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19 May 2021

Trane Technologies Recognized by Financial Times for Leadership in Environmental

Trane Technologies plc, a global climate innovator, recently earned three prestigious rankings: Forbes ‘America’s Best Employers for Diversity", Financial Times ‘Europe’s Climate Leaders 2021’, and 3BL Media’s ‘100 Best Corporate Citizens of 2021.’ Inclusion on these rankings recognize the company’s significant contributions towards diversity, equity and inclusion (DEI) in the workplace, and outstanding sustainability performance.

“Last year, we launched Trane Technologies as a climate-focused company and had an opportunity to re-imagine what we could be with a purpose built around sustainability,” said Mike Lamach, chairman and chief executive officer for Trane Technologies. “I’m incredibly proud of our employees around the globe that continue to make progress toward our 2030 Sustainability Commitments and transform our industry. Being recognized for our accomplishments in diversity, corporate citizenship and environmental sustainability is an honor and spurs us to keep challenging what’s possible for a sustainable world.”

Trane Technologies addresses climate change, resource scarcity and changing demographics. The company and its strategic brands, Trane and Thermo King, made significant strides in 2020, including:

  • Progress toward the Gigaton Challenge. The company reduced 7.7 million metric tons of carbon emissions from customers’ carbon footprint, equivalent to annual greenhouse gas (GHG) emissions avoided by 1,602 wind turbines. These outcomes contribute to the company’s goal to reduce customer GHGs by 1 billion metric tons (a gigaton) by 2030.
  • Progress toward achieving carbon neutrality. The company continued to lead by example by reducing 54,681 metric tons of carbon emissions from its own operations and meeting 39% of its energy demand with renewables.
  • Energy-efficient and low-emission product innovation. The company also launched more than 50 new sustainable solutions last year through its brands Trane and Thermo King, including technology in transport refrigeration, HVAC climate control and digitally connected building equipment and controls.
  • Launched the Center for Healthy and Efficient Spaces. In response to increased need for indoor environmental quality (IEQ) solutions, the company brought together internal and external experts to accelerate innovation and advocacy in this area.
The company was among only 300 companies named to the Financial Times ranking Europe’s Climate Leaders 2021 for reducing energy intensity.

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