Environmental
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 GHG emissions (metric tons CO2e) | ||||
Total Scope 1 GHG emissions | 319,240 | 241,683 | 205,645 | 204,962 |
Emissions from refrigerant leaks in manufacturing processes and cooling equipment | 198,536 | 116,155 | 86,983 | 85,934 |
Emissions from fuels used in service vehicles | 62,154 | 63,646 | 69,440 | 76,866 |
Emissions from fuels used in manufacturing | 55,242 | 59,162 | 46,740 | 39,667 |
Emissions from fugitive volatile organic compound (VOC) from manufacturing processes | 3,308 | 2,718 | 2,482 | 2,495 |
Scope 2 GHG emissions (metric tons CO2e) | ||||
Total unadjusted market-based Scope 2 GHG emissions | 153,611 | 134,762 | 126,841 | 134,670 |
Total adjusted market-based Scope 2 GHG emissions | 123,500 | 55,535 | 40,748 | 44,003 |
Total location-based Scope 2 GHG emissions | 158,890 | 118,603 | 112,055 | 116,834 |
Scope 1 and 2 GHG emissions (metric tons CO2e) | ||||
Total absolute Scope 1 and market-based Scope 2 GHG emissions | 442,740 | 297,218 | 246,393 | 248,965 |
Percent reduction in absolute Scope 1 and market-based Scope 2 GHG emissions from 2019 baseline | - | 33% | 44% | 44% |
Total Scope 1 and location-based Scope 2 GHG emissions | 478,130 | 360,285 | 317,699 | 321,796 |
Scope 1 and 2 Carbon Intensity Performance | ||||
Carbon intensity for Scope 1 and adjusted market-based Scope 2 GHG emissions for the organization (mtCO2e/million USD) | 33.86 | 18.59 | 13.94 | 12.55 |
Reduction of GHG emissions intensity, including adjusted market-based Scope 2 GHG emissions, from a 2019 baseline (metric tons/USD) | - | 15.27 | 19.92 | 21.31 |
Reduced emission through energy from renewable sources | ||||
Total reduced GHG emissions from renewable energy (metric tons CO2e) | 30,111 | 79,128 | 86,390 | 90,665 |
Reduced GHG emissions from VPPA renewable energy credits (metric tons CO2e) | 26,568 | 45,173 | 41,632 | 42,368 |
Reduced GHG emissions from purchased or supplier-provided RECs (metric tons CO2e) | 1,244 | 24,930 | 31,734 | 32,719 |
Reduced GHG emissions from electricity generated by on‑site solar/photovoltaic systems (metric tons CO2e) | 2,299 | 9,026 | 13,023 | 15,579 |
Reduction in Scope 2 GHG emissions by renewable energy since 2019 | 20% | 59% | 68% | 67% |
Reduction in total Scope 1 and Scope 2 GHG emissions by renewable energy | 6% | 22% | 27% | 28% |
Scope 1 regional GHG Emissions (metric tons CO2e) | ||||
North America | 247,802 | 182,280 | 156,466 | 159,008 |
Latin America | 22,064 | 21,111 | 18,026 | 15,970 |
Europe, the Middle East and Africa | 32,353 | 30,639 | 25,089 | 22,987 |
Asia Pacific | 17,020 | 7,653 | 6,064 | 6,997 |
Scope 2 regional GHG Emissions (metric tons CO2e) | ||||
North America | 77,245 | 21,247 | 10,990 | 11,188 |
Latin America | 12,451 | 7,749 | 5,066 | 5,704 |
Europe, the Middle East and Africa | 11,166 | 3,635 | 2,979 | 3,191 |
Asia Pacific | 22,637 | 22,904 | 21,174 | 23,921 |
Scope 3 GHG Emissions (million metric tons CO2e) | ||||
Total Scope 3 GHG Emissions | 369 | 308 | 271 | 238 |
Product Use (assured) | 365 | 303 | 266 | 234 |
Purchased Goods and Services | 4 | 5 | 5 | 4 |
Other Air Emissions (metric tons) | ||||
NOx | 106 | 111 | 106 | 107 |
SOx | 7 | 7 | 6 | 6 |
Volatile Organic Compound (VOC) emissions | 276 | 227 | 203 | 201 |
Biogenic emissions (metric tons CO2e) | ||||
Biogenic emissions | 0 | 36 | 76 | 99 |
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Absolute Energy Use (MWh) | ||||
Total Energy Consumption | 876,706 | 883,148 | 839,891 | 848,418 |
Indirect (electricity) | 329,645 | 312,243 | 300,764 | 312,482 |
Direct (fuel use) | 547,061 | 570,904 | 539,127 | 535,936 |
