Geneva, 04 August 2020 – Trane Technologies today joined more than 200 leading companies as the newest member of the World Business Council for Sustainable Development (WBCSD).
Trane Technologies is a global climate innovator that brings efficient and sustainable climate solutions to buildings, homes and transportation through its strategic brands Trane® and Thermo King®, and its portfolio of environmental products and services.
Trane Technologies debuted as a climate innovation company earlier this year, after the spin-off of its industrial segment, which merged with Gardner Denver to become Ingersoll Rand. The company develops solutions for big sustainability challenges while bringing heating, cooling and refrigerated foods and perishables to people around the world. The company’s bold 2030 Sustainability Commitments are central to its business strategy and include a pledge to reduce its customers’ carbon emissions by one gigaton (2% of the world’s annual emissions) and to achieve carbon-neutral operations. These commitments extend to communities with significant investments in education and workforce development, housing and comfort, and food and wellness.
Headquartered in Swords, Ireland, with North American headquarters in Davidson, North Carolina, Trane Technologies employs more than 36,000 people in offices and factories around the world.
“Trane Technologies is proud to join WBCSD and work alongside other member companies to continue progressing towards a sustainable world,” said Paul Camuti, executive vice president and chief technology and strategy officer for Trane Technologies. “The world is facing significant sustainability challenges. Together, we will rethink and challenge what is possible to accelerate decarbonization and develop tools and resources that communities, cities and other companies can use to build resilience and protect the health of our planet for generations to come.”
WBCSD’s President and CEO Peter Bakker said: “We are glad to welcome Trane Technologies to the WBCSD network. The built environment contributes 40% of global carbon emissions, over 30% of global final energy use and consumes nearly half of the world’s natural resources. It is a priority that we work together with companies like Trane Technologies that can help transform the built environment, as well as refrigerated transportation, towards one that is net zero-emissions, circular, healthy, inclusive and resilient.”