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Trane Technologies Unveils Its Latest ESG Report, Highlights Progress Toward Bold Social and Environmental Sustainability Goals

Trane Technologies (NYSE:TT), a global climate innovator, today released its 2021 Environmental, Social and Governance (ESG) Report, Transform Tomorrow, Today, which highlights notable progress toward ambitious, science-based greenhouse gas emission reduction targets, diversity and inclusion commitments, and other sustainability goals.

"In 2021, we continued to set the pace in our industry for what's possible for a sustainable world," said Dave Regnery, chair and CEO of Trane Technologies. "We exceeded or met our annual targets for nearly all our 2030 Sustainability Commitments, demonstrating tangible progress on our glidepath toward significant reductions in carbon emissions, energy use, and waste and water, while increasing representation of women in leadership, and workforce diversity reflective of our communities. Through the power of our people, we continue to innovate, take bold action and transform the world for a better tomorrow."

Starting in 2021, Trane Technologies also linked executive and senior leader compensation to its ESG metrics, including emissions reduction, women in management, and diversity.

Key figures from the Transform Tomorrow, Today report include progress toward Trane Technologies' 2030 Sustainability Commitments, as compared to 2019 baseline:

Additional 2021 ESG progress highlights from Transform Tomorrow Today:

Beyond comprehensive, transparent ESG data, Transform Tomorrow, Today spotlights stories of people, projects and programs that put the company's 2030 Sustainability Commitments in action.

Trane Technologies' ESG reporting is aligned with the Task Force on Climate-Related Financial Disclosures (TCFD), the Global Reporting Initiative (GRI) and the Sustainable Accounting Standards Board (SASBI). The Company's 2030 Sustainability Commitments are also aligned with the United Nations' Sustainable Development Goals (SDGs) on Gender Equality (SDG5), Affordable Clean Energy (SDG7) and Climate Action (SDG13), with further support toward additional SDGs including SDG2, 3, 4, 9, 10, 11 and 12.

To see the full report, visit tranetechnologies.com/esg.

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.

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