Trane Technologies, a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the third consecutive year and the North America Index for the thirteenth consecutive year.
The company performed in the 98th percentile in the Building Products industry in the S&P Global Corporate Sustainability Assessment (CSA score as of November 27, 2023), with a perfect score of 100 in the Resource Efficiency and Circularity category.
Sustainability practices
The North America Index represents the top 20% of the 600 largest U.S. and Canadian companies in the S&P Global BMI
The Dow Jones Sustainability World Index represents the top 10% of the 2,500 largest companies in the S&P Global Broad Market Index (BMI) based on long-term economic, environmental, and social criteria. The North America Index represents the top 20% of the 600 largest U.S. and Canadian companies in the S&P Global BMI.
The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices, and its scores are used to determine which companies are included in the Dow Jones Sustainability Indices (DJSI).
2030 Sustainability Commitments
“Our continued inclusion on the S&P Dow Jones Sustainability North America and World Indices is a tremendous honor that recognizes our relentless investment in sustainable innovation,” said Dave Regnery, the Chair and CEO of Trane Technologies, adding “I’m proud of our team members whose bold ambition has created a positive and lasting impact for our customers, communities and the planet.”
Through industry-pioneering action and innovation, Trane Technologies is decarbonizing buildings, industry and the cold chain and advancing its 2030 Sustainability Commitments, including the Gigaton Challenge, and its pledge to be net-zero by 2050. The company’s emissions reduction targets have been externally validated by the Science Based Targets Initiative (SBTi).
Thermo King® refrigeration solutions
The company recently hit two significant sustainability milestones. Last month, it announced that it’s shipped over a million HVAC units with low-carbon steel to homeowners and commercial customers across the U.S.
The company also announced at Solutrans 2023 that it has fulfilled its August 2021 commitment to deliver fully electric, zero direct emission Thermo King® refrigeration solutions for every segment of the cold chain in the Europe, Middle East, and Africa (EMEA) region by 2023.
