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Trane Technologies Named To Fast Company’s 2023 Best Workplaces For Innovators List

Trane Technologies (TT), a global climate innovator, has been recognized by Fast Company as one of the 2023 Best Workplaces for Innovators. The list ranks 100 global companies from a variety of industries that empower its employees to create new products, invent new ways of doing business or improve processes. Trane Technologies was also named as a finalist in the Sustainability category. “Relentlessly innovating for a more sustainable world is core to our business strategy, and every day, our teams push the boundaries of what’s possible to deliver industry-leading results,” said Paul Camuti, the Executive Vice President and Chief Technology and Sustainability Officer for Trane Technologies. Featured in 2023 Best Workplaces for Innovators List Trane Technologies’ passive cooling cart for street vendors was also recognized by Fast Company Paul Camuti adds, “This prestigious recognition honors their dedication to creating healthy spaces and decarbonizing buildings, the cold chain and industries with high energy demands.” Trane Technologies’ passive cooling cart for street vendors was also recognized by Fast Company as one of its 2023 World Changing Ideas. The cart was named the winner in the Developing World Technology category, a finalist in the General Excellence and Large Business categories and received an honorable mention in the Sustainability/Energy category. Trane Technologies’ passive cooling cart recognized The cooling cart is designed to provide a reliable income and improve the quality of life for millions of street vendors around the world. It reduces food waste and lowers greenhouse gas emissions. The cart utilizes dual-mode film technology that reflects sunlight to prevent fresh produce from overheating, while passively cooling the area beneath the canopy. This design does not require electricity and can be retrofitted onto existing carts already in-use. Operation Possible - Social innovation program Trane Technologies’ cooling cart is the result of Operation Possible Trane Technologies’ cooling cart is the result of Operation Possible, an employee-powered social innovation program that addresses the most pressing social and environmental challenges, including the coexistence of food loss and hunger in low-income communities. By harnessing the power of innovative collaboration, Operation Possible is accelerating the potential for positive change for both people and the planet. Other recent examples of innovation at Trane Technologies include: High-efficiency heat pumps: In November 2022, Trane Technologies surpassed the U.S. Department of Energy’s (DOE) requirements for the Residential Cold Climate Heat Pump (CCHP) Challenge. When tested at the DOE’s lab, Trane’s CCHP prototype performed in temperatures as low as negative 23 degrees Fahrenheit, surpassing the mandatory negative 20 degrees Fahrenheit DOE requirement. Hydrotreated Vegetable Oil (HVO): Trane Technologies approved the use of Hydrotreated Vegetable Oil (HVO) fossil-free fuel as a sustainable alternative to diesel fuel in Thermo King® global cold chain solutions, including refrigerated truck and trailer product lines. The use of HVO fuel offers a 90% reduction in greenhouse gas emissions and more than 30% in particulate matter while maintaining optimal product performance. Thermal Battery™ Storage-Source Heat Pump Systems: Trane’s Thermal Battery™ Storage-Source Heat Pump System (SSHP) is an innovative electrified heating solution that reduces carbon emissions even in cold climates. This innovative approach reclaims excess building heat and can also collect heat from the outdoor air to immediately heat a building or store it for tomorrow’s heating. Trane Technologies’ 2030 Sustainability Commitments Trane Technologies’ innovation expertise powers its 2030 Sustainability Commitments, which addresses global challenges that affect the communities around the world. These commitments include the Gigaton Challenge - a pledge to reduce customer greenhouse gas emissions by one Gigaton (or, 2% of the world’s annual emissions) by 2030. The company was also first in its industry and among the first across all sectors to receive validation from the Science Based Targets Initiative (SBTi) for its near-term 2030 emissions reduction targets and its long-term 2050 net-zero target.

