{"id":752203,"date":"2023-04-27T12:13:06","date_gmt":"2023-04-27T16:13:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-named-to-financial-times-2023-europes-climate-leaders-list\/"},"modified":"2023-04-27T12:13:06","modified_gmt":"2023-04-27T16:13:06","slug":"trane-technologies-named-to-financial-times-2023-europes-climate-leaders-list","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-named-to-financial-times-2023-europes-climate-leaders-list\/","title":{"rendered":"Trane Technologies Named to Financial Times 2023 Europe\u2019s Climate Leaders List"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Trane Technologies Named to Financial Times 2023 Europe\u2019s Climate Leaders List<\/b><\/p>\n<p>SWORDS, Ireland&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTrane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times 2023 Europe\u2019s Climate Leaders list for the third consecutive year.<\/p>\n<p>\nThe prestigious list, compiled by the Financial Times and market research company Statista, recognizes European businesses that have made the most progress in reducing greenhouse gas emissions intensity in their own operations, referred to as Scope 1 and 2 emissions. This year\u2019s list draws on other metrics for the first time, including Scope 3 emissions, which occur elsewhere in the value chain, and businesses\u2019 transparency on reporting these emissions. Statista reviewed publicly available data on approximately 2,000 European companies.<\/p>\n<p>\n\u201cAs a climate innovator, we take action every day to deliver on our bold commitments, reducing both our own, and our customers\u2019 carbon footprints across the globe,\u201d said Dave Regnery, chair and CEO, Trane Technologies. \u201cThis recognition further validates the leadership role we play in decarbonizing homes, buildings and the cold chain.\u201d<\/p>\n<p>\nLast December, the company transitioned away from fossil fuel-based heating in its Trane\u00ae Commercial manufacturing facility in Charmes, France with the installation of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftrane.eu%2Fuk%2Fabout-trane%2Fpress-release-details.html%3FId%3D21&amp;esheet=53389047&amp;newsitemid=20230427005776&amp;lan=en-US&amp;anchor=an+electrified+Thermal+Management+System&amp;index=1&amp;md5=077fbc803c75903534484995212dd8bf\">an electrified Thermal Management System<\/a> that leverages innovative heat pump technologies to provide all-electric heating to the entire site and simultaneous heating and cooling when required. The system is expected to reduce 1,800 metric tons of carbon emissions annually.<\/p>\n<p>\n\u201cWe\u2019re helping our customers understand that the technology exists today to reduce or even eliminate fossil fuels for heating,\u201d said Regnery. \u201cThe electrification of heating made possible with our innovative Thermal Management systems is a better alternative that can dramatically decarbonize the built environment, while also providing significant energy savings.\u201d<\/p>\n<p>\nTrane Technologies is also focused on reducing waste sent to landfills throughout the organization. As of year-end 2022, all European manufacturing facilities achieved zero waste to landfills in alignment with Zero Waste International Alliance\u2019s definitions. The Charmes facility has achieved zero waste to landfill for the past six consecutive years.<\/p>\n<p>\nTrane Technologies\u2019 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tranetechnologies.com%2Fen%2Findex%2Fsustainability%2Four-2030-commitments.html&amp;esheet=53389047&amp;newsitemid=20230427005776&amp;lan=en-US&amp;anchor=2030+Sustainability+Commitments&amp;index=2&amp;md5=1013e55228d4f5bd01aeec9955b28845\">2030 Sustainability Commitments<\/a> include its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tranetechnologies.com%2Fen%2Findex%2Fsustainability%2Fgigaton-challenge.html&amp;esheet=53389047&amp;newsitemid=20230427005776&amp;lan=en-US&amp;anchor=Gigaton+Challenge&amp;index=3&amp;md5=f7d10ee6ffd01e80cd884966f1ec237a\">Gigaton Challenge<\/a>, the largest climate commitment related to product emission reductions within a single decade of any company globally, which pledges to reduce one gigaton (one billion metric tons of carbon) from its customers\u2019 carbon footprints \u2013 equivalent to the annual emissions of Italy, France and the U.K. combined. Trane Technologies is the first company in its industry and among the first across all sectors to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.tranetechnologies.com%2Fnews-and-events%2Fnews-releases%2Fnews-release-details%2F2022%2FTrane-Technologies-Becomes-One-of-the-Worlds-First-Net-Zero-Approved-Companies-with-Latest-Validation-by-the-Science-Based-Targets-Initiative%2Fdefault.aspx&amp;esheet=53389047&amp;newsitemid=20230427005776&amp;lan=en-US&amp;anchor=receive+validation+from+the+Science+Based+Targets+Initiative+%28SBTi%29&amp;index=4&amp;md5=b18e7a32b2b1e4e1f9b4ff5c2ed25e05\">receive validation from the Science Based Targets Initiative (SBTi)<\/a> for its near-term 2030 emissions reduction targets and its long-term 2050 net-zero target.