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Summary

This year's report describes the company's performance in six key areas: Governance, Environment, Products, Customers and Suppliers, People, and Communities

Report Highlights

Cutting carbon emissions is perfectly compatible with increasing returns to shareholders, as United Technologies Corp. (NYSE: UTX) demonstrates in its Corporate Responsibility Report 2007, available at www.utc.com/responsibility.

UTC reduced greenhouse gas emissions by 5 percent in 2007, as measured by the protocol of the World Business Council for Sustainable Development and the World Resources Institute. The result exceeded UTC’s annual emissions reduction goal by 66 percent.

During the same year, UTC’s total shareholder return reached 24 percent. Cumulative shareholder return during the last decade was 388 percent. UTC expects to continue reducing greenhouse gas emissions by 3 percent annually through 2010, the Corporate Responsibility report adds.

UTC was one of 20 Fortune 100 companies to publish a Corporate Responsibility Report when it first did so in 2005. This year’s report describes the company's performance in six key areas: Governance, Environment, Products, Customers and Suppliers, People, and Communities.  UTC annually measures corporate responsibility performance using key performance indicators to help stakeholders understand the company’s improvement and compare UTC to peer companies and industry benchmarks.

A PDF version of the report on UTC’s Web site is supported by more than 30 links to additional details on goals, performance and the motivation behind UTC’s initiatives.

Stakeholder feedback on the report or UTC’s corporate responsibility performance is encouraged and can be provided at www.utc.com/responsibility.

United Technologies Corp., based in Hartford, Connecticut, is a $54.8 billion diversified company. Its businesses include Carrier heating, air conditioning and refrigeration; Hamilton Sundstrand aerospace systems and industrial products; Otis elevators and escalators; Pratt & Whitney aircraft engines; Sikorsky helicopters; UTC Fire & Security systems; and UTC Power energy products and services. UTC is a Fortune 50 company with 225,600 employees working in approximately 70 countries.