Trane Technologies
Trane Technologies plc, commonly known as Trane, is a global leader in climate control solutions, headquartered in Ireland. Founded in 1913, the company has established a strong presence in North America, Europe, and Asia, focusing on sustainable heating, ventilation, and air conditioning (HVAC) systems. Trane is renowned for its innovative products and services, including energy-efficient HVAC systems and advanced building management solutions. The company’s commitment to sustainability and reducing carbon footprints sets it apart in the industry. With a legacy of over a century, Trane Technologies has achieved significant milestones, including numerous awards for energy efficiency and environmental stewardship. As a key player in the HVAC market, Trane continues to drive advancements in climate technology, ensuring comfort and efficiency for customers worldwide.
DitchCarbon Score
How does Trane Technologies's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Trane Technologies's score of 94 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Trane Technologies's reported carbon emissions
As of 2024, Trane Technologies reported total greenhouse gas emissions of approximately 204,962,000 kg CO2e for Scope 1, 134,670,000 kg CO2e for Scope 2, and a significant 238,000,000,000 kg CO2e for Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 248,965,000 kg CO2e. In 2023, the company recorded similar figures, with Scope 1 emissions at approximately 205,645,000 kg CO2e, Scope 2 at 126,841,000 kg CO2e, and Scope 3 emissions reaching around 271,000,000,000 kg CO2e. Trane Technologies has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 levels as a baseline. Additionally, they are targeting a 55% reduction in Scope 3 emissions per thermal ton by 2030. The company is also committed to achieving net-zero emissions across all scopes by 2050, in alignment with the Science Based Targets Initiative (SBTi) guidelines. The company has made significant strides in energy efficiency, reporting an 18% improvement in total energy intensity since 2019, and aims for a 10% absolute reduction in energy consumption by 2030. Furthermore, Trane Technologies has pledged to achieve carbon neutrality in its operations by 2030, with a long-term goal of net-zero emissions by 2050. These commitments reflect Trane Technologies's dedication to sustainability and its proactive approach to addressing climate change, positioning the company as a leader in the industry.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 543,601,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 257,602,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Trane Technologies is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
