Trane Technologies

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2014, 2013, 2012, 2010, 2007

By scope: Scope 1: 206.4K tCO2e/year; Scope 2: 127.4K tCO2e/year (market-based); Scope 3: 266 million tCO2e/year (product use). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

⚡
Renewable Energy
68%
of total energy
💧
Water Usage
1.97 million cubic meters/year
2023
♻️
Waste
34.5K metric tons/year
2023
⚙️
Energy Use
3.0K billion kJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).206.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.127.4K tCO2e/year (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).266 million tCO2e/year (product use)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022355.3K metric tons CO2e (Scope 1 & 2 location-based)
2021394.9K metric tons CO2e
2020412.8K metric tons CO2e
2019537.6K metric tons CO2e
2018536.8K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce GHG emissions (Scope 1 and 2) by 25% by 2025 (from a 2021 baseline).

📅 Medium-term

  • Reduce Scope 1 and 2 absolute greenhouse gas (GHG) emissions by 50% below 2019 levels by 2030.
  • Reduce Scope 3 GHG emissions by 55% per thermal ton below 2019 levels by 2030.
  • Achieve carbon neutral operations by 2030.
  • Reach zero waste disposed of in landfills by 2030.
  • Achieve net-positive water use in water-stressed locations by 2030.

🔭 Long-term

  • Achieve net-zero GHG emissions across our value chain by 2050.

🌱 ESG Focus Areas

Climate ChangeDiversity & InclusionGigaton Challenge

⚠️ Challenges & Risks +

  • High transportation costs and carbon emissions caused by transporting waste from factories to recycling centers.
  • Increasing water scarcity in operating regions.
  • Addressing the skilled labor gap and building a diverse service technician workforce.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB, TCFD, UNGC, WEF Stakeholder Capitalism Metrics
Assurance: Third-party limited assurance on select environmental, health and safety, and GHG data