TT Trane Technologies plc

Trane Technologies Delivers All-Electric, Zero Direct Emission Thermo King® Solutions in Every Segment of the Cold Chain in EMEA

Trane Technologies (NYSE: TT), a global climate innovator, today announced at Solutrans 2023 that it has fulfilled to deliver fully electric, zero direct emission Thermo King® refrigeration solutions for every segment of the cold chain in the Europe, Middle East and Africa (EMEA) region by 2023.

The company is continuing to lead by example in its electrification and decarbonization of the cold chain – helping customers transition to more sustainable fleet solutions while reducing their carbon footprints. Investing more than , including electric refrigeration solutions for truck, trailer, rail, air and marine transport.

“As we continue leveraging the power of innovation to transform our industry, I am thrilled to announce this significant milestone in our journey toward a more sustainable world,” said Dwayne Cowan, president, Thermo King EMEA, Trane Technologies. “Our ability to deliver an all-electric, zero direct emissions solution in every segment of the EMEA cold chain represents another important step in our unwavering commitment to cutting our customers’ carbon footprints while reducing global food loss.”

From November 21 to 25, Solutrans 2023 visitors will have the opportunity to :

  • Sophisticated solutions in the industry-leading Advancer trailer refrigeration portfolio, including a fully-electric, emission-free system with AxlePower smart energy generating technology.
  • A new, all-electric E-series refrigeration unit for light commercial vehicles – the most energy-efficient transport refrigeration unit on the market today – enabling customers to transition from a diesel-powered to zero-emission solution.
  • Advanced, fully-electric transport refrigeration unit cooling technology for heavy goods vehicles, helping accelerate the next generation of last mile delivery operations.

Continuing to lead by example in the sustainable transport of food and critical pharmaceuticals around the world, the company will also leverage innovative and digitally enabled electrification technologies to offer all-electric solutions for every cold chain segment in the Americas by 2025. With emissions reductions targets externally , Trane Technologies is advancing its , including its to reduce customer emissions by a billion metric tons, and its pledge to reach net-zero carbon emissions by 2050.

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at .

About Thermo King

Thermo King is the leader in sustainable transport climate control solutions. We provide cutting-edge technology and solutions with sustainability and the customer experience in mind. Fresh thinking, passion, and problem-solving are core to our culture and approach, ensuring our customers deliver what matters most to communities everywhere.

Forward Looking Statements

This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our electrification and decarbonization innovations, and our other sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2022, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

EN
21/11/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Trane Technologies plc

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Expecting a Test of All-Time Highs The market remains relentlessly strong, shrugging off the latest "bearish" headline regarding Moody's U.S. debt downgrade on Friday. This is exactly what we would expect to happen in a bull market, particularly during this "lockout rally," and helps confirm our bullish outlook. To recap, we have been short-term bullish since our 4/22/25 Compass -- when the SPX was testing 5100-5120 support -- but we upgraded our intermediate-term outlook to bullish as well, as...

 PRESS RELEASE

Ethisphere Recognizes Trane Technologies as One of the World’s Most Et...

SWORDS, Ireland--(BUSINESS WIRE)-- Trane Technologies (NYSE:TT), a global climate innovator, has been named to list for the second consecutive year. The annual assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide over 240 different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain. "At Trane Technologies, we uphold the highest legal, moral, and ethical standards for our team members and business partners, a...

 PRESS RELEASE

Trane Technologies to Present at the J.P. Morgan Industrials Conferenc...

SWORDS, Ireland--(BUSINESS WIRE)-- Trane Technologies plc (NYSE: TT), a global climate innovator, today announced that company leadership will participate in a fireside chat at the J.P. Morgan Industrials Conference. They will speak at 10:30 a.m. EST on Tuesday, March 11, 2025. The live webcast will be accessible on the Trane Technologies website at under the investor relations section. An archive of the webcast will be available for 30 days following the event. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

 PRESS RELEASE

Trane Technologies to Present at the Barclays Industrial Select Confer...

SWORDS, Ireland--(BUSINESS WIRE)-- Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Barclays Industrial Select Conference. They will speak at 9:50 a.m. EST on Wednesday, February 19, 2025. The live webcast will be accessible on the Trane Technologies website at under the investor relations section. An archive of the webcast will be available for 30 days following the event. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Therm...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch