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Trane Technologies (NYSE: TT) has been recognized as one of Europe's Climate Leaders by Financial Times for the fourth consecutive year. The company has shown significant progress in reducing greenhouse gas emissions and leading the movement towards decarbonization. Trane Technologies has exceeded its climate commitments, set bold 2030 Sustainability goals, and aims to be net-zero carbon by 2050. Through initiatives like the Gigaton Challenge, the company plans to reduce emissions by 1 billion metric tons by 2030, equivalent to 2% of the world's annual emissions. Trane Technologies is at the forefront of sustainable innovation, delivering fully electric refrigeration solutions and advocating for greater collaboration to combat climate change.
Trane Technologies (NYSE: TT) è stata riconosciuta come uno dei Leader Climatici europei dal Financial Times per il quarto anno consecutivo. L'azienda ha dimostrato un progresso significativo nella riduzione delle emissioni di gas serra e nella guida del movimento verso la decarbonizzazione. Trane Technologies ha superato i propri impegni climatici, stabilito ambiziosi obiettivi di sostenibilità per il 2030 e mira a raggiungere la neutralità carbonica entro il 2050. Attraverso iniziative come la Gigaton Challenge, l'azienda prevede di ridurre le emissioni di 1 miliardo di tonnellate metriche entro il 2030, che equivale al 2% delle emissioni annuali mondiali. Trane Technologies è all'avanguardia nell'innovazione sostenibile, offrendo soluzioni di refrigerazione completamente elettriche e promuovendo una maggiore collaborazione per combattere il cambiamento climatico.
Trane Technologies (NYSE: TT) ha sido reconocida como uno de los Líderes Climáticos de Europa por el Financial Times por cuarto año consecutivo. La empresa ha mostrado un progreso significativo en la reducción de emisiones de gases de efecto invernadero y liderando el movimiento hacia la descarbonización. Trane Technologies ha superado sus compromisos climáticos, establecido audaces metas de sostenibilidad para 2030 y aspira a ser cero emisiones netas de carbono para 2050. A través de iniciativas como el Gigaton Challenge, la empresa planea reducir las emisiones en 1 mil millones de toneladas métricas para 2030, lo que equivale al 2% de las emisiones anuales mundiales. Trane Technologies está a la vanguardia de la innovación sostenible, ofreciendo soluciones de refrigeración totalmente eléctricas y abogando por una mayor colaboración para combatir el cambio climático.
Trane Technologies (NYSE: TT)가 Financial Times에 의해 4년 연속 유럽의 기후 리더로 인정받았습니다. 이 회사는 온실 가스 배출을 크게 줄이고 탄소 제거를 향한 운동을 이끌어 나가며 상당한 진전을 보였습니다. Trane Technologies는 기후 약속을 초과 달성하고, 2030 지속 가능성 목표를 과감하게 설정하였으며, 2050년까지 순제로 탄소를 달성하고자 합니다. 기가톤 챌린지와 같은 이니셔티브를 통해, 회사는 2030년까지 10억 메트릭톤의 배출을 줄일 계획이며, 이는 전 세계 연간 배출량의 2%에 해당합니다. Trane Technologies는 지속 가능한 혁신의 선두에 서 있으며, 완전 전기 냉장 솔루션을 제공하고 기후 변화와 싸우기 위해 더 큰 협력을 촉구하고 있습니다.
Trane Technologies (NYSE: TT) a été reconnue comme l'un des Leaders du Climat en Europe par le Financial Times pour la quatrième année consécutive. L'entreprise a réalisé des progrès significatifs dans la réduction des émissions de gaz à effet de serre et mène le mouvement vers la décarbonisation. Trane Technologies a dépassé ses engagements climatiques, fixé des objectifs de durabilité ambitieux pour 2030 et vise à atteindre zéro carbone net d'ici 2050. À travers des initiatives telles que le Gigaton Challenge, l'entreprise prévoit de réduire ses émissions de 1 milliard de tonnes métriques d'ici 2030, ce qui équivaut à 2% des émissions annuelles mondiales. Trane Technologies est à l'avant-garde de l'innovation durable, proposant des solutions de réfrigération entièrement électriques et plaidant pour une plus grande collaboration afin de lutter contre le changement climatique.
