###### Sustainability Governance
Our sustainability governance is integrated throughout the organization
and embedded into our culture. The Governance Committee of our Board of
Directors reviews and oversees Carrier's positions on significant public policy
and ESG issues, including our government relations initiatives and the Carrier
Political Action Committee (Carrier PAC); environment, health and safety;
product integrity; and diversity and inclusion. The ESG Steering Committee
is a formal team of cross-functional leaders responsible for driving ESG
performance, including our sustainability and climate change commitments.
The Steering Committee regularly engages with the Executive Leadership
Team as well as the Board of Directors to report progress. The Steering
Committee includes functional representation from finance; human resources;
environment, health and safety; supply chain; product quality; product safety;
engineering; government relations; investor relations; communications and
corporate social responsibility."
"###### Political Involvement
We believe that participating in the legislative and regulatory process is
an important part of responsible corporate citizenship, and Carrier and our
employees have a legitimate interest in public policy debates. Our board
reviews and monitors Carrier's government relations activities, including
those of the Carrier PAC. These activities are governed by and conducted in
accordance with the standards articulated in our Code of Ethics and corporate
policy on government relations.
Our government relations initiatives are intended to educate and inform
officials and the public on a broad range of public policy issues that are
important to our business and consistent with the best interests of the
company and our shareowners. These initiatives are not based on the personal
agendas of individual shareowners or Carrier's directors, officers or employees.
Carrier does not make direct political contributions to candidates for U.S.
federal office and does not contribute to candidates for state or local office
in the U.S. or for offices in foreign countries. The Carrier PAC, which is
entirely funded by voluntary contributions, is nonpartisan and will contribute
to candidates for federal office supportive of Carrier's corporate business
interests and public policy goals, regardless of political party.