Key Impact Points:
- Historic goal: The Gigaton Challenge aims to cut 1 billion metric tons of CO2e from customer carbon footprints by 2030, equal to 2% of the world’s annual emissions.
- Strategic focus areas: High efficiency equipment, system-level energy improvements, food loss reduction, and refrigerant management are the main decarbonization pathways.
- Scientific rigor: Progress will be tracked annually, using 2019 as a baseline, to ensure alignment with science-based climate targets.
Tackling Climate Change with the Gigaton Challenge
Recognizing the urgent need for extensive climate action, we have committed to one of the most ambitious, science-based goals in the industry: the Gigaton Challenge. This commitment sets a target to cut 1 billion metric tons of CO2e from our customers’ emissions by 2030. This ambitious effort aims to equate to 2% of the global annual emissions, comparable to the combined emissions of Italy, France, and the U.K.
Key Areas of Decarbonization
- High Efficiency Equipment: Accelerating the use of high-efficiency systems across buildings and transportation to enhance energy management, promote electrification, reduce costs, and bolster compliance with regulations.
- System-Level Energy Efficiency: Expanding projects that integrate improvements in building infrastructure, controls, and lighting to increase energy savings and maintain systems efficiently.
- Reducing Food Loss: Boosting temperature-controlled transportation in developing nations to prevent food spoilage in the global cold chain, contributing to emission reductions.
- Refrigerant Transition Management: Advancing equipment to stay ahead of GWP (Global Warming Potential) regulations and enhancing refrigerant reclamation through dedicated programs.
Committed to Verified Progress
Beyond achieving customer product-related goals, our commitment includes verified tracking aligned with global climate standards. Each year, emissions reductions will be measured to maintain transparency and inspire collective action. With 2019 as the baseline, we aim for an impactful and cumulative reduction by 2030, setting an example for others to follow.
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