Trane Technologies delivers Leading Business and Sustainability

Trane Technologies is continuing to set the pace for decarbonizing buildings, industry, and the cold chain by reducing energy use and carbon emissions for customers and in its own operations, while consistently delivering leading business and sustainability performance. Sustainability Report highlights reduction of 237 million metric tons of customers’ carbon emissions and 44% reduction in operational emissions since 2019

Trane Technologies’ 2024 Sustainability Report highlights the company’s consistent execution, focused sustainability strategy, and continued investment in innovation.

Dave Regnery, chair and CEO of Trane Technologies, says, “We continue to advance sustainability by reducing energy use and emissions through our innovative thermal management systems, electrification, and digital enablement for our customers and in our own operations. Our customer solutions are green for green—good for the planet and good for our customers’ bottom line.”

Trane Technologies has reduced customer carbon emissions by 237 million metric tons since 2019, on track to meet its Gigaton Challenge goal to reduce one gigaton (or one billion metric tons) of customer carbon emissions by 2030. In 2024, the company launched 190 new products, including a significant portfolio refresh with lower global warming potential (GWP) refrigerants. With high customer demand for sustainable solutions, the company delivered a fourth consecutive year of more than 20% adjusted EPS growth.

Mauro Atalla, Chief Technology & Sustainability Officer of Trane Technologies, said, “We’re setting the standard for what’s possible in sustainable innovation. While demand for our sustainable solutions and manufacturing needs has increased, we’ve simultaneously reduced carbon emissions and environmental impacts in our operations. we are proving that by embedding sustainability into our purpose, strategy, and culture, it is possible to be a growth company, meet ambitious sustainability commitments, and add value to customers by helping them meet their goals.”

Trane Technologies’ 2024 Sustainability Report includes a comprehensive set of data, aligned with leading sustainability frameworks, that showcases how centering sustainability in business generates positive outcomes for customers, investors, employees, and society.

Alongside its Sustainability Report, Trane Technologies published its Climate Transition Plan that outlines the company’s forward-looking climate strategy, including its plans for managing physical and transition climate risks and opportunities, reducing carbon emissions in alignment with international climate agreements, and preparing for future policy, market, and technological changes.

To read Trane Technologies’ full 2024 Sustainability Report, visit www.tranetechnologies.com/sustainability-reports.