Trane Technologies Named One of the World’s Most Sustainable Companies by TIME

A commitment to sustainability is central to all that Trane Technologies does.

Published:
July 15, 2024

Trane Technologies, a global climate innovator and parent company of Trane®, has been recognized in TIME’s inaugural rankings of the World’s Most Sustainable Companies. The list, published in collaboration with market research company Statista, celebrates companies that advance sustainable practices and promote corporate responsibility and social stewardship.

"It’s a tremendous honor to be included on TIME’s inaugural list of the World’s Most Sustainable Companies,” said Paul Camuti, executive vice president and chief technology and sustainability officer, Trane Technologies. “Sustainability is at the center of our strategy and is integrated into every aspect of our business. The urgent need for climate action is clear and so is our purpose to boldly challenge what’s possible for a sustainable world.”

Through industry-leading action and innovation, Trane Technologies is decarbonizing buildings, industry, and the cold chain and advancing its 2030 Sustainability Commitments, including the Gigaton Challenge, and its pledge to be net-zero by 2050. The company was also the first in its industry to have its near and long-term emissions reduction targets externally validated by the Science Based Targets Initiative (SBTi).

Broadly acknowledged for its industry-leading transparency, credibility, and accountability, Trane Technologies has received several additional recognitions for climate action. The company was one of over 350 companies to be recognized with an ‘A’ score for transparency on climate change by CDP – out of over 21,000 companies scored. It was also named to the S&P Dow Jones Sustainability World Index for the third consecutive year and the North America Index for the thirteenth consecutive year.

With its Opportunity for All commitment, Trane Technologies is taking action to uplift its culture and communities through an inclusive approach and focus on education and career development for everyone. Last year, the company achieved gender parity on its Board of Directors and donated $18.8 million to initiatives that support its corporate citizenship strategy, Sustainable Futures, which focuses on uplifting and supporting students from underrepresented communities throughout their educational journeys.

Learn more about Trane Technologies.