Trane Technologies Named to Fast Company’s 2023 Best Workplaces for Innovators List
13 Julho 2023 - 7:30AM
Business Wire
Sustainability leader’s cooling cart also
recognized by Fast Company as one of its 2023 World Changing
Ideas
Trane Technologies (NYSE:TT), a global climate innovator, has
been recognized by Fast Company as one of the 2023 Best Workplaces
for Innovators. The list ranks 100 global companies from a variety
of industries that empower its employees to create new products,
invent new ways of doing business or improve processes. Trane
Technologies was also named as a finalist in the Sustainability
category.
“Relentlessly innovating for a more sustainable world is core to
our business strategy, and every day, our teams push the boundaries
of what’s possible to deliver industry-leading results,” said Paul
Camuti, executive vice president and chief technology and
sustainability officer for Trane Technologies. “This prestigious
recognition honors their dedication to creating healthy spaces and
decarbonizing buildings, the cold chain and industries with high
energy demands.”
Trane Technologies’ passive cooling cart for street vendors was
also recognized by Fast Company as one of its 2023 World Changing
Ideas. The cart was named the winner in the Developing World
Technology category, a finalist in the General Excellence and Large
Business categories and received an honorable mention in the
Sustainability/Energy category.
The cooling cart is designed to provide a reliable income and
improve the quality of life for millions of street vendors around
the world. It reduces food waste and lowers greenhouse gas
emissions. The cart utilizes dual-mode film technology that
reflects sunlight to prevent fresh produce from overheating, while
passively cooling the area beneath the canopy. This design does not
require electricity and can be retrofitted onto existing carts
already in-use.
Trane Technologies’ cooling cart is the result of Operation
Possible, an employee-powered social innovation program that
addresses the most pressing social and environmental challenges,
including the coexistence of food loss and hunger in low-income
communities. By harnessing the power of innovative collaboration,
Operation Possible is accelerating the potential for positive
change for both people and the planet.
Other recent examples of innovation at Trane Technologies
include:
- High-efficiency heat pumps: In November 2022, Trane
Technologies surpassed the U.S. Department of Energy’s (DOE)
requirements for the Residential Cold Climate Heat Pump (CCHP)
Challenge. When tested at the DOE’s lab, Trane’s CCHP prototype
performed in temperatures as low as negative 23 degrees Fahrenheit,
surpassing the mandatory negative 20 degrees Fahrenheit DOE
requirement.
- Hydrotreated Vegetable Oil (HVO): Trane Technologies approved
the use of Hydrotreated Vegetable Oil (HVO) fossil-free fuel as a
sustainable alternative to diesel fuel in Thermo King® global cold
chain solutions, including refrigerated truck and trailer product
lines. The use of HVO fuel offers a 90% reduction in greenhouse gas
emissions and more than 30% in particulate matter while maintaining
optimal product performance.
- Thermal Battery™ Storage-Source Heat Pump Systems: Trane’s
Thermal Battery™ Storage-Source Heat Pump System (SSHP) is an
innovative electrified heating solution that reduces carbon
emissions even in cold climates. This innovative approach reclaims
excess building heat and can also collect heat from the outdoor air
to immediately heat a building or store it for tomorrow’s
heating.
Trane Technologies’ innovation expertise powers its 2030
Sustainability Commitments, which addresses global challenges that
affect the communities around the world. These commitments include
the Gigaton Challenge - a pledge to reduce customer greenhouse gas
emissions by one gigaton (or, 2% of the world’s annual emissions)
by 2030. The company was also first in its industry and among the
first across all sectors to receive validation from the Science
Based Targets Initiative (SBTi) for its near-term 2030 emissions
reduction targets and its long-term 2050 net-zero target.
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. For more on Trane Technologies, visit
tranetechnologies.com.
About Fast Company
Fast Company is the only media brand fully dedicated to the
vital intersection of business, innovation, and design, engaging
the most influential leaders, companies, and thinkers on the future
of business. Headquartered in New York City, Fast Company is
published by Mansueto Ventures LLC, along with our sister
publication Inc., and can be found online at
www.fastcompany.com.
Forward Looking Statements
This news release includes “forward-looking statements” within
the meaning of securities laws, which are statements that are not
historical facts, including statements that relate to our
initiatives to develop innovative heating and cooling solutions,
our sustainability commitments and the impact of these commitments.
These forward-looking statements are based on our current
expectations and are subject to risks and uncertainties, which may
cause actual results to differ materially from our current
expectations. Factors that could cause such differences can be
found in our Form 10-K for the year ended December 31, 2022, as
well as our subsequent reports on Form 10-Q and other SEC filings.
New risks and uncertainties arise from time to time, and it is
impossible for us to predict these events or how they may affect
the Company. We assume no obligation to update these
forward-looking statements.
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Media Contact: Shelby Hansen +1-925-336-0496
Shelby.Hansen@tranetechnologies.com Investors Contact:
Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
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