- Named to the JUST 100 for the third consecutive year
- Named to Fortune’s World’s Most Admired Companies list for the
12th consecutive year
- Named to CDP’s A-List for the second consecutive year
Trane Technologies (NYSE:TT), a global climate innovator, has
been named to the 2024 JUST 100 and Fortune Magazine’s 2024 list of
the World’s Most Admired Companies. The company was also recognized
for leadership in corporate transparency and performance on climate
change by CDP, securing a place on its annual ‘A List.’
“Continued recognition on prestigious lists like the JUST 100,
Fortune’s World’s Most Admired Companies and CDP’s A List is a
tremendous honor,” said Dave Regnery, chair and CEO of Trane
Technologies. “These achievements would not be possible without the
commitment and talent of our global team who bring our purpose of
challenging what’s possible for a sustainable world to life. Their
ambition drives transformative climate innovation that has a
lasting impact on our customers, communities and the planet.”
The JUST 100, led by JUST Capital and published in partnership
with CNBC, recognizes America’s largest public companies’ who are
doing right by workers, customers, communities, shareholders and
the environment. This is the third consecutive year that Trane
Technologies has been named to the JUST 100 and the second
consecutive year that it’s been named the best company in the
Building Materials & Construction industry. The company also
ranked first overall in customer treatment, beneficial products and
sustainable materials – three of the 20 issues that JUST Capital
uses to evaluate companies included in the rankings.
This is the 12th consecutive year that Trane Technologies has
been named to Fortune’s World’s Most Admired Companies list. The
annual list, developed by Fortune and Korn Ferry, includes
companies that are the best-regarded in their industry and is
considered the ultimate report card on corporate reputation. The
company was recognized as an industry leader in multiple categories
including social responsibility and quality of management.
Trane Technologies is one of 346 companies to be recognized with
an ‘A’ score for transparency on climate change by CDP – out of
over 21,000 companies scored. CDP’s scoring process is based on the
comprehensiveness of disclosure, awareness and management of
environmental risks and demonstration of best practices associated
with environmental leadership, such as setting ambitious and
meaningful targets.
Broadly acknowledged for its industry-leading transparency,
credibility and accountability, Trane Technologies has recently
received several additional recognitions for climate action. The
company was named to Corporate Knights’ 2024 Global 100, recognized
as the leader in the Building Products industry and ranking 23rd
overall. It was also 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.
Through bold action, Trane Technologies is advancing its 2030
Sustainability Commitments, including the Gigaton Challenge – a
pledge to reduce customer greenhouse gas emissions by 1 billion
metric tons (or, one gigaton) – and its pledge to be net-zero by
2050. The company is first in its industry with near and long-term
emissions reduction targets externally validated by the Science
Based Targets Initiative (SBTi).
About Trane Technologies
Trane Technologies is a global climate innovator. Through our
strategic brands Trane® and Thermo King®, and our portfolio of
environmentally responsible products and services, we bring
efficient and sustainable climate solutions to buildings, homes and
transportation. For more on Trane Technologies, visit
tranetechnologies.com.
About JUST Capital
The mission of JUST Capital, an independent nonprofit, is to
demonstrate how just business – defined by the priorities of the
public – is better business. Our goal is to help companies create
value for all their stakeholders – their workers, customers,
communities, the environment, and shareholders – by focusing on the
issues that matter most to Americans. To date, we’ve polled more
than 170,000 Americans on the issues they believe companies should
prioritize when it comes to just business behavior, and those
insights guide our work. We believe that business and markets can
and must be a force for the greater good and that by shifting the
resources of the $21.6 trillion private sector, we can drive
competition to build a better future for all. Our research,
rankings, indexes, initiatives, and new offerings like the JUST
Jobs Scorecard help track, analyze, incentivize, and scale
corporate stakeholder performance. JUST Capital publishes the
annual list of America’s Most JUST Companies, the JUST 100, in
partnership with CNBC. To learn more, visit:
www.JUSTCapital.com.
About Fortune
Fortune upholds a legacy of award-winning writing and trusted
reporting for executives who want to make business better.
Independently owned, with a global perspective and digital agility,
Fortune tells the stories of a new generation of innovators,
builders, and risk takers. Online and in print, Fortune measures
corporate performance through rigorous benchmarks, and holds
companies accountable. Fortune creates communities by convening
true thought leaders and iconoclasts – those who shape industry,
commerce and society – through powerful and prestigious lists,
events and conferences, such as the iconic Fortune 500, the CEO
Initiative and Most Powerful Women. For more information, visit
fortune.com.
About CDP
CDP is a global non-profit that runs the world’s environmental
disclosure system for companies, cities, states and regions.
Founded in 2000 and working with more than 740 financial
institutions with over $136 trillion in assets, CDP pioneered using
capital markets and corporate procurement to motivate companies to
disclose their environmental impacts, and to reduce greenhouse gas
emissions, safeguard water resources and protect forests. Over
24,000 organizations around the world disclosed data through CDP in
2023, with more than 23,000 companies – including listed companies
worth two thirds global market capitalization - and over 1,100
cities, states and regions. Fully TCFD aligned, CDP holds the
largest environmental database in the world, and CDP scores are
widely used to drive investment and procurement decisions towards a
zero carbon, sustainable and resilient economy. CDP is a founding
member of the Science Based Targets initiative, We Mean Business
Coalition, The Investor Agenda and the Net Zero Asset Managers
initiative. Visit cdp.net or follow us @CDP to find out more.
This news release includes “forward-looking statements” within
the meaning of securities laws, which are statements that are not
historical facts, including statements that relate to our
sustainability and commitments and the anticipated impact of these
commitments. These forward-looking statements are based on our
current expectations and are subject to risks and uncertainties,
which may cause actual results to differ materially from our
current expectations. Factors that could cause such differences can
be found in our Form 10-K for the year ended December 31, 2022, as
well as our subsequent reports on Form 10-Q and other SEC filings.
New risks and uncertainties arise from time to time, and it is
impossible for us to predict these events or how they may affect
the Company. We assume no obligation to update these
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240206762786/en/
Media Contact: Travis Bullard +1-919-802-2593
Media@tranetechnologies.com Investors Contact: Zachary Nagle
+1-704-990-3913 InvestorRelations@tranetechnologies.com
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