<\/p>\n<p><b>About Trane Technologies<\/b><\/p>\n<p>\nTrane Technologies is a global climate innovator. Through our strategic brands Trane\u00ae and Thermo King\u00ae, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tranetechnologies.com%2Fen%2Findex.html&amp;esheet=53389047&amp;newsitemid=20230427005776&amp;lan=en-US&amp;anchor=tranetechnologies.com&amp;index=5&amp;md5=0284500f37cee477f1f34139b02d01fd\">tranetechnologies.com<\/a>.<\/p>\n<p>\nThis news release includes \u201cforward-looking statements\u201d within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our innovations to reduce greenhouse gas emissions and landfill waste, 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.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230427005776r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230427005776\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230427005776\/en\/<\/a><\/span><\/p>\n<p><b>Media:<br \/>\n<\/b><br \/>Alys Daly Peters<br \/>\n<br \/>+1-305-815-0312<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Alys.DalyPeters@tranetechnologies.com\">Alys.DalyPeters@tranetechnologies.com<\/a><\/p>\n<p><b>Investors:<br \/>\n<\/b><br \/>Zachary Nagle<br \/>\n<br \/>+1-704-990-3913<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@tranetechnologies.com\">InvestorRelations@tranetechnologies.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North Carolina Ireland United States United Kingdom France North America Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environmental Health Professional Services Other Construction &amp; Property Residential Building &amp; Real Estate Other Energy Commercial Building &amp; Real Estate Other Manufacturing HVAC Construction &amp; Property Climate Change Energy Green Technology Manufacturing Sustainability Building Systems Environmental, Social and Governance (ESG) Environment<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230427005776\/en\/790547\/3\/tt_logo_color_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Trane Technologies Named to Financial Times 2023 Europe\u2019s Climate Leaders List SWORDS, Ireland&#8211;(BUSINESS WIRE)&#8211; Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times 2023 Europe\u2019s Climate Leaders list for the third consecutive year. The prestigious list, compiled by the Financial Times and market research company Statista, recognizes European businesses that have made the most progress in reducing greenhouse gas emissions intensity in their own operations, referred to as Scope 1 and 2 emissions. This year\u2019s list draws on other metrics for the first time, including Scope 3 emissions, which occur elsewhere in the value chain, and businesses\u2019 transparency on reporting these emissions. Statista reviewed publicly available data on approximately 2,000 European companies. \u201cAs a climate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-named-to-financial-times-2023-europes-climate-leaders-list\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Trane Technologies Named to Financial Times 2023 Europe\u2019s Climate Leaders List&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-752203","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trane Technologies Named to Financial Times 2023 Europe\u2019s Climate Leaders List - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-named-to-financial-times-2023-europes-climate-leaders-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trane Technologies Named to Financial Times 2023 Europe\u2019s Climate Leaders List - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Trane Technologies Named to Financial Times 2023 Europe\u2019s Climate Leaders List SWORDS, Ireland&#8211;(BUSINESS WIRE)&#8211; Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times 2023 Europe\u2019s Climate Leaders list for the third consecutive year. The prestigious list, compiled by the Financial Times and market research company Statista, recognizes European businesses that have made the most progress in reducing greenhouse gas emissions intensity in their own operations, referred to as Scope 1 and 2 emissions. This year\u2019s list draws on other metrics for the first time, including Scope 3 emissions, which occur elsewhere in the value chain, and businesses\u2019 transparency on reporting these emissions. 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The prestigious list, compiled by the Financial Times and market research company Statista, recognizes European businesses that have made the most progress in reducing greenhouse gas emissions intensity in their own operations, referred to as Scope 1 and 2 emissions. This year\u2019s list draws on other metrics for the first time, including Scope 3 emissions, which occur elsewhere in the value chain, and businesses\u2019 transparency on reporting these emissions. 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