exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
Sound Corporate Governance
Carrier is committed to strong corporate governance practices. Our governance framework enables our independent, experienced and accomplished directors to provide advice, insight and oversight that promotes
the long-term interests of the company, our shareowners and other stakeholders.
Oversight Independence Elections Share Ownership Shareowner Rights Engaged Board
• Regular reviews of strategic • All Board committee members are • Annual election of all directors • Rigorous share ownership • Eligible shareowners can make • 100% attendance at Board meetings
direction and priorities independent directors • Majority voting for directors in requirements for directors and proposals and nominate directors in 2022
• Regular reviews of significant
Keyword: governance
and governance practices and of by Lead Independent Director Carrier securities prohibited special meetings
committee charters • No supermajority shareowner
• Annual Board, committee and voting requirements
director evaluations; regular
refreshment actions
1 Global women and U.S. People of Color.
2 As of 4/20/2023.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 47
Risk Management The Board’s Role in Risk Management
GRI 2-9, 3-3
GRI 3-3
The full Board is responsible for Carrier’s strategic risks, while the Audit Committee oversees the company’s
Carrier encounters an extensive range of risks, adjustments to strategic and business initiatives, ERM policies and practices. Resp
Keyword: governance
implemented an enterprise risk management Audit Compensation Governance
potential gaps and areas of delay in our internal & Innovation
program, which is a companywide effort that is Committee Committee Committee
controls and response procedures. Committee
managed by senior executives and overseen by
the Audit Committee and Board to identify, assess, The Board and committees also review enterprise
manage, report and monitor enterprise risks that risks with senior management on an ongoing • ERM policies and • Compensation and • Charitable and • Developments and
may affect our ability to achieve the company’s basis throughout the year. Each committee has practices benefit policies philanthropic giving trends in technology
objectives and strategy. primary risk oversight responsibility in the areas • Capital struct
Keyword: governance
that align with its focus and charter responsibilities significant capital senior leaders • Corporate governance sustainability
As part of the ERM program, ownership of as described in the table at right. At each regular appropriations • Compensation • Director independence • Disruption risk by
enterprise risk is assigned to the appropriate • Compliance program plan design and technology and digital
b r c re eou vs ms ipi en po we rn e ss s hs i tb e hs l n eee s s g f i em o v er re i d smn e kt iv s to e i g ar l a noc tp do ioi r n mp ngo i p tar il ga n a at d ne t s i i of m .u nTn p h pc l ee lt ai mo B nn oe s n a t oh rt ni da n t g i s m r p i ese xr se c o aue e v met i iv d si pn e e lag s ea n, , a do d cn dr ymd i bm t ic a eoo o n rnr sn aae es gl cf i ed dr ume e e rq ir t e tasu yn ie lc t r n ’o o is st m n l kry e rm ii sa ssi ps kt
Keyword: governance
operational risks • Pay equityTable of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 48
Ethics & Compliance
GRI 2-16, 2-25, 205-1 | SASB RT-EE-510a.1 Global Ethics & Compliance Program
The first Carrier Corporate Ethics policy was created in 1932 by our
founder, Willis Carrier. Almost a century later, the same ideals remain Code of Ethics
embedded in our culture.
We aim to be world-class in everything we do – including our compliance with all laws and regulations and our Code of Ethics, which
At Carrier, we expect high performance and high integrity from our
applies everywhere we do business. The Code of Ethics integrates our core values that serve as the foundation of our culture: respect,
employees and everyone with whom we conduct business. It is never
integrity, inclusion, innovation
Keyword: governance
right thing. We maintain sound governance standards as reflected in
our Corporate Governance Principles, Code of Ethics, Corporate Policy Training
Manual, strong internal controls, transparent financial reporting and a
systematic approach to enterprise risk management. All Carrier employees are required to participate in annual tailored ethics and compliance training reflecting the results of regular
compliance risk assessments. Most employees receive their training through our online program, where they complete foundational ethics
and compliance certifications and training courses. Employees receive periodic anti-corruption refresher training if they hold a position that
presents a higher level of corruption risk.
Reporting and Transparency
CODE OF ETHICS
Carrier is committed to
Keyword: governance
We updated the Carrier Code of Ethics in 2022.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 49
Human Rights Fair Competition Data Privacy
GRI 2-23 GRI 206-1
Carrier values and respects the privacy of the people from whom it
Respect for human rights is foundational to Carrier’s values and Competition fosters better products and services, driving Carrier to be collects, processes or transfers personal data. We take appropriate
The Carrier Way. We take robust and thorough measures to protect more efficient and more innovative. We compete vigorously and legally, steps to safeguard personal data under our control from unauthorized
our employees. We also promote positive change by encouraging our not only because it is good for our business, but because it is the right access, misuse, impermissible d
Keyword: governance
• Internal Audit frequently auditing potential data privacy risks.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 50
Government Relations & Corporate Policy Manual
Public Policy Activities
GRI 2-23, 2-24, 3-3
GRI 2-26
Our Corporate Policy Manual is publicly available, covering
Carrier engages in political activity and public policy advocacy
topics including:
on issues that impact the company’s business – whether at
the local, state or national level or with international • Anti-Corruption
governmental organizations.
