Carrier Global Corp.
Industry Group: Building Products
Country/Region: United States of America
Identifier: NYS:CARR
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Building Products 7 out of 148
Universe
Global Universe 2304 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Trane Technologies Plc |
14.8
Low
|
5 out of 148 |
Johnson Controls International Plc |
16.1
Low
|
6 out of 148 |
Carrier Global Corp. |
16.2
Low
|
7 out of 148 |
Compagnie de Saint-Gobain SA |
18.9
Low
|
15 out of 148 |
DAIKIN INDUSTRIES Ltd. |
20.8
Medium
|
30 out of 148 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Carrier Global Corp.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Carrier Global Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Carrier Global Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Carrier Global Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level