SWORDS, Ireland--(BUSINESS WIRE)--
Trane Technologies (NYSE:TT), a global climate innovator, will underscore the critical need for adoption of new and existing solutions at scale, accelerated climate policy and transparent emissions reporting during COP28 in Dubai, November 30 – December 12. As the window for limiting global warming to 1.5°C continues to narrow, Trane Technologies steadfastly encourages bolder accountability in line with the United Nations Sustainable Development Goals – including Gender Equality (SDG5), Affordable Clean Energy (SDG7) and Climate Action (SDG13).
“Accelerating decarbonization requires not only innovation, but also advocating for policies that remove barriers and support adoption at scale,” said Scott Tew, vice president of Sustainability, Trane Technologies. “Companies around the world, across all sectors, must be held accountable for meeting commitments and driving urgent action now as we collectively work toward a more sustainable future.”
Trane Technologies is a proud member of the World Economic Forum’s and a signatory of , calling for an increase in public-private collaboration and action to reduce emissions across global value chains. Trane Technologies leaders will join several climate action dialogues throughout COP28, including:
- Raising Ambition and Leveraging Opportunity – Financing and Innovating Industry Decarbonization: Jose La Loggia, president, Commercial HVAC EMEA, Trane Technologies (Dec. 4, 5:25pm GMT, )
- Accelerating Climate Innovation for a More Sustainable World: Adnan Javed, general manager, Middle East & Africa, Commercial HVAC EMEA, Trane Technologies (Dec. 5, 3:20pm GMT, )
- Disrupting Climate Trends Through Next-Generation Leadership – Advancing Innovation, Policy and the Workforce to Meet Ambitious Goals for a More Sustainable Future: Helen Walter-Terrinoni, director of global policy, Trane Technologies (Dec. 6, 9:00am GMT, )
- Reducing the Emissions of Cities through Better Building Management and Clean Transport: Scott Tew, vice president of Sustainability, Trane Technologies (Dec. 6, 2:00pm GMT, )
The company recently announced it has delivered on key commitments – shipping more than one million HVAC units with low-carbon steel to homeowners and commercial customers across the U.S – in addition .
“The technology exists today that can dramatically reduce emissions for both our own and our customers’ environmental footprints,” said Jose La Loggia, president, Commercial HVAC EMEA, Trane Technologies. “Innovative thermal management systems, renewable energy sources and the electrification of heating are becoming game-changing solutions for the built environment – enabling energy security while improving efficiency.”
Broadly acknowledged for its industry-leading transparency, credibility and accountability, Trane Technologies has recently received several notable recognitions for climate action. The company was one of only four to earn a grade of A in , which evaluates greenhouse gas (GHG) emission disclosures, GHG target setting and GHG reductions. Trane Technologies was also one of only five North American companies recognized by InfluenceMap as a , after meeting its criteria for positive and active climate policy engagement aligned with science-based pathways for delivering on the goals of the Paris Agreement.
Through bold, industry-leading action, Trane Technologies is advancing its , including the – a pledge to reduce customer greenhouse gas emissions by 1 billion metric tons (or, one gigaton) – and its pledge to be net-zero by 2050. In 2014, the company set its first science-based 2020 Climate Commitments – accelerating innovation to achieve them two years ahead of schedule. The company is first in its industry with near and long-term emissions reduction targets .
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. For more on Trane Technologies, visit .
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 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.
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