• Anti-Money Laundering
The Board believes that participating in the legislative and • Antitrust Compliance
regulatory process is an important part of responsible corporate
• Climate Change
citizenship and that Carrier and our employees have a legitimate
interest in public policy debates. The Governance
Keyword: governance
contributions, is nonpartisan and contributes to candidates for federal • Records Retention & Corporate Governance Data
office who are supportive of Carrier’s corporate business interests and
public policy goals, regardless of political party.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 51
ESG Indices
ESG Focus Areas ................... 52
Stakeholder Engagement ............ 53
ESG Data .......................... 55Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 52
ESG Focus Areas
GRI 3-1, 3-2, 3-3
Carrier takes a transparent and data-driven approach to identifying
what is important to our business, stakeholders and the environment. Economic Environmental Products Social &
It informs ou
Keyword: governance
Carrier’s first ESG prioritization assessment was finalized in 2020 • Corporate governance • Environmental • Product safety and quality • Stakeholder engagement
responsibility
using a third-party sustainability consultancy. It involved conducting • Tax transparency • Cybersecurity and • Talent attraction
and analyzing interviews, surveys and other sources to prioritize and data privacy and retention
validate ESG topics significant to Carrier.
• Occupational health
The topics to the right were prioritized based on the relative and safety
importance to the company and external stakeholders. Carrier • Inclusion and diversity
recognizes the ESG and sustainability disclosure landscape is rapidly
• Human and labor rights
evolving, and we will continue to reassess these reporting topics.
• Community engagement
and investmentTable of Co
Keyword: governance
ntents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 53
Stakeholder Engagement
GRI 2-25, 2-29, 413-1
Carrier advances the long-term interests of our
company and our shareowners by responsibly We encourage feedback from our employees through regular Pulse surveys, town hall meetings, Employee Resource
addressing the concerns of other stakeholders, Employees Groups, development conversations, online portals and confidential channels where employees can raise sensitive issues,
including our employees, customers, suppliers seek guidance and report misconduct.
and communities. We engage with stakeholders
to drive continuous improvement in our products
and operations, and to support our ESG issue-
prioritization process. Apart from ongoing direct We seek custome
Keyword: governance
financial performance, governance, strategy, and ESG performance and practices.
We actively collaborate with our network of suppliers. We are members of several industry organizations, attend national
Suppliers and local conferences, and encourage suppliers to participate in our Supplier Excellence program to improve their
operating performance and growth. Our expectations are aligned through our Supplier Code of Conduct.
Our government relations initiatives educate and inform officials on a range of public policy issues important to our
Government
businesses. We annually disclose federal and state lobbying expenditures.
We support civic, cultural, economic and social welfare organizations around the world, investing in communities through
Communities
cash and in-kind dona
Keyword: governance
tions, including the Carrier Matching Gifts Program, as well as volunteering our time and talent.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 54
Memberships & Associations
GRI 2-28
Carrier maintains strategic memberships and associations while evaluating opportunities for additional contributions and leadership.
Through these memberships, our leaders and employees stay at the forefront of sharing best practices and evolving trends.
We are proud to be a member of several key industry and issue-specific organizations, including:
• Air-Conditioning, Heating, and Refrigeration Institute • European Partnership for Energy and the Environment
• The Alliance for Responsible Atmospheric Policy • Fire Industry Association
• Alliance to Save Energy • Fire Suppression Systems Association
• America Is All In • Global Cold Chain Alliance
• American Council
Keyword: governance
• World Green Building CouncilTable of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 55
ESG Data
GRI Content Index
Reporting Period: January 1, 2022, to December 31, 2022
GRI 1: Foundation 2021
The GRI Content Index references where ESG progress aligns with the United Nations Sustainable Development Goals (SDGs).
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
The organization and its reporting practices
Carrier Global Corporation
Form 10-K, p. 10 (Corporate Information)
2-1 Organizational details
Carrier is headquartered in Palm Beach Gardens, Florida, U.S.A.
Form 10-K, p. 4 (Business)
Entities included in the organization’s
2-2 Carrier ESG Report (About This Report)
sustainability reporting
January 1, 2022 - December 31, 2022, except where otherwise noted.
Repor
Keyword: governance
At this time, Carrier does not have our Environmental, Social & Governance Report
2-5 External assurance
externally assured.
