In 2024, Trane Technologies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Trane Technologies has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, the total operational greenhouse gas (GHG) emissions of Trane Technologies amounted to 321,796 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Trane Technologies increased by 1.29%, suggesting that the company faced challenges in reducing its emissions from its core operations.
In 2024, the total Scope 1 emissions of Trane Technologies were 204,962 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2019, Trane Technologies's Scope 1 emissions have decreased by 35.8%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), Trane Technologies's Scope 1 emissions remained relatively stable, indicating that Trane Technologies's emissions have plateaued with no significant change in its operational footprint.
In 2024, Trane Technologies reported Scope 2 greenhouse gas (GHG) emissions of 134,670 tCOâ‚‚e using the market-based method, and 116,834 tCOâ‚‚e using the location-based method.
Since 2019, Trane Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 26.47%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), Trane Technologies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Trane Technologies 's emissions have plateaued with no significant change in its energy consumption footprint.
In 2024, Trane Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2024, Trane Technologies reported 238,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Trane Technologies includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.
In 2024, Trane Technologies reported total Scope 3 emissions of 238,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 1.68% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.32% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2019, Trane Technologies's Scope 3 emissions have decreased by 35.5%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2023), Trane Technologies's Scope 3 emissions decreased by 12.18%, highlighting the company's efforts to lower indirect emissions from its value chain.
In 2024, Trane Technologies reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Trane Technologies's Scope 3 emissions were:
In 2024, Trane Technologies reported a total carbon footprint of 238,321,796 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.16% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Trane Technologies's total carbon footprint was Scope 3 emissions, accounting for 99.86% of the company's total carbon footprint, followed by Scope 1 emissions at 0.09%.