Company's latest ESG report highlights reduction of 157 million metric tons of customers' carbon emissions and 44% reduction in operational emissions since 2019 while significantly increasing earnings per share
SWORDS, Ireland, May 31, 2024 /PRNewswire/ -- Trane Technologies (NYSE: TT), a global climate innovator, is accelerating growth and delivering continued, industry-leading financial performance while advancing the company's bold 2030 Sustainability Commitments.
Trane Technologies' latest Environmental, Social and Governance (ESG) Report, Accelerating Action for Impact, highlights the company's relentless investment in sustainable innovation, its uplifting, engaging culture and substantial progress toward its externally validated 2030 Sustainability Commitments and 2050 net-zero goals. The company has reduced 157 million metric tons of carbon from customers' emissions since 2019 while delivering a third consecutive year of more than 20% adjusted EPS growth.
"We continue to innovate, and grow, to address climate change at scale," said Dave Regnery, chair and CEO of Trane Technologies. "As we deliver on our leading, transformative climate goals, we are driving innovation and return on investment for our customers, uplifting our communities and positively shaping our industry."
"Our strong sustainability performance begins with our culture, where sustainability is integrated into every role and function and reflects our shared belief in our ability to have a meaningful impact," said Paul Camuti, Chief Technology & Sustainability Officer of Trane Technologies. "By placing sustainability at the center of our business strategy, we are addressing global challenges through tangible actions – scaling today's technology and innovating for tomorrow."
Trane Technologies' 2023 ESG Report is a comprehensive, framework-aligned set of data that provides transparency and accountability. Notable advancements made in 2023 toward Trane Technologies' 2030 Sustainability Commitments and other areas include (compared to 2019 baseline unless otherwise noted):
A series of prominent awards, ratings and listings also recognized Trane Technologies for its industry-leading sustainability performance and company culture:
To read Trane Technologies' full 2023 ESG Report, visit tranetechnologies.com/esg.
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit tranetechnologies.com.
1 Calendar year 2023 metric |
2 Calendar year 2023 metric |