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Environmental
2019
2020
2021
2022
2023
Scope 1 GHG emissions (metric tons CO2e)
Total Scope 1 GHG emissions
319,240
282,837
266,523
241,788
206,381
Emissions from refrigerant leaks in manufacturing processes and cooling equipment
198,536
171,467
148,345
116,155
87,265
Emissions from fuels used in service vehicles
62,154
58,167
60,651
64,636
69,833
Emissions from fuels used in manufacturing
55,242
50,574
54.854
58.278
46,809
Emissions from fugitive volatile organic compound (VOC) from manufacturing processes
3,308
2,629
2,674
2,718
2,474
Scope 2 GHG emissions (metric tons CO2e)
Total unadjusted market-based Scope 2 GHG emissions
153,611
140,005
138,549
134,664
127,351
Total adjusted market-based Scope 2 GHG emissions
123,500
80,051
66,685
55,535
40,963
Total location-based Scope 2 GHG emissions
160,592
144,543
144,277
127,894
125,851
Scope 1 and 2 GHG emissions (metric tons CO2e)
Total absolute Scope 1 and adjusted market-based Scope 2 GHG emissions​
442,740
362,888
333,208
297,323
247,344
Percent reduction in absolute Scope 1 and adjusted market-based Scope 2 GHG emissions from 2019 baseline
-
18%
25%
33%
44%
Total Scope 1 and location-based Scope 2 GHG emissions
479,832
427,380
410,800
369,682
332,232
Scope 1 and 2 carbon intensity performance​
Carbon intensity for Scope 1 and adjusted market-based Scope 2 GHG emissions for the organization (mtCO2e/million USD)​
33.86
29.14
23.57
18.59
13.99
Reduction of GHG emissions intensity, including adjusted market-based Scope 2 GHG emissions, from a 2019 baseline (metric tons/USD)
-
4.72
10.29
15.27
19.87
Reduced emission through energy from renewable sources​​
Total reduced GHG emissions from renewable energy (metric tons CO2e)
30,111
59,954
71,864
79,129
86,389
Reduced GHG emissions from VPPA renewable energy credits(metric tons CO2e)
26,568
53,580
48,525
49,810
41,632
Reduced GHG emissions from purchased or supplier-provided RECs (metric tons CO2e)
1,244
4,381
21,262
24,930
31,734
Reduced GHG emissions from electricity generated by on‑site solar/photovoltaic systems (metric tons CO2e)
2,299
1,992
2,077
4,388
13,023
Reduction in Scope 2 GHG emissions by renewable energy since 2019
20%
43%
52%
59%
68%
Reduction in total Scope 1 and Scope 2 GHG emissions by renewable energy
6%
14%
18%
21%
26%
Scope 1 regional GHG Emissions (metric tons CO2e)
North America
247,802
201,687
174,163
182,218
156,835
​Latin America​
22,064
21,112
46,110
21,280
18,148
Europe, the Middle East and Africa
32,353
45,683
36,154
30,638
25,090
Asia Pacific
17,020
14,355
10,096
7,653
6,309
Scope 2 regional GHG Emissions (metric tons CO2e)
North America
77,167
47,302
28,770
21,214
11,204
Latin America
12,529
8,599
10,145
7,782
5,066
Europe, the Middle East and Africa
11,166
4,617
3,898
3,635
2,979
Asia Pacific
22,637
19,534
23,872
22,904
21,174
Scope 3 GHG Emissions (metric tons CO2e)
Total Scope 3 GHG Emissions
369 million
Note 1
Note 1
308 million
271 million
Product Use (assured)
365 million
331 million
366 million
303 million
266 million
Purchased Goods and Services
4 million
Note 1
Note 1
5 million
5 million
Upstream and downstream distribution and transportation (estimate)
135,628
136,434
98,245
90,444
128,388
Upstream leased assets (estimate)
67,000
65,613
63,141
50,474
53,774
Business Travel (assured)
30,340
3,788
1,895
6,313
9,958
Other Air Emissions (metric tons)
NOx
106.50
97.63
103.89
111.04
106.38
SOx
6.98
5.77
6.11
7.42
6.51
Volatile Organic Compound (VOC) emissions
275.70
219.10
222.64
226.54
206.14
Biogenic emissions (metric tons CO2e)
Biogenic emissions
0
0
0
35.62
73.31

