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Generative AI Policy Statement
Trane Technologies’ approach to the development and use of Generative Artificial Intelligence (AI) seeks to ensure generative AI is leveraged in ways that are both innovative and responsible. We have created a Generative AI Governance Board with stakeholders from across the enterprise responsible for the creation of generative AI policy, standards, and guidance.
Compliance: Use of generative AI complies with applicable laws and regulations as well as corporate cybersecurity policies and internal controls. The internal Generative AI Acceptable Use Policy establishes requirements and provides guidance to mitigate risks including misuse, unethical outcomes, potential biases, inaccuracy, and personal data and information security breaches. This policy applies to all employees, temporary staff or other personnel of the Company when procuring, building, or using Generative AI for Company purposes or with Company resources, including for internal business use and interactions with third parties such as customers, consumers, dealers, and vendors. Compliance is required by all parties to whom the policy applies.
Privacy and Security: Responsible use and risk mitigation depends on the specific technology and factors including whether generative AI use is internal or external, data sensitivity, applicable contract terms, and the existence of third-party vendors, among others. Special consideration and oversight are required for generative AI use cases which involve the development of software or code and any scenario wherein sensitive or proprietary data is used.
Ethics/Bias: Ethics and bias concerns will be addressed through the Company’s Generative AI Acceptable Use Policy, Code of Conduct and Business Operating System standard work.
