Trane Technologies Recognized for Sustainability Performance with Inclusion on Corporate Knights’ Global 100
17 Janeiro 2024 - 10:22AM
Business Wire
Global climate innovator recognized as the
leader in the Building Products industry and 23rd overall
Trane Technologies (NYSE:TT), a global climate innovator, has
been named to Corporate Knights’ 2024 Global 100, recognized as the
leader in the Building Products industry and ranking 23rd
overall.
Emphasizing the impact of a company’s core products and
services, the Global 100 is one of the world’s most valued and
transparent sustainability ratings. To determine its rankings, over
6,000 companies were assessed across 25 key performance indicators
including sustainable investment, carbon productivity and racial
and gender diversity.
“Corporate Knights’ Global 100 only includes companies that make
sustainable solutions a core part of their business, complimenting
Trane Technologies’ long-embedded and industry-differentiating
strategy,” said Paul Camuti, executive vice president and chief
technology and sustainability officer of Trane Technologies. “We
are extremely proud of our 2024 Global 100 rankings and, guided by
our purpose to boldly challenge what’s possible for a sustainable
world, look forward to driving continued investment in sustainable
innovation – accelerating decarbonization of buildings and the cold
chain.”
In late 2023, Trane Technologies announced the fulfillment of
its August 2021 commitment to deliver fully electric, zero direct
emission Thermo King® refrigeration solutions for every segment of
the cold chain in the Europe, Middle East and Africa (EMEA) region
by 2023. The company also delivered on its low-carbon steel
commitment, shipping more than one million HVAC units with
low-carbon steel to homeowners and commercial customers across the
United States.
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).
With its Opportunity for All commitment, Trane Technologies is
taking action to advance gender parity in leadership, workforce
diversity reflective of its communities, and community initiatives
that support equitable education and pathways to green and Science,
Technology, Engineering and Math (STEM) careers.
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.
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
sustainability and diversity commitments and the anticipated 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/20240117635512/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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