Trane Technologies Named To JUST Capital’s 2022 JUST 100 List

Trane Technologies plc, a global climate innovator, has been named one of America’s Most JUST Companies for the fifth consecutive year, and a member of the JUST 100 by JUST Capital. Trane Technologies ranked second among companies in the building materials & packaging industry and moved up 67 spots overall since the previous year for its outstanding commitments to its employees, community, and the environment. JUST Capital JUST Capital is a not-for-profit that does comprehensive analyses to rank companies based on issues the American public cares about most, including investing in workers, supporting communities, respecting customers, and reducing environmental impact. 2022 JUST 100 ranking places Trane Technologies as a sector leader whose performance is beneficial for investors and the wider American society. Sustainability Trane Technologies people come to work with the purpose to boldly challenge what’s possible for a sustainable world" “Every day, Trane Technologies people around the world uplift each other, our communities, and our customers, while innovating for the climate,” said Paul Camuti, Chief Technology and Sustainability Officer for Trane Technologies. Paul Camuti adds, “They come to work with the purpose to boldly challenge what’s possible for a sustainable world. I’m delighted and proud that the hard work we’re doing together to make the world a better place has landed us on the prestigious JUST 100 list.” commitment to carbon reduction Trane Technologies also earned a high grade on the 2021 annual CDP Global Climate Change Report in the Climate Change category, signifying management’s commitment to carbon reduction actions across the value stream. The company has earned consistently high leader-level scores on the rigorous CDP ranking for five consecutive years. CDP is a not-for-profit global environmental disclosure system that helps companies, cities, states, and regions measure and manage their risks and opportunities on climate change. 2030 Sustainability Commitments Trane Technologies, and its brands Trane and Thermo King, are solving some of the world’s biggest sustainability challenges and inspiring industry and global change with 2030 Sustainability Commitments. These commitments include the Gigaton Challenge, a pledge to reduce customer greenhouse gas emissions by a billion metric tons (2% of the world’s annual emissions) and achieve carbon-neutral operations across its global footprint. Opportunity for All pledge Trane Technologies’ 2030 Sustainability Commitments also include its Opportunity for All pledge. The pledge commits to achieving gender parity in leadership, having a workforce that is diverse and reflective of its communities, and community initiatives that support equitable education and pathways to green and Science, Technology, Engineering, and Math (STEM) careers.

Trane Technologies And Habitat For Humanity Partner To Reduce New Homeowners’ Costs And Environmental Impact

A family’s first home brings excitement and emotions, opening up possibilities and providing a foundation for stability and growth. Becoming a new homeowner also brings new challenges and responsibilities of maintenance and repairs to keep the home safe and comfortable. That’s the reason that Trane Technologies, a global climate innovator, and Habitat for Humanity International, the foremost housing nonprofit, are teaming up on a national initiative called Indoor Climate and Maintenance Education ̶ I-CLIME, which will equip new Habitat homeowners with resources for maintaining comfortable, healthier and energy-efficient homes without breaking the bank. Increasing Economic Mobility “Our commitment to sustainability extends to the communities where we live and work; this is why we’re partnering with organizations like Habitat for Humanity to increase economic mobility and access to safe, affordable, and healthier housing,” said Jason Bingham, President of Residential HVAC & Supply Business, Trane Technologies’. “I-CLIME means empowering new homeowners to take care of their homes. The goal of this program is to help families succeed, revitalize communities, and contribute to a healthier planet.” Maintaining Homes “At Habitat, we know that an affordable home is not just about the purchase price, but also about the cost to heat, cool and maintain the home over time,” said Julie Laird Davis, Vice President of Corporate and Cause Marketing Partnerships at Habitat for Humanity International. “By partnering with Trane Technologies, we’ll be able to help more families succeed with Habitat and keep their housing costs even lower.” Benefiting Families I-CLIME will launch in Charlotte, N.C. with a series of educational resources for Habitat homebuyers focused on topics including preventative maintenance, appliance care, and warranties, as well as strategies for energy efficiency and indoor air quality. Habitat for Humanity and Trane Technologies expects the partnership to expand to additional markets in 2021 to benefit hundreds of families, helping to reduce the energy intensity and greenhouse gas emissions for those households served. 2030 Sustainability Commitments Trane Technologies employees will also volunteer with Habitat for Humanity on local home builds, as well as support fundraising and in-kind giving. These efforts are part of the company’s 2030 Sustainability Commitments that include a pledge to reduce its customers’ carbon emissions by 1 gigaton (2 percent of the world’s annual emissions), bring its own operations to carbon-neutral, and create community opportunities through investments in education and workforce development, housing and comfort, and food and wellness.

