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Climate Change

We directly confront climate change to ensure a healthier environment

Key Stats

54,681

Metric tons of CO2 e

Avoided globally from our operations compared to our 2019 baseline

220B

BTUs

Of reduced energy use since 2019

18,625

megawatt hours (MWH)

Reduction in electricity consumption in 2020

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Doing What It Takes to Make a (Huge) Difference

We are committed to reducing our customer carbon footprint by one gigaton of CO2e by 2030.

This is the largest customer climate commitment made by any B2B company, and our math shows that this reduction could equate to 2% of the world's annual emissions — the equivalent of the annual emissions of Italy, France and the U.K. combined.

Climate change is one of the greatest challenges of our time. The increasing concentration of greenhouse gases (GHGs) in our planet’s atmosphere is warming the planet at an alarming rate. This warming is leading to increased risks of natural disasters that threaten human life and our well-being with prolonged heat waves and droughts, stronger hurricanes, more frequent wildfires and floods, and significant undesirable ecological changes. 

Approximately 15% of global GHG emissions are related to heating and cooling buildings, and another 10% comes from food lost in transport or never consumed. This means that as climate innovators, we are uniquely positioned to lead a movement to tackle climate change and reduce the rate of atmospheric GHG concentration. We are committed to changing the way the world heats and cools buildings and how it moves refrigerated cargo.

Ambitious goals guide us. Our 2030 Sustainability Commitments affect every major part of our business and extend across the value stream— from operations, to supply chains, and from customer solutions and employee and community development, to governance. We are leading by example and have committed to achieving carbon neutral operations globally this decade. We are the first industrial manufacturer to set a commitment to reduce our customers’ carbon footprints by 1 billion metric tons of CO2e. We call this our Gigaton Challenge. 

The Gigaton Challenge represents the largest science-based customer-facing emissions reduction commitment of any BTB (as a percent of emissions). Achieving this would be the equivalent of preventing emissions from 98 billion gallons of diesel fuel. This reduction could equate to 2% of the world's annual emissions, or the annual emissions of Italy, France and the U.K. combined. To learn more, please see our Greenhouse Gas Emissions and Refrigerants section.

By the end of 2020, we reduced our customer carbon footprint (product use + systems efficiency) by more than 7.7 million metric tons of CO2 equivalent (CO2e) globally compared to a 2019 baseline. We have also reduced the GHG emissions intensity of our operations by 7.3% and reduced absolute energy use by 220 billion British thermal units (BTUs) and electricity consumption by 18,625 megawatt hours (MWh).

We are also focused on risk management and disclosure. Trane Technologies strongly supports the Task Force on Climate-related Financial Disclosures (TCFD), which launched to help companies understand, measure, and respond to climate change risks and opportunities. Last year, we expanded our reporting to include information and voluntary disclosures that are aligned with TCFD’s final recommendations report. 

In 2020, Trane Technologies became a founding member of Drawdown Labs. A program of Project Drawdown, Drawdown Labs is a consortium of private sector partners aiming to go beyond ‘net zero’ to scale climate solutions in the broader world. Trane Technologies will work with this new collaborative group to advance the next level of business leadership on corporate climate action, engaging both with other companies and our own employees. One recent example includes a virtual learning session for all employees on decarbonization pathways titled, What is "De-Carbonization" and what does this trend mean for Trane Technologies?, in which Project Drawdown researchers spoke to our staff on decarbonization in the industrial sector. We look forward to continuing our work with Drawdown Labs and engaging further with this cross-sectoral group of climate leaders. 

Read more about our efforts to reduce GHG emissions and transition to next-generation refrigerants in public policy advocacy and compliance, greenhouse gas emissions, pollutant emissions and refrigerants and product emissions.