Sustainability Reports

Proof of our progress is tracked with thorough and 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 2022 ESG report below.

93M

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

62,274

hours volunteered by our team members in 2022

$600+M

spent with diverse-owned suppliers in 2022

50.5%

of new hires in 2022 identified as racially or ethnically diverse

61%

progress made towards achieving our SBT to reduce Scope 1 & 2 emissions by 50% below 2019 levels by 2030

22%

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

20

facilities operating on 100% renewable energy & RE100 compliant

47%

of key commodities (steel, aluminum, copper, etc.) used to make our products in 2022 were recycled

80

average annual employee engagement survey score in 2022

From materials to value chain, we’ve taken an intensive 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 and ethics are evident in an exhaustive framework of reports and disclosures.

GRI Content Index

In alignment with The Global Reporting Initiative (GRI), we offer an open list of encompassing 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.