General Disclosures
GRI Standard Disclosure Number
|
GRI Disclosure Title
|
2021 Direct Response of Location
|
---|---|---|
Organizational Profile
|
||
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
|
Precautionary principle or approach
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102-12
|
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
|
List of stakeholder groups
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102-41
|
Collective bargaining Agreements
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17.7% of global workforce covered by collective bargaining agreements
|
102-42
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Identifying and selecting stakeholders
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|
102-43
|
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
|
Entities included in the consolidated financial statements
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102-46
|
Defining report content and topic boundaries
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|
102-47
|
List of material topics
|
|
102-48
|
Restatements of information
|
|
102-49
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Changes in reporting
|
|
102-50
|
Reporting period
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January 1 – December 31, 2021
|
102-51
|
Date of most recent report
|
April 2021
|
102-52
|
Reporting Cycle
|
Annual
|
102-53
|
Contact point for questions regarding the report
|
Carrie Ruddy
carrie.ruddy@tranetechnolgies.com
|
102-54
|
Claims of reporting in accordance with GRI Standards
|
This report has been prepared in accordance with the GRI Standards: Core option
|
102-55
|
GRI Content Index
|
This table is the GRI Content Index
|
102-56
|
External Assurance
|
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
|
Material Topics
GRI Standard Disclosure Number
|
GRI Disclosure Title
|
2021 Direct Response or Location
|
---|---|---|
Access to Heating and Cooling
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
Custom
|
New products and services launched
|
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Company Culture
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103-1
|
Explanation of the material topic and its boundaries
|
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103-2
|
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
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
405-1
|
Diversity of governance body and employees
|
|
Emissions
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
305-1
|
Energy direct (Scope 1) GHG emissions
|
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
|
305-2
|
Energy indirect (Scope 2) GHG emissions
|
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
|
305-3
|
Other indirect (Scope 3) GHG emissions
|
|
305-4
|
GHG emissions intensity
|
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
|
305-5
|
Reduction of GHG Emissions
|
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
|
305-6
|
Emissions of Ozone-Depleting Substances (ODS)
|
Not applicable, Trane Technologies is not a manufacturer of ODSs based on interpretation of GRI 305-6
|
305-7
|
Nitrogen Oxides (NOx), Sulfur Oxides (SOx), and other significant air emissions
|
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
|
Energy
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
Energy
|
302-1
|
Energy consumption within the organization
|
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
|
302-2
|
Energy consumption outside the organization
|
All energy was consumed within the organization.
|
302-3
|
Energy intensity
|
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.
|
302-4
|
Reduction of energy consumption
|
Types of energy included in the reductions: fuel, heating, and electricit
yBase year for targets: 2019
Methodology: GRI 302: Energy 2016: 302-4
|
Energy Efficient and Low Emission Products
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
Custom
|
Clean revenue
|
|
Financial Performance
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
201-1
|
Direct economic value generated and distributed
|
|
Innovation for Emerging Markets
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
Custom
|
Percent of business development spend focused on sustainability-related objectives
|
|
Product Life Cycle
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
301-2
|
Recycled input materials used
|
|
Public Policy
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
Political Contributions
|
||
Supplier Environmental Conditions
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
308-1
|
New Suppliers That Were Screened Using Environmental Criteria
|
|
308-2
|
Negative Environmental Impacts in the Supply Chain and Action Taken
|
|
414-1
|
New suppliers that were screened using social criteria
|
|
414-2
|
Negative social impacts in the supply chain and action taken
|
|
Technology & Innovation
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
Custom
|
Average revenue from innovation
|
|
Training & Development
|
||
103-1
|
Explanation of the material topic and its boundaries
|
|
103-2
|
The management approach and its components
|
|
103-3
|
Evaluation of management approach
|
|
404-1
|
Average hours of training per year per employee
|
|
404-2
|
Programs for upgrading employee skills and transition assistance programs
|
|
404-3
|
Percentage of employees receiving regular performance and career development reviews
|