- Trane Technologies (TT, Financial) named to Financial Times Europe's Climate Leaders List for the fifth consecutive year.
- The company is focused on reducing emissions through innovative and sustainable solutions.
- Trane Technologies is leading the Gigaton Challenge, partnering with customers to cut emissions by 1 billion metric tons by 2030.
Trane Technologies (TT), a leading player in climate innovation, has been honored by the Financial Times as one of Europe's Climate Leaders for the fifth year in a row. This distinction recognizes European companies that have effectively reduced their emissions intensity between 2018 and 2023. The list is compiled in partnership with market research firm Statista.
Jose La Loggia, Group President for Europe, Middle East, and Africa (EMEA), expressed pride in the recognition, stating, "At Trane Technologies, driving impactful change is integral to our strategy. We are currently implementing scalable technologies to significantly reduce emissions while also driving strong paybacks from lower energy costs for customers."
In its commitment to sustainability, Trane Technologies opened a state-of-the-art Innovation Center in Oberhausen, Germany, in 2024. This facility highlights a range of efficient Trane® heating and cooling solutions for industrial and commercial buildings and serves as the company's Center of Excellence for Electrification.
In December 2024, Trane Technologies became one of the first companies in Ireland to support the UN Global Compact’s Forward Faster initiative, aimed at fast-tracking progress on the United Nations' 2030 Sustainable Development Goals. The initiative promotes urgent action to advance these goals, with only 17% currently on track globally.
The company is spearheading the Gigaton Challenge, collaborating with clients to achieve a reduction of 1 billion metric tons of greenhouse gas emissions by 2030, equivalent to 2% of the world’s annual emissions or the combined yearly emissions of Italy, France, and the U.K.
Trane Technologies ranks prominently in the Building Products & Equipment industry, with a market cap of $77.15 billion. The company is headquartered in Ireland with a strong institutional ownership of 88.6%.