Natural gas | 231,021 | 233,840 | 204,727 | 172,943 |
Gasoline | 224,273 | 236,873 | 246,116 | 279,244 |
Diesel | 64,248 | 70,813 | 59,265 | 52,368 |
Propane | 16,663 | 15,999 | 15,555 | 14,393 |
Solar electricity generated and used | 4,344 | 5,491 | 7,015 | 10,083 |
Fuel oil | 1,594 | 3,501 | 1,656 | 2,506 |
Vegetable oil | 0 | 128 | 236 | 282 |
Aviation fuel | 4,919 | 4,260 | 4,152 | 3,270 |
Biopropane | 0 | 0 | 210 | 214 |
Biodiesel | 0 | 0 | 39 | 82 |
Propylene | 0 | 0 | 156 | 551 |
Normalized energy use (MWh/million USD) | 67.05 | 55.23 | 47.51 | 42.77 |
Energy consumption and sales (MWh) | ||||
Total electricity consumption | 333,989 | 317,734 | 307,779 | 322,565 |
Total heating consumption | 232,615 | 237,341 | 206,384 | 175,449 |
Total cooling consumption | 0 | 0 | 0 | 0 |
Total steam consumption | 0 | 0 | 0 | 0 |
Total electricity sold | 262 | 670 | 436 | 664 |
Total heating sold | 0 | 0 | 0 | 0 |
Total cooling sold | 0 | 0 | 0 | 0 |
Total steam sold | 0 | 0 | 0 | 0 |
Reduction in energy consumption achieved as a direct result of conservation and efficiency initiatives | 692 | 5,583 | 10,339 | 10,444 |
Renewable energy data | ||||
Renewable energy generated (MWh) | 6,404 | 7,678 | 8,922 | 12,300 |
Renewable energy generated and sold to grid (MWh) | 262 | 670 | 436 | 664 |
Renewable energy generated and used (MWh) | 4,344 | 5,491 | 7,015 | 10,083 |
Renewable energy purchased (MWh) | 65,275 | 178,086 | 211,222 | 219,545 |
Percentage grid electricity | 80% | 44% | 31% | 32% |
Percentage renewable electricity (purchased vs total; excludes solar used) | 20% | 56% | 69% | 68% |
Number of RE100-compliant sites | 0 | 20 | 25 | 27 |
Trane Technologies Renewable Energy Sources | ||||||
---|---|---|---|---|---|---|
Sites Using Green Electricity Obtained Directly/Indirectly from Renewable Energy Generation Systems | Location | Type | Produced or Purchased Renewable Electricity (MWhr) | REC Treatment | ||
2022 Production | 2023 Production | 2024 Production | ||||
Bangplee Solar PV System | Bangkok, Thailand | On-site solar PV | 0 | 0 | 468 | N/A — No RECs: Company owns renewable energy attributes from 100% of generation |
Columbia Solar Project | Columbia, SC, USA | On-Site Solar PV | 1,462 | 1,470 | 1,549 | Utility owns RECs[1] |
Galway Solar Project | Galway, Ireland | On-Site Solar Generation | 0 | 1 | 711 | N/A — No RECs: Company owns renewable energy attributes from 100% of generation |
Monterrey Solar PV System | Monterrey, Mexico | On-Site Solar PV | 0 | 110 | 440 | N/A — No RECs: Company owns renewable energy attributes from 100% of generation |
Pueblo Solar PV System | Pueblo, CO, USA | On-Site Solar PV | 0 | 1,189 | 2,386 | RECs held in reserve per State Environmental Agency requirements through 2025 |
Prague Engineering & Technology Center Solar PV System | Prague, Czech Republic | On-site solar PV | 0 | 0 | 89 | N/A — No RECs: Company owns renewable energy attributes from 100% of generation |
Southampton Solar PV System | Southampton, United Kingdom | On-site solar PV | 0 | 0 | 180 | N/A — No RECs: Company owns renewable energy attributes from 100% of generation |
Taicang Solar PV System | Taicang, China | On-Site Solar PV | 2,599 | 2,757 | 2,749 | N/A — No RECs: Company owns renewable energy attributes from 100% of generation |
Trenton Solar PV System | Trenton, NJ, USA | On-Site Solar PV | 2,149 | 2,172 | 2,343 | Utility owns RECs[1] |
Zhongshan Solar PV System | Zhongshan, China | On-Site Solar PV | 798 | 786 | 718 | N/A — No RECs: Company owns renewable energy attributes from 100% of generation |
