Trane Technologies is a leader in global climate innovation. Our solutions are better for the environment and better for our customers – there is no trade-off.
GRI 103-1, 103-2
Driven by our Gigaton Challenge, our portfolio of environmentally responsible products and services helps our customers decarbonize to combat climate change. Our Chief Technology and Sustainability Officer and Chief Strategy Officer oversees strategy and innovation teams that continually look to the future to uncover opportunities that can strengthen our product portfolio and meet customer needs. These opportunities and improvements are then integrated into our product development process (PDP) by our Corporate Engineering Excellence team. Read more about our approach to product development and innovation.
In 2021, approximately 35% of our revenue was estimated as Clean Revenue. Trane Technologies defines clean revenue as products and services that facilitate energy or emissions reductions including transitioning to next generation refrigerants and increased energy efficiency in built environments and refrigerated transport.
*Trane Technologies defines clean revenue as products and services that facilitate energy or emissions reductions including transitioning to next generation refrigerants and increased energy efficiency in built environments and refrigerated transport.
Trane Technologies solutions help customers to decarbonize in three core ways:
Approximately 15% of global annual GHG emissions, and close to 40% of U.S. annual GHG emissions, relate to heating and cooling commercial and residential buildings. Much of these emissions come from fossil-fuel powered appliances such as furnaces and boilers. Transitioning from these fossil-fuel powered appliances to electric appliances such as heat pumps that can be powered by renewable energy sources can reduce emissions from the built environment.
Trane Technologies is a leading manufacturer of efficient, electric-powered heat pumps for commercial and residential buildings. Heat pumps function as an air conditioner when indoor spaces get hot and a heater when it’s cold.
Our Trane brand offers customers some of the most efficient, quiet, and durable commercial units in the market. The Sintesis above is an innovative Multi-pipe unit that cools one part of your building while heating another part, all in ONE single HVAC unit. When paired with renewable energy, some of these unit solutions can offer zero emission heating and cooling.
HFC refrigerants are especially potent GHGs that have a hundred to a thousand times higher GWP than CO2. Responsible management and disposal of HFC refrigerants is the best way to address climate change, according to Project Drawdown. Regulations regarding the use of HFC refrigerants are becoming increasingly strict, and many countries are phasing out their use completely.
At Trane Technologies, we are committed and on track to transition out of high-GWP refrigerants by 2030 – ahead of regulation. We began transitioning well before the Montreal Protocol included any HFC transitions and are leading the rest of the industry to a lower carbon platform. We sell our customer-oriented solutions in more than 30 countries, most of which have no regulations in place, demonstrating the demand for low carbon technologies with high energy efficiency.
Our EcoWise™ portfolio reduces the GHG emissions footprint of our refrigerant‑bearing products and offers our customers more sustainable choices. We specifically design EcoWise™ products, such as CenTraVac, for next‑generation, low-GWP refrigerants without sacrificing energy efficiency, safety, or operating performance.
No matter the type of energy used to power our lives, using less energy overall leads to fewer emissions generated and reduced demand for electricity – both key levers to combat climate change.
Developing efficient products requires technological innovation and customer engagement, and Trane Technologies specializes in both. During our thorough product development process (PDP), we listen to and address customer needs, use durable parts designed in house, and incorporate digitalization capabilities to help customers optimize their operations at a systems level. Our efficient products are climate change solutions and reduce customer costs.
Thermo King Advancer
Thermo King’s Advancer trailer unit, launched in 2020, leads the market in energy efficiency, fuel efficiency, reliability, temperature control, and fleet connectivity. It was designed specifically to contribute to our Gigaton Challenge and operates with a 30% reduction of CO2 emissions compared to previous units. Our Connected-Suite Telematics offering goes even further to support customers in managing entire fleets of Advancer or other trailer units. Together, these products contribute to a reduction in food loss during transportation.
Our products go through rigorous testing to ensure they consistently operate in the most extreme conditions – which is usually when customers need our products the most. At the Systems Extreme Environmental Test lab in Tyler, Texas, Trane products are put through 16 weeks of bone-chilling cold and blistering heat, in repeating two-week sessions. At another Compressor Test lab, our technicians try to break our ClimatuffTM compressor, which we’ve affectionately named Snowball (pictured below). Snowball II has been running nonstop since 2000, despite our technicians' best destructive efforts, and has even incased itself in a block of ice. Read more about Snowball I and II.
We measure product reliability and safety against relevant industry standards and codes including UL, NEC, ANSI, and others. Cross-functional PDP project teams identify and account for EHS risks throughout every phase of the PDP. They also conduct a design failure modes and effects analysis to identify and take action to rectify potential failures modes and their causes. We also measure the health and safety of our products against internal metrics of serviceability, reliability, and durability. These metrics evaluate the initial quality and the time needed to resolve a design or manufacturing issue from the moment it is first identified. Our facilities operate at world-class levels for meeting quality, design, and cost, with on average, more than 85% of New Product Development (NPD) projects meeting or exceeding those goals.
Though we often go beyond regulatory requirements for efficiency, we adhere to performance levels set by external standard-setting bodies such as ASHRAE or the U.S. EPA Energy StarTM designation for Trane products, and by standards set at the country, state, and local levels for Thermo King products. Sub-meters or utility consumption reports at the building or sub-building level audit and verify the additional efficiency achieved through our services.
We comply with regulations and codes concerning product labeling and service information, marketing communications, and customer safety. The designated legal counsel within each business follows a process to address issues of noncompliance in these areas. Each business takes responsibility for tracking noncompliance-related incidents in accordance with the market in which it operates. Since compliance varies based on location, Trane Technologies does not collect business units data or make general statements on this topic at the enterprise level.