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Leading on Embodied Carbon

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Trane Technologies has announced a commitment to reduce embodied carbon by 40% by 2030, an industry-first initiative aligned with global climate goals. This expansion of their 2030 Sustainability Commitments builds on their momentum in sourcing sustainable solutions like low-carbon steel. The company aims to address both operational and embodied carbon in buildings, which are responsible for nearly 40% of global energy-related carbon emissions.

To achieve this goal, Trane Technologies is collaborating with suppliers to reduce carbon intensity across the value chain, focusing on materials used in buildings and building equipment such as steel, aluminum, copper, and refrigerants. The company emphasizes the importance of transparency, standardized approaches, and efficient measurement of embodied carbon. This commitment aligns with their culture of sustainability and the actions taken daily to deliver on their promises.

Trane Technologies ha annunciato un impegno a ridurre il carbonio incorporato del 40% entro il 2030, un'iniziativa pionieristica in linea con gli obiettivi climatici globali. Questa espansione dei loro Impegni di Sostenibilità per il 2030 si basa sul loro slancio nell'approvvigionamento di soluzioni sostenibili come l'acciaio a basse emissioni di carbonio. L'azienda mira a affrontare sia il carbonio operativo che quello incorporato negli edifici, che rappresentano quasi il 40% delle emissioni di carbonio legate all'energia a livello globale.

Per raggiungere questo obiettivo, Trane Technologies sta collaborando con i fornitori per ridurre l'intensità di carbonio lungo l'intera catena del valore, concentrandosi sui materiali utilizzati negli edifici e nelle attrezzature edilizie come acciaio, alluminio, rame e refrigeranti. L'azienda sottolinea l'importanza della trasparenza, degli approcci standardizzati e della misurazione efficiente del carbonio incorporato. Questo impegno è in linea con la loro cultura di sostenibilità e le azioni intraprese quotidianamente per mantenere le promesse fatte.

Trane Technologies ha anunciado un compromiso para reducir el carbono incorporado en un 40% para 2030, una iniciativa pionera alineada con los objetivos climáticos globales. Esta expansión de sus Compromisos de Sostenibilidad 2030 se basa en su impulso en la obtención de soluciones sostenibles como el acero de bajo carbono. La empresa pretende abordar tanto el carbono operativo como el incorporado en los edificios, que son responsables de casi el 40% de las emisiones globales de carbono relacionadas con la energía.

Para alcanzar este objetivo, Trane Technologies está colaborando con proveedores para reducir la intensidad de carbono a lo largo de la cadena de valor, enfocándose en los materiales utilizados en edificios y equipos de construcción como acero, aluminio, cobre y refrigerantes. La empresa enfatiza la importancia de la transparencia, los enfoques estandarizados y la medición eficiente del carbono incorporado. Este compromiso se alinea con su cultura de sostenibilidad y las acciones que se llevan a cabo a diario para cumplir con sus promesas.

Trane Technologies는 2030년까지 매립된 탄소를 40% 줄이기로 약속했습니다, 이는 전 세계 기후 목표에 부합하는 업계 최초의 이니셔티브입니다. 2030 지속 가능성 약속의 확장은 저탄소 철강과 같은 지속 가능한 솔루션을 조달하는 데에 있어 그들의 모멘텀을 기반으로 합니다. 이 회사는 전 세계 에너지 관련 탄소 배출의 거의 40%를 차지하는 건물에서 운영 탄소와 매립된 탄소 모두를 다루고자 합니다.

이 목표를 달성하기 위해 Trane Technologies는 가치 사슬 전반에 걸쳐 탄소 집약도를 줄이기 위해 공급업체와 협력하고 있습니다, 이는 철강, 알루미늄, 구리 및 냉매와 같은 건물 및 건축 장비에 사용되는 자재에 중점을 둡니다. 이 회사는 투명성, 표준화된 접근 방식 및 매립된 탄소의 효율적인 측정의 중요성을 강조합니다. 이 약속은 그들의 지속 가능성 문화와 매일 약속을 이행하기 위해 취해진 행동과 일치합니다.