Sourced Zero Carbon Electricity for 100% of Power Used | Bari, Italy; Galway and Shannon, Ireland; Essen, Germany; La Crosse, Wisconsin, USA | All electricity used by the location is sourced is 100% derived from renewable generation processes | 5,750 | 5,454 | 4,873 | No RECs: Power supplier certifies electricity provided is 100% derived from renewable generation processes |
Sourced Zero Carbon Electricity for a Portion of Power Used | Monterrey, Mexico; Taicang, China (two factories & Technology Center); Zhongshan, China | A portion of the electricity used by the location is sourced is 100% derived from renewable generation processes | 11,312 | 19,382 | 24,066 | No RECs: Power supplier certifies electricity provided is 100% derived from renewable generation processes |
Seymour Hill Wind Farm VPPA | Northern Texas, USA | Seymour Hills Wind VPPA | 103,283 | 101,053 | 100,374 | Company owns and retires RECs |
Electricity Supplier Provided or Trane Technologies Purchased RECs or GOs | Barcelona, Spain; Clarksville, Tennessee, USA; Columbia, SC, USA; Conselve, Italy; Hastings, Nebraska, USA; Prague and Kolin, Czech Republic; Lynn Haven, Florida, USA; Trenton, NJ, USA; Tribano, Italy; Tyler, Texas, USA | Power company or Trane Technologies purchases and retires RECs/Guarantees of Origin (GO) for a portion or 100% of Trane Technologies electricity | 57,740 | 85,333 | 90,231 | Power provider retires RECs/GOs on behalf of Trane Technologies |
[1] The RECs from this project are owned by the utilities. We purchase replacement RECs, equal to the amount of solar generated by the PV system, from other renewable energy facilities in the U.S.
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Waste Generated (metric tons) | ||||
Total waste generated | 34,971 | 35,180 | 34,381 | 36,454 |
Total hazardous waste generated | 1,088 | 1,086 | 963 | 1,134 |
Total non-hazardous waste generated | 33,883 | 34,093 | 33,418 | 35,319 |
Total solid waste generated | 10,669 | 4,719 | 3,646 | 5,391 |
Reduction in solid waste generated from a 2019 baseline | - | 56% | 66% | 49% |
Normalized hazardous waste (metric tons/million USD) | 0.08 | 0.07 | 0.05 | 0.06 |
Normalized non-hazardous waste (metric tons/million USD) | 2.59 | 2.13 | 1.89 | 1.78 |
Number of sites that achieved zero waste to landfill at 90% diversion by year end | 27 | 35 | 39 | 36 |
Waste Disposal (metric tons) | ||||
Non-hazardous waste to landfill | 5,572 | 1,806 | 1,874 | 3,431 |
Non-hazardous waste recycled | 24,306 | 30,469 | 30,734 | 31,063 |
Normalized non-hazardous waste to landfill (metric tons/million USD) | 0.43 | 0.11 | 0.11 | 0.17 |
Normalized non-hazardous waste recycled (metric tons/million USD) | 1.86 | 1.91 | 1.74 | 1.57 |
Packaging Data | ||||
Emissions avoided from returnable packaging projects (metric tons CO2e) | 140 | 276 | 746 | 48 |
Solid waste avoided from returnable packaging projects (metric tons) | 877 | 504 | 1,616 | 133 |
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Water use (thousand cubic meters) | 2,951 | 2,470 | 1,966 | 1,514 |
Normalized water use (cubic meters/million USD) | 226 | 154 | 111 | 76 |
Percent of total water use at sites in areas of high to extremely high water stress | 11% | 10% | 12% | 15% |
Wastewater used in water stressed locations (thousand cubic meters) | 311 | 246 | 229 | 226 |
Reduction in water use in water-stressed regions from 2019 baseline | - | 21% | 26% | 27% |
Trane Technologies sites in areas of high to extremely high water-stress[1] | 17 | 17 | 17 | 17 |
Wastewater permit exceedances | 2 | 1 | 1 | 2 |
[1] Trane Technologies sites in areas of high to extremely high water-stress: Our calendar year 2025 report will include additional sites defined using the 2023 World Resource Institute’s Aqueduct Water Risk Atlas data.