Activities and workers
Form 10-K, p. 4 (Business)
Activities, value chain and other
2-6 Form 10-K, p. 7 (Raw Materials and Supplies)
business relationships
Form 10-K, p. 7 (Joint Ventures and Strategic Relationships)
2-7 Employees In 2022, excluding Toshiba Carrier Corp. employees, the workforce was ~47,000 (Global Workforce).Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 56
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
Governance
Carrier ESG Report (ESG Governance & Oversight)
2-9 Governance structure and composition Carrier ESG Report (The Board's Role in Risk Management) SDG 5, S
Keyword: governance
Carrier 2023 Proxy Statement, pp. 20-24 (Corporate Governance)
Nomination and selection of the highest
2-10 Carrier 2023 Proxy Statement, pp. 14-15 (Board Refreshment and Nomination Process) SDG 5, SDG 16
governance body
Carrier ESG Report (Leadership)
2-11 Chair of the highest governance body Carrier 2023 Proxy Statement, p. 12 (Director Independence)
Carrier Global Corporation Director Independence Policy
Role of the highest governance body in overseeing Carrier ESG Report (ESG Governance & Oversight)
2-12 SDG 16
the management of impacts Carrier 2023 Proxy Statement, p. 21 (Enhanced Oversight of ESG)
GRI 2: 2-13 Delegation of responsibility for managing impacts Carrier ESG Report (ESG Governance & Oversight)
General Disclosures
Role of the highest governance body in Carrier ESG Report (ESG Governa
Keyword: governance
Carrier Corporate Governance Principles, pp. 4-5
2-15 Conflicts of interest
(Conflicts of Interest and Related Person Transactions)
Carrier ESG Report (Ethics & Compliance – Reporting and Transparency)
2-16 Communication of critical concerns SDG 16
Carrier Proxy Statement, p. 22 (Board Responsibilities and Meetings)
Carrier ESG Report (ESG Governance & Oversight)
2-17 Collective knowledge of the highest governance body
Carrier Proxy Statement, pp. 15-19 (Nominees for the 2023 Annual Meeting)
Carrier Corporate Governance Principles, pp. 8-9
Evaluation of the performance of the highest
2-18 (Evaluation of the Chief Executive Officer and/or the Chairman)
governance body
Carrier 2023 Proxy Statement, p. 14 (The Board’s Self-Evaluation Process)Table of Contents Introductio
Keyword: governance
n Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 57
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
Carrier 2023 Proxy Statement, pp. 23, 27-28
2-19 Remuneration policies
(Audit Committee, Compensation Committee, Compensation of Directors)
Carrier 2023 Proxy Statement, pp. 23, 27-28
2-20 Process to determine remuneration
(Audit Committee, Compensation Committee, Compensation of Directors)
2-21 Annual total compensation ratio Carrier 2023 Proxy Statement, pp. 53-55 (CEO Pay Ratio)
Strategy, policies and practices
2-22 Statement on sustainable development strategy Carrier ESG Report (A Message From Our Chairman & Chief Executive Officer)
Carrier ESG Report (Corporate Policy Manual)
Carrier ESG Report (Human Rights)
2-23 Policy com
Keyword: governance
Carrier’s Speak Up programTable of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 58
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
Carrier ESG Report (Stakeholder Engagement)
Carrier ESG Report (Ethics & Compliance)
2-26 Mechanisms for seeking advice and raising concerns Carrier ESG Report (Government Relations & Public Policy Activities)
Carrier Ethics and Compliance
Carrier's Speak Up program
Carrier ESG Report (Ethics & Compliance)
GRI 2: 2-27 Compliance with laws and regulations
Form 10-K, p. 8 (Compliance with the Regulation of our Business and Operations)
General Disclosures
2-28 Membership associations Carrier ESG Report (Memberships & Associations)
Stakeholder Engagement
2-29 Approach to stakeholder engagement Carrier ESG Report (Stakeholder Engagemen
Keyword: governance
3-3 Management of material topics Carrier ESG Report (ESG Governance & Oversight)
Carrier ESG Report (Risk Management)
201-1 Direct economic value generated and distributed Form 10-K SDG 8, SDG 9
Financial implications and other risks and
GRI 201: 201-2 Carrier ESG Report (TCFD Disclosure) SDG 13
opportunities due to climate change
Economic Performance
Defined benefit plan obligations and other
201-3 Form 10-K, p. 56 (Pension and Post-retirement Obligations)
retirement plansTable of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 59
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
SDG 5, SDG 9,
203-1 Infrastructure investments and services supported Carrier ESG Report (Communities)
GRI 203: SDG 11
Indirect Econo
Keyword: governance
and services SDG 12, SDG 13Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 60
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
303-1 Interactions with water as a shared resource Carrier ESG Report (Water) SDG 6, SDG 12
303-2 Management of water discharge-related impacts Carrier ESG Report (Water) SDG 6
ESG Summary Data (Water)
303-3 Water withdrawal SDG 6
GRI 303: Carrier ESG Report (Water)
Water and Effluents
ESG Summary Data (Water)
303-4 Water discharge SDG 6
Carrier ESG Report (Water)
ESG Summary Data (Water)
303-5 Water consumption SDG 6
Carrier ESG Report (Water)
ESG Summary Data (Greenhouse Gas Inventory) SDG 3, SDG 12,
305-1 Direct (Scope 1) GHG emissions Carrier ESG Report (Operational Performance Highlights) SDG 13, SDG 14,
Carrier ESG Report (E
Keyword: governance
SDG 15Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 61
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
Waste generation and significant SDG 3, SDG 6,
306-1 Carrier ESG Report (Waste)
waste-related impacts SDG 12, SDG 14
Carrier ESG Report (Circular Business Models) SDG 3, SDG 6,
306-2 Management of significant waste-related impacts
Carrier ESG Report (Waste) SDG 12
SDG 3, SDG 6,
GRI 306:
306-3 Waste generated ESG Summary Data (Waste) SDG 12, SDG 14,
Waste
SDG 15
ESG Summary Data (Waste)
306-4 Waste diverted from disposal SDG 3, SDG 12
Carrier ESG Report (Waste)
ESG Summary Data (Waste) SDG 6, SDG 14,
306-5 Waste directed to disposal
Carrier ESG Report (Waste) SDG 15
New suppliers that were screened using
308-1 Carrier ESG Report (E
Keyword: governance
to our financial targets.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 62
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
Carrier Parental Leave
GRI 401:
401-3 Parental leave In 2022, 206 U.S. employees took the maternity/parental leave benefit. 85% of those employees SDG 5, SDG 8
Employment
were currently active as of the end of 2022.
