Trane Technologies Advances Decarbonisation & Innovation
Trane Technologies, a global climate innovator, is continuing to set the pace for decarbonizing buildings, industry and the cold chain by reducing energy use and carbon emissions for customers and in its own operations – while consistently delivering leading business and sustainability performance.
Trane Technologies’ 2024 Sustainability Report highlights the company’s consistent execution, focused sustainability strategy and continued investment in innovation.
“We continue to advance sustainability by reducing energy use and emissions through our innovative thermal management systems, electrification and digital enablement for our customers and in our own operations,” said Dave Regnery, chair and CEO of Trane Technologies. “Our customer solutions are green for green – good for the planet, and good for our customers’ bottom line.”
Trane Technologies has reduced customer carbon emissions by 237 million metric tons since 2019, on track to meet its Gigaton Challenge goal to reduce one gigaton (or, one billion metric tons) of customer carbon emissions by 2030. In 2024, the company launched 190 new products including a significant portfolio refresh with lower global warming potential (GWP) refrigerants. With high customer demand for sustainable solutions, the company delivered a fourth consecutive year of more than 20% adjusted EPS growth.
“We’re setting the standard for what’s possible in sustainable innovation. While demand for our sustainable solutions and manufacturing needs have increased, we’ve simultaneously reduced carbon emissions and environmental impacts in our operations,” said Mauro Atalla, Chief Technology & Sustainability Officer of Trane Technologies. “We are proving that by embedding sustainability into our purpose, strategy and culture, it is possible to be a growth company, meet ambitious sustainability commitments and add value to customers by helping them meet their goals.”
Trane Technologies’ 2024 Sustainability Report includes a comprehensive set of data, aligned with leading sustainability frameworks, that showcases how centering sustainability in business generates positive outcomes for customers, investors, employees and society.
