Carrier Global Corporation, a global pioneer in intelligent climate and energy solutions, has announced its ambitious greenhouse gas emission reduction goals, including a target to reach net-zero greenhouse gas emissions by 2050, which have been validated by the Science Based Targets initiative (SBTi).
A corporate climate action organization, SBTi enables companies and financial institutions worldwide to play their part in combating the climate crisis.
SBTi-validated targets
SBTi's Target Validation Team has validated Carrier's near- and long-term greenhouse gas emission reduction goals as in line with a trajectory to limit global warming to 1.5°C.
Carrier's specific SBTi-validated targets are:
- Reduce absolute scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year.
- Reduce absolute scope 3 GHG emissions by 25% within the same timeframe.
- Reach net-zero greenhouse gas emissions across the value chain by 2050.
addressing climate change
"Having our climate and net-zero targets validated by SBTi's comprehensive process confirms that Carrier is doing our part to address climate change," said Hakan Yilmaz, Senior Vice President, Chief Technology & Sustainability Officer, Carrier, adding "The heating and cooling of buildings and homes, together with food waste, contribute an estimated 25% of annual carbon emissions and play a significant role in global warming and climate change."
He continues, "Our industry has both the opportunity and the obligation to be part of the solution. As we continue to distinguish ourselves as a climate and energy solutions leader, we are strategically transforming our portfolio through electrification, integration, and resilience and helping our customers achieve their sustainability goals."
decarbonization efforts
The SBTi targets advance Carrier's goal of helping customers avoid more than 1 gigaton of greenhouse gas emissions by 2030 and further support decarbonization efforts. By these targets, Carrier unveiled its road map to achieve net-zero greenhouse gas emissions across its value chain by 2050. Carrier's products, services, and digital capabilities help customers meet their energy, carbon, and food-waste reduction goals.
Energy-efficient heat pumps, all-electric refrigeration, and building solutions, lower GWP refrigerants, and connected technologies are just a few of the ways Carrier is improving efficiencies in buildings, in homes, and across the cold chain.