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, 15,579,000 kg CO2e for Scope 2, and a staggering 238,000,000,000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. Notably, the company has set ambitious targets to reduce its carbon footprint, aiming for a 50% reduction in absolute Scope 1 and 2 emissions by 2030, based on 2019 levels. Additionally, they are committed to achieving net-zero emissions across their entire value chain by 2050, in alignment with the Science Based Targets Initiative (SBTi). In 2023, Trane Technologies reported similar emissions figures, with Scope 1 emissions at approximately 205,645,000 kg CO2e, Scope 2 at 13,023,000 kg CO2e, and Scope 3 emissions reaching about 271,000,000,000 kg CO2e. The company has also pledged to reduce Scope 3 emissions by 55% per thermal ton below 2019 levels by 2030. Trane Technologies is headquartered in Ireland (IE) and has made significant strides in its sustainability initiatives, including a commitment to carbon neutrality in operations by 2030. Their long-term strategy includes a 90% reduction in Scope 1 and 2 emissions by 2050, further demonstrating their dedication to combating 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 | 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 |
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.