Trane Technologies (NYSE: TT) wurde vom Financial Times zum vierten Mal in Folge als einer der Klimaführer Europas anerkannt. Das Unternehmen hat bedeutende Fortschritte bei der Reduzierung von Treibhausgasemissionen gemacht und führt die Bewegung zur Dekarbonisierung an. Trane Technologies hat seine Klimaverpflichtungen übertroffen, ehrgeizige Nachhaltigkeitsziele für 2030 gesetzt und strebt bis 2050 eine Netto-Null-Kohlenstoffemission an. Mit Initiativen wie der Gigaton Challenge plant das Unternehmen, die Emissionen bis 2030 um 1 Milliarde metrische Tonnen zu reduzieren, was 2% der weltweiten jährlichen Emissionen entspricht. Trane Technologies steht an der Spitze der nachhaltigen Innovation, bietet vollständig elektrische Kühllösungen an und setzt sich für eine verstärkte Zusammenarbeit ein, um den Klimawandel zu bekämpfen.
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SWORDS, Ireland--(BUSINESS WIRE)--
Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times Europe’s Climate Leaders list for the fourth consecutive year. This year’s list, compiled by the Financial Times and market research company Statista, recognizes European businesses whose Scope 1 and 2 GHG emissions intensity fell the most between 2017 and 2022.
“We’re extremely honored to be recognized by Financial Times as one of Europe’s climate leaders for the fourth year in a row,” said Jose La Loggia, Group President, Europe, Middle East and Africa (EMEA). “Leading change that drives impact is not new to Trane Technologies. We’re driving meaningful action toward achieving our ambitious sustainability commitments and science-based emission reduction goals. We are climate innovators focused on bringing solutions to customers that enable them to reduce their total carbon footprint and we are proud to lead our industry in making a significant impact on global greenhouse gas emissions, particularly in the areas of heating and cooling and food loss.”
Trane Technologies is uniquely positioned to lead the movement to tackle climate change and empower its customers to decarbonize. In 2014, Trane Technologies established its first set of climate commitments, and exceeded them two years early. Since then, the company’s ambitions and actions have grown, with significant progress toward its bold 2030 Sustainability Commitments and 2050 Net-Zero carbon target.
Through its Gigaton Challenge, announced in 2019, the company is working with customers to reduce greenhouse gas emissions by 1 billion metric tons by 2030. This reduction equates to 2% of the world’s annual emissions – or, the annual emissions of Italy, France and the U.K. combined. It has also pledged to be net-zero by 2050, is first in industry to have its near and long-term emissions reduction targets externally validated by the Science Based Targets Initiative (SBTi) and is one of four Irish-based companies to be recognized with an ‘A’ score for transparency on climate change by CDP in 2023.
Trane Technologies continues to relentlessly invest in sustainable innovation, accelerating decarbonization of buildings, industry and the cold chain. Last November, the company announced it fulfilled its August 2021 commitment to deliver fully electric, zero direct emission Thermo King® refrigeration solutions for every segment of the cold chain in the Europe, Middle East and Africa (EMEA) region by 2023. The company also called for quick action and greater collaboration at the GCCA European Cold Chain Conference in Brussels to ensure widespread adoption of technologies that reduce carbon emissions and improve efficiency.
Earlier this year, Trane Technologies co-developed a roundtable at the European Parliament that addressed the global impact of food loss and the technologies and solutions required to reduce loss and waste across the food chain. This session was aligned to the EU’s commitment of meeting SDG 12.3 of halving per capita global food loss and waste by 2030. In addition to saving more food for human consumption, reducing food waste also lowers emissions. According to Eurostat, food waste is responsible for about 16% of greenhouse gas emissions from the EU food system.
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit tranetechnologies.com.
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to 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.
Why was Trane Technologies recognized by Financial Times?
Trane Technologies was recognized by Financial Times for being one of Europe's Climate Leaders for reducing Scope 1 and 2 GHG emissions intensity the most between 2017 and 2022.
What are Trane Technologies' sustainability commitments?
Trane Technologies has set ambitious sustainability commitments and science-based emission reduction goals. The company aims to be net-zero carbon by 2050.
What is the Gigaton Challenge?
The Gigaton Challenge is an initiative by Trane Technologies to work with customers to reduce greenhouse gas emissions by 1 billion metric tons by 2030.
What did Trane Technologies announce in November 2021?
In November 2021, Trane Technologies announced the delivery of fully electric, zero direct emission Thermo King refrigeration solutions for every segment of the cold chain in the Europe, Middle East, and Africa region by 2023.
What was discussed at the GCCA European Cold Chain Conference?
At the GCCA European Cold Chain Conference, Trane Technologies called for quick action and greater collaboration to ensure widespread adoption of technologies that reduce carbon emissions and improve efficiency.
What was the focus of the roundtable at the European Parliament co-developed by Trane Technologies?
The roundtable at the European Parliament addressed the global impact of food loss and the technologies and solutions required to reduce loss and waste across the food chain, aligned with the EU's commitment to halve per capita global food loss and waste by 2030.
