Trane Technologies Calls for Climate Action, Scale of Existing Technologies at COP27
08 November 2022 - 4:02PM
Business Wire
Trane Technologies (NYSE:TT), a global climate innovator, will
join several climate action dialogues during the Sustainable
Innovation Forum 2022 (SIF22) at COP27 in Sharm El-Sheik, Egypt,
November 9-11. SIF22 will focus on the critical environmental and
social factors, and scalable solutions, needed to successfully
enable the transition to net-zero.
“Innovative solutions that will bend the curve on climate change
exist today. We can act now to dramatically reduce emissions from
heating and cooling buildings,” said Jose La Loggia, president,
Commercial HVAC EMEA, Trane Technologies. “It’s time to move from
pledge to action – deploying concrete policies and financing, and
accelerating technologies that will create a more sustainable,
energy-secure future, today.”
Trane Technologies’ leaders will participate in the following
SIF climate discussions:
- Securing food systems against the climate crisis: Rasha
Hasaneen, vice president of innovation, Nov. 9, 2:15 p.m. – 3:05
p.m. GMT
- From Global to Local – Climate change will be won and lost
in cities: Jose La Loggia, president, Commercial HVAC EMEA,
Nov. 10, 12:25 p.m. – 1:05 p.m. GMT
- Translating climate commitments to climate action –
Introducing the Gigaton Playbook, an emissions reduction
roadmap: Scott Tew, vice president of sustainability, Nov. 10,
2:10 p.m. – 2:30 p.m. GMT
All dialogues can be viewed live once registering through the
Climate Action Innovation Zone.
Trane Technologies is a proud partner of the World Economic
Forum’s Alliance of CEO Climate Leaders and is a signatory of its
COP27 open letter, calling for accelerated government policies and
creating a sustainable future for all. With an unwavering
commitment to action, Trane Technologies also supports the
Corporate Knights’ Action Declaration on Climate Policy Engagement,
which outlines how industry leaders will support ambitious action
to close the say-do gap on emission reductions.
Through bold, industry-leading action, Trane Technologies
continues to advance its 2030 Sustainability Commitments, including
its Gigaton Challenge – a pledge to reduce one billion metric tons
of greenhouse gas emissions from customers’ carbon footprints by
2030 – and its net-zero by 2050 emissions reduction goal, both
validated by the Science Based Targets Initiative (SBTi). The
company’s leadership in sustainability has been recognized by the
Financial Times (Europe’s Climate Leaders 2022) and the Center for
Climate and Energy Solutions (Climate Leadership Hall of Fame
induction).
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 www.tranetechnologies.com.
This news release includes “forward-looking statements” 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. Such factors include, but are not
limited to, our future financial performance and targets, including
revenue, EPS and operating income; our business operations; demand
for our products and services, including bookings and backlog;
capital deployment, including the amount and timing of our
dividends, our share repurchase program, including the amount of
shares to be repurchased and the timing of such repurchases and our
capital allocation strategy, including acquisitions, if any; our
projected free cash flow and usage of such cash; our available
liquidity; performance of the markets in which we operate;
restructuring activity and cost savings associated with such
activity; and our effective tax rate. Additional factors that could
cause such differences can be found in our Form 10-K for the year
ended December 31, 2021, as well as our subsequent reports on Form
10-Q and other SEC filings. We assume no obligation to update these
forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221108005796/en/
Media Contact: Shelby Hansen +1-704-990-3835
Shelby.Hansen@tranetechnologies.com
Investors Contact: Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
Trane Technologies (NYSE:TT)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Trane Technologies (NYSE:TT)
Historical Stock Chart
Von Apr 2023 bis Apr 2024