Note 1: Values for baseline year and prior year calculated to reflect updated estimation approach for emissions from purchased goods and services. 2020 and 2021 values not provided.
2019
2020
2021
2022
2023
Absolute Energy Use (billion KJ)
Total Energy Consumption
3,157
2,951
3,116
3,181
3,032
Indirect (electricity)
1,193
1,126
1,173
1,132
1,097
Direct (fuel use)
1,965
1,825
1,943
2,050
1,935
Natural gas
832
803
864
842
738
Gasoline
807
739
784
853
890
Diesel
231
205
206
255
214
Propane
62
48
54
60
58
Solar electricity generated and used
9
9
9
12
13
Fuel oil
6
14
13
13
6
Vegetable oil
0
0
0
1
1
Aviation fuel
18
7
12
15
15
Biopropane
0
0
0
0
1
Normalized energy use (billion kJ/million USD)
0.2415
0.2369
0.2205
0.1989
0.1715
Energy consumption and sales (billion kJ)
Total electricity consumption
1,202
1,134
1,183
1,144
1,110
Total heating consumption
837
817
878
854
744
Total cooling consumption
0
0
0
0
0
Total steam consumption
0
0
0
0
0
Total electricity sold
1
1
1
2
2
Total heating sold
0
0
0
0
0
Total cooling sold
0
0
0
0
0
Total steam sold
0
0
0
0
0
Reduction in energy consumption achieved as a direct result of conservation and efficiency initiatives
2
25
23
20
37
Renewable energy data
Renewable energy generated (billion kJ)
23
22
23
28
28
Renewable energy generated and sold to grid (billion kJ)
1
1
1
2
2
Renewable energy generated and used (billion kJ)
9
9
9
12
13
Renewable energy purchased (billion kJ)
235
451
574
641
760
Percentage grid electricity
80%
60%
51%
44%
32
Percentage renewable electricity
20%
40%
49%
56%
68%
Number of RE100-compliant sites
0
14
20
19
26

Trane Technologies Renewable Energy Sources

Project
Location
Type
2021 Production
2022 Production
2023 Production
REC Treatment
Trenton Solar Project
Trenton, NJ, USA
On-Site Solar PV
1,994 MWh
2,149 MWh
2,172 MWh
Utility owns RECs[1]
Columbia Solar Project
Columbia, SC, USA
On-Site Solar PV
1,575 MWh
1,462 MWh
1,470 MWh
Utility owns RECs[1]​
Galway Solar Project
Galway, Ireland
On-Site Solar Generation
-
-
1 MWh
N/A — No RECs: December 2023 kick off of on-site solar generation
Monterrey Solar Project and Purchased Zero Carbon Electricity
Monterrey, Mexico
On-Site Solar PV
-
-
110 MWh
N/A — No RECs: Portion of purchased electricity is 100% renewable
Taicang Solar Project
Taicang, China
On-Site Solar PV
2,622 MWh
3,599 MWh
6,557 MWh
N/A — No RECs: Company owns renewable energy attributes from 100% of generation
Zhongshan Solar Project and Purchased Zero Carbon Electricity
Zhongshan, China
On-Site Solar PV
-
968 MWh
1,318 MWh
N/A — No RECs: Company owns renewable energy attributes from 100% of generation
Seymour Hill Wind Farm VPPA
Northern Texas, USA
Wind VPPA
105,892 MWh
103,263 MWh
101,053 MWh
Company owns and retires RECs
Use of Zero Carbon Electricity
Bari, Italy; Galway & Shannon, Ireland; Essen, Germany
Direct supply of 100% renewable electricity by local power provider
5,086 MWh
17,062 MWh
24,836 MWh
N/A — no RECs: 100% renewable energy supplied by power provider
Vendor Provides RECs or GOs
Barcelona, Spain; Hastings, NE, USA; Prague & Kolin, Czech Republic; Lynn Haven, FL, Clarksville, TN, Tyler, TX, USA
Power company purchases and retires RECs/Guarentees of Origin (GO) for a portion or 100% of Trane Technologies electricity
44,939 MWh
54,130 MWh
81,680
Power provider retires RECs/GOs on behalf of Trane Technologies

