Trane Technologies Sustainability Profile
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 100 is higher than 100% 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
In 2024, Trane Technologies reported total greenhouse gas emissions of approximately 204,962,000 kg CO2e for Scope 1, 116,834,000 kg CO2e for Scope 2, and a staggering 238,000,000,000 kg CO2e for Scope 3 emissions. This represents a significant portion of their overall carbon footprint, with Scope 3 emissions primarily arising from the use of sold products (234,000,000,000 kg CO2e) and purchased goods and services (4,000,000,000 kg CO2e). Trane Technologies has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050, in alignment with the United Nations Framework Convention on Climate Change Race to Zero campaign. They have also committed to reducing absolute Scope 1 and 2 GHG emissions by 50% below 2019 levels by 2030, with a near-term target of a 25% reduction by 2025 from a 2021 baseline. Additionally, they plan to reduce Scope 3 emissions by 55% per thermal ton below 2019 levels by 2030. The company has made strides in energy efficiency, achieving an 18% improvement in total energy intensity since 2019 and targeting a 10% absolute reduction in energy consumption by 2030. These initiatives reflect Trane Technologies' commitment to sustainability and their proactive approach to addressing climate change.
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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 | 00,000,000 | 00,000,000 | 00,000,000 |
| 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 |
How Carbon Intensive is Trane Technologies's Industry?
How Carbon Intensive is Trane Technologies's Location?
Trane Technologies's Scope 3 Categories Breakdown
Trane Technologies's Scope 3 emissions, which decreased by 12% last year and decreased by approximately 36% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Trane Technologies's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Trane Technologies has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
