PALM BEACH GARDENS, Fla., Oct. 2, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its commercial refrigeration business to its decades-long joint venture partner Haier (SSE: 600690) for an enterprise value of $775 million, including approximately $200 million of net pension liabilities. The sale, along with the completed divestitures of Industrial Fire and Global Access Solutions and the ann ...

Core Insights - Carrier Global Corporation is hosting an event titled "Reimagining the Built Environment for a Net Zero Future" during Climate Week in New York City, focusing on climate resilience and sustainable innovation [2][3] - The building sector is responsible for approximately 40% of global carbon emissions, highlighting its importance in the energy transition through decarbonization and energy efficiency [3] - Carrier is committed to advancing sustainable solutions and has released its 2024 Sustainability and Impact Report, outlining progress towards its 2030 sustainability goals [5] Event Details - The event will feature discussions among industry leaders, policymakers, and sustainability experts on collaboration and innovation for achieving net-zero goals [2][3] - A fireside chat will take place between David Gitlin, Carrier's Chairman and CEO, and Martin Schroeter, Chairman and CEO of Kyndryl, focusing on sustainability and energy innovation [4] Company Commitment - Carrier emphasizes the importance of intelligent climate and energy solutions in making buildings smarter, more sustainable, and efficient, while enhancing grid resilience [5] - The company is dedicated to reducing greenhouse gas emissions and improving energy efficiency across various sectors, including buildings and the cold chain [5]

Core Insights - Sustainability is becoming a top priority for U.S. corporations, with building decarbonization identified as a critical focus for the coming years [1][2] - A significant majority of U.S. C-suite executives (83%) plan to increase sustainability spending over the next two years, with 57% prioritizing sustainability and 52% focusing on decarbonization efforts [1][2] - Despite the emphasis on sustainability, only 44% of executives are confident that global net-zero goals will be achieved by 2050, indicating ongoing challenges in meeting decarbonization targets [3] Corporate Strategies - Building decarbonization is the highest priority in sustainability strategies through 2025, with executives recognizing the value of addressing climate change for investors, customers, and companies [2] - The survey revealed a divergence in focus among C-suite roles, with Chief Sustainability Officers (CSOs) concentrating on specific actions like decarbonization, while CEOs and CFOs are more focused on broader business priorities [4] - A strong belief exists among executives (85%) that corporate America has a responsibility to lead sustainability actions [5] Government Influence - Government incentives play a significant role in shaping sustainability plans, with 81% of executives indicating they would continue or increase sustainability investments even if incentives were rolled back [2] Upcoming Events - Carrier Global Corporation will host an event during Climate Week in New York City on September 24, focusing on "Reimagining the Built Environment for a Net Zero Future," aimed at discussing climate action and building decarbonization [6]

Consumers in northern regions can use incentives such as rebates and tax credits ranging from around $2,000 - $8,000 depending on location and eligibility to purchase these high-efficiency units. INDIANAPOLIS, Sept. 12, 2024 /PRNewswire/ -- With the successful completion of field trials and laboratory testing, Carrier has achieved the Department of Energy's (DOE) Cold Climate Heat Pump Challenge for residential applications. The first DOE challenge designated cold climate heat pumps are slated for productio ...

Carrier Global Corporation (NYSE:CARR) Morgan Stanley’s 12th Annual Laguna Conference September 11, 2024 11:10 AM ET Company Participants David Gitlin - Chairman & CEO Patrick Goris - SVP & CFO Conference Call Participants Christopher Snyder - Morgan Stanley Cedar Ekblom - Morgan Stanley Christopher Snyder All right. Thanks, everybody. We got Carrier here today. Chairman and CEO, Dave Gitlin; CFO, Pat Goris. Dave is going to start off with some prepared remarks before we hop into the Q&A. David Gitlin Well, ...

PALM BEACH GARDENS, Fla., Aug. 9, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the Reference Yields for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for the outstanding notes listed in the table below (collectively, the "Securities" and each, a "series") such that (i) the aggregate purchase price (excluding accrued and unpaid interest) for all Securities purchased in the Tender Offers ...

PALM BEACH GARDENS, Fla., Aug. 8, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the early tender results for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for the outstanding notes listed in the table below (collectively, the "Securities" and each, a "series") such that (i) the aggregate purchase price (excluding accrued and unpaid interest) for all Securities purchased in the Tender Of ...

Core Insights - Carrier and Sibi are collaborating to enhance the HVAC industry through a new optimized supply chain management system that leverages data-driven efficiency [1][4] - The partnership will connect home builders directly with Carrier's distribution channel partners, streamlining the ordering process and improving supply chain efficiency [2][4] - Digital tools will be provided to HVAC contractors, offering instant access to Carrier products and enhancing operational capabilities [3][4] Company Overview - Carrier is a global leader in high-technology heating, air conditioning, and refrigeration solutions, known for its sustainable and energy-efficient products [5] - Sibi is a supply chain technology company that utilizes artificial intelligence to improve procurement and asset tracking, enhancing decision-making and supply chain forecasting [6]

BEVERLY, Mass., Aug. 2, 2024 /PRNewswire/ -- Carrier Global Corporation, on behalf of its Sensitech business, a world leader in supply chain visibility, has completed its acquisition of the Monitoring Solutions business of Berlinger & Co. AG, a Swiss family-owned company that specializes in innovative and customized solutions for monitoring temperature-sensitive goods in the pharmaceutical and life science, clinical trial and global health segments. Sensitech is part of Carrier Global Corporation (NYSE: CAR ...

PALM BEACH GARDENS, Fla., July 26, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, the "Securities" and each, a "series"). | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------|--------------------------------|------------|---------------- ...