Trane Technologies Named to S&P Dow Jones Sustainability World and North America Indices
23 Dezembro 2024 - 9:32AM
Business Wire
Trane Technologies (NYSE:TT), a global climate innovator, has
been named to the S&P Dow Jones Sustainability World Index for
the fourth consecutive year and the North America Index for the
fourteenth consecutive year. The company performed in the 98th
percentile in the Building Products industry in the S&P Global
Corporate Sustainability Assessment (CSA score as of November 22,
2024), with a score of 100 in the Energy category, highlighting
excellence in energy consumption and management programs.
"Inclusion in the S&P Dow Jones Sustainability Indices
highlights our steadfast commitment and leadership in driving
meaningful environmental change," said Dave Regnery, Chair and CEO
of Trane Technologies. "This achievement is a testament to the hard
work and dedication of our team members, who consistently strive to
fulfill our purpose of boldly challenging what’s possible for a
sustainable world.”
Trane Technologies’ inclusion in the S&P Dow Jones
Sustainability Indices highlights the company’s leadership and
impact in sustainability, as well as its strong financial
performance.
In September, the company became the first in its industry to
commit to a 40% reduction in embodied carbon by partnering with
material suppliers and incorporating circular design criteria,
addressing the significant carbon footprint of buildings. This
commitment builds on Trane Technologies’ 2030 Sustainability
Commitments, including the Gigaton Challenge, and its pledge to be
net-zero by 2050. The company’s emissions reduction targets have
been externally validated by the Science Based Targets Initiative
(SBTi).
Renowned for its transparency, credibility and accountability,
Trane Technologies has recently received several additional
recognitions for its performance and culture. The company was named
to The Wall Street Journal’s Management Top 250 ranking for the
fourth consecutive year, honored in multiple categories of Extel’s
2024 All-America Executive Team and was included in TIME’s
inaugural ranking of the World’s Best Companies for Sustainable
Growth.
The Dow Jones Sustainability World Index represents the top 10%
of the 2,500 largest companies in the S&P Global Broad Market
Index (BMI) based on long-term economic, environmental and social
criteria. The North America Index represents the top 20% of the 600
largest U.S. and Canadian companies in the S&P Global BMI. The
S&P Global Corporate Sustainability Assessment (CSA) is an
annual evaluation of companies’ sustainability practices, and its
scores are used to determine which companies are included in the
Dow Jones Sustainability Indices (DJSI).
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.
About S&P Dow Jones Indices
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
products based on our indices than products based on indices from
any other provider in the world. Since Charles Dow invented the
first index in 1884, S&P DJI has been innovating and developing
indices across the spectrum of asset classes helping to define the
way investors measure and trade the markets. S&P Dow Jones
Indices is a division of S&P Global (NYSE: SPGI), which
provides essential intelligence for individuals, companies, and
governments to make decisions with confidence. For more
information, visit: www.spglobal.com/spdji.
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 earnings
outlook, 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, 2023, 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/20241223195847/en/
Media Contact: Travis Bullard +1-919-802-2593
Media@tranetechnologies.com Investors Contact: Zachary Nagle
+1-704-990-3913 InvestorRelations@tranetechnologies.com
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