Trane Technologies plans to cut its product carbon emissions by nearly 50 per cent by 2030. The company’s emissions reduction targets have been validated by the Science Based Targets Initiative (SBTi). The targets support Trane Technologies’ 2030 Sustainability Commitments, including its Gigaton Challenge to reduce customer emissions by one billion metric tons. It also supports the Paris Agreement goal to limit global warming to 1.5 degrees Celsius, which will require net-zero global carbon emissions by 2050.
In 2014, the company set ambitious greenhouse gas (GHG) reduction targets as well, which were also verified by SBTi. It met all its 2020 sustainability commitments two years early, including reducing the refrigerant-related GHG footprint of its products by 53 per cent, reducing the GHG footprint of its operations by 45 per cent and investing more than $500 million in product-related research and development to fund long-term GHG reductions.