Carrier ESG Report (Health & Safety)
403-1 Occupational health and safety management system SDG 8
Carrier ESG Report (Environment, Health & Safety Management)
Hazard identification, risk assessment
403-2 Carrier ESG Report (Health & Safety) SDG 8
and incident investigation
403-3 Occupational health services Carrier ESG Report (Occupational Health) SDG 8
Carrier ESG Report (Health & Safety)
Worker participation, consult
Keyword: governance
Carrier ESG Report (Health & Safety) SDG 16Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 63
GRI Standard Disclosure Description Location/Direct Answer Related SDGs
ESG Summary Data (Employees) SDG 4, SDG 5,
404-1 Average hours of training per year per employee
Carrier ESG Report (Development & Career Growth) SDG 8, SDG 10
GRI 404: Programs for upgrading employee skills and
404-2 Carrier ESG Report (Development & Career Growth) SDG 4, SDG 8
Training and Education transition assistance programs
Percentage of employees receiving regular SDG 4, SDG 8,
404-3 Carrier ESG Report (Performance Management & Development Reviews)
performance and career development reviews SDG 10
Carrier ESG Report (Reduce the Gap)
GRI 405:
405-1 Diversity of governance bodies and employees Carrier 2023 Proxy Statement,
Keyword: governance
Customer Health and Safety product and service categoriesTable of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 64
ESG Summary Data
Greenhouse Gas Inventory
Unit 2022 2021 2020
Direct (Scope 1) emissions (includes CO, CH, N0, HFC) tCOe 187,559 229,973 186,812
2 4 2 2
Indirect (Scope 2) emissions
Location-based tCOe 178,786 187,630 196,033
2
GRI 305-1, 305-2:
Scope 1 and Scope 2 Market-based tCO 2e 145,354 195,052 182,964
GHG emissions1 Total Scope 1 and Scope 2 location-based tCOe 366,345 417,603 382,845
2
Total Scope 1 and Scope 2 market-based tCOe 332,913 425,025 369,776
2
Carbon offsets tCOe 60,000 120,000 0
2
Total Scope 1 and Scope 2 adjusted (market-based adjusted
tCOe 272,913 305,025 369,776
for renewable energy and carbon offsets) 2
Indirect (Scope 3) tCOe 259,897,000
2
Purchased goods and services tCOe 3,
Keyword: governance
4 Total GHG emissions includes Scope 1 emissions, Scope 2 location-based emissions and Scope 3 emissions.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 65
Energy
Unit 2022 2021 2020 Unit 2022 2021 2020
Purchased electricity GJ 1,583,140 1,664,518 1,564,188 Total energy consumed GJ 3,571,911 4,754,278 4,194,215
GRI 302-3:
Energy
Propane GJ 79,771 72,835 50,048 Denominator Million USD revenue 19,643 20,613 17,456
intensity2
Natural gas GJ 1,036,186 1,275,013 1,361,035 Energy intensity ratio GJ of energy/million
182 231 240
for the organization USD in sales
Butane GJ 0 3,081 13,591
Distillate oil GJ 5,431 5,317 4,088
#4 Oil usage GJ 210 276 122
GRI 302-1: Residual oil usage GJ 0 0 0
Energy consumption1
within the organization Gasoline usage GJ 1,479 1,728 1,107
Diesel fuel GJ 16,541 14,492 15,932
Purchased steam GJ 46,409 44,485 35,781
Fleet vehicle gasoli
Keyword: governance
$100,000 USD estimated per U.S. Commercial Buildings Energy Consumption Survey.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 66
Water
Unit 2022 2021 2020 Unit 2022 2021 2020
Total water withdrawal ML 3,023 3,391 3,885 Total water discharge ML 2,627 3,161 3,712
Surface water ML 1,559 2,266 2,847 GRI 303-4: Surface water ML 1,559 2,266 2,847
Water discharge
Groundwater ML 253 265 188 by destination Groundwater ML 28 131 115
Seawater ML 0 0 0 Seawater ML 0 0 0
Produced water ML 0 0 0 Third-party water (total) ML 1,040 764 749
GRI 303-3a: Third-party water ML 1,211 860 850
Water withdrawal
Total water withdrawal from
ML 269 252 247
areas with water stress Unit 2022 2021 2020
GRI 303-5:
Water consumption
Surface water ML 0 0 0 Total water consumption ML 396 230 173
Groundwater ML 48 0.1 4
Seawater ML 0 0 0
Produced water ML 0 0 0
T
Keyword: governance
hird-party water ML 221 208 201Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 67
Waste
Unit 2022 2021 2020 Unit 2022 2021 2020
GRI 306-3:
Total weight metric tons (t) 72,560 68,043 66,238 Total waste disposal metric tons (t) 8,132 7,638 6,612
Waste
generated Nonhazardous waste metric tons (t) 70,223 65,779 64,450 Hazardous waste disposal, and a breakdown: metric tons (t) 1,123 1,095 1,016
Hazardous waste metric tons (t) 2,338 2,264 1,788
Incineration (with energy recovery) metric tons (t) 292 124 36
Incineration (without energy recovery) metric tons (t) 120 327 397
Landfilling metric tons (t) 181 127 136
Unit 2022 2021 2020
Other disposal operations metric tons (t) 529 518 447
GRI 306-5:
Total waste diverted from disposal metric tons (t) 64,429 60,405 59,626 Waste Total nonhazardo
