General Disclosures
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GRI Standard Disclosure Number
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GRI Disclosure Title
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2021 Direct Response of Location
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|---|---|---|
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Organizational Profile
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102-1
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Name of organization
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Trane Technologies
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Activities, brands, products, and services
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102-3
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Location of headquarters
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170/175 Lakeview Drive
Airside Business Park
Swords, Co. Dublin, Ireland
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102-4
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Location of operations
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Ownership and legal form
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102-6
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Markets served
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102-7
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Scale of the organization
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102-8
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Information on employees and other workers
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102-9
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Supply chain
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102-10
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Significant changes to the organization and its supply chain
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During the reporting year, there were no major changes within our supply chain.
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102-11
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Precautionary principle or approach
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102-12
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External initiatives
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Charters
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102-13
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Membership of associations
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Strategy
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102-14
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Statement from senior decision-maker
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102-15
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Key impacts, risks, and opportunities
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Ethics & Integrity
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102-16
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Values, principles, standards, and norms of behavior
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102-17
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Mechanisms for advice and concerns about ethics
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Governance
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102-18
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Governance structure
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102-20
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Executive-level responsibility for economic, environmental, and social topics
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102-21
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Consulting stakeholders on economic, environmental and social topics
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102-22
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Composition of the highest governance body and its committees
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102-23
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Chair of the highest governance body
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102-26
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Role of the highest governance body in setting purpose, values and strategy
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102-27
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Collective knowledge of the highest governance body
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102-29
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Identifying and managing economic, environment and social impacts
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102-32
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Highest governance body's role in sustainability reporting
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Stakeholder Engagement
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102-40
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List of stakeholder groups
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102-41
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Collective bargaining Agreements
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17.7% of global workforce covered by collective bargaining agreements
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102-42
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Identifying and selecting stakeholders
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102-43
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Approach to stakeholder engagement
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102-44
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Key topics and concerns raised
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Reporting Practice
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102-45
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Entities included in the consolidated financial statements
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102-46
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Defining report content and topic boundaries
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102-47
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List of material topics
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102-48
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Restatements of information
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102-49
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Changes in reporting
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102-50
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Reporting period
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January 1 – December 31, 2021
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102-51
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Date of most recent report
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April 2021
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102-52
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Reporting Cycle
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Annual
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102-53
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Contact point for questions regarding the report
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Carrie Ruddy
carrie.ruddy@tranetechnolgies.com
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102-54
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Claims of reporting in accordance with GRI Standards
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This report has been prepared in accordance with the GRI Standards: Core option
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102-55
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GRI Content Index
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This table is the GRI Content Index
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102-56
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External Assurance
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Our environmental, health and safety and GHG data are assured annually by a third party.
The assurance process is led by the Vice President, Environmental, Health and Safety, operations who reports to Senior Vice President, Global Operations and Integrated Supply Chain
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Material Topics
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GRI Standard Disclosure Number
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GRI Disclosure Title
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2021 Direct Response or Location
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|---|---|---|
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Access to Heating and Cooling
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Custom
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New products and services launched
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Company Culture
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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401-1
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New employee hires and employee turnover
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401-2
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Benefits provided to full-time employees that are not provided to temporary or part-time employees
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401-3
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Parental Leave
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Diversity & Inclusion
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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405-1
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Diversity of governance body and employees
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Emissions
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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305-1
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Energy direct (Scope 1) GHG emissions
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Gases included in the calculation: CO2, CH4, N2O
Base year for the calculation: 2019
Source of emissions factors and the GWP rates used: IPCC AR5 – Climate Change 2013; EPA Climate Leaders, Emission Factors for Greenhouse Gas Inventories, March 9, 2018; 2017 Climate Registry Default Emissions Factors Report, Table B.2, March 15, 2017.
