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The actions we take every day advance our Sustainability Commitments and contribute to our business growth. To demonstrate our progress, we share data that is rigorous, transparent, validated and third-party assured. View our 2025 Sustainability Report and 2025 Sustainability Data Center to learn more.
Reporting Our Progress
Our annual Sustainability Report aligns with leading sustainability reporting frameworks.
Global Reporting Initiative (GRI): The GRI Standards are fundamental to our reporting process. This report has been prepared in accordance with the GRI Standards. See our GRI content index for an overview of disclosures on our material ESG topics.
Sustainability Accounting Standards Board (SASB): As a diversified manufacturer, we report to both the Electric & Electronic Equipment and the Industrial Machinery & Goods industries. See our SASB content index for details.
Task Force on Climate-related Financial Disclosures (TCFD): We support TCFD through supporter sign on and align with the Task Force’s voluntary disclosures. See our TCFD content index for details.
World Economic Forum (WEF) Stakeholder Capitalism Metrics: We disclose our performance against the WEF’s Stakeholder Capitalism Metrics to demonstrate our performance on sustainability topics and contributions to the United Nations Sustainable Development Goals. See our WEF content index for details.
CDP: We voluntarily respond to the CDP questionnaire to disclose environmental impacts, risks and opportunities and performance data.
United Nations Sustainable Development Goals (UN SDGs): We identify the UN SDGs on which we can have the most meaningful impact. Learn about our ambitions in the United Nations Sustainable Development Goals section.
United Nations Global Compact (UNGC): We align our operations and strategy with the universally accepted Ten Principles outlined by UNGC in the areas of human rights; Environment, Health and Safety; and anti-corruption. See our Global Compact status.
A note about our data
GRI 2-4, 2-5
Throughout this report, we calculate and report on Scope 1, 2 and 3 greenhouse gas (GHG) emissions using the GHG Protocol.
Scope 1 and 2 emissions
We define our organization boundary using the financial control approach, we believe this reporting approach most accurately reflects the direct impact of our operational footprint. We report Scope 2 GHG emissions using an adjusted, market-based approach, which considers specific emission factors associated with the energy sources chosen and incorporates the renewable electricity that we proactively procure or generate.
We report data from newly opened and acquired facilities as soon as valid data is available. For recently closed or sold facilities, the data is included for the time period a site was part of our company to ensure year-over-year comparisons remain consistent. As such events occur, baselines are adjusted to account for these operating footprint changes. As our data collection system continues to mature and advance, the operational data we report improves in accuracy and expands in breadth.
Scope 3 emissions
We calculate and report on relevant Scope 3 categories. Our company’s Scope 3 product-related GHG emissions are those emissions associated with the product-use phase and cover the majority of revenue associated with our diverse product portfolio. For data associated with our company’s 2030 Gigaton Challenge commitment, heating and cooling output is normalized for growth to capture product performance improvements. Information on how we calculate our cumulative customer emissions reduction is available in the Gigaton Challenge Playbook.
Trane Technologies has made various acquisitions since 2019. Certain product-related emissions are not yet reflected in our Scope 3 emissions due to the timing of acquisitions and ongoing efforts to integrate acquired product and systems data into our calculation processes. This temporary exclusion supports data accuracy and consistency. As our data collection system matures, the operational information we provide will become more accurate and comprehensive.
Data presented represents the reporting period from January 1, 2025, to December 31, 2025, unless otherwise noted, and aligns with our financial reporting period.
We receive limited assurance from an independent third party on an annual basis for select Environmental, Health and Safety (EHS) and GHG emissions data, including purchased goods and services emissions data and product use emissions data. View the results in our 2025 Limited Assurance Report.
Forward-looking statements
This report contains certain forward-looking statements within the meaning of securities law, which are statements that are not historical facts, including statements regarding our 2030 Sustainability Commitments; our pathway to net-zero by 2050; our sustainability targets, goals, commitments and programs; our product and service innovations; our expectations for workforce talent; other business plans, initiatives and objectives; and our outlook on the market in which we operate. 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. These forward-looking statements generally are identified by the words “aim,” “believe,” “project,” “dedicate,” “expect,” “commit,” “estimate,” “propose,” “forecast,” “intend,” “strategy,” “invest,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or variations thereon, or similar terminology generally intended to identify forward-looking statements.
All such statements are intended to enjoy the protection of the safe harbor for forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Our actual future results, including the achievement of our targets, goals or commitments, could differ materially from our projected results as a result of changes in circumstances, assumptions not being realized or other risks, uncertainties and factors. Such risks, uncertainties and factors include the risk factors discussed in Item 1A of our most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the U.S. Securities and Exchange Commission (SEC). We urge you to consider all the risks, uncertainties and factors identified above or discussed in such reports carefully in evaluating the forward-looking statements in this report. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events and how they may affect our company. We assume no obligation to update these forward-looking statements.