Keyword: governance
Off-site metric tons (t) 64,429 60,405 59,626Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 68
Employees
Region 2022 2021 2020 Region 2022 2021 2020
Americas 43% 34% 34% Americas 20.8% 16.7% 11.4%
EMEA 27% 37% 40% EMEA 9.4% 8.3% 6.1%
APAC 30% 29% 26% APAC 14.3% 15.9% 9.0%
GRI 2-7:
Employees GRI 401-1: Total 15.6% 13.3% 8.7%
Employee turnover
Gender 2022 2021 2020
Female 29% 27% 27%
Gender 2022 2021 2020
Male 71% 73% 73%
Female 18.6% 15.6% 9.7%
Male 14.4% 12.5% 8.0%
Total 15.6% 13.3% 8.7%
All non-production
Gender Executives Professionals
employees
GRI 404-1:
Average hours of
Female 12 13 12
training per year
per employee Male 10 12 12 Unit 2022 2021 2020
for 2022
Employee 0 0 0
Overall 12 13 12 The number of fatalities as a result
GRI 403-9:
of work-related injury
Work-related Contractor 0 0 1
Keyword: governance
2 Number of fatalities, lost-time cases, restricted duty cases and medical treatment cases x 200,000/total hours worked.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 69
SASB Disclosure
This report was prepared following the SASB Resource Transformation – Electrical & Electronic Equipment Standard (Version 2018-10). Due to the nature of Carrier’s diversified business in industrial manufacturing,
Carrier also included metrics aligned to other industries that might be of interest to our investors, including Resource Transformation – Industrial Machinery and Goods (Version 2018-10). Carrier will continue to evaluate the
applicability of additional SASB metrics where warranted. These metrics are reported using the reporting entity described in the Annual Report on Form 10-K for the year ending 2022 (Form 10-K) for Carrier. All data is as of
December 31, 2022 for calendar
Keyword: governance
2 Excludes Toshiba Carrier Corp.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 70
Topic Accounting Metric Code Unit of Measure Carrier 2022 Response
Description of the management of risks associated with the
Materials Sourcing RT-EE-440a.1, RT-IG-440a.1 Discussion and analysis Carrier ESG Report (Sustainable Product Design)
use of critical materials
Description of policies and practices for
RT-EE-510a.1 Discussion and analysis Carrier ESG Report (Ethics & Compliance)
prevention of: (1) corruption and bribery and (2) anticompetitive behavior
In 2022, we know of no incidents or legal cases
Total amount of monetary losses as a result of legal proceedings
RT-EE-510a.2 Reporting currency associated with bribery or corruption that would have
associated with bribery or corruption
Business
Keyword: governance
the workforce was ~47,000.Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 71
TCFD Disclosure
TCFD Disclosure Reference
Governance - Disclose the organization's governance around climate-related risks and opportunities
Carrier 2023 Proxy Statement, pp. 20-26 (Corporate Governance)
a) Describe the board’s oversight of climate-related risks and opportunities. Carrier 2023 CDP Climate Change Response (C1.1a, C1.1b)
Carrier Corporate Governance Principles, pp. 1-2 (Responsibilities of the Board)
b) Describe management’s role in assessing and managing climate-related risks Carrier ESG Report (ESG Governance & Oversight)
and opportunities. Carrier 2023 CDP Climate Change Response (C1.2)
Strategy - Disclose the actual and potential impacts of climate-related risks and opportunities on
Keyword: governance
a) Describe the organization’s processes for identifying and assessing climate- Carrier 2023 Proxy Statement, pp. 20-26 (Corporate Governance)
related risks. Carrier 2023 CDP Climate Change Response (C2.1, C2.1a, C2.2, C2.2a, C2.3a, C2.4a)
Carrier 2023 Proxy Statement, pp. 20-26 (Corporate Governance)
b) Describe the organization’s processes for managing climate-related risks.
Carrier 2023 CDP Climate Change Response (C2.1, C2.2)
c) Describe how processes for identifying, assessing and managing climate-related Carrier 2023 Proxy Statement, pp. 20-26 (Corporate Governance)
risks are integrated into the organization’s overall risk management. Carrier 2023 CDP Climate Change Response (C2.1, C2.2)Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 72
TCFD Disclosure Reference
Metrics & Targets - Disclose
Keyword: governance
opportunities and performance against targets. Carrier 2023 CDP Climate Change Response (C4.1, C4.1a, C4.1b, C4.2, C4.2a)Table of Contents Introduction Innovation & Solutions Operations People Communities Governance ESG Indices Carrier 2023 ESG Report 73
Cautionary Statement:
This report contains forward-looking statements (including statements that constitute forward-looking statements under the securities laws).
