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Our Purpose

Boldly challenge what's possible for a sustainable world

“At Trane Technologies, we challenge possible by thinking bigger, acting bolder and taking actions that not just improve our own performance but influence global change.” 

Mike Lamach, Chairman and CEO

Setting our 2030 Sustainability Commitments

Global megatrends like climate change, resource conservation, stakeholder expectations and workforce dynamics are changing the way we live and work. Our 2030 Sustainability Commitments are focused where these megatrends intersect with our technology, innovations and expertise. 

Our Focus:

  • Gigaton Challenge: Our Gigaton challenge sets the tone to rally our employees to enable our customers to reduce their carbon emissions by 1 billion metric tons, the equivalent of the annual emissions of Italy, France and the United Kingdom combined.
  • Leading by Example: We intend to lead our industry and encourage our suppliers to follow by continually improving our operations to achieve carbon neutrality, reduce our absolute energy consumption by 10%, send zero waste to landfill and return more water than we use in water-stressed areas. 
  • Opportunity for All: We create new possibilities and a better world for our people and our communities by achieving gender parity in leadership and workforce diversity reflective of our communities; dedicating employee volunteer hours in our communities; providing market-competitive wages and benefits for employees; enhancing learning environments and introducing green and STEM curricula throughout students’ journeys.

2030 Sustainability Commitment Focus Areas and Goals

GIGATON CHALLENGE
LEADING BY EXAMPLE
OPPORTUNITY FOR ALL
Reduce customer carbon footprint by 1 gigaton1
Accelerate clean technologies that heat and cool buildings in sustainable ways
Reduce food loss in the global cold chain
Transition out of high-Global Warming Potential Refrigerants by 2030 -- ahead of regulation Design systems for circularity Increase access to heating, cooling and fresh food
Achieve carbon neutral operations 
Reach zero waste disposed of in landfills 
Achieve net positive water use in water-stressed locations 
Achieve 10% absolute reduction in energy consumption2
Achieve workforce diversity reflective of our communities
Achieve gender parity in leadership roles
Maintain world-class safety metrics
Provide market-competitive wages and benefits and leading wellness offerings for global workforce
Invest $100 million in building sustainable futures for under-represented students
Dedicate 500,000 employee volunteer hours in our communities

1 1B metric tons of CO2e.

2 Compared to 2019 baseline.

Progress toward 2030 Sustainability Commitments

Gigaton Challenge

Goal
Target
Progress Toward Target
Reduce customer carbon footprint by 1 gigaton1
Reduce customer carbon footprint by one gigaton (or 1 billion metric tons of CO2e)
7.7 million metric tons CO2e
Design systems for circularity

Created a Circularity Council in 2020 that will focus on improving circularity in the following aspects:
 - Material inputs
 - Product design (i.e., modularity) 
New potential business models to encourage reduction or even elimination of end of life
Increase access to heating & cooling and fresh food
Innovate and commercialize low cost sustainable products for developing markets we currently have no offers for
Established as a goal and integrated into our strategy and innovation efforts for 2021 and moving forward

1 1B metric tons of CO2e.

Leading by Example

Goal
Target
Progress Toward Target
Achieve carbon neutral operations
Trane Technologies will continue to reduce its carbon emissions and offset any remailing carbon emissions with Carbon Credits
-7.3%
Reach zero waste disposed of in landfills
Through reducing, reusing and recycling, we will eliminate non-hazardous waste entering landfills
+12%
Achieve net positive water use in water-stressed locations
We will reduce our water consumption, improve water quality and access to clean water in stressed areas
-23%
Achieve 10% absolute reduction in energy consumption
Through energy reduction projects at our locations and electronification of our fleet, we will reduce our absolute energy
7.7%

Opportunity for All

Goal
Target
Progress Toward Target
Achieve workforce diversity reflective of our communities
Increase racial and ethnic diversity of our salaried population in the US from a current 17% to 26% by 2030 — an increase of 50%
In 2020 our full US workforce generally reflects the communities we are part of — 36% of our workforce is racially or ethnically diverse. At the end of 2020, we established new goals to increase ethnic representation in our salaried workforce.
Achieve gender parity in leadership roles
Achieve gender parity in leadership (B7+) positions by 2030 
Increase women representation in management (B5+) from 22% to 35% by 2030
The women’s share of the workforce in the company was flat in 2020 as we launched our new company and had lower-than-normal external hiring levels. For 2021 and beyond, we have established gender goals that ensure we will meet our 2030 commitments for gender parity in leadership positions
Maintain world-class safety metrics
Loss Time Incident Rate (LTIR): 0.06Total
Recordable Incident Rate (TRIR): 0.60
LTIR: 30% reduction from 2019 
TRIR: 8% reduction from 2019
Provide market-competitive wages and benefits and leading wellness offerings for global workforce

All employee compensation is assessed for market competitiveness and gender/race parity 
U.S. hourly starting wages are 195% above state minimum wages on average
Offered flexible work policies and Manager Guides
Provided family leave and support for new parents
Granted paid time off for volunteer work
100% of employees have access to healthcare insurance
Wellness offerings increased from 96% to 100% of employees
Mental Health support expanded to all employees globally
Mobile capability and AI for Just in Time and Targeted Information/Resources
Helping Hand Fund awarded $1.37M to 1,073 employees during pandemic
Invest $100 million in building sustainable futures for under-represented students
Provide indoor environmental quality solutions and expertise for healthy homes and classrooms to optimize learning
Provide access to healthy food and medicines for students and their families for improved wellness
Accelerate students success and create pathways for green and STEM careers
Funded student certification programs
Donated more than $1.5 million
Donated STEM equipment
Held job fairs in several countries
Dedicate 500,000 employee volunteer hours in our communities
Improve perception and familiarity with manufacturing, engineering and technical careers
Offer more entryways for diverse workers to access Green & STEM professions
Invest $100 million in non-profit organizations that provide training and job readiness resources, mentoring, and job placement
Stood up a new global volunteerism program – providing employees a full workday to volunteer
Volunteer hours for 2020 was 20,559*

*Due to COVID-19 restrictions the volunteer programs available were extremely limited