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 Energy Data Preview

In 2023, Trane Technologies disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Trane Technologies also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Trane Technologies also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Trane Technologies also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Trane Technologies's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Energy Sold
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, Trane Technologies consumed a total of 3.03 million Gigajoules of energy across its operations. Of this total, 25.56% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 74.44% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Trane Technologies's Energy Renewability Rate

26%

How much of Trane Technologies's energy consumed is renewable?

In 2023, Trane Technologies consumed a total of 3.03 million Gigajoules of energy, of which 25.56% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that Trane Technologies is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Trane Technologies's energy practices becoming more sustainable?

Since 2019, Trane Technologies's total energy consumption decreased by 3.96%, including a further 4.68% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in Trane Technologies's consumption increased by 230.72%, including a 24.32% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Trane Technologies has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Trane Technologies's Renewable vs Non-renewable Energy Over Time

3.21 M1.21 M794.6 k3.21 MGigajoules (GJ)2019202020212022202316%19%21%26%92%84%81%79%74%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Trane Technologies's Energy Consumption & Production Mix

In 2023, Trane Technologies disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Trane Technologies's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Trane Technologies's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(36.2%)Gasoline (Petrol)(29.3%)Natural Gas(24.3%)

What are the main sources and generation technologies behind Trane Technologies's energy consumption?

In 2023, Trane Technologies's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (36.17%)
  • Gasoline (Petrol) (29.34%)
  • Natural Gas (24.33%)

How diverse is Trane Technologies’s energy consumption mix?

In 2023, Trane Technologies consumed energy from 10 different sources or generation technologies, indicating a well-diversified energy mix without excessive reliance on a single input.

What are the main sources or generation technologies used by Trane Technologies to produce energy?

In 2023, Trane Technologies's energy production came primarily from

  • Solar Energy (100%)

How diverse is Trane Technologies’s energy production mix?

In 2023, Trane Technologies produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.

Trane Technologies's Energy Produced by Sources and Technologies

Solar Energy(100.0%)

Insights into Trane Technologies's Energy Inflows & Self-Sufficiency

In 2023, Trane Technologies reported total energy inflows of 1.11 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.1 million Gigajoules purchased from external suppliers and 15,000 Gigajoules generated through internal production. This corresponds to a production share of 1.35%, reflecting a 12.73% percentage point increase from the previous year (2022) and a 51.77% percentage point increase since 2019.

Trane Technologies's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

Trane Technologies's Energy Purchased vs Produced Over Time

201920202021202220230350 k700 k1.05 M1.4 MGigajoules (GJ)99%99%99%99%99%
  • Total Energy Produced
  • Total Energy Purchased
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