Consolidated approach for emissions: Financial control
Standards, methodologies, assumptions and/or calculation tools used: World Resources Institute, The Greenhouse Gas Protocol
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305-2
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Energy indirect (Scope 2) GHG emissions
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Gases included in the calculation: CO2, CH4, N2O, HFCs and small quantities of HCFCs (e.g. R22)
Base year for the calculation: 2019
Source of emissions factors and the GWP rates used: USA location factors: US EPA, 2018 eGRID, eGRID2018 Summary Tables.PDF, March 9, 2020
Other locations: International Energy Agency, IEA (2020), Emission Factors
Consolidated approach for emissions: Financial control
Standards, methodologies, assumptions and/or calculation tools used: World Resources Institute, The Greenhouse Gas Protocol
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305-3
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Other indirect (Scope 3) GHG emissions
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305-4
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GHG emissions intensity
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Organization-specific metric (the denominator): Million USD
Types of GHG emissions included in the intensity ratio: Scope 1 and market-based Scope 2
Gases included in the calculation: CO2, CH4, N2O
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305-5
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Reduction of GHG Emissions
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Gases included in the calculation: CO2, CH4, N2O
Base year or baseline: 2019
Scopes in which reductions took place: Scope 1 and market-based Scope 2
Standards, methodologies, assumptions and/or calculation tools used: GRI 305: Emissions 2015, Disclosure 305-5
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305-6
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Emissions of Ozone-Depleting Substances (ODS)
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Not applicable, Trane Technologies is not a manufacturer of ODSs based on interpretation of GRI 305-6
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305-7
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Nitrogen Oxides (NOx), Sulfur Oxides (SOx), and other significant air emissions
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U.S. EPA, Compilation of Air Pollution Emission Factors (AP-42), U.S. EPA Updated Emission Factors of Air Pollutants from Vehicle Operations in GREET Using MOVES; and vendor technical data sheets
Standards, methodologies, assumptions and/or calculation tools used: General calculation method is material usage multiplied by emissions factor
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Energy
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Energy
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302-1
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Energy consumption within the organization
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Standards, methodologies, assumptions and/or calculation tools used: GRI 302: Energy 2016, Disclosure 302-2
EPA Climate Leaders, Emission Factors for Greenhouse Gas Inventories, 9 March 2018; Climate Change, 2013, The Physical Science Basis, Working Group I Contribution to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change, Chapter 8, Appendix 8.A, Table 8.A.1; 2017 Climate Registry Default Emission Factors report, Table B.2, March 15, 2017
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302-2
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Energy consumption outside the organization
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All energy was consumed within the organization.
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302-3
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Energy intensity
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Organization-specific metric (the denominator): revenue
Types of energy included in the intensity ratio: Fuel, heating, and electricity
All energy used was consumed inside the organization.
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302-4
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Reduction of energy consumption
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Types of energy included in the reductions: fuel, heating, and electricit
yBase year for targets: 2019
Methodology: GRI 302: Energy 2016: 302-4
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Energy Efficient and Low Emission Products
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Custom
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Clean revenue
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Financial Performance
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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201-1
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Direct economic value generated and distributed
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Innovation for Emerging Markets
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Custom
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Percent of business development spend focused on sustainability-related objectives
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Product Life Cycle
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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301-2
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Recycled input materials used
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Public Policy
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Political Contributions
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Supplier Environmental Conditions
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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308-1
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New Suppliers That Were Screened Using Environmental Criteria
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308-2
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Negative Environmental Impacts in the Supply Chain and Action Taken
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414-1
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New suppliers that were screened using social criteria
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414-2
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Negative social impacts in the supply chain and action taken
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Technology & Innovation
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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Custom
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Average revenue from innovation
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Training & Development
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103-1
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Explanation of the material topic and its boundaries
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103-2
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The management approach and its components
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103-3
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Evaluation of management approach
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404-1
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Average hours of training per year per employee
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404-2
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Programs for upgrading employee skills and transition assistance programs
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404-3
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Percentage of employees receiving regular performance and career development reviews
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English