Trane Technologies Named to Climate Disclosure Project (CDP) Annual ‘A List’
13 Dezember 2022 - 2:02PM
Business Wire
Trane Technologies (NYSE:TT), a global climate innovator, has
been recognized for corporate environmental transparency by the
Climate Disclosure Project (CDP), securing a place on its annual ‘A
List.’
Trane Technologies is one of 283 companies that achieved an ‘A’
– out of the more than 15,000 companies scored. CDP’s scoring
process is based on the comprehensiveness of disclosure, awareness
and management of environmental risks and demonstration of best
practices associated with environmental leadership, such as setting
ambitious and meaningful targets.
“Global challenges inspire bold thinking, and our near and
long-term commitments and impact reflect the changes needed to
transform our industry,” said Paul Camuti, chief technology and
sustainability officer for Trane Technologies. “This recognition is
another validation of Trane Technologies delivering real action on
climate change and corporate transparency.”
Trane Technologies is driving decarbonization of buildings,
industry and the cold chain through high-efficiency, electric heat
pumps, air conditioners, thermal management systems and other
innovations. The company established its first set of climate
commitments in 2014 and exceeded them two years early. Since then,
the company’s ambitions and actions have grown, with its bold 2030
Sustainability Commitments, including the Gigaton Challenge, and
its 2050 Net-Zero carbon target. The company’s emission reduction
targets are aligned with rigorous climate science, with three sets
of its goals validated by the Science Based Targets Initiative
(SBTi).
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20221213005702/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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