[1] The RECs from this project are owned by the utilities. We purchase replacement RECs, equal to the amount of solar generated by the PV system, from other renewable energy facilities in the U.S.
2019
2020
2021
2022
2023
Waste Generated (metric tons)
Total waste generated
34,968
33,045
34,635
35,457
34,531
Total hazardous waste generated
1,088
943
1,083
1,086
971
Total non-hazardous waste generated
33,880
32,101
33,553
34,370
33,559
Total solid waste generated
10,662
8,886
6,926
6,280
4,654
Reduction in solid waste generated from a 2019 baseline
-
17%
35%
41%
56%
Normalized hazardous waste (metric tons/million USD)
0.08
0.08
0.08
0.07
0.05
Normalized non-hazardous waste (metric tons/million USD)
2.59
2.58
2.37
2.15
1.90
Number of sites that achieved zero waste to landfill by year-end
27
29
32
36
39
Waste Disposal (metric tons)​
Non-hazardous waste to landfill
5,564
6,103
4,230
1,806
1,874
Non-hazardous waste recycled
24,306
24,159
27,710
29,177
29,992
Normalized non-hazardous waste to landfill (metric tons/million USD)
0.43
0.49
0.30
0.11
0.11
Normalized non-hazardous waste recycled (metric tons/million USD)
1.86
1.94
1.96
1.82
1.70
Packaging Data​
Emissions avoided from returnable packaging projects (metric tons CO2e)
140
227
416
276
746
Solid waste avoided from returnable packaging projects (metric tons)
877
1,006
720
504
1,616

2019
2020
2021
2022
2023
Water use (million cubic meters)
2.95
2.79
2.91
2.47
1.97
Normalized water use (cubic meters/million USD)
226
224
206
154
111
Percent of total water use at sites in areas of high to extremely high water stress
11%
9%
9%
10%
12%
Water used in water stressed locations (cubic meters)
310,836
239,109
254,763
246,056
228,613
Reduction in water use in water-stressed regions from 2019 baseline
-
23%
18%
21%
26%
Trane Technologies sites in areas of high to extremely high water-stress
17
17
17
17
17
Wastewater permit exceedances
2
1
3
1
0

Social

Global Workforce

Location
Employee Type
Female
Male
Grand Total
Asia Pacific
Hourly
7.3%
74
92.7%
946
1,020
Salaried
25.4%
1,379
74.6%
4,059
5,438
EMEA
Hourly
6.3%
170
93.7%
2,539
2,709
Salaried
30.5%
789
69.5%
1,795
2,584
Americas
Hourly
25.1%
3,945
74.9%
11,763
15,708
Salaried
31.6%
4,115
68.4%
8,898
13,013
Total
Hourly
21.6%
4,189
78.4%
15,428
19,437
Salaried
29.9%
6,283
70.1%
14,752
21,035

New Employee Hires

Category
2019
2020
2021
2022
2023
Total new hires
-
3,837
7,321
7,432
8,474
Women (global)
-
31.1%
29.2%
30.2%
30.9%
​Salaried​
-
34.5%
35.0%
37.6%
36.0%
Hourly​
-
29.6%
25.6%
26.9%
28.3%
Management​
-
31.5%
32.6%
33.3%
31.5%
Leadership​
-
26.3%
52.0%
45.5%
37.5%
Racially & ethnically diverse overall (U.S.)[1]
-
47.9%
44.2%
50.5%
53.0%
Salaried
-
23.5%
25.5%
28.5%
28.5%
Hourly
-
57.8%
54.1%
59.1%
62.7%

