.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Carrier Global reported Scope 2 greenhouse gas (GHG) emissions of 236,187 tCO₂e using the market-based method and 285,076 tCO₂e using the location-based method.a
Compared to the previous year (2023), Carrier Global's Scope 2 emissions (Location-Based) rose by 14.33% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Carrier Global reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Carrier Global reported 570,462,802 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Carrier Global includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Carrier Global reported total Scope 3 emissions of 570,462,802 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.41% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Carrier Global's Scope 3 emissions remained relatively stable, indicating that Carrier Global's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Carrier Global reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Carrier Global's Scope 3 emissions were:a
In 2024, Carrier Global reported Scope 1 greenhouse gas (GHG) emissions of 147,343 tCO₂e and total revenues of USD 22,486 millions. This translates into an emissions intensity of 6.55 tCO₂e per millions USD.a
In 2024, Carrier Global reported a Scope 1 emissions intensity of 6.55 tCO₂e per millions USD. Compared to the peer group median of 17.7, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Carrier Global ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Carrier Global among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Carrier Global reported a total carbon footprint of 570,895,221 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.13% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Carrier Global's total carbon footprint was Scope 3 emissions, accounting for 99.92% of the company's total carbon footprint, followed by Scope 2 emissions at 0.05%.a