Trane Technologies a annoncé un engagement à réduire le carbone incorporé de 40 % d'ici 2030, une initiative sans précédent dans l'industrie et alignée sur les objectifs climatiques mondiaux. Cette expansion de ses Engagements en matière de durabilité pour 2030 s'appuie sur son élan dans l'approvisionnement de solutions durables telles que l'acier à faible teneur en carbone. L'entreprise vise à aborder à la fois le carbone opérationnel et le carbone incorporé dans les bâtiments, qui sont responsables de près de 40 % des émissions mondiales de carbone liées à l'énergie.

Pour atteindre cet objectif, Trane Technologies collabore avec des fournisseurs pour réduire l'intensité carbone tout au long de la chaîne de valeur, en se concentrant sur les matériaux utilisés dans les bâtiments et les équipements de construction tels que l'acier, l'aluminium, le cuivre et les réfrigérants. L'entreprise souligne l'importance de la transparence, des approches standardisées et de la mesure efficace du carbone incorporé. Cet engagement s'inscrit dans leur culture de durabilité et les actions entreprises quotidiennement pour tenir leurs promesses.

Trane Technologies hat ein Engagement zur Reduzierung des verkörperten Kohlenstoffs um 40 % bis 2030 angekündigt, eine branchenweit erstmals umgesetzte Initiative, die mit den globalen Klimazielen im Einklang steht. Diese Erweiterung ihrer Nachhaltigkeitsverpflichtungen für 2030 baut auf ihrem Schwung beim Beschaffen nachhaltiger Lösungen wie kohlenstoffarmem Stahl auf. Das Unternehmen beabsichtigt, sowohl operativen als auch verkörperten Kohlenstoff in Gebäuden zu adressieren, die für fast 40 % der globalen energiebezogenen Kohlenstoffemissionen verantwortlich sind.

Um dieses Ziel zu erreichen, arbeitet Trane Technologies mit Lieferanten zusammen, um die Kohlenstoffintensität entlang der gesamten Wertschöpfungskette zu reduzieren, wobei der Fokus auf den in Gebäuden und Bauausrüstungen verwendeten Materialien liegt, wie Stahl, Aluminium, Kupfer und Kühlmittel. Das Unternehmen betont die Bedeutung von Transparenz, standardisierten Ansätzen und effektiver Messung des verkörperten Kohlenstoffs. Dieses Engagement steht im Einklang mit ihrer Kultur der Nachhaltigkeit und den täglich ergriffenen Maßnahmen zur Einhaltung ihrer Versprechen.

Positive
  • Industry-first commitment to reduce embodied carbon by 40% by 2030
  • Expansion of 2030 Sustainability Commitments
  • Collaboration with suppliers to reduce carbon intensity across the value chain
  • Focus on high-impact materials like steel, aluminum, copper, and refrigerants
  • Shipped over one million HVAC units made with low-carbon steel in less than a year
Negative
  • None.

Trane Technologies' sustainability and procurement leaders on the company's move to reduce embodied carbon by 40%.

NORTHAMPTON, MA / ACCESSWIRE / September 25, 2024 / Trane Technologies

This article is co-authored by Paul Camuti, Executive Vice President and Chief Technology and Sustainability Officer, Trane Technologies and Kinnar Ghiya, Vice President, Procurement, Trane Technologies.

According to the World Business Council on Sustainable Development (WBCSD), in order to limit global warming to 1.5C or less in line with the Paris Agreement, it is essential to decarbonize our economy by 2050. And there is no decarbonizing our economy without decarbonizing buildings.

Embodied carbon in the built environment

Buildings are responsible for almost 40% of global energy and related carbon emissions: 28% from operational emissions-the energy needed to heat, cool and power them-and 11% from materials and construction. We are proud to be leading the reduction of operational emissions by achieving our 2030 Sustainability Commitments, but in order to achieve global climate goals, we also need to reduce the embodied carbon in building materials and equipment.

Embodied carbon refers to the total amount of greenhouse gas emissions associated with a product material's lifecycle, including the extraction of raw materials, manufacturing, transportation and recycling. According to the World Green Building Council (WorldGBC), embodied carbon in building materials and equipment needs to be reduced by at least 40% from today's levels by 2030 and to net-zero by 2050.

The embodied carbon footprint of buildings is made up of major building components like steel, concrete and aluminum, along with equipment like HVAC chillers and heat pumps and thermal storage systems, as well as electrical and plumping equipment. This is where Trane Technologies has a major opportunity to contribute.

