SUSTAINABLE SOLUTIONS FOR GLOBAL IMPACT

Social Responsibility

Carpenter Technology Social Responsibility Team Photo 2

BELONGING

Carpenter Technology has a culture that builds on the different backgrounds, experiences, and perspectives of all employees to drive performance. Our commitment to inclusion and belonging is woven into our Core Values of dignity and respect for all. By embracing our diverse perspectives, we accelerate the creation of innovative solutions that deliver value to our customers.

Carpenter-Technology-Our-People-2022
Carpenter-Technology-Our-People-2022

AT CARPENTER TECHNOLOGY, WE ARE ONE COMPANY FOR ALL

Belonging Committee

Our Belonging Committee plays a critical role in advancing our awareness and engagement of key topics.

Comprised of volunteers from all levels and sites, the team is focused on cultivating an environment where equality thrives.

Since its inception, the committee has spearheaded several initiatives:

Campaigns

Every month, the Belonging Committee celebrates the various backgrounds and contributions of our employees. Celebrations include panel discussions, cultural activities, and more.

“Don‘t back down from any kind of challenge. Always be willing to learn.”

— Valon A.
Production Manager

Carpenter-Technology-Valon-A-smaller
Carpenter-Technology-Valon-A-smaller

Workplace Demographics 

Carpenter Technology collects and analyzes self-reported information from our U.S. employees based on the EEO-1 reporting framework. The data are only used as a tool for ascertaining the various backgrounds and perspectives of the workforce.

U.S. Employee Demographics

Carpenter Technology US Employee Diversity Demographics 2023

*Other includes: American Indians and Alaska Natives, Native Hawaiians and Other Pacific Islanders, people who identify as two or more races, and those who choose not to answer.

Gender Demographics (4,500+ Total Employees)

Carpenter Technology Gender Demographics 2023

 

HUMAN RIGHTS

The human rights of our employees and employees of our business partners are respected across our organization in line with international standards, including the United Nations Guiding Principles on Business and Human Rights. Our approach to managing human rights in our organization and across our supply chain is outlined in our Human Rights Policy, which applies to 100% of our operations. We also conduct internal assessments to evaluate actual and potential risks, as required by national and international laws and regulations.

VISIT OUR HUMAN RIGHTS PAGE

TRAINING AND DEVELOPMENT

Carpenter Technology is rooted in a culture of continuous improvement. Central to this culture is our ability to attract, retain, and develop the best possible talent through employee training, engagement, and recognition.

PROFESSIONAL DEVELOPMENT

Salaried employees participate in twice-yearly performance reviews involving self-evaluation and manager evaluation. We encourage leaders and employees to have regular career development and feedback sessions.

LEARNING MANAGEMENT

Carpenter Technology provides employees with access to professional skills, leadership and management, personal growth, and wellness courses through our online learning management system. Courses are offered in a variety of languages in addition to English to ensure training is accessible to our employees across the globe. 

SUPERVISOR ACADEMY

The Supervisor Academy provides collaborative, hands-on training in critical initiatives, such as operational excellence, safety, and Lean manufacturing. The highly interactive modules stress our Core Values, with the goal of creating best-in-class leaders. Going forward, the Supervisor Academy program will also include soft skills training related to performance and management.

LEAN MANUFACTURING CERTIFICATIONS

To further our commitment to continuous improvement, Carpenter Technology offers employees Lean manufacturing yellow belt and green belt certifications to strengthen employee understanding of the Carpenter Technology Operating Model. Through the certification road map, employees learn Lean principles through hands-on activities and training.

CALCct

The Carpenter Applied Learning Center – Critical Thinking (CALCct) program develops employee skills in risk identification, judgment, problem-solving, decision making, and nonstandard events. Through the program, employees are presented with safety or operational challenges and learn how to respond effectively.

TUITION REIMBURSEMENT

Carpenter Technology offers a best-in-class tuition reimbursement program, allowing our employees to use towards degrees and certifications. This program offers up to $11,000 per year to support degrees and certifications attainment to ensure our workforce can continue to grow and learn with Carpenter Technology.

Carpenter Technology Badge
In FY23, our employees voluntarily completed more than 10,500 professional skills and leadership-related courses.

EMPLOYEE ENGAGEMENT

Carpenter Technology strives to have a workforce that is fully engaged, embraces our Core Values, takes pride in the company, and is energized about the company’s future. 

EMPLOYEE ENGAGEMENT SURVEY

Our employee engagement surveys gather employee feedback across several dimensions, including Safety, Work/Life Balance, Growth and Development, and Communication. Based on employee feedback, Carpenter Technology has introduced programs to further engage our workforce by providing resources to implement company improvements.