These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial
performance, based on assumptions currently believed to be valid. Forward-looking statements may include, among other things, statements
relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax rates and other measures of financial
performance or potential future plans, strategies or transactions of Carrier, statements with respect to current and future po
Keyword: governance
risks and historical impacts in audited financial statements; corporate governance of climate-related risks; and climate-related risk-management
processes. We are assessing the potential impacts of this proposal. The information presented in this report has not been collected or reported
pursuant to these SEC-proposed climate-related disclosure requirements.Carrier Global Corporation and its subsidiaries’ names, abbreviations
thereof, logos, and product and service designators are either the
registered or unregistered trademarks or trade names of Carrier Global
Corporation and its affiliates and subsidiaries. Names of other companies,
abbreviations thereof, logos of other companies, and product and service
designators of other companies are either the registered or unregistered
trademarks or trade names of their respecti
Keyword: governance
Social & Governance  
Report
Leadership Letter
The world is full of big opportunities and big challenges, and everywhere I turn I see people looking 
to an extensive and growing demand for data as they arrive at solutions—data to reduce emissions 
by operating buildings, transportation and energy systems more efficiently; data for public safety 
and better, more abundant food and medicines; and data to learn, realize ideas, grow businesses  
and create jobs.
As we provide profitable solutions to connect communities, businesses and people, we are also  
enabling the data flow and computation that are helping to tackle global sustainability challenges 
—and doing so through our shared infrastructure model. By enabling our customers to colocate  
on our towers,
Keyword: governance
GOVERNANCE HIGHLIGHTS
Responsibly stewarding 
 our business
We recognize the importance of a robust  
corporate governance framework and a skilled 
and diverse board of directors as we build  
long-term value. Every action we take is an  
opportunity to operate with integrity and to  
better what’s entrusted to us—from engineering 
for network resiliency to promoting safety and 
protecting our systems and the data they store.
	
assists the board with overseeing 
ESG strategies, goals and initiatives and regularly engages with 
senior management
GOVERNANCE HIGHLIGHTS
Board highlights1
Network resiliency
Cybersecurity statistics 
Our cybersecurity program is designed to raise awareness of risks and to 
reinforce a culture of security-sensitive end user
Keyword: governance
GOVERNANCE HIGHLIGHTS
Safety statistics (TRIR)
15	
 ESG Report | 2022
2022 Total Recordable Incident Rate (TRIR)1 well below average 
0.39
2.9
1.7
Crown  
Castle
US 
Average2
Industry  
Average2
Safety survey highlights3
We’re proud that our TRIR is well below the US and industry averages,  
but we’re not resting on this strong foundation. In 2022, Crown Castle  
conducted a company-wide safety survey to help guide updates to our  
existing safety programs.
I believe safety is 
an important priority 
at Crown Castle.
94%
I am able to stop  
work if I feel there 
is a safety issue.
97%
My immediate manager  
holds employees  
accountable for following 
safety procedures. 
96%
I have received the 
training I need to  
perform my job safely.
94%
Where I
Keyword: corruption
other organizations understand and communicate their impacts on issues such as climate change, human rights and corruption.
STATEMENT OF USE: Crown Castle has reported the information cited in this GRI content index for the period January 1, 2023,
to December 31, 2023, with reference to the revised Universal GRI Standards. 
GRI 1 USED: GRI 1: Foundation 2021
DISCLOSURE
CROWN CASTLE METRIC OR QUALITATIVE DISCLOSURE
DISCLOSURE LOCATION  
2-1 Organizational details
Crown Castle Inc. is a publicly held corporation, which operates as a real estate 
investment trust (REIT) for US federal income tax purposes. Our headquarters are 
located at 8020 Katy Freeway in Houston, Texas. We operate in the United States.
2023 Form 10-K, Item 1 (Business) and Item 2 
(Properties)
2-2 Entities included in the 
organization’s sustainability 
reporting
Our sustainability and financ
Keyword: tax
in Crown Castle’s financial reporting system. Certain spend categories, such as taxes, land rent, and payroll-related spend, are not included in the 
analysis because Crown Castle determined that there are not significant emissions associated with the spend. Total category spend was multiplied 
by the corresponding NAICS emissions factors from NAICS v1.2 (2022), adjusted for inflation. 37 Scope 3 emissions from Category 13: Downstream 
Leased Assets were calculated separately for tower, small cell, and fiber customers, with emissions across all three asset types calculated by zip code 
to align with the correct eGRID regions. For tower customers‘ energy use, an average data method was used that estimated annual consumption per 
tower for each of our largest customers individually and grouped similar smaller customers togeth
Keyword: tax
investment trust (REIT) for US federal income tax purposes. Our headquarters are 
located at 8020 Katy Freeway in Houston, Texas. We operate in the United States.
2023 Form 10-K, Item 1 (Business) and Item 2 
(Properties)
2-2 Entities included in the 
organization’s sustainability 
reporting
Our sustainability and financial reporting is done on a consolidated basis.
2023 Form 10-K, Exhibit 21 (Schedule of  
significant subsidiaries)
2-3 Reporting period, frequency 
and contact point
The reporting period for our sustainability and financial reporting is January 1 
through December 31. 
We publish our ESG Report annually. The publication date of our ESG Report is  
August 14, 2024. Questions about our sustainability reporting can be directed  
to ESG@crowncastle.com.
Investors
ESG Resources
Keyword: governance
Social & Governance 
Report
message FROM OUR CEO
Leadership Letter
Steven J. Moskowitz 
President and CEO 
Dear Stakeholders,
I am pleased to present Crown Castle’s 2023 Environmental, Social and Governance (ESG) Report.  
We have made remarkable progress in advancing our ESG initiatives, reinforcing our commitment 
to sustainable and responsible business practices that we believe drive long-term value creation.  