Trane Technologies moves to reduce embodied carbon

Trane Technologies has announced a commitment to reduce embodied carbon by 40% by 2030. This is an industry-first, first-of-its-scale, precedent-setting commitment. It's an expansion of our 2030 Sustainability Commitments, and it builds on our momentum for sourcing more sustainable solutions like low-carbon steel.

Industry-first and NGO aligned

WBCSD and WorldGBC have called for the building sector to reduce embodied carbon. And we are proud to be the first HVAC company to make the commitment. As a growth company, we don't follow norms. We set them.

An expansion of our commitments

We have bold ambitions, set against aggressive baselines. We are constantly scanning the environment for opportunities to move faster and go farther. This new embodied carbon commitment is an expansion of our Leading by Example commitment to reduce the environmental impact of our own operations. As such, it is also set against a 2019 baseline.

Building on our momentum

In November 2022 we made a commitment to source low-carbon steel, and by November 2023, we had shipped more than one million HVAC units made with that low-carbon steel to homes, schools and data centers across the United States.

Our growth mindset and commitment to operational excellence serve as a system of checks and balances. With our deep experience, we know we need to test a bold commitment like this to ensure we can deliver. We have. And we will.

Collaborating with our suppliers

The building sector is incredibly interconnected. Our technology solutions are a component of buildings. And materials like steel, copper and aluminum are components of our solutions. Our suppliers have suppliers, and so on. We are transforming our economy. No one can do this alone.

And so we are collaborating with our suppliers to reduce carbon intensity across the value chain. This is a work in progress, and we are working together to bring transparency, standard approaches and efficient ways to measure and manage embodied carbon.

  • Building materials: We will focus our efforts on partnering with suppliers of materials used in buildings and building equipment, including steel, aluminum, copper and refrigerants, while continuing to incorporate circular design criteria into our product development projects.

  • All top-emitting categories can contribute, but a priority approach will be leveraged for those with the highest impact and scale.

One company can change an industry

From our customers to our own operations to our suppliers, we are looking for ways to reduce emissions every step of the way. With this new commitment, we are addressing both sides of the challenge to reduce our own and our customers' carbon footprints: by reducing operational carbon through the Gigaton Challenge and embodied carbon through this expansion of our Leading by Example commitment.

Our strong sustainability performance is the direct result of our culture and the actions our people take every day to deliver on our commitments. Our procurement teams are excited by the challenge to reduce embodied carbon. It aligns with our constant focus on productivity, growth, resiliency and sustainability.

The products we manufacture have a significant lifetime, often upwards of 15-20 years or more. The actions we take today to reduce the embodied carbon of those products have far-reaching implications for achieving tomorrow's goals. And beyond our products, the way we lead matters.

With this move to reduce embodied carbon, we are elevating the important research of our NGO partners, we are celebrating the good work of our suppliers, and we are leading our industry forward to a more sustainable future.

This article includes "forward-looking statements" within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our decarbonization efforts, our sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2023, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

View additional multimedia and more ESG storytelling from Trane Technologies on 3blmedia.com.

Contact Info:
Spokesperson: Trane Technologies
Website: https://www.3blmedia.com/profiles/trane-technologies
Email: info@3blmedia.com

SOURCE: Trane Technologies



View the original press release on accesswire.com

FAQ

What is Trane Technologies' (TT) new commitment regarding embodied carbon?

Trane Technologies has committed to reduce embodied carbon by 40% by 2030, which is an industry-first initiative for an HVAC company.

How does Trane Technologies (TT) plan to achieve its embodied carbon reduction goal?

Trane Technologies plans to collaborate with suppliers to reduce carbon intensity across the value chain, focusing on materials like steel, aluminum, copper, and refrigerants used in buildings and building equipment.

What progress has Trane Technologies (TT) made in using low-carbon materials?

By November 2023, Trane Technologies had shipped more than one million HVAC units made with low-carbon steel to homes, schools, and data centers across the United States.

How does Trane Technologies' (TT) embodied carbon commitment relate to global climate goals?

The commitment aligns with the World Green Building Council's call to reduce embodied carbon in building materials and equipment by at least 40% from today's levels by 2030 to meet global climate goals.

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