The United Nations (UN) Sustainable Development Goals (SDGs) inspire individuals, businesses and nations to create a more sustainable and equitable world. In line with the SDGs, we set ambitious 2030 Sustainability Commitments that reflect our deep commitment to addressing environmental, social, governance, and economic issues. Our deep expertise in the heating and cooling sector allows us to implement and scale industry-changing innovations. We want our commitments to inspire others and call on those within our industry and beyond to join our transformative efforts. We used Trucost’s SDG Evaluation Tool to understand where Trane Technologies could make the most meaningful impacts. Based on the evaluation, we aligned our actions with three primary SDGs:
We are working toward gender parity in management and leadership as part of our Opportunity for All goals. We continue to advance gender equality in our hiring and recruiting practices by providing bias training and offering learning programs that help women develop leadership skills to grow in their careers.
We also promote diversity among our suppliers and use a strategic sourcing development process that analyzes various factors, including suppliers’ Diversity & Inclusion policies. Our supplier diversity program works toward increasing our spend with diverse-owned businesses in the U.S. market.
As part of RE100, we are committed to sourcing 100% renewable energy by 2040, which exceeds RE100 requirements. Accordingly, we employ energy efficiency measures across our enterprise, purchase renewable energy for our operations, work to advance policies to increase the availability of renewable energy and create innovative energy-efficient products and energy management solutions to reduce our customers’ energy consumption profiles.
Our 2030 Sustainability Commitments, including the Gigaton Challenge, reflect our steadfast efforts to create product solutions that decrease energy use without sacrificing performance.
Trane Technologies proactively works to decrease greenhouse gas emissions caused by heating and cooling and to mitigate food loss during transportation. As a global climate innovator and sustainability leader, we decarbonize our footprint by:
SDG 2: Zero Hunger: Our Thermo King® cooling solutions help protect food in transit, reducing food loss. We also work with food producers like Pure Harvest Smart Farms in harsh climate zones like the Middle East, using Trane® systems to create optimal indoor environments for growing fresh produce. These innovative solutions increase the availability of fresh food in underserved regions. Read more in Customer-focused solutions.
SDG 3: Good Health & Well-being: We promote the physical and mental well-being of our team members through benefits, including an Employee Assistance Program, parental leave and family care policies. Read more about our benefits in the Company culture section.
SDG 4: Quality Education: We encourage and invest in employee learning and career development through Trane Technologies University and our micro-learning platform. We contribute to external educational organizations like Discovery Education, which enhance access to science, technology, engineering and mathematics for underrepresented students. Read more about our Learning & development programs and educational support in line with our Corporate citizenship strategies.
SDG 9: Industry, Innovation, & Infrastructure: Our building automation services, advanced heat pumps, Thermo King telematics and thermal management systems demonstrate our focus on innovating resilient and efficient products. We support policies to upgrade infrastructure to enable decarbonization. Read more about our Technology & innovation solutions and policy efforts that align with advancing sustainable infrastructure.
SDG 10: Reduced Inequalities: A diverse, inclusive workforce will support Trane Technologies’ future growth and innovation, which is why Opportunity for All is one of our three core 2030 Sustainability Commitments pillars. We invest in underrepresented communities, create diverse hiring pipelines and strive to create a workforce that mirrors our communities. Learn more about our Diversity & Inclusion initiatives.
SDG 11: Sustainable Cities & Communities: We continue to reduce our emissions and improve air quality in local communities. For example, in 2023, Thermo King delivered on its commitment to provide a fully electric, zero-emission refrigeration solution for every cold chain segment in the Europe, the Middle East and Africa region by 2023. By fulfilling this commitment, Thermo King is helping customers transition to more sustainable fleet solutions while reducing their carbon footprints. Read more about our emission-reducing products in the Energy-efficient & low-emission solutions section.
SDG 12: Responsible Consumption & Production: We have established strict sourcing requirements and conduct policies for our suppliers in our Business Partner Code of Conduct, Sustainable Procurement Policy and Global Human Rights Policy. We also invest significant resources in diverse-owned businesses and prioritize sourcing for region by region to create a more inclusive and sustainable supply chain. Read more about our Supplier diversity practices.
Read more about our support for the UN SDGs in our 2023 ESG Report.