Social
Global Workforce | ||||||
---|---|---|---|---|---|---|
Location (2024) | Employee Type | Women | Men | Grand Total | ||
Asia Pacific | Hourly | 6.7% | 68 | 93.3% | 941 | 1,009 |
Salaried | 26.1% | 1,518 | 73.9% | 4,291 | 5,809 | |
EMEA | Hourly | 6.2% | 193 | 93.8% | 2,899 | 3,092 |
Salaried | 30.5% | 889 | 69.5% | 2,023 | 2,912 | |
Americas | Hourly | 24.2% | 4,094 | 75.8% | 12,834 | 16,928 |
Salaried | 32.3% | 4,624 | 67.7% | 9,760 | 14,294 | |
Total | Hourly | 20.7% | 4,355 | 79.3% | 16,674 | 21,029 |
Salaried | 30.5% | 7,031 | 69.5% | 15,984 | 23,015 |
Gender Diversity Data | Baseline (2020) | 2022 | 2023 | 2024 | ||||
---|---|---|---|---|---|---|---|---|
| Women | Men | Women | Men | Women | Men | Women | Men |
Governance body (Executive Leadership Team) | 13% | 87% | 19% | 81% | 20% | 80% | 23% | 77% |
Leadership positions (director level, vice president and above) | 22% | 78% | 26% | 74% | 27% | 73% | 28% | 72% |
All management positions (all levels of management) | 22% | 78% | 24% | 76% | 25% | 75% | 26% | 74% |
Workforce | 25% | 75% | 26% | 74% | 26% | 74% | 26% | 74% |
Members of our Board of Directors[1] | 5 | 7 | 5 | 7 | 6 | 6 | 6 | 6 |
[1] Members of our Board of Directors as of December 31 of the reported year
Racial & Ethnic Diversity Data | Baseline (2020) | 2022 | 2023 | 2024 |
---|---|---|---|---|
Racially & Ethnically Diverse[1] (US) Overall | 36% | 37% | 37% | 37% |
Salaried | 18% | 20% | 21% | 21% |
Hourly | 51% | 53% | 52% | 52% |
[1] Classified into five minimum categories by the US Census: White, Black or African American, American Indian or Alaska Native, Asian, and Native Hawaiian or Other Pacific Islander
Age Groups (2024) | Under 30 years old | 30-50 years old | 50+ years old |
---|---|---|---|
Percentage of individuals within the organization's leadership positions | 0.0% | 47.0% | 53.0% |
Percentage of individuals within the organization's management positions | 2.8% | 56.2% | 41.0% |
Percentage of employees | 17.3% | 54.5% | 28.2% |
Global Workforce Data | Baseline (2020) | 2022 | 2023 | 2024 |
---|---|---|---|---|
Full-time employees | 34,646 | 37,669 | 40,472 | 44,044 |
Contractors | 3,108 | 4,711 | 2,368 | 2,327 |
Key talent retention rate | 97% | 93% | 96% | 98% |
Total new hires | 3,837 | 7,432 | 8,474 | 8,727 |
Employee Engagement Survey Results | Baseline (2020) | 2022 | 2023 | 2024 |
---|---|---|---|---|
Inclusion Index | 76 | 77 | 78 | 80 |
Sustainability Index | 79 | 80 | 80 | 82 |
Average Employee Engagement Survey score | 80 | 80 | 80 | 82 |
Participation rate | 90% | 88% | 87% | 90% |
U.S. Parental Leave Data | Baseline (2020) | 2022 | 2023 | 2024 | ||||
---|---|---|---|---|---|---|---|---|
Women | Men | Women | Men | Women | Men | Women | Men | |
Employees who were eligible for parental leave | 4,624 | 11,935 | 5,251 | 13,501 | 5,863 | 14,814 | 7,128 | 17,725 |
Employees who took parental leave | 106 | 254 | 100 | 261 | 121 | 305 | 114 | 293 |
Employees who returned to work[1] | 102 | 248 | 97 | 255 | 94 | 249 | 87 | 252 |
Return to work rate | 96% | 98% | 97% | 98% | 97% | 99% | 97% | 100% |
Employees who returned to work and were still employed after 12 months[2] | 87% | 90% | 78% | 86% | 88% | 85% | 92% | 90% |
[1] Completed benefits in current year and were still employed 30 days after completing benefits.
[2] Completed benefits in prior year and were still employed 12 months after completing benefits.
Employee & Community Engagement Data | Baseline (2019) | 2022 | 2023 | 2024 |
---|---|---|---|---|
Percent of employees globally who volunteered in community or sustainability initiatives | 36% | 35% | 26% | 22% |
Volunteer participants | 17,044 | 13,571 | 10,402 | 9,559 |
Hours volunteered | 31,682 | 62,274 | 92,517 | 92,148 |
Global Contributions, thousands USD | Baseline (2019) | 2022 | 2023 | 2024 |
---|---|---|---|---|
Total philanthropic giving | 9,653 | 15,892 | 18,888 | 20,096 |
Value of employee volunteering time during paid working hours | 806 | 1,681 | 2,508 | 2,866 |
Charitable fundraising | 1,008 | 1,545 | 1,326 | 1,581 |
Charitable contributions | 1,819 | 2,944 | 4,283 | 2,748 |
In-kind giving | 416 | 3,768 | 4,782 | 5,777 |
Administrative overheads | 150 | 183 | 179 | 314 |
Trane Technologies Foundation donations to community partners | 5,455 | 5,771 | 5,810 | 6,811 |
Percent increase year over year in philanthropic giving | - | 39% | 19% | 6% |
Average Number of Learning & Development Hours | Baseline (2020) | 2022 | 2023 | 2024 |
---|---|---|---|---|
All employees | 14.0 | 10.2 | 11.5 | 16.3 |
Salaried employees | - | 18.1 | 15.0 | 18.6 |
Hourly employees | - | 3.4 | 8.0 | 13.8 |
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Total recordable incident rate (per 200,000 hours worked)[1] | 0.88 | 0.82 | 0.82 | 0.70 |
Lost time incident rate (per 200,000 hours worked)[2] | 0.11 | 0.14 | 0.12 | 0.09 |
Number of Lost time Incidents per million hours worked | 0.53 | 0.70 | 0.59 | 0.47 |
Employee lost time frequency rate (per million hours worked) | 0.52 | 0.65 | 0.62 | 0.45 |
Contractor lost-time frequency rate (per million hours worked) | 0.58 | 1.35 | 0.17 | 0.84 |
Employee occupational illness frequency rate (per million hours worked) | 0 | 0 | 0 | 0 |
Work-related fatalities | 0 | 0 | 0 | 0 |
Total hours worked (among employees and supervised employee contractors) | 77,964,860 | 81,119,193 | 84,646,351 | 87,895,102 |
[1] (recordable injuries x 200,000) / total hours worked by employees
[2] (recordable injuries resulting in lost work time x 200,000) / total hours worked by employees
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Salaried employees trained on anti-harassment (U.S.) | 100% | 100% | 100% | 100% |
Employees able to access anti-harassment policy | 100% | 100% | 100% | 100% |
Required salaried employees trained on anti-corruption | 100% | 100% | 100% | 100% |
Governance
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Total monetary value of Trane Technologies’ financial and in-kind lobbying contributions made directly and indirectly by the organization, thousands USD | 680 | 921 | 988 | 1,182 |
Employee contributions to Trane Technologies’ political action committee (U.S. Only), thousands USD | 28 | 12 | 13 | 20 |
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Supplier data | ||||
Number of Trane Technologies suppliers across the globe | - | 27,539 | 27,781 | 28,257 |
Percentage of Tier-1 spend with significant suppliers | - | - | - | 53% |
Percentage of significant suppliers enrolled in sustainability reporting platform | 0% | 100% | 100% | 100% |
