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Environmental
Impact
Sustainability has been a fundamental part of Carlisle's culture since our founding over one hundred years ago. Today our three-pillar sustainability strategy of manufacturing energy efficient products and solutions, reducing emissions from our manufacturing processes, and diverting waste going to landfills drives our efforts to help build a net-zero future.
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$3.2B
in LEED qualified products manufactured and sold in 2021
70% of our total sales
120M
megawatt hours of energy saved on products sold
Enough to power 2.5M homes in the U.S. for a year
30M
metric tons of CO2 emissions avoided based on products sold
The same amount 80 natural gas-fired power plants emit in a year
275K
trees planted to date through our partnership with American Forests
0.67
OSHA Incident Rate due to our Path to Zero initiative
Compared to 3.4 industry average (U.S. Bureau of Labor Statistics)
1M
tons of waste diverted,
7 years ahead of schedule
New waste diversion goal of 2 million tons by 2030
D. Christian Koch
Chair, President and Chief Executive Officer
Carlisle Companies Incorporated
To Our Stakeholders
“Carlisle produces products that make buildings more energy efficient and resilient... In 2023 Carlisle sold enough energy efficient products to avoid 84 million metric tons of scope 4 CO2 emissions"
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Our Mission
Carlisle’s mission is to help deliver a more sustainable future by supplying innovative and energy efficient products while reducing our operational greenhouse gas emissions and the amount of construction materials in landfills.
Our 2030 Sustainability Objectives
2019
2020
2021
2030 Target
Progress
Facilities with LED lighting
17
20
20
82
32%
Electric vehicle fleet %
Not tracked
10%
100%
10%
ISO 14001 qualified facilities
9
19
30
82
37%
ISO 50001 qualified facilities
0
2
3
35
6%
About Carlisle
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As we deliver on the objectives of Vision 2025, Carlisle remains steadfast in our commitment to ESG and another century of responsible stewardship.
Environment
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Carlisle’s long history of responsible and sustainable practices extends to the development and production of our highly engineered, energy efficient products
and solutions.
Social
Explore
Talent development, community engagement, diversity and inclusion, civility, and safety are just a few areas important to Carlisle and our stakeholders.
Governance
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Carlisle is committed to the highest ethical standards and conducting business throughout all of our operations with integrity. It is through these efforts that we have earned the respect and trust of our stakeholders.
At Carlisle, our legacy of sustainability is foundational to our value creation for our stakeholders. I’m proud to report that we once again made significant progress toward our sustainability objectives in 2023. This year’s sustainability report highlights the excellent work of Carlisle employees throughout the world who are dedicated to our sustainability strategy to manufacture energy efficient products, reduce our emissions, and divert landfill waste.
Last year Carlisle sold more than $3.2 billion worth of LEED qualified products to our customers in the residential and commercial building industry.
Vision 2030
2023 was a momentous year for Carlisle as we completed our “pivot” from a diversified industrial portfolio of businesses to a “pure play” building products company. Accompanying our strategic pivot was the successful achievement of our goals under Vision 2025, three years ahead of schedule. Additionally, this year marked the launch of our much-anticipated Vision 2030 strategy, building on Vision 2025 and further unlocking the full potential of our pure play building products portfolio. The pillars of Vision 2030 include over three times the level of investment in innovation, a continued emphasis on synergistic M&A, attracting and retaining top talent, and holding steadfast to our sustainability commitments. Our Vision 2030 strategy broadens our competitive advantage and expands our market opportunity.
Our Market Opportunity
The need for energy efficient solutions continues to expand. Global and U.S. electricity demand is expected to grow in the years ahead. Ongoing electrification of residential and transportation markets, rapid expansion of data centers, and re-shored manufacturing facilities will all apply pressure to electric energy capacity. The built environment is a key source of this growing demand for electricity, accounting for about a third of all energy consumption and greenhouse gas (GHG) emissions. Carlisle produces products that make buildings more energy efficient and resilient. Last year, nearly 70% of our annual revenue was derived
from LEED qualified products serving the residential, commercial, and industrial markets. These energy efficient products will help our customers avoid 84 million metric tons of scope 4 CO2 emissions, the equivalent annual emissions of nearly 22 coal-fired powerplants.* The demand for Carlisle’s products continues to grow following global energy demand trends. We will continue to drive above market growth through our industry-leading technologies, investment in innovation, and strategic acquisitions.
Our 2023 Progress
While others talk about sustainability, Carlisle takes concrete actions that deliver tangible results. Our newest polyiso manufacturing plant in Sikeston, Missouri was built with Carlisle’s energy saving products, and received the first-ever LEED Platinum v4 certification for a manufacturing facility in North America. This facility showcases the utility of our energy saving products while helping us achieve our emissions reduction targets. We are also proud of our team’s ability to deliver award-winning financial and operational performance. Carlisle was named one of America’s Climate Leaders by USA Today and one of Newsweek’s Most Responsible Companies for the second straight year. Additionally, Carlisle was named one of Institutional Investors’ Most Honored Companies, placing first in seven out of eight categories in the Homebuilding and Building Products industry. This commitment to excellence helped Carlisle finish 2023 with record earnings per share. Our performance is a testament to the focused execution at Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT),
our culture of continuous improvement driven by the Carlisle Operating System (COS), and our industry-leading customer service,
support, and delivery performance through the Carlisle Experience. In 2023 Carlisle delivered exceptional progress against our three-pillar sustainability strategy:
Carlisle’s steadfast commitment to our sustainability goals is consistent with our core values of continuous improvement and operational excellence. Our goals are ambitious, however our teams are engaged and focused on creating a more sustainable future. Thank you for investing your valuable time to read this year’s sustainability report. Operating more efficiently, reducing waste, and providing energy saving solutions has been a part of our daily work at Carlisle for decades. We are especially proud of our achievements in 2023 and look forward to building on our 100+ year legacy of sustainability well into the future.
D. Christian Koch
Chair, President, and Chief Executive Officer
Introduction
About Carlisle
Environment Sustainability
Social Impact
Corporate Governance
ESG Data Center
In 2023 Carlisle...
Significant 2023 Milestones on Our Sustainability Journey
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Carlisle Companies commits to reduce absolute scope 1 and scope 2 GHG emissions by
45%
by 2030 from our 2021 base year.
Carlisle Companies commits to reduce scope 3 GHG emissions
52%
per lb produced by 2030 from a 2021 base year.
The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.
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Our Scope 1 and 2 reduction plans include:
Energy Conservation Measures such as LED lighting and HVAC optimization at our manufacturing facilities
Increasing Solar Generation for manufacturing facilities
Transition to low emission process fuels
Electric fleet and factory vehicles
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Our Scope 3 reduction plans include:
Transition to more bio-based feedstocks
Transition to low emission blowing agents
Electrification of material transportation modes
Manufacturing energy efficient products
Reducing our emissions
Diverting landfill waste
From our 2021 baseline, we have reduced our scope 1 and 2 emissions by more than 21%, a testament to efficiency gains achieved through the Carlisle Operating System.
Construction materials contribute as much as 30% of landfill waste. In 2023 Carlisle surpassed our initial goal of 1M tons of waste diverted through our recycling initiatives. We’ve now doubled that goal to 2M tons by 2030.
