Trane Technologies plc.
TT.US | Manufacture of other general-purpose machinery
Trane Technologies plc is a global climate innovator. The company designs, manufactures, sells, and services a broad portfolio of climate control systems. Its offerings include heating, ventilation, and air conditioning (HVAC) systems, as well as transport refrigeration solutions. These products and...Show More
Better Health for All
20
Trane Technologies' core products deliver significant health benefits by creating safer, healthier indoor environments. The Trane CleanEffects® Whole Home Air Cleaner removes up to 99.98% of allergens.
1
and an air purification system for public buses is 98% effective in deactivating certain viruses.
2
The Center for Healthy and Efficient Spaces (CHES) focuses on reducing pathogens, mold, gases, and other contaminants.
3
The company demonstrates industry-leading risk transparency through comprehensive public reporting, including Sustainability Reports, Annual Reports, Climate Transition Plan, and CDP Climate and Water Reporting.
4
Operations generate substantial positive health externalities, with a 237 million metric tons reduction in customers’ carbon footprints since 2019
5
and a 44% reduction in operational GHG emissions since 2019.
6
The company shows a revolutionary prevention focus, as its entire health-related business is dedicated to preventative measures like improving indoor air quality, eliminating mold and dust mites, and detecting pollutants. During public health emergencies, Trane Technologies made significant contributions by introducing a virus-deactivating air purification system for public transportation.
7
The company supports mental health through its products' impact on indoor environmental factors and by supporting the WELL Building Standard, alongside comprehensive employee well-being programs including mental health training.
8
Fair Money & Economic Opportunity
0
No evidence available to assess Trane Technologies plc on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
-10
The company's 2024 Total Recordable Incident Rate (TRIR) was 0.70 per 200,000 hours worked.
1
The company-wide voluntary retention rate was 92%, indicating an 8% voluntary employee turnover rate.
2
The 2024 overall employee engagement score was 82 out of 100.
3
However, the company had five substantiated workplace safety or health violations in the past three years (2023-2025).
4
In France (2024 reporting), the median remuneration gap was 37% for Société Trane SAS
5
and 36% for Trane France SAS, meaning women earned 63% and 64% respectively of men's median hourly pay.
6
Additionally, 16% of the global workforce is covered by collective bargaining agreements.
7
Fair Trade & Ethical Sourcing
0
No specific, quantifiable data points were found in the provided articles to assess Trane Technologies plc against the defined KPIs for Fair Trade & Ethical Sourcing. While the company was recognized by Ethisphere in 2024 for its dedication to ethical business practices, including supply chain transparency and fair labor standards
1
, and states it prohibits forced labor
2
and conducts supplier audits
3
, the articles do not provide percentages for fair-trade certified spend, audit frequencies, number of forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage, share of high-risk materials, or the percentage of the total procurement budget directed to diverse suppliers.
Honest & Fair Business
-10
Trane Technologies incurred a $660,800 fine in 2023 for an air pollution violation.
1
The company received an overall anti-corruption score of 61.67% from Transparency International Ireland in 2021.
2
Its whistleblower policy includes a "Speak Up!" culture with multiple reporting channels, explicit non-retaliation for employees and third parties, and 100% annual Code of Conduct training for salaried employees.
3
However, the policy's effectiveness is not publicly measured, and a "good faith" reporting requirement may limit protection.
4
Trane Technologies maintains a comprehensive Global Anti-Bribery and Corruption Policy, which prohibits bribes and facilitating payments, requires vetting of business partners, and is overseen by the Board of Directors.
5
This policy includes risk-based training, adherence by third parties, and annual corruption risk assessments.
6
Kind to Animals
0
The provided articles for Trane Technologies, a company operating in the HVAC and transport refrigeration industry, do not contain specific, quantifiable data relevant to the 'Kind to Animals' ethical value. There is no evidence regarding cruelty-free certifications for products, use of alternative testing methods, humane certifications for operations, or the sourcing of animal products like eggs, meat, or dairy. Similarly, information on animal testing policies or volumes, investment in animal-free technologies, animal agriculture ethics, or animal-free R&D collaborations is absent. While the company reports on general sustainability efforts, such as water reduction benefiting local wildlife
1
and supplier screening for environmental criteria, these do not directly address the specific animal welfare metrics outlined in the rubric. Public policy engagement is focused on climate and environmental regulations, not animal welfare.
2
No War, No Weapons
-20
The company has a conflict minerals policy and conducts due diligence using the OECD framework and the Responsible Minerals Initiative (RMI) Conflict Minerals Reporting Template.
