Trane Technologies

Trane Technologies, headquartered in Ireland and operating in the Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing sector, has established comprehensive climate commitments.

Emissions Overview:

For the year 2025, Trane Technologies reported a total of approximately 232.3 billion kg CO2e across Scopes 1, 2, and 3. This figure is composed of:

• Scope 1: Approximately 157.3 million kg CO2e.
• Scope 2 (market-based): Approximately 25.2 million kg CO2e.
• Scope 3: Approximately 211 billion kg CO2e, with the largest portion stemming from the use of sold products (approximately 207 billion kg CO2e) and purchased goods and services (approximately 4 billion kg CO2e).

In 2024, the company reported total emissions of approximately 262.6 billion kg CO2e. This included:

• Scope 1: Approximately 205.9 million kg CO2e.
• Scope 2 (market-based): Approximately 44.3 million kg CO2e.
• Scope 3: Approximately 238 billion kg CO2e, predominantly from the use of sold products (approximately 234 billion kg CO2e) and purchased goods and services (approximately 4 billion kg CO2e).

Previously, in 2023, Trane Technologies' total emissions were approximately 296.9 billion kg CO2e, with Scope 1 at approximately 205.9 million kg CO2e, Scope 2 (market-based) at approximately 41.1 million kg CO2e, and Scope 3 at approximately 271 billion kg CO2e.

Climate Commitments and Targets:

Trane Technologies is committed to achieving net-zero greenhouse gas (GHG) emissions across its value chain by 2050. This long-term goal is in alignment with the United Nations Framework Convention on Climate Change Race to Zero campaign.

Furthermore, the company has set near-term targets:

• A commitment to reduce absolute Scope 1 and 2 GHG emissions by 50% below 2019 levels by 2030.
• A target to reduce Scope 3 GHG emissions by 55% per cooling ton from the use of sold products by 2030, also using a 2019 baseline.
• Additionally, Trane Technologies aims for carbon neutrality across its own operations by 2030.
• The company also plans to achieve a 10% absolute energy reduction by 2030.

These targets have been submitted to and approved by the Science Based Targets initiative (SBTi) for Scope 1, 2, and 3 emissions. Trane Technologies has also committed to a 90% absolute reduction in Scope 1 and 2 emissions by 2050 and a 97% reduction in Scope 3 emissions (per cooling ton from use of sold products) by 2050, both from a 2019 baseline.