[1] Classified into five minimum categories by the US Census: White, Black or African American, American Indian or Alaska Native, Asian, and Native Hawaiian or Other Pacific Islander

Gender Diversity Data
2019
2020
2021
2022
2023
​
Women
Men
Women
Men
Women
Men
Women
Men
Women
Men
Governance body (Executive Leadership Team)
33.3%
66.7%
12.5%
87.5%
13.3%
86.7%
18.8%
81.2%
20.0%
80.0%
Leadership positions (director level, vice president and above)
23.1%
76.9%
21.7%
78.3%
24.6%
75.4%
26.2%
73.8%
26.5%
73.5%
All management positions (all levels of management)
-
-
21.8%
78.2%
23.1%
76.9%
24.2%
75.8%
25.2%
74.8%
Workforce
24.3%
75.7%
25.3%
74.7%
25.5%
74.5%
25.7%
74.3%
25.9%
74.1%
Members of our Board of Directors[1]


5
7
5
6
5
7
6
6

[1] Members of our Board of Directors as of December 31 of the reported year

Racial & Ethnic Diversity Data
2019
2020
2021
2022
2023
Racially & Ethnically Diverse[1] (US) Overall
-
35.5%
36.4%
37.4%
37.2%
Salaried
-
17.5%
18.4%
19.6%
20.6%
Hourly
-
50.5%
51.6%
52.6%
51.9%
Promotion rates (overall)
-
4.4%
6.5%
6.3%
6.1%
Women
-
5.7%
7.7%
7.9%
7.5%
Men
-
3.9%
6.1%
5.8%
5.6%
Racially & ethnically diverse (US)
-
5.7%
7.0%
7.1%
7.1%
White
-
4.8%
7.5%
7.5%
7.1%

[1] Classified into five minimum categories by the US Census: White, Black or African American, American Indian or Alaska Native, Asian, and Native Hawaiian or Other Pacific Islander

Age Groups (2023)
Under 30 years old
30-50 years old
50+ years old
Percentage of individuals within the organization's leadership positions
0.0%
45.3%
54.7%
Percentage of individuals within the organization's management positions
2.5%
56.3%
41.2%
Percentage of employees
16.6%
54.6%
28.8%

Global Workforce Data
2019
2020
2021
2022
2023
Full-time employees
36,630
34,646
36,434
37,699
40,472
Contractors
3,164
3,108
3,123
4,711
2,368
Key talent retention rate
96.1%
97.2%
94.6%
93.1%
96.4%

Employee Engagement Survey Results

Topic
2019
2020
2021
2022
2023
Diversity and Inclusion Index
-
76
76
77
78
Sustainability Index
-
79
79
80
80
Average Employee Engagement Survey score
-
80
79
80
80
Participation rate
-
90%
89%
88%
87%

U.S. Parental Leave Data
2019
2020
2021
2022
2023

Women
Men
Women
Men
Women
Men
Women
Men
Women
Men
Employees who were eligible for parental leave
4,709
13,725
4,624
11,934
4,978
12,841
5,251
13,500
5,863
14,813
Employees who took parental leave
130
312
106
253
119
263
100
260
121
304
Employees who returned to work[1]
124
306
102
247
112​
258​
97
255
94
248
Return to work rate
95.0%
98.0%
96.2%
97.6%
94.1%
98.1%
97.0%
98.1%
96.7%
99.0%
Employees who returned to work and were still employed after 12 months[2]
85.0%
90.5%
86.9%
89.9%
78.3%​
84.2%​
78.2%
85.6%
87.6%
85.4%

[1] Completed benefits in 2021 and were still employed 30 days after completing benefits.

[2] Completed benefits in 2020 and were still employed 12 months after completing benefits.

