Trane Technologies (NYSE: TT), a leader in climate innovation, has committed to reducing embodied carbon in its products by 40% by 2030. This industry-first initiative focuses on collaborating with material suppliers, including those providing steel, aluminum, copper, and refrigerants, while incorporating circular design principles in product development.
Tackling Carbon Emissions in the Built Environment
Buildings contribute to 40% of global energy-related carbon emissions, making it crucial to lower embodied carbon — the total emissions associated with a product’s lifecycle. Trane Technologies aims to reduce the carbon footprint in the built environment through sustainable material sourcing and the electrification of heating systems, alongside optimizing energy use through digital solutions.
Dave Regnery, Chair and CEO of Trane Technologies, emphasized the company’s leadership in sustainable practices: “We are proud to be a first mover, partnering with suppliers to scale sustainable materials and helping customers achieve their sustainability goals.”
Aligning with Global Climate Goals and the Gigaton Challenge
The company’s new commitment aligns with global sustainability standards and expands on Trane Technologies’ 2030 Sustainability Commitments. These include the Gigaton Challenge, a pledge to reduce customer greenhouse gas emissions by 1 billion metric tons by 2030. Additionally, the company is on track to reach net-zero emissions by 2050, with its targets validated by the Science Based Targets Initiative (SBTi).
By bridging operational and embodied carbon, Trane Technologies is setting a precedent for decarbonizing the built environment and driving significant carbon reductions across the energy market.
Source: apnews.com