THIS MINDSET DRIVES HIGHER MORALE AND JOB SATISFACTION, BETTER RETENTION, AND IMPROVED FINANCIAL OUTCOMES.

CARPENTER TECHNOLOGY IMPACT AWARDS

In 2017, Carpenter Technology launched the annual Impact Awards to celebrate and recognize employees who actively demonstrate our Core Values. Awardees are chosen from five categories and awarded a monetary donation to an organization of their choice. On behalf of our Impact Award winners, Carpenter Technology has donated more than $860,000 to various organizations in the communities in which we live and work.

Since 2017, Impact Award Winners have supported more than 98 nonprofit organizations.

Carpenter Technology 2023 Impact Awards Ultimate Winner
Carpenter Technology 2023 Impact Awards Ultimate Winner
Carpenter-Technology-2022-Impact-Awards-camp

A SIGNIFICANT IMPACT

In 2024, Carpenter Technology’s Impact Award winners donated $110,000 across the following organizations:

  • Darlington Community Foundation

  • Delaware Valley Golden Retriever Rescue

  • Elle’s Angels Foundation

  • Haven House Services

  • Hope Rescue Mission

  • Make-a-Wish of Alabama

  • Mary’s Shelter - Reading

  • Moffit Cancer Center

  • Morgan County Child Advocacy Center (CAC)

  • Reading Science Center

  • St. Jude Children’s Research Hospital

  • Still Serving Veterans

  • The Kids to Love Foundation

  • Wounded Warrior Project

Photo, left: Take a Friend Fishing with Carpenter Technology Cares

EMERGING TALENT

We are always looking for the next generation of innovators to help us tackle the challenges and opportunities of tomorrow. Finding innovative minds starts with recruitment from talented pools.

Associate Metallurgy Program

Our Associate Metallurgy program provides recent graduates across our Reading, PA, Latrobe, PA, and Athens, AL sites an opportunity to engage in direct, hands-on experience within the Specialty Alloys Operations of Carpenter Technology. Participants are cross-trained through 12-week rotations in two areas of expertise — product and process, and research and development — then choose their preferred career path at Carpenter Technology. This model allows participants to have direct visibility to several areas of company processes and helps develop skills outside their comfort zone.

Internship Program

Interns are exposed to real-life work experiences that make meaningful contributions to organizational needs and goals. Internship roles include positions in Commercial, R&D, HR, EHSS, Finance, Engineering, Supply Chain, and Operations teams. Beyond the challenge and reward of working with Carpenter Technology, interns can expect a competitive pay structure, paid holidays, networking, and opportunities for professional development.

Carpenter-Technology-Emerging-Talent
Carpenter-Technology-Compensation

COMPENSATION, BENEFITS, AND EMPLOYEE RECOGNITION

Our Total Rewards program demonstrates our commitment to making Carpenter Technology a great place to work. The following programs highlight some of the benefits that keep the needs of our employees and their families in mind:

  • Compensation: Market-competitive, performance-based, and equitable compensation structure.

  • Health and Well-being: Comprehensive health care coverage to support physical and mental well-being and access to our Global Employee Assistance Program (EAP) system.

  • Financial Security: Retirement benefits, including a 401k retirement plan.

  • Work-Life Balance: With family-focused paid leave options.

  • Career Development: Access to thousands of digital training courses through our learning management system, with opportunities for further career development via internal programs and tuition assistance.

EMPLOYEE HEALTH AND WELL-BEING

Carpenter Technology provides services to employees focusing on their personal health and well-being. Our Employee Assistance Program (EAP) provides employees support with mental health care, personal growth and training, work-life services, mindfulness practices, life coaching, emotional well-being, behavioral health, and more. 

In addition, Carpenter Technology employees have access to a virtual health program offering Primary Care visits, Behavioral Health Therapy, and Psychiatry to support mental health needs. We also host a wellness day at all locations, providing flu vaccinations, biometric screening, and educational materials for healthy lifestyles.

Our Employee Assistance Program provides mental health care, personal growth and training, work-life services, mindfulness practices, life coaching, emotional well-being, behavioral health, and more.

Carpenter Technology Employee Health and Wellbeing
Carpenter Technology Employee Health and Wellbeing
Carpenter Technology Community Engagement 2024 man and child with fish copy

COMMUNITY ENGAGEMENT

We are passionate about the communities where we live and work. With our employee-driven community service program and partnerships with United Way, Carpenter Technology and employees provide not only donations, but also time and support through volunteerism.

