Trane Technologies Named to S&P Dow Jones Sustainability World Index and North America Index
12 Dezember 2022 - 2:00PM
Business Wire
Trane Technologies (NYSE:TT), a global climate innovator, has
been named to the S&P Dow Jones Sustainability World Index for
the second consecutive year and the North America Index for the
twelfth consecutive year. The company performed in the 97th
percentile in the Capital Goods industry in the S&P Global
Corporate Sustainability Assessment (score date: Oct. 21, 2022),
with perfect scores of 100 in both the environmental reporting and
social reporting categories.
The Dow Jones Sustainability World Index represents the top 10
percent of the 2,500 largest companies in the S&P Global Broad
Market Index based on long-term economic, environmental and social
criteria. The North America Index represents the top 20 percent
among the largest North American companies in the index.
“Our recognition on the S&P Dow Jones Sustainability Indices
demonstrates our relentless focus on innovation to set the pace for
our industry, and for the world,” said Dave Regnery, chair and CEO
of Trane Technologies. “I’m proud of our team members who work
every day to challenge what’s possible and identify sustainable
solutions that will impact the world for generations to come.”
Trane Technologies’ inclusion on the S&P Dow Jones
Sustainability Indices for over a decade underscores the company’s
sustainability leadership and impact. Through bold,
industry-leading action and innovation, the company 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’s
emissions reductions targets have been externally validated by the
Science Based Targets Initiative (SBTi).
With its Opportunity for All commitment, Trane Technologies is
taking action to achieve gender parity in leadership, workforce
diversity reflective of its communities, and community initiatives
that support equitable education and pathways to green and Science,
Technology, Engineering and Math (STEM) careers.
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.
About S&P Dow Jones Indices
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
products based on our indices than products based on indices from
any other provider in the world. Since Charles Dow invented the
first index in 1884, S&P DJI has been innovating and developing
indices across the spectrum of asset classes helping to define the
way investors measure and trade the markets. For more information,
visit: https://www.spglobal.com/spdji/en/.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20221212005464/en/
Media Contact: Shelby Hansen +1-704-990-3835
Shelby.Hansen@tranetechnologies.com
Investors Contact: Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
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