Published: July 17, 2024

Climate innovation for a more sustainable world

With its purpose-driven strategy and relentless focus on sustainable innovation, Trane Technologies is accelerating action for impact

Author: Trane Technologies

Most people do not realize that heating and cooling of buildings accounts for 15% of global greenhouse gas emissions, or that another 10% comes from food waste, much of which happens during transport.

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Trane Technologies is a global climate innovator. We wake up every day thinking about how we can bring down that 25% of emissions, while advancing sustainability and decarbonization through our brands Trane® and Thermo King®, which bring efficient and sustainable climate solutions to buildings, homes and transportation

We believe that one company can change an industry and that one industry can change the world. Backed by our purpose-driven strategy, relentless innovation and uplifting culture, we are uniquely positioned to lead by example and boldly challenge what is possible for a sustainable world. It is not often you find an incumbent who is also a disruptor, but that is exactly who we are.

At Trane Technologies, sustainability is integrated into every role and function and reflects our shared belief in our ability to have a meaningful impact. We have been advocating and innovating for climate change and climate action since long before it was the norm. Our bold 2030 Sustainability Commitments, which are deeply embedded into our business strategy, everyday operations and culture, have raised the stakes for our industry.

To ensure our strategy will have the positive impact that is necessary, we have aligned our commitments with the United Nations Sustainable Development Goals and are among the first in our industry, and the world, to have our 2030 and net-zero by 2050 emissions reduction goals validated by the Science Based Targets initiative (SBTi).

We know that reversing the detrimental effects of climate change requires transformative innovation. Such thinking inspired our Gigaton Challenge – the largest climate commitment of any global company related to product emission reductions within a single decade. The Gigaton Challenge is a pledge to reduce our customers’ emissions by one gigaton, or one billion metric tons, by 2030. To put that into context, that is equivalent to 2% of the world's annual emissions – or the annual emissions of Italy, France and the UK combined.

2023 was the hottest year on record, and demand for our innovative climate solutions is only increasing. This underscores the need for clean technologies to be deployed at scale in a way that improves life for everyone. Our thinking about scaling is grounded in our people – the talent driving our innovation every day. From the manufacturing floor and our engineering labs to our product managers and marketing and communications storytellers, each person plays a unique and valuable role – which is why we are adamant about investing in and sustaining a diverse workforce reflective of our communities. Creating a culture where all backgrounds, experiences and perspectives can thrive is core to helping us innovate for a more sustainable future.

Propelled by our purpose to boldly challenge what is possible for a sustainable world, Trane Technologies is committed to turning ambition into positive impact through bold and disruptive innovation – helping solve some of the world’s most pressing challenges.

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