Trane Technologies PLC
Trane Technologies's Climate Target Data Preview
As of 2024, 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 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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a, b | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2050 |
Intensity-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted) | 0000000 | 2030 |
Intensity-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted) | Copy/Paste is a PRO feature.  a | 2050 |
Verified Sources Behind Trane Technologies’s Climate Targets Data
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Insights into Trane Technologies's Greenhouse Gas Emissions Pathways
As of 2024, 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.abc
Does Trane Technologies have a target to reduce the emissions from its operations?
As of 2024, Trane Technologies has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
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.ab
As of 2024, Trane Technologies is ahead of schedule on its operational emissions reduction target, having achieved 48.63% of the planned reduction.ab
Trane Technologies's Operational (Scope 1+2) Emissions Pathway
Does Trane Technologies have a target to reduce the emissions from its value chain?
As of 2024, 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.ac
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.ac
As of 2024, Trane Technologies is lagging behind on its value chain emissions reduction target, having achieved 30.91% of the planned reduction.ac