ESG represents an opportunity to enhance efficiency and innovation within our business, increasing 
its resilience for the long term. 
Our business model is built on the concept that sharing a single asset among multiple users not only 
makes economic sense but is also a sustainable means of meeting the growing demand for connectivity. 
This colocat
Keyword: governance
Governance and safety are integral to our strategy. Our board, with 92% independent directors and 
diverse representation, provides robust oversight. In 2023, we conducted nearly 76,000 site inspections, 
and over a three-year period ending on December 31, 2023, we performed 92,000 structural engineering 
assessments to ensure the resilience and safety of our assets. Our cybersecurity program remains  
a top priority, with continuous monitoring and comprehensive training to protect our data and  
infrastructure.
We are committed to social responsibility and have made noteworthy strides in our diversity and 
inclusion efforts. Our goal of 16% in diverse supplier spend by 2026 underscores our commitment  
to inclusive economic opportunities.
Thank you
Keyword: governance
Governance
Climate Change Mitigation
Waste Management
Water Management
Land Management and Biodiversity
Occupational 
Health and 
Safety
Talent 
Management
Inclusion and 
Diversity
Community Investment
Network 
Resilience
Innovation
Governance
Data Security
Public Policy and Lobbying
Sustainable Supply Chain
Digital Accessibility
Compliance
ESG Materiality Assessment3
3 Conducted in 2023.
Key findings  
from our  
materiality  
assessment
Of the four categories  
analyzed, topics falling  
under the social and  
governance categories were 
rated the highest, on average, 
according to feedback from  
our stakeholders. We also had  
a high level of interest from  
our customers in how we  
manage our operational risks, 
including network resiliency.
Lo
Keyword: governance
governance HIGHLIGHTS
Our board is actively engaged in the oversight of our strategy for long-term sustainability 
and value creation. Every action we take is an opportunity to put integrity in motion and 
to improve what’s entrusted to us—from engineering for network resiliency, to promoting 
safety, to protecting our systems and the data they store.
ESG Report | 2023 	
6
ESG Report | 2023 	
7
governance HIGHLIGHTS
Board Highlights
4
Board member expertise
Network resiliency
Annual repair and maintenance expenses historically have been immaterial 
compared to the value of our asset base. For the three-year period ended December 31,
2023, Crown Castle spent an amount equal to approximately 0.01% annually 
of the $29B
5
 value of its property and equi
Keyword: governance
governance HIGHLIGHTS
Wildfire risk mitigation
Crown Castle conducted live pre-construction check-ins with 100% of 
contractors performing hot work on tower sites with an elevated wildfire potential  
hazard. During these check-ins, wildfire risk mitigation procedures were observed,  
reviewed and validated.
We require 100% of contractors performing hot work on tower sites to  
achieve a specialized qualification, comprising training on wildfire risks and  
prevention and pledging to adhere to Crown Castle hot work standards,  
which include having a dedicated fire watch during and after the hot work.
Through 19,417 calls, Crown Castle’s Network Operations Center  
(NOC) effectively communicated our wildfire prevention resources and  
protocols to co
Keyword: governance
governance HIGHLIGHTS
Cybersecurity program overview
Safety statistics (TRIR)
2023 Total Recordable Incident Rate (TRIR)6 well below average
24/7/365 operation  
of our Security Operations 
Center to monitor and  
address cyberthreats
23,974 test phishing  
emails sent
20,146 cybersecurity  
training modules completed
100% of Enterprise  
Security teammates have  
a certification from a  
recognized Information  
Security Organization
Our cybersecurity program is designed to raise awareness of risks and to reinforce a culture of 
security-sensitive end users. We provide cybersecurity awareness training to all new employees 
as part of the orientation process, and all employees complete mandatory cybersecurity refresher 
courses annually. The Enterpri
Keyword: governance
governance HIGHLIGHTS
Reduction in fleet-related safety incidents
Safety survey highlights
8
Crown Castle drove an 11% decrease in fleet-related incidents since 2022 by increasing driver 
safety training, enhancing incident follow-through and optimizing utilization of telematics data.
We’re proud that our TRIR is well below the US and industry averages, but we’re not resting on 
this strong foundation. In 2023, Crown Castle conducted a company-wide safety survey to help 
guide updates to our existing safety programs.
8 This data is derived from Crown Castle’s 2023 Safety Survey. The results above indicate overall favorability across our field teams’  
respondents, except for the statement “I believe safety is an important priority at Crown Castle,” w
Keyword: governance
This report summarizes our Environmental, Social and Governance goals and progress  
for the calendar year 2023. It is intended to provide highlights and to be utilized in combination 
with our indices linked below, ESG Data Tables and ESG website at CrownCastle.com.
about this report
Indices
Global Reporting  
Initiative (GRI) Index
Sustainability Accounting  
Standards Board (SASB) 
Index
Task Force on  
Climate-related Financial  
Disclosures (TCFD) Index
1 
GRI Index
2023 GRI CONTENT INDEX
Global Reporting Initiative (GRI): An international independent standards organization that helps businesses, governments and
other organizations understand and communicate their impacts on issues such as climate change, human rights and corruption.
STATEMENT OF USE: Crown Castle has reported the information cite
Keyword: governance
governance, strategy, risk management, and metrics and targets—to help investors and others understand how reporting organizations 
think about and assess climate-related risks and opportunities.
