Trane Technologies Recognized as One of the World’s Most Sustainable Companies by TIME

Trane Technologies, the global climate innovator and parent company of Trane®, has earned a place on TIME’s inaugural list of the World’s Most Sustainable Companies. This recognition highlights the company’s unwavering commitment to advancing sustainable practices, corporate responsibility, and social stewardship. The list, developed in collaboration with Statista, celebrates organizations that prioritize sustainability while fostering positive environmental and social impacts.

A Leader in Climate Action

“It’s a tremendous honor to be included on TIME’s inaugural list of the World’s Most Sustainable Companies,” said Paul Camuti, Executive Vice President and Chief Technology and Sustainability Officer at Trane Technologies. “Sustainability is at the center of our strategy and is integrated into every aspect of our business. The urgent need for climate action is clear, and so is our purpose to boldly challenge what’s possible for a sustainable world.”

Through innovative solutions and industry-leading initiatives, Trane Technologies is tackling some of the most pressing climate challenges. The company is focused on decarbonizing buildings, industries, and the cold chain, while advancing its ambitious 2030 Sustainability Commitments, including the groundbreaking Gigaton Challenge and a pledge to achieve net-zero emissions by 2050.

Verified Climate Commitments

Trane Technologies is the first in its industry to have both near- and long-term emissions reduction targets validated by the Science Based Targets Initiative (SBTi). This external validation underscores the company’s credibility and dedication to meaningful climate action.

Recognized Excellence in Sustainability

Trane Technologies’ leadership in sustainability has earned widespread acclaim. Recent recognitions include:

• An ‘A’ score from CDP for transparency on climate change, a distinction given to fewer than 2% of over 21,000 companies scored.

• Inclusion on the S&P Dow Jones Sustainability World Index for the third consecutive year and the North America Index for the 13th consecutive year.

These accolades reflect the company’s commitment to transparency, accountability, and continuous progress in addressing climate challenges.

Supporting Communities Through Opportunity for All

Trane Technologies pairs its environmental initiatives with a strong focus on fostering inclusion and supporting underrepresented communities. Through its Opportunity for All commitment, the company emphasizes education, career development, and community empowerment.

Key milestones include:

• Achieving gender parity on its Board of Directors.

• Donating $18.8 million in 2023 to support initiatives aligned with its corporate citizenship strategy, Sustainable Futures, which uplifts students from underrepresented communities throughout their educational journeys.

A Bold Vision for a Sustainable Future

Trane Technologies continues to lead the charge in sustainability through innovation, collaboration, and action. Its recognition by TIME is a testament to its dedication to creating a world that is not only sustainable but also inclusive and equitable for all.

Learn more about Trane Technologies and its sustainability journey here.