Policies, Practices and Disclosures
Global Human Rights Policy
Our commitment to employees, business partners, customers and communities is strengthened by our Global Human Rights Policy. The policy covers non-discrimination and harassment, prohibitions against child and forced labor, freedom of association and the right to engage in collective bargaining. Many of the adopted standards align with basic concepts regarding working conditions and human rights advanced by international organizations such as the International Labor Organization and the United Nations; the policy represents Trane Technologies minimum standards in these areas.
While local laws or regulation may necessitate a different interpretation or application of the policy, we believe that the fundamental values it embodies should serve as our global minimum business standards. Our Code of Conduct employee training program, which mirrors many of the objectives of the Trane Technologies Global Human Rights Policy, is conducted annually. This training encourages employees who believe the Code has been violated to report the suspected violations through the company’s Ethics HelpLine.
Trane Technologies is committed to complying with laws pertaining to freedom of association, consultation, and collective bargaining. Trane Technologies respects its employees’ right to individually decide to join or refrain from joining any lawful organization. The company’s Global Human Resources Policy emphasizes freedom of association.
Political Activities and Contributions
The laws of many countries prohibit or strictly limit contributions by corporations to political parties and candidates. Although our employees may engage in personal political activity, they are prohibited from doing so on behalf of Trane Technologies or in their capacity as company employees. In the United States, Trane Technologies manages a nonpartisan Political Action Committee (PAC) which is compliant with all applicable laws and is regulated by the Federal Election Commission (FEC).
Under the FEC, all funds received by the PAC and resulting contributions to federal candidates are publicly disclosed. For a list of federal contributions, see here. Although Trane Technologies employees may make personal contributions to political parties and candidates, they are not permitted any type of reimbursement from the company. The PAC is funded exclusively through voluntary contributions by salaried employees.