Insights & Opinions from thought leaders at Ingersoll Rand

Growth Of Women In HVACR Organization Reflects Changing Workforce

There is an enormous labor shortage in the skilled trades, and women have stepped up to assume many positions beyond office work alone. Throughout the Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) industry, women are proving to be excellent technicians, service managers, sales people, marketers and more. Networking, mentoring, and education The increasing role of women in the HVACR industry is reflected in the rapid growth of Women in HVACR, a non-profit organization dedicated to improving the lives of its members by empowering women to succeed through networking, mentoring, and education. With a massive labor shortage, women make up a large untapped resource for a potential workforce to fill jobs Approximately 53% of the current skilled-trade workforce is 45 years or older. Estimates say that by 2022, 115,000 new jobs will be available. Currently only 4% of HVACR industry jobs are held by women, with only 1% of field technician jobs held by women. With a massive labor shortage, women make up a large untapped resource for a potential workforce to fill jobs. Members from virtually every sector of the HVACR field “Our organization has snowballed in growth, year over year, providing new avenues for networking, partnerships, collaboration and personal development,” says Danielle Putnam, 2019 Women in HVACR President. “For women excited about growing their careers in the HVACR industry, this organization supports each other and is unashamed to show vulnerability so we can better connect with each other to support and help.” The first international organization for women in the industry, Women in HVACR has 447 current members from virtually every sector of the HVACR field from technicians to contractors, distributors, wholesalers, manufacturers and more, at every level. The organization offers free student memberships as well. There are currently 79 participants in the mentorship program, and the Ambassador Program in 2019 has seven Ambassadors Mentorship programs Member benefits include scholarship opportunities, mentorship programs, a member-only online directory by state, and bi-weekly Zoom video conference calls. Additional benefits include regular updates on Facebook and LinkedIn, an annual conference, and quarterly newsletters. Members can serve as an ambassador for WHVACR and can participate in member-only discussions through HVAC-Talk (a knowledge sharing website), Service Roundtable (a site sharing contractor tips), and HARDI (an organization of distributors). The organization has awarded $19,000 in HVACR Scholarships since 2015. Sponsorship and membership have grown. There are currently 79 participants in the mentorship program, and the brand-new Ambassador Program in 2019 has seven Ambassadors and five scheduled events. Member Involvement “One of our key initiatives for 2019 is member involvement,” says Putnam. “We are focusing on this by setting strategic goals within each board committee to better engage our members. Women love to multi-task and get involved – it is our nature – so we want to make sure the communication channels are open wide and everyone clearly understands how vital they are to the networking, education and mentoring within our organization.” “Women in HVACR is a name that so many want to get behind and support, get involved and be a part of something,” says Putnam. “Member involvement is huge.” Given the interest generated during the panel discussion, Ruth King applied for status as a non-profit organization under the name Women in HVACR Women in HVACR The organization’s growth comes from humble beginnings. In 2002 during the AHR Expo in Chicago, Ruth King and Gwen Hoskins began a discussion about the increased number of women joining the HVACR industry and the need for a way to share knowledge and experience through networking while encouraging and supporting one another. This conversation between two women was the catalyst for the organization. From this simple discussion, a panel discussion was hosted by Comfortech entitled: Women in The Industry during the 2003 conference held in Dallas in conjunction with the Contracting Business Woman of the Year breakfast. The panel consisted of four women within the HVACR industry and was attended by approximately 40 people. From there, given the interest generated during the panel discussion, by the end of the year Ruth King had applied for status as a non-profit organization under the name Women in HVACR. As so it began. Advice To Women We have many male members, and even one male Mentor in our Mentorship program"Currently there are 70 or so sponsors of the organization at various levels. Top-tier Diamond Sponsors are PROPARTS HVAC Parts and Supplies, Ingersoll Rand, Trane, American Standard, York, Johnson Controls, Allied Air Enterprises, Magi-Pak, COSCO and Armstrong Air. One misconception about the Women in HVACR organization is that it is a women-only group. “Though we are a group whose mission is to support women in the HVACR industry, there is no requirement that you be a woman to fulfill this role,” says Karen DeSousa, Women in HVACR Vice President. “We have many male members, and even one male Mentor in our Mentorship program.” What’s the organization’s advice to women entering the HVACR field? “Don’t give up!” says DeSousa. “Though you will experience setbacks and hurdles in many forms, this industry is worth the long hours, sometimes difficult working conditions, endless need for continuing education and more.”

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