GOVERNANCE
a. Describe the board’s oversight of climate-related risks and opportunities.
Crown Castle’s board, including through its committees, oversees climate-related risks as part of its broader annual enterprise risk assessment.  
The risk assessment process takes place throughout the year at regularly scheduled meetings of the board and its committees. The Nominating,  
Environmental, Social and Governance Committee (NESG Committee) assists the board in overseeing our environmental, social and governance 
(ESG) strategies, goals and initiatives and rec
Keyword: bribe
officials, bribery and corruption, competing with
integrity and environmental protection. The Code
of Business Conduct highlights the importance
Exelon Sustainability Report 2022 128Exelon maintains a 24-hour Ethics Helpline which All investigations, regardless of who conducts maintenance of high ethical standards, public and
allows employees, suppliers, and the public to them, are guided by written procedures, and workplace safety, human rights and labor standards,
report ethics concerns as well as potential legal or the disposition must be recorded in the case diversity, the environment, conflicts of interest,
regulatory violations and to pose questions. The management platform. A template exists for bribery and corruption, fair competition, accurate
Helpl
Keyword: corruption
officials, bribery and corruption, competing with
integrity and environmental protection. The Code
of Business Conduct highlights the importance
Exelon Sustainability Report 2022 128Exelon maintains a 24-hour Ethics Helpline which All investigations, regardless of who conducts maintenance of high ethical standards, public and
allows employees, suppliers, and the public to them, are guided by written procedures, and workplace safety, human rights and labor standards,
report ethics concerns as well as potential legal or the disposition must be recorded in the case diversity, the environment, conflicts of interest,
regulatory violations and to pose questions. The management platform. A template exists for bribery and corruption, fair competition, accurate
Helpline has both a
Keyword: corruption
GRI 205: Anti-Corruption 205-1 Operations assessed for risks related to corruption Compliance and Ethics, Code of Business Conduct, Supplier Code of Conduct
205-2 Communication and training about anti-corruption policies
GGRRII 220055:: AAnnttii--CCoorrrruuppttiioonn Compliance and Ethics, Code of Business Conduct, Supplier Code of Conduct
and procedures
GRI 205: Anti-Corruption 205-3 Confirmed incidents of corruption and actions taken Compliance and Ethics
GRI 3: Material Topics 2021 3-3 Management of Anti-Competitive Behavior Compliance and Ethics
Exelon was not involved in any legal actions related to anti-competitive
GRI 206: Anti-Competitive
206-1 Legal actions for anti-competitive behavior behavior, anti-trust, or monopoly practices and did not incur any fines or
Behavior 2016
settlements related to anti-competitiv
Keyword: tax
Community Vitality 4, 8 communities through jobs, taxes paid, corporate philanthropy, community engagement, investments, use of local and diverse suppliers
and stakeholder partnerships that grow opportunities for people and city and regional economies, including local workforce development.
Exelon considers community needs, including environmental justice, in its business decisions to enable customers, business partners
Environmental Justice 3, 10, 11
and members of the community to fully and equitably participate in, and benefit from, social, environmental and economic progress.
With operations in multiple states and the District of Columbia, Exelon takes seriously its responsibilities to protect the public health
Public Health and Safety 3
and safety of those in the communities we serve durin
Keyword: tax
of government in which we operate is aligned with Exelon participates in a number of coalitions to help portfolio of tax credits and incentives to support the
Exelon’s business strategy and investment plans. support the needs of our customers and communities growth of renewable generation and the adoption of
while advancing our corporate environmental goals innovative decarbonization technology. This includes
At the national level, the Biden Administration’s and commitments. Through coalitions, like the Clean lower-carbon fuels such as hydrogen and renewable
aggressive climate goals and implementation of Energy Group, and associations, like the Edison natural gas to further the transition away from fossil
the Infrastructure Investment and Jobs Act (IIJA) and Electric Institute, Gridwise Alliance and American Gas fuels as well as enabling infrastructure such
Keyword: tax
energy commodity and the investments made for natural gas. In 2022, the state enacted a generous package of tax incentives to support hydrogen
to expand, modernize and adapt the distribution production and consumption, and legislation to prohibit municipal gas restrictions passed the House and
Senate in 2022 (vetoed by then Governor Wolf) and the PA Senate in 2023.
system are ultimately passed on to customers in
their rates. Transition and adaptation planning,
Washington D.C. codified its climate commitment in 2022 by passing legislation that commits the District to
including consideration of the economic impacts to reduce greenhouse gas emission by 60 percent compared to 2006 levels by 2030, achieve carbon
all energy users, can help inform how we can best Pepco neutrality for emissions associated with District government operations by 2040, and rea
Keyword: tax
by investing in, and managing, the electric and gas Energy Delivery and Other Riders, Taxes and Fees.
delivery systems in all of our major metropolitan areas On average across Exelon, Energy Delivery makes up
A typical customer energy bill is the product of a total
and service territories to support the energy system half of the total rate, while Energy Supply and Other
rate and the customer’s energy usage. Addressing
transformation. As the transformation unfolds, and the Charges—which are both primarily driven by external
energy affordability requires an understanding of how
physical effects of climate change continue to increase, factors—comprise the other half. Exelon’s utilities
both rates and usage affect customers’ energy costs.
we expect to see continued shifts in how, and when, operate in competitive markets that offer cu