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Carrier Unveils Its First Environmental Product Declaration for Residential HVAC Systems in North America

1. Carrier launched its first Environmental Product Declaration for residential HVAC solutions. 2. EPD highlights sustainability metrics like energy efficiency and carbon footprint. 3. The initiative aligns with Carrier's $4 billion investment in sustainable technologies. 4. Carrier recently recognized as a Green Builder Media 2024 Eco-Leader for transparency. 5. This move addresses growing consumer demand for environmentally-friendly products in HVAC.

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Why Bullish?

The launch of the EPD signifies Carrier's strong commitment to sustainability, enhancing brand reputation. Historically, such advancements in corporate responsibility have led to increased consumer trust and sales growth, positively impacting stock performance.

How important is it?

The announcement enhances Carrier's market position and meets consumer demand, indicating potential for sustained growth, which could influence future earnings and stock price positively.

Why Long Term?

The ongoing commitment to sustainability and innovation suggests long-term benefits. As regulations tighten and consumer preference shifts, Carrier's proactive strategy positions it well for future growth.

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INDIANAPOLIS, March 12, 2025 /PRNewswire/ -- Carrier is pleased to announce the launch of its first Environmental Product Declaration (EPD) for residential HVAC solutions in North America. This milestone reinforces the company's ongoing commitment to sustainability and transparency in the environmental performance of its products. Carrier is a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions. The EPD, based on rigorous life cycle assessment (LCA) methodology, provides a comprehensive overview of the environmental impacts associated with the production, use, and disposal of Carrier's Comfort™ Fan Coil and Performance™ Variable-Speed Compact Heat Pump. This independent declaration includes key metrics such as carbon dioxide performance, energy consumption, and natural resource usage, all of which are vital factors influencing the overall environmental footprint of the residential HVAC industry. "Publishing our first residential EPD in North America represents a significant step forward in our commitment to sustainability and environmental responsibility," said Hakan Yilmaz, SVP, Chief Technology & Sustainability Officer, Carrier. "Transparency is key to empowering homeowners, contractors, and building professionals to make informed choices about the products they install. This EPD not only reflects our dedication to sustainable practices, but it also provides clear, credible data to support green building initiatives." The EPD follows established international standards, including ISO 14025, lending to the credibility and consistency of the environmental data. This initiative aligns with Carrier's broader strategy to invest $4 billion in the innovation and development of intelligent climate and energy solutions that reduce environmental impacts and help customers avoid more than 1 gigaton of greenhouse gas emissions by 2030. Recently, Carrier was honored as a Green Builder Media 2024 Eco-Leader for its sustainability transparency, including its publication of 48 EPDs for HVAC products globally. With the publication of this EPD, Carrier is helping to meet growing consumer demand for more environmentally conscious products in the HVAC market. By providing detailed environmental impact information, the company is empowering its customers to make choices that align with their sustainability goals. The EPD for Carrier's residential HVAC products is now available for download here. Learn more about Carrier by visiting carrier.com or following @Carrier on X. About CarrierFounded by the inventor of modern air conditioning, Carrier is a world leader in high-technology heating, air-conditioning, and refrigeration solutions. Carrier experts provide sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport, and food service customers. Carrier is a part of Carrier Global Corporation, global leader in intelligent climate and energy solutions that matter for people and our planet for generations to come. For more information, visit carrier.com or follow @Carrier on X. Contact: Kelsey Taylor 317-690-7700 [email protected] SOURCE Carrier Global Corporation

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