Employee & Community Engagement Data
2019
2020
2021
2022
2023
Percent of employees globally who volunteered in community or sustainability initiatives
36%
49%
31%
35%
26%
Volunteer participants
17,044
15,811
10,748
13,571
10,402
Hours volunteered
31,682
20,559
30,041
62,249
92,517

Global Contributions 
2019
2020
2021
2022
2023
Total philanthropic giving
$9,653,427
​$10,933,910
$11,472,236
​$15,892,064
$18,888,100
Value of employee volunteering time during paid working hours
$805,673
$548,284
$784,371
$1,680,782
$2,508,135
Charitable fundraising
$1,007,855
$3,170,136
$1,692,459
$1,544,622
$1,325,627
Charitable contributions
$1,818,910
$1,048,499
$2,235,053
$2,944,494
$4,283,458
In-kind giving
$415,502
$969,319
$1,442,378
$3,767,773
$4,781,849
Administrative overheads
$150,407
$88,893
$103,709
$182,924
$178,946
Trane Technologies Foundation donations to community partners
$5,455,080
$5,108,779
$5,214,266
$5,771,469
$5,810,085
Percent increase year over year in philanthropic giving
-
13%
5%
39%
19%

Average Number of Learning & Development Hours
2019
2020
2021
2022
2023
All employees
8.0
14.0
11.0
10.2
11.5
Salaried employees
9.0
-
17.9
18.1
15.0
Hourly employees
7.0
-
3.5
3.4
8.0

2019
2020
2021
2022
2023
Total recordable incident rate (per 200,000 hours worked)[1]
0.83
0.77
0.94
0.81
0.83
Lost time incident rate (per 200,000 hours worked)[2]
0.10
0.08
0.11
0.14
0.10
Number of Lost time Incidents per million hours worked
0.50
0.40
0.56
0.69
0.52
Employee lost time frequency rate (per million hours worked)
0.49
0.41
0.52
0.65
0.56
Contractor lost-time frequency rate (per million hours worked)
0.58
0.24
1.17
1.18
0.17
Employee occupational illness frequency rate (per million hours worked)
0
0
0
0
0
Work-related fatalities
0
0
0
0
0
Total hours worked (among employees and supervised employee contractors)
79,533,516
73,055,721
76,628,585
81,632,243
84,267,679

[1] (recordable injuries x 200,000) / total hours worked by employees

[2] (recordable injuries resulting in lost work time x 200,000) / total hours worked by employees
2019
2020
2021
2022
2023
Salaried employees trained on anti-harassment (U.S.)
100%
100%
100%
100%
100%
Employees able to access anti-harassment policy
100%
100%
100%
100%
100%
Required salaried employees trained on anti-corruption
100%
100%
100%
100%
100%

2019
2020
2021
2022
2023
Number of diverse suppliers added during the year
-
103
71
113
91
Diverse-owned business spend
$532.0 million
$380.4 million
$435.1 million
$534.8[1] million
$525.1 million
Percent of spend with diverse-owned businesses
-
6.0%
6.8%
6.6%[1]
6.3%
Percent increase in diverse-owned business spend
-
11.1%
14.3%
22.9%[1]
-1.8%
Diverse-owned business spend since inception of program in 2013
>$2.6 billion
>$3 billion
>$3.4 billion
>$3.9 billion[1]
$4.4 billion
Percent of spend with women-owned businesses
-
3.8%
4.1%
4.2%[1]
3.9%
Percent increase in women-owned business spend
-
18.8%
15.4%
18.2%[1]
-5.8%

[1] Data has been updated to reflect refinements in data collection process.

Governance

Lobbying Expenditures
2019
2020
2021
2022
2023
Total monetary value of Trane Technologies’ financial and in-kind lobbying contributions made directly and indirectly by the organization.
$680,370
$632,680
$804,508
$920,975
$988,445
Employee contributions to Trane Technologies’ political action committee (U.S. Only)
$27,658
$22,056
$15,284
$12,391
$13,003

