Trane Technologies Calls for Accelerated Climate Action, Increased Transparency at COP28
30 Novembro 2023 - 8:30AM
Business Wire
Trane Technologies (NYSE:TT), a global climate innovator, will
underscore the critical need for adoption of new and existing
solutions at scale, accelerated climate policy and transparent
emissions reporting during COP28 in Dubai, November 30 – December
12. As the window for limiting global warming to 1.5°C continues to
narrow, Trane Technologies steadfastly encourages bolder
accountability in line with the United Nations Sustainable
Development Goals – including Gender Equality (SDG5), Affordable
Clean Energy (SDG7) and Climate Action (SDG13).
“Accelerating decarbonization requires not only innovation, but
also advocating for policies that remove barriers and support
adoption at scale,” said Scott Tew, vice president of
Sustainability, Trane Technologies. “Companies around the world,
across all sectors, must be held accountable for meeting
commitments and driving urgent action now as we collectively work
toward a more sustainable future.”
Trane Technologies is a proud member of the World Economic
Forum’s Alliance of CEO Climate Leaders and a signatory of its
COP28 open letter, calling for an increase in public-private
collaboration and action to reduce emissions across global value
chains. Trane Technologies leaders will join several climate action
dialogues throughout COP28, including:
- Raising Ambition and Leveraging Opportunity – Financing and
Innovating Industry Decarbonization: Jose La Loggia, president,
Commercial HVAC EMEA, Trane Technologies (Dec. 4, 5:25pm GMT,
livestream available upon registering)
- Accelerating Climate Innovation for a More Sustainable World:
Adnan Javed, general manager, Middle East & Africa, Commercial
HVAC EMEA, Trane Technologies (Dec. 5, 3:20pm GMT, livestream
available upon registering)
- Disrupting Climate Trends Through Next-Generation Leadership –
Advancing Innovation, Policy and the Workforce to Meet Ambitious
Goals for a More Sustainable Future: Helen Walter-Terrinoni,
director of global policy, Trane Technologies (Dec. 6, 9:00am GMT,
livestream available)
- Reducing the Emissions of Cities through Better Building
Management and Clean Transport: Scott Tew, vice president of
Sustainability, Trane Technologies (Dec. 6, 2:00pm GMT, livestream
available)
The company recently announced it has delivered on key
commitments to reduce embodied carbon in its supply chain –
shipping more than one million HVAC units with low-carbon steel to
homeowners and commercial customers across the U.S – in addition to
providing fully electric, zero direct emission refrigeration
solutions for every segment of the cold chain in the Europe, Middle
East and Africa region by 2023.
“The technology exists today that can dramatically reduce
emissions for both our own and our customers’ environmental
footprints,” said Jose La Loggia, president, Commercial HVAC EMEA,
Trane Technologies. “Innovative thermal management systems,
renewable energy sources and the electrification of heating are
becoming game-changing solutions for the built environment –
enabling energy security while improving efficiency.”
Broadly acknowledged for its industry-leading transparency,
credibility and accountability, Trane Technologies has recently
received several notable recognitions for climate action. The
company was one of only four to earn a grade of A in As You Sow’s
2023 Road to Zero Emissions Report, which evaluates greenhouse gas
(GHG) emission disclosures, GHG target setting and GHG reductions.
Trane Technologies was also one of only five North American
companies recognized by InfluenceMap as a 2023 Corporate Climate
Policy Engagement Leader, after meeting its criteria for positive
and active climate policy engagement aligned with science-based
pathways for delivering on the goals of the Paris Agreement.
Through bold, industry-leading action, Trane Technologies is
advancing its 2030 Sustainability Commitments, including the
Gigaton Challenge – a pledge to reduce customer greenhouse gas
emissions by 1 billion metric tons (or, one gigaton) – and its
pledge to be net-zero by 2050. In 2014, the company set its first
science-based 2020 Climate Commitments – accelerating innovation to
achieve them two years ahead of schedule. The company is first in
its industry with near and long-term emissions reduction targets
externally validated by the Science Based Targets Initiative
(SBTi).
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
www.tranetechnologies.com.
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
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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version on businesswire.com: https://www.businesswire.com/news/home/20231130687589/en/
Media Contact: Travis Bullard +1-919-802-2593
Travis.Bullard@tranetechnologies.com
Investors Contact: Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
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