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Carpenter Technology Community Engagement 2024 man and child with fish copy

Carpenter Technology Cares is our employee-driven community service program. The mission is to provide our time, skills, and compassion to better serve the communities where we live and work.

Take a Friend Fishing

In 2025, our Carpenter Technology Cares team and their family members volunteered at the 35th annual Take a Friend Fishing event. Our volunteers helped create a fun-filled day of fishing, swimming, and games for over 150 children from the Reading Olivet’s Boys and Girls Club.

School Supplies Collection Drive

In 2025, we held our third annual school supplies collection drive to benefit school students in our local communities. This initiative is organized by our summer interns, who select the recipient organizations and coordinate the logistics. We launched this initiative to further involve our interns in corporate giving actions associated with our Core Values. This was our most successful drive to date, as we collected over 7,500 items.

UNITED WAY

Partnering with the Community

Our relationship with United Way is central to our community engagement efforts. Carpenter Technology provides corporate support to address and invest in programs focused on immediate and evolving community needs.

In addition, several Carpenter Technology employees participate in United Way Berks leadership, including the Board of Directors, Campaign Cabinet, and Blueprint for Leadership program, which trains individuals to serve in leadership volunteer positions throughout the community.

Last year, Carpenter Technology and employees provided monetary donations to several United Way locations across the country, donating more than $750,000.

The Big Cheese

Carpenter Technology employees, friends, and family joined forces with local companies for The Big Cheese, the largest United Way-driven meal packing event in the country. This was the ninth year Carpenter Technology has joined the United Way in packaging meals to help fight hunger in Berks County. This year, volunteers packaged 500,000 meals over the course of two days.

 

Food was portioned and packaged up at the Penn State Berks Campus to be distributed to local school children through the Weekend Program, as well as food pantries located throughout Berks County. The Reading School District also received a portion of the meals to be distributed to children throughout the school year.

$10M+

DONATED BY CARPENTER TECHNOLOGY AND EMPLOYEES TO UNITED WAY BERKS SINCE 2006.

SUPPORTING EDUCATION

Cybersecurity Education

Carpenter Technology’s cybersecurity team continues to partner with Reading Area Community College (RACC) to support nontraditional students pursuing a career in cybersecurity by offering scholarships and training to students seeking careers in cybersecurity. Through our efforts, we can fund the cost of official certification testing, allowing talented individuals to achieve a career in cybersecurity opportunities that are available at Carpenter Technology and across the industry.

The cybersecurity team has also partnered with Calhoun Community College to establish a co-op program offering real-world experiences to students in the North Alabama community. In addition, the team participates in speaking engagements at Calhoun Community College’s Summer Cyber Camp to encourage middle through high school students to seek career opportunities in cybersecurity.

 

To develop interest in cybersecurity careers early in childhood education, members of the Carpenter Technology cybersecurity team participate in Girl Scouts events that result in Cybersafety and Cybersleuth badges. Team members routinely speak at local K-12 schools to students and parents to raise awareness about various risks associated with internet use and online social networking platforms as well as safe practices.

The cybersecurity team also provides expertise to non-profit organizations with a mission to combat human trafficking.

Reading Science Center Exhibit

Carpenter Technology was invited to help shape the exhibition space at the Reading Science Center. The goal of the center is to promote Science, Technology, Engineering, and Mathematics (STEM) throughout the city and the surrounding communities. Employees from across the company came together to brainstorm, design, and build a series of hands-on exhibits that bring the production of our specialty alloys to life. Starting with a blank canvas, the team developed interactive displays covering melt, hot work, characterization, and immersion sonic inspection. To make the story even more tangible, we added real customer parts to showcase the wide range of end-use applications for Carpenter Technology materials. The result is a true passion project, driven by our employees’ creativity, the company’s commitment to the community, and a strong partnership with the Reading Science Center.

Sponsoring ASM Materials Education Camps

Carpenter Technology metallurgist and engineers volunteer their time to organize and mentor students and teachers at multiple Materials Camps through the ASM Education Foundation. The camps, hosted at ASM International headquarters and Lehigh University, entice K-12 students and teachers to learn more about materials sciences and engineering. Students and teachers participate in hands-on, highly interactive, lab-based activities to introduce material sciences and metallurgy, a critical field for Carpenter Technology’s products and processes. Through financial support and volunteerism, Carpenter Technology has supported the Eisenman Materials Camp and ASM Education Foundation for more than 10 years.