Sustainability Reports

Tracking our progress with transparent reporting

“As a global climate innovator, Trane Technologies has clear ambitions. But ambition alone is not enough – we take action every day to enhance our positive impact.”

Dave Regnery, Chair and Chief Executive Officer
Dave Regnery

Our progress toward our 2030 Commitments is tracked through comprehensive Environmental, Social, and Governance (ESG) reporting.

See highlights from our 2023 ESG report below.

157M

metric tons of CO2e reduced from our customers’ carbon footprint since 2019

68%

of electricity demand met with renewables in 2023

85%

of our manufacturing facilities are operating as zero waste to landfill

26%

water use reduction at facilities in water-stressed regions since 2019

98+

new products launched in 2023

45%

of key commodities (e.g. steel, aluminum, copper) used to make our products in 2023 were recycled

80

score out of 100 in our employee annual engagement survey in 2023

92,517

hours volunteered by our team members in 2023

100%

participation of salaried workforce in ethics and compliance training

From materials to value chain, we’ve taken an extensive look at our business to create a concrete plan and assess our work

Teamwork Team Meeting at Thermo King Factory

Material Assessment

We engaged with internal and external stakeholders and an independent consulting firm to determine sustainability-related issues of greatest importance to us and our industry.
Teamwork Discussion at White Bear Office

Value Chain

We’ve broken down our value chain into nine major stages, and within each one we’ve identified environmental, social, and economic impacts and how we can improve operations on a sustainable level.

Our standards are evident in a comprehensive framework of reports and disclosures.

GRI Content Index

In accordance with the Global Reporting Initiative (GRI), we offer an open list of reports on everything from general disclosures to emissions and environment to company culture.

SASB Disclosure

The Sustainability Accounting Standards Board (SASB) provides industry-specific standards to help measure and communicate ESG topics.

TCFD Disclosure

We have expanded our reporting to the Task Force on Climate-related Financial Disclosures (TCFD) to include voluntary disclosures.

Previous Reports

 

Some information on these pages may relate to historical data for Trane Technologies plc (formerly known as Ingersoll-Rand plc) as a combined company operating with two business segments: Climate and Industrial. In the first quarter 2020, we completed a spin-off of our Industrial business which was subsequently combined with Gardner Denver Holdings, Inc. (“GDI”). GDI was subsequently renamed Ingersoll-Rand, Inc.