Products & Innovation
2019
2020
2021
2022
2023
Product Life Cycle Data​
New product development projects generated or improved by the Product Development Process
-
194
181
212
230
Avoided emissions from refrigerant reclamation program (metric tons CO2e)
-
177,350
197,064
206,164
213,918
Materials Data​
Percentage of recycled input materials used to manufacture the organization’s primary products and services
-
-
44%
47%
45%
Revenue from remanufactured products and remanufacturing services
-
-
$100 million
$99 million
$104 million

2019
2020
2021
2022
2023
Clean Revenue percentage[1]
25%
30%
35%
38%
41%
Percentage of eligible products, by revenue, that meet Energy Star® criteria
35% of shipment
53% of residential revenue
41% of revenue from Residential Furnaces and Residential & Light Commercial Central Air-conditioners and Heat Pumps
32% of revenue is from products that can meet the efficiency metrics specified by EnergyStar for Residential Furnaces and Residential & Light Commercial Central Air-conditioners and Heat Pumps.
17% of revenue is from products that can meet the efficiency metrics specified by EnergyStar for Residential Furnaces and Residential & Light Commercial Central Air-conditioners and Heat Pumps.
Revenue from renewable energy-related and energy efficiency-related products
Approximately 25% of product & revenue contribute to clean energy transition
Approximately 30% of products & revenue contribute to clean energy transition
Approximately 35% revenue from products and services that contribute to the clean energy transition
Approximately 38% revenue from products and services that contribute to the clean energy transition.
Approximately 41% revenue from products and services that contribute to the clean energy transition.
Projects meeting or exceeding quality, design, and cost goals
-
85%
>85%
>80%
78%

[1] This is an estimation of the percentage of revenue Trane Technologies defines as Clean Revenue.
2019
2020
2021
2022
2023
Average revenue from innovation
18.6%
20.5%
20.5%
21.2%
26.9%
Research and development expense[1]
$236 million
$165 million
$193 million
$211 million
$252 million
Business development spend
-
-
>$300 million
>$300 million
>$900 million
Percent of business development spend focused on sustainability-related objectives
-
-
>90%
>90%
>90%
New products and services launched
-
54
62
69
98
New patent filings
-
-
>145
>145
>125

[1] As reported in accordance with U.S. generally accepted accounting principles (GAAP), excludes capitalized research and development costs.
2019
2020
2021
2022
2023
Supplier data
Number of Trane Technologies suppliers across the globe
-
15,467
25,000
27,539
27,781
Combined annual spend for direct and indirect commodities
$10.2 billion
$8.3 billion
$8.6 billion
$100 billion
$94 billion
Direct spend with preferred suppliers
42%
35%
35%
29%
17%
Preferred suppliers enrolled in ESG reporting platform
-
-
100%
100%
100%
Supplier risk assessment data
Total number of suppliers audited for sustainability and business risks through On‑Site Assessment (OSA) audits
-
1,500
1,600
968
675[1]
Direct material spend subject to On-Site Assessments
86%
69%[2]
93%
95%
73%[1]
Direct material spend assessed on a quarterly basis for risk
100%
100%
100%
100%
100%
Percentage of new suppliers that were screened using environmental and social criteria
-
-
100%
100%
100%
Number of suppliers assessed for environmental and social impacts
501
321
209
299
225
Number of suppliers identified as having significant actual and potential negative environmental or social impacts
0
0
0
0
0
Significant actual and potential negative environmental or social impacts identified in the supply chain
-
0
0
0
0
Percentage of suppliers identified as having significant actual and potential negative environmental or social impacts with which improvements were agreed upon as a result of assessment
-
0%
0%
0%
0%
Percentage of suppliers identified as having significant actual and potential negative environmental or social impacts with which relationships were terminated as a result of assessment
-
0%
0%
0%
0%
Logistics Data​
Reduction in empty truck miles drivin through Dedicated Carrier Program
-
-
-
16%
87%
Emissions avoided through Dedicated Carrier Program (metric tons CO2e)
-
-
-
1,895
2,553

[1] The reduction in On-Site Assessments reflects the transition to a 5-year versus a 3-year renewal standard

[2] Due to COVID, we were unable to go on-site to conduct many of the planned OSAs.