Number of significant suppliers enrolled in sustainability reporting platform / capacity building programs | - | - | - | 179 |
Diverse-owned business spend, million USD | 532 | 535 | 525 | 427 |
Percent of spend with diverse-owned businesses | - | 7% | 6% | 5% |
Supplier risk assessment data | ||||
Total number of suppliers audited for sustainability and business risks through On‑Site Assessment (OSA) audits | - | 968 | 675[1] | 717 |
Percentage of direct material spend subject to On-Site Assessments | 86% | 95% | 73%[1] | 61% |
Percentage of direct material spend assessed on a quarterly basis for risk | 100% | 100% | 100% | 100% |
Percentage of new suppliers that were screened using environmental and social criteria | - | 100% | 100% | 100% |
Number of suppliers assessed for environmental and social impacts | 501 | 299 | 225 | 225 |
Number of suppliers identified as having significant actual and potential negative environmental or social impacts | 0 | 0 | 0 | 0 |
Significant actual and potential negative environmental or social impacts identified in the supply chain | 0 | 0 | 0 | 0 |
Percentage of suppliers identified as having significant actual and potential negative environmental or social impacts with which improvements were agreed upon as a result of assessment | 0% | 0% | 0% | 0% |
Percentage of suppliers identified as having significant actual and potential negative environmental or social impacts with which relationships were terminated as a result of assessment | 0% | 0% | 0% | 0% |
Logistics Data | ||||
Reduction in empty truck miles drivin through Dedicated Carrier Program | - | 16% | 87% | 87% |
Emissions avoided through Dedicated Carrier Program (metric tons CO2e) | - | 1,895 | 2,553 | 2,858 |
[1] The reduction in On-Site Assessments reflects the transition to a 5-year versus a 3-year renewal standard
[2] Due to COVID, we were unable to go on-site to conduct many of the planned OSAs.
Technology & Innovation
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Percentage of eligible products, by revenue, that meet Energy Star® criteria | 35% | 32% | 17% | 16% |
Sustainable revenue[1] | 0% | 0% | 0% | 46% |
Projects meeting or exceeding quality, design, and cost goals | - | 80% | 78% | 83% |
Average revenue from innovation | 19% | 21% | 27% | 32% |
Research and development spend, millions USD | 236 | 211 | 252 | 310 |
Business development spend, millions USD | - | 300 | 900 | 197 |
Percent of business development spend focused on sustainability-related objectives | - | Over 90% | Over 90% | Over 90% |
New products and services launched | - | 69 | 98 | 190 |
New patent filings | - | 145+ | 125+ | 135+ |
[1] Based on the definition and calculations provided by Corporate Knights Sustainable Economy Taxonomy for Green Products
Baseline (2019) | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Product Life Cycle Data | ||||
New product development projects generated or improvedby the Product Development Process | - | 212 | 230 | 262 |
Avoided emissions from refrigerant reclamation program (metric tons CO2e) | - | 206,164 | 213,918 | 323,770 |
Materials Data | ||||
Percentage of recycled input materials used to manufacture the organization’s primary products and services | - | 47% | 45% | 46% |
Revenue from remanufactured products and remanufacturing services, millions USD | - | 99 | 104 | 215 |