United Technologies 2008 Annual Report Download - page 28

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At-a-glance
Governance In 2008, UTC increased its Dow Jones Sustainability Indexes rating by 3 points
and again was named one of the Global 100 Most Sustainable Corporations in the World at
the World Economic Forum in Davos, Switzerland. We also received a positive assessment
from RiskMetrics’ ranking of the S&P 500, an AAA rating from Innovest Strategic Value
Advisors and were rated 9.5 out of 10 by GovernanceMetrics International.
Environment UTC has continuously reported Environment, Health & Safety (EH&S) perform-
ance since 1992. In 1997, we committed to 10-year goals to reduce energy and water use, which
resulted in a 19 percent reduction in energy use and a 49 percent reduction in water use by the
end of 2006. With 2006 as our baseline, we then set even more aggressive goals for improved
performance by the end of 2010. These goals include reducing greenhouse gas emissions by
3 percent annually and water consumption by 2.5 percent annually. Since the beginning of
2007, we have achieved reductions of 11 percent on both metrics. UTC environmental report-
ing standards encourage the ongoing analysis and correction of data as applicable following the
close of a reporting period. Previously reported annual environmental metric results may change
between annual reporting periods, and UTC will include any prior year data revisions in
current reporting. Additional information on UTC’s environmental reporting standards, our
EH&S goals and objectives, and our progress to date is posted at www.utc.com/responsibility.
Customers and Suppliers Since January 1, 2007, 1,124 key suppliers, representing approximately
40 percent of UTC’s product spend, completed self-assessments against baseline EH&S
expectations. All but 2 percent have met those requirements. We aim to have 100 percent
meeting expectations and onsite reviews conducted at 10 percent of the suppliers by the end
of 2010.
Corporate Responsibility
Dow Jones Sustainability Indexes
Total score
04
9.5
05
10
06
10
07
9.5
08
9.5
04
81.4
05
95.3
06
95.1
07
82.1
08
79.5
GovernanceMetrics International
Accountability Rating
Compared to S&P 500 companies
based on prior year data
RiskMetrics Corporate
Governance Quotient
Compared to S&P 500 companies
as of Feb. 1, 2009
Greenhouse gases
Million metric tons CO2e
Industrial process waste
Million lbs
Worldwide water consumption
Million gals
04
57
05
70
06
62
07
69
08
72
From greenhouse gas emissions to employee education, UTC measures corporate responsibility progress using key performance indicators (KPIs). Additional KPIs are available on our Web site at www.utc.com/responsibility.
26 United Technologies Corporation
04E 05E 06
390
07 08
311
297
93
338
257
81
recycled non-recycled
236
75
328
280
48
351
290
61
04E 05E 06
2.44
07
2.31
08
2.17
2.02 2.03