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.

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.

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-2025

*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.

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.

RESOURCE CATALOG

Employees have access to Carpenter Technology’s Training & Development Resources Catalog, a centralized resource that consolidates learning opportunities from our Learning Management System (LMS), external providers, local training resources, books, and other development tools. The catalog helps employees easily identify professional, leadership, and soft-skill development opportunities that support continuous learning and career growth.

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 the benefit towards degrees and certifications. This program offers up to $11,000 per year to support the attainment of degrees and certifications, helping ensure that our workforce can continue to grow and learn with Carpenter Technology.

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 $970,000 to various organizations in the communities in which we live and work.

Since 2017, Impact Award Winners have supported more than 106 nonprofit organizations.

Carpenter Technology 2023 Impact Awards Ultimate Winner

Carpenter-Technology-2022-Impact-Awards-camp

A SIGNIFICANT IMPACT

In 2025, Carpenter Technology’s Impact Award winners donated $110,000 across the following organizations:

Children’s Scholarship Fund Philadelphia
Cranio Care Bears
Delaware Valley Golden Retriever Rescue, Inc.
Hands Across Decatur
Helping Harvest
Hope Rescue Mission
K9s for Warriors
Opportunity House Shelter
Russel Hill Cancer Foundation
UPMC Children’s Hospital Foundation
Westmoreland Habitat for Humanity
Wounded Warrior Project

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

The Associate Metallurgist Development Program provides a formalized introduction and development platform in the Metallurgy career field for recent college graduates during their first years with Carpenter Technology. These opportunities span across multiple skill teams in R&D or Product & Process Metallurgy. This program is designed to promote development of a broad set of capabilities for assignment to a higher-level Metallurgist position within Carpenter Technology.

Internship Program

The Carpenter Technology Internship Program is designed to transform high‑potential students into future leaders. By immersing interns in meaningful, high‑impact work and providing the tools, mentorship, and executive exposure needed to succeed, we create an experience that is both challenging and rewarding. Our interns don’t just learn about Carpenter Technology — they contribute to it in meaningful ways. Intern positions span the organization, including Engineering, Metallurgy, Operations, EHS, Finance and HR. Interns are provided with competitive pay, paid holidays, professional development, and networking opportunities.

COMPENSATION, BENEFITS, AND EMPLOYEE RECOGNITION

Our Total Rewards program supports employees’ financial security, health, well-being, work-life needs, and professional development through a range of compensation and benefit programs.

Compensation: Market-competitive, performance-based, and equitable compensation structure.
Health and Well-being: Comprehensive health care coverage and access to our Global Employee Assistance Program.
Financial Security: Retirement benefits, including a 401(k) 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 resources that support employees’ physical, mental, and emotional well-being. Our Global Employee Assistance Program offers mental health support, work-life services, mindfulness resources, life coaching, and other well-being services.

Employees also have access to virtual primary care, behavioral health therapy, and psychiatry. Wellness days at our locations provide flu vaccinations, biometric screenings, and educational resources that encourage 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

COMMUNITY ENGAGEMENT

Carpenter Technology and our employees support the communities where we live and work through volunteerism, charitable giving, educational partnerships, and the employee-driven Carpenter Technology Cares program. Our efforts focus on community needs, education and workforce development, and STEM outreach.

Our Focus Areas

Community Support: Through Carpenter Technology Cares and partnerships with organizations such as United Way, employees contribute time, skills, financial support, and volunteer service to address local community needs.

Education and Workforce Development: Carpenter Technology supports cybersecurity scholarships, certification testing, co-op programs, and educational outreach that help students explore career opportunities and build relevant skills.

STEM and Community Outreach: Employees support ASM Materials Camps, K-12 engagement, and the Reading Science Center through mentorship, technical expertise, interactive exhibits and hands-on learning experiences.

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Social Responsibility