Increasing Diversity
   As a global organization that relies on teamwork and a multi-plicity of viewpoints, we actively seek a diverse work force. For UTC, diversity is a competitive asset that enables us to more closely reflect and respond to the diverse needs of our markets, customers and communities. Our goal is a workplace where all employees are encouraged to reach their fullest potential and where everyone values, accepts and respects the differences in our work force.

Recruiting Practices
   Our diversity mission is reflected in our recruiting practices. In the United States, we focus on six national diversity conferences and actively recruit at a number of historically black colleges and universities. We continuously examine our leadership development and human resources policies to ensure they support our diversity strategy.
   In 2004 the National Society of Hispanic MBAs (NSHMBA) awarded UTC its highest honor, the Brillante Award, which recognizes individuals and organizations that “have significantly contributed to the mission and goals of NSHMBA and the Hispanic community.”

   Also, the National Society of Black Engineers named UTC the winner of its 2005 Golden Torch Award for Corporate Diversity Leadership. This award recognized our outstanding professional achievements in the fields of engineering and science, and our overall commitment to diversity initiatives.
   At the undergraduate level, we partner with INROADS, an international career development organization dedicated
to developing and placing talented minority students in business and preparing them for corporate and community leadership. We have worked with INROADS for more than 15 years to provide meaningful internship opportunities to talented college students who essentially serve as a pipeline for the company’s work force. In 2004 we became INROADS’ fourth-largest corporate partner, employing more than 175 INROADS interns in career-focused opportunities, with hopes of offering each a full-time job upon graduation. Nationally, we have achieved the best rate among peers of converting INROADS interns into full-time employees; more than half receive job offers. This rate has exceeded the national INROADS average over the past five years.
In 2002 UTC awarded INROADS a $500,000 grant to support our partnership, and we annually fund college scholarships
for outstanding INROADS students.

Diversity Representation
   Maintaining a diverse work force is a key component of our ability to meet the demands of a global business. We strive to remove all barriers — cultural or otherwise — so that we hire, develop, promote and retain the very best talent from around the world.
   To ensure we stay on track, we measure diversity representation in the United States with the same focus as we do our financial and operating goals. We hold our business units and functions, and their leaders, accountable for meeting their targets. At quarterly operating reviews, each business presents its progress against pre-set goals for representation of women, people of color and black/African-Americans in its executive, managerial and professional ranks. In addition, business and functional leaders are measured against objectives for diversity representation in their annual individual performance plans.
   As a result, over the past five years, we’ve seen double-digit increases in the representation of minorities and women in most areas of our U.S.-based work force. For example, in the executive category, the number of women has increased 47 percent, the number of people of color has increased 23 percent, and the number of black /African-Americans increased 23 percent. In the manager and professional categories, we also have achieved substantial increases among some groups, but not all. We are committed to setting stretch targets for these areas, developing aggressive action plans and monitoring the results.