1
For the fiscal year ended December 31, 2024, 226 out of 363 identified smelters and refiners (approximately 62%) were validated as audited and conformant with the RMI's Responsible Minerals Assurance Process (RMAP) or an equivalent program.
2
However, the company stated it was unable to determine that all conflict minerals in its products do not originate from covered countries, citing issues such as company-wide supplier responses, some suppliers identifying non-RMAP smelters, some failing to identify any smelter, and an inability to obtain responses from all suppliers or receiving incomplete data.
3
Planet-Friendly Business
-30
Trane Technologies has SBTi-approved near-term targets for Scope 1, 2, and 3 emissions reduction through 2030, and a long-term net-zero target by 2050
1
. The company reduced operational GHG emissions by 44% from a 2019 baseline
2
and achieved a 17% reduction in Scope 3 product use emissions per thermal ton from 2019
3
. In 2024, 68% of electricity consumption came from renewable sources
4
. Approximately 46% of key commodities used in manufacturing contained recycled content in 2024
5
. In 2024, 80% of global sites operated as zero waste to landfill, defined as having a 90%+ diversion rate
6
. 15% of total water use in 2024 was at sites in water-stressed areas
7
. The company's report aligns with the Task Force on Climate-related Financial Disclosures (TCFD)
8
. Trane Technologies supports a just transition through programs like an engineering electrification graduate certificate, upskilling for Data Science and Cybersecurity employees, a Trane Technician Apprenticeship Program, and an Electrification Readiness Program
9
.
Respect for Cultures & Communities
50
No cultural appropriation incidents have been reported.
1
The company provides a global Ethics Helpline, available in over 150 languages by telephone and 75 languages by webform, which serves as a formal grievance mechanism for community concerns and demonstrates world-leading language inclusivity in communications.
2
Trane Technologies actively supports conservation efforts, including in the Sierra Picachos Mountains in Monterrey, México, and through a partnership with the Davidson Lands Conservancy in North Carolina to preserve natural areas like Beaty Park.
3
No incidents disrupting cultural or heritage sites have been reported.
4
Safe & Smart Tech
10
Trane Technologies has established an AI Lab in Montreal with a pillar dedicated to ethical considerations and guardrails for AI use
1
, developing solutions with responsible AI principles
2
. The company holds numerous privacy and security certifications, including SOC 2 Type 2
3
, BTL
4
, TX-RAMP
5
, ISA/IEC 62443-4-1 SDLA
6
, and CMMC Level 2
7
for its products and cloud offerings, and adheres to Safe Harbor Principles
8
. Salaried employees participate in an annual Code of Conduct training program with a 100% response rate target
9
, and individuals with access to personal information receive training
10
. The company provides users with strong control over their data, offering opt-out for general data
11
, opt-in for sensitive data
12
, access
13
, correction
14
, deletion
15
, and a Data Subject Rights Request Form
16
. Data minimization practices include not collecting sensitive personal information like political opinions
17
, and retaining data only as long as necessary
18
. The company has a coordinated vulnerability disclosure procedure
19
, encourages reporting from security researchers
20
, and offers Safe Harbor protection
21
, though it does not provide monetary compensation for submissions
22
. Trane Technologies demonstrates very strong compliance with various privacy regulations, including COPPA
23
, CCPA
24
, EU Directive 95/46/EC
25
, DPF
26
, UK Extension to EU-U.S. DPF
27
, and Québec’s Law 25
28
, and was recognized as one of the 2024 World's Most Ethical Companies by Ethisphere
29
.
Zero Waste & Sustainable Products
-30
Trane Technologies demonstrates a strong commitment to zero waste and sustainable products. In 2024, 46% of key commodities used in products contained recycled content.
1
The company has a goal to achieve zero waste to landfill by 2030.
2
Circular design principles are embedded in product development, supported by a Design for Sustainability and Circularity module, an Enterprise Circularity Council, and six strategic pillars.
3
Numerous waste reduction initiatives are in place, including a Global Refrigerant Reclaim Program that recovered over 323,700 metric tons of CO2e in 2024,
4
and returnable packaging projects that reduced over 1,600 tons of solid waste in 2023.
5
A pilot program in Mesa, Arizona, harvested nearly 800 parts for reuse in 2024.
6
The company reported no significant environmental noncompliance fines in 2023
7
or 2024,
8
and has eliminated cyanide and chlorinated solvents from its Sylvania Georgia Plant since 1996 and 1992, respectively.
9
Supplier Packaging Guidelines promote circularity,
10
and the Refrigerant Reclaim Program educates customers on proper disposal.
11