Trane Technologies Sets Goal to Reduce Embodied Carbon by 40% by 2030
Trane Technologies (NYSE: TT), a global climate innovator, has announced a groundbreaking commitment to reduce embodied carbon by 40% by 2030. This industry-first goal builds upon the company’s leadership in sourcing sustainable materials, such as low-carbon steel, and emphasizes its dedication to minimizing the carbon footprint of buildings.
Focus on Sustainable Materials and Circular Design
As buildings account for approximately 40% of global energy-related carbon emissions, addressing embodied carbon is crucial. This refers to the total greenhouse gas emissions associated with a product’s lifecycle, from raw material extraction and manufacturing to transportation and recycling. Trane Technologies plans to partner with suppliers of key materials, including steel, aluminum, copper, and refrigerants, while also integrating circular design principles into its product development processes.
Quotes from Leadership
Dave Regnery, Chair and CEO of Trane Technologies, stated, “To create a more sustainable world, we must address emissions from the built environment—everything from reducing embodied carbon to the electrification of heating to optimizing energy with digital solutions.” He emphasized the company’s role as a first mover in partnering with suppliers to promote sustainable materials.
Diane Holdorf, Executive Vice President of Pathways at the World Business Council for Sustainable Development, noted, “Bridging operational and embodied carbon is vital for decarbonizing the built environment, and HVAC systems play a crucial role in our shared vision for a net-zero future.”
Alignment with Global Sustainability Initiatives
Trane Technologies’ new embodied carbon commitment aligns with guidance from global non-profit organizations in the building sector and builds on the company’s existing 2030 Sustainability Commitments, which use 2019 as a baseline year. The company has also initiated the Gigaton Challenge, a pledge to reduce customer greenhouse gas emissions by 1 billion metric tons within the next decade—the largest science-based climate commitment of its kind. Additionally, Trane Technologies aims to achieve net-zero emissions by 2050, with its targets validated by the Science Based Targets Initiative (SBTi).
About Trane Technologies
Trane Technologies is a global climate innovator committed to providing efficient and sustainable climate solutions through its strategic brands, Trane® and Thermo King®. With a focus on environmentally responsible products and services, Trane Technologies is dedicated to enhancing sustainability in buildings, homes, and transportation.
Source: businesswire.com
