Ingersoll Rand’s Trane® and Thermo King® Businesses Increase Sustainability Ambitions at Climate Week NYC
24 September 2019 - 12:30PM
Business Wire
Company’s Bold 2030 Sustainability Commitments
Reduce Climate Impacts, Address Resource Scarcity and Create
Opportunity for All
Ingersoll Rand (NYSE:IR), a world leader in creating
comfortable, sustainable and efficient environments, with its
leading climate brands Trane and Thermo King, is further committing
to bold action towards sustainability this week on a global stage
at Climate Week NYC in New York City.
The company and its Trane and Thermo King businesses have
launched the Gigaton Challenge to reduce 1 gigaton of carbon
emissions from its customers’ footprint by 2030, transforming the
way the world heats and cools buildings, and refrigerates cargo in
transport. One gigaton is the equivalent of the annual emissions of
Italy, France and the United Kingdom combined. The Gigaton
Challenge is one of three pillars of the brands’ 2030
Sustainability Commitment.
Trane and Thermo King are committed to lead by example,
transforming supply chain and operations to have a restorative
impact on the environment. This includes achieving carbon neutral
operations and giving back more water than used in water-stressed
areas. Together, Trane and Thermo King will also increase
opportunity for all, strengthening economic mobility and
bolstering the quality of life of its people. This includes
achieving gender parity in leadership roles, a workforce reflective
of its community populations, maintaining livable
market-competitive wages and broadening community access to cooling
comfort, housing and food.
“The next frontier of sustainability starts with bold action,”
said Michael W. Lamach, Chairman and CEO of Ingersoll Rand.
“Addressing the world’s greatest challenges including climate
change, urbanization and resource scarcity requires companies like
ours to make ESG core to how we innovate, operate and engage.
Collaboration is key to accelerating positive change and Climate
Week NYC provides a powerful platform to engage.”
During Climate Week NYC, Lamach and leaders from Trane and
Thermo King will join the world’s most influential companies and
make these additional pledges central to its 2030 sustainability
commitments:
- Alliance to Save Energy 3% Club – Trane and Thermo King
will improve operational energy efficiency (intensity) by 3%
annually.
- Climate Group RE100 – Trane and Thermo King have agreed
to join the RE100 and set a 100% renewable electricity target for
its entire global operations by 2040.
- Climate Group EP100 – Trane and Thermo King have agreed
to join the EP100 and have committed to doubling its energy
productivity by 2035.
- U.N. Environment Cool Coalition – Trane has committed to
make lower GWP alternatives available in all platforms globally by
2030.
Lamach, Dave Regnery, Executive Vice President of Ingersoll
Rand, and Scott Tew, Executive Director of the Center for Energy
Efficiency and Sustainability at Ingersoll Rand will represent the
organization and participate in speaking sessions and forums during
Climate Week NYC.
- Sept. 24 – The Climate Group – Heating and Cooling –
The Next Frontier – Regnery will open this session and discuss
how it makes environmental and economic sense to decarbonize
heating and cooling and the opportunity that lies ahead.
- Sept. 24 – 2019 Concordia Annual Summit – Regnery will
discuss mega trends that are impacting our world and economy and
Ingersoll Rand’s 2030 Sustainability Commitments.
- Sept. 25 – Bloomberg Global Business Forum –
Lamach will participate in a discussion around how companies can
develop a strategy to tackle climate change though
decarbonization.
- Sept. 25 – EcoAct The Sustainability Reporting Performance
of the DOW 30 – Tew will participate with a panel of experts
and tackle sustainability challenges in a changing market and
sustainability reporting.
To learn more about the company’s sustainable progress and
results, please see its 2018 ESG Report. For more information about
its 2030 sustainability aspirations, please go to
ingersollrand.com/2030.
Ingersoll Rand (NYSE:IR) advances the quality of life by
creating comfortable, sustainable and efficient environments. Our
people and our family of brands — including Club Car®, Ingersoll
Rand®, Thermo King® and Trane® — work together to enhance the
quality and comfort of air in homes and buildings; transport and
protect food and perishables; and increase industrial productivity
and efficiency. We are a global business committed to a world of
sustainable progress and enduring results. For more information,
visit www.ingersollrand.com.
1One gigaton equals 1 billion metric tons
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190924005057/en/
Media: Perri Richman 732-319-1024 prichman@irco.com
Investors: Zac Nagle 704-990-3913
investorrelations@irco.com
Ingersoll Rand (NYSE:IR)
Historical Stock Chart
Von Feb 2024 bis Mär 2024
Ingersoll Rand (NYSE:IR)
Historical Stock Chart
Von Mär 2023 bis Mär 2024