The United Nations (UN) Sustainable Development Goals (SDGs) inspire individuals, businesses, and nations to create a more sustainable and equitable world. In line with that ambition, we set our 2030 Sustainability Commitments to tackle climate change impacts and gender equality issues. Our deep expertise in the heating and cooling sector allows us to implement and scale industry-changing innovations. We want our commitments to inspire others, ourselves, and call on those within our industry to join our transformative efforts. We used Trucost's SDG Evaluation Tool to understand where Trane Technologies could make the most meaningful impacts. Based on the evaluation, we aligned our actions with three SDGs:
Our 2030 Sustainability Commitments align with SDG 5 and reflect our goal of achieving gender parity in senior leadership as part of our efforts to create Opportunity for All. We continuously evaluate our hiring practices across our value chain to improve where and how we recruit talent, develop our workforce, promote from within, and hold our leaders accountable for enabling opportunities for everyone.
Many of our Learning & Development programs focus on helping women grow into leadership positions at our company. Our Sustainable Futures community engagement programs focus on uplifting underrepresented groups, including women and girls, through access to science, technology, engineering, and math (STEM) education and pathways to green and STEM career opportunities. Additionally, through our seven-step strategic sourcing process, we evaluate our suppliers on various factors, including their Diversity & Inclusion policies. We have a supplier diversity program and continually grow our spend with women-owned businesses.
At Trane Technologies, we acknowledge the UN’s call to accelerate energy efficiency in the heating and transport sectors. That's why we're implementing energy efficiency measures across our enterprise and purchasing renewable energy for our operations. As part of RE100 we’re committed to sourcing 100% renewable energy by 2040, ahead of RE100 requirements. Additionally, we manufacture energy efficient products and energy management solutions to reduce our customers’ consumption profiles. Our 2030 Sustainability Commitments, including the Gigaton Challenge, reflect our ongoing focus on product solutions that help buildings and transportation consume less energy without sacrificing performance.
Trane Technologies actively works to reduce GHG emissions caused by heating and cooling and food loss during transportation. As a global leader in the heating and cooling industry, we take bold actions to decarbonize our footprint internally and externally, including:
We’re doing our part to create a positive impact on society by supporting additional UN SDGs through our actions and initiatives. Examples of our support include:
SDG 2: Zero Hunger: Operation Possible, our crowd-sourcing innovation program in 2021 tackled the challenge of “Co-Existence of Food Loss and Hunger.” Employees generated almost 300 solution ideas aligned with our Access to All sustainability pillar. Multiple concepts are already under development with prototyping and validation for in-market use. Read more about Operation Possible in Technology & Innovation.
SDG 4: Quality Education: We’re proud of the learning culture at Trane Technologies, and work to advance every employee’s career growth. For example, our Women in Action (WIA) program provides our women employees with leadership skills taught through targeted learning and content. Our educational support extends beyond our workforce, as we contribute to organizations like Project Scientist, which enhances access to STEM education for young girls. Read more about our Learning & Development programs, as well as educational support in line with our Diversity & Inclusion actions.
SDG 10: Reduced Inequalities: We made Opportunity for All a core pillar of our Sustainability Commitments and realize that a diverse, inclusive workforce that reflects our communities will support Trane Technologies’ future growth and innovation. That’s why we're investing in underrepresented communities, building diverse hiring pipelines, and aiming for gender parity in senior leadership roles. Learn more about our Diversity & Inclusion initiatives.
SDG 11: Sustainable Cities and Communities: We actively work to improve air quality and reduce emissions through our innovative products. For example, the electrification of Thermo King products and the hybridization of our own fleet help improve air quality by eliminating or reducing emissions during operation.
SDG 12: Responsible Consumption and Production: We implement strict sourcing processes and hold our suppliers accountable through policies like our Business Partner Code of Conduct and Global Human Rights Policy, among others. We also invest significant resources in creating an inclusive supply chain by sourcing from minority-owned businesses. Read more about our Supplier Diversity practices.
Trane Technologies joined a project led by the U.S. Business Council for Sustainable Development (BCSD) that aims to develop materials marketplaces using industrial ecology to help businesses exchange and source materials as part of their waste streams. Our work with the BCSD contributes to six SDGs: Decent Work and Economic Growth (SDG 8); Industry, Innovation, and Infrastructure (SDG 9); Sustainable Cities and Communities (SDG 11); Responsible Consumption and Production (SDG 12); Climate Action (SDG 13); and Partnerships for the Goals (SDG 17).