Trane Technologies PLC

Common Name
Trane Technologies
Country
Ireland
Sector
Industrials
Industry
Building Products & Equipment
Employees
45,000
Ticker
TT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Trane Technologies plc is a global industrial company focused on sustainability and innovation in climate solutions. Primarily known for its HVAC (heating, ventilation, and air conditioning) systems, ...

Trane Technologies's Climate Target Data Preview

As of 2023, Trane Technologies has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Trane Technologies ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted)
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2030
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted)
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2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Trane Technologies's Greenhouse Gas Emissions Pathways

As of 2023, Trane Technologies has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Trane Technologies have a target to reduce the emissions from its operations?

As of 2023, Trane Technologies has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Trane Technologies's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 442,740 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Trane Technologies is ahead of schedule on its operational emissions reduction target, having achieved 48.89% of the planned reduction.

Trane Technologies's Operational (Scope 1+2) Emissions Pathway

20192023203020500150 k300 k450 k600 kBaselineCurrent (-44%)Target 2050 (-90%)

Does Trane Technologies have a target to reduce the emissions from its value chain?

As of 2023, Trane Technologies has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Trane Technologies's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 365,000,000 Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted) in 2019.

As of 2023, Trane Technologies is lagging behind on its value chain emissions reduction target, having achieved 27.64% of the planned reduction.

Trane Technologies's Value Chain (Scope 3) Emissions Pathway

201920232030095 M190 M285 M380 MBaselineCurrent (-15%)Target 2030 (-55%)
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