Trane Technologies Statement on Supreme Court Ruling in West Virginia v. Environmental Protection Agency (EPA)

Rhea-AI Summary

Trane Technologies' CEO, Dave Regnery, highlighted the importance of bipartisan efforts for effective climate legislation following the recent Supreme Court ruling on climate in West Virginia v. EPA. He emphasized the urgency of addressing climate change and the need for collaboration among industry, government, NGOs, and citizens to scale and adopt existing climate solutions. Trane Technologies aims to shape sound climate policies in partnership with lawmakers and the White House, reinforcing its commitment to sustainable innovations through its strategic brands and products.

Positive

• Trane Technologies emphasizes the urgency and necessity for bipartisan climate legislation.
• The company expresses commitment to collaborating with government bodies and NGOs for effective climate policies.
• Trane Technologies aims to utilize existing technology to combat climate change, indicating a proactive approach.

Negative

• None.

SWORDS, Ireland--(BUSINESS WIRE)-- Dave Regnery, chair and CEO of Trane Technologies (NYSE: TT), a global climate innovator, issued the following statement regarding the 6-3 ruling from the Supreme Court of the United States in the environmental enforcement case West Virginia v. EPA.

“The urgency to solve for climate change grows greater every day, and Trane Technologies has made it our purpose to boldly challenge what’s possible for a sustainable world. With the recent Supreme Court ruling on climate, there is an even greater imperative for Congress to work in a bipartisan way to bring effective climate legislation forward. The technology to solve climate change already exists today – we now need to scale it up and accelerate adoption. It will take industry, government, NGOs and citizens working together to protect our planet. We will continue to work closely with the White House and with lawmakers to help shape sound climate policy and legislation to build a sustainable future for generations to come.”

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. For more on Trane Technologies, visit tranetechnologies.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220705005296/en/

Media Contact:

Jennifer Regina

+1-704-712-5721

Jennifer.regina@tranetechnologies.com

Investors Contact:

Zachary Nagle

+1-704-990-3913

zachary.nagle@tranetechnologies.com

Source: Trane Technologies

FAQ

What recent ruling did Trane Technologies comment on regarding climate change?

Trane Technologies commented on the Supreme Court's 6-3 ruling in the West Virginia v. EPA case.

What is Trane Technologies' position on climate legislation following the Supreme Court ruling?

Trane Technologies urges Congress to work in a bipartisan manner to advance effective climate legislation.

How does Trane Technologies plan to address climate change?

Trane Technologies plans to collaborate with the White House, Congress, and NGOs to promote and implement sustainable climate solutions.

Who is the CEO of Trane Technologies?

The CEO of Trane Technologies is Dave Regnery.

What are Trane Technologies' strategic brands mentioned in the press release?

Trane Technologies' strategic brands include Trane® and Thermo King®.