Trane Technologies PLCTrane Technologies PLC - ESG Rating & Company Profile powered by AI

Industry Group:Industrial Machinery & Equipment

This SDG score for Trane Technologies PLC indicates its reporting of the United Nations SDGs. The ESG score includes 17 UN SDGs including: 'Gender Equality', 'Reduced Inequalities' and 'Life below Water'. If you are employed by Trane Technologies PLC and you would like to licence your Sustainability rating, please contact us.

Trane Technologies PLC in the Industrial Machinery & Equipment industry gained a UN SDG ESG Transparency Score of 4.3; made up of an environmental score of 2.0, social score of 4.0 and governance score of 6.9.

SDG Transparency Score for Trane Technologies PLC 
Low
0 - 3

4.3

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Trane Technologies PLC 
2.0

Environmental

4.0

Social

6.9

Governance

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Eimco Elecon India Ltd
8.0
High
1Gates Global Inc
8.0
High
144Scantech Ltd
4.4
High
144Uster Technologies Ltd
4.4
High
148Trane Technologies PLC
4.3
High
148Core & Main Inc
4.3
High
148Badger Meter Inc
4.3
High
.........
294Zhongji Innolight Co Ltd
0.0
Low
294Zhuhai Bojay Electronics Co Ltd
0.0
Low
.........

Frequently Asked Questions

Does Trane Technologies PLC have an accelerator or VC vehicle to help deliver innovation?
Does Trane Technologies PLC disclose current and historical energy intensity?
Does Trane Technologies PLC report the average age of the workforce?
Does Trane Technologies PLC reference operational or capital allocation in relation to climate change?
Does Trane Technologies PLC disclose its ethnicity pay gap?
Does Trane Technologies PLC disclose cybersecurity risks?
Does Trane Technologies PLC use carbon offsets or credits exclusively for residual emissions (typically less than ~0.5–5% of total emissions)?
Does Trane Technologies PLC offer flexible work?
Does Trane Technologies PLC have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does Trane Technologies PLC disclose the number of employees in R&D functions?
Does Trane Technologies PLC plan to change its portfolio composition to lower the emissions intensity of its energy mix (e.g., by shifting from oil to gas, or by adding lower-carbon options like hydrogen, e-fuels, bioenergy, etc.)?
Does Trane Technologies PLC conduct supply chain audits?
Does Trane Technologies PLC disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')
Does Trane Technologies PLC conduct 360 degree staff reviews?
Does Trane Technologies PLC disclose the individual responsible for D&I?
Does Trane Technologies PLC disclose current and historical air emissions?
Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')
Is executive remuneration linked to climate performance?
Does the Board describe its role in the oversight of climate-related risks and opportunities?
Does Trane Technologies PLC disclose current and / or historical scope 2 emissions?
Does Trane Technologies PLC disclose water use targets?
Does Trane Technologies PLC have careers partnerships with academic institutions?
Did Trane Technologies PLC have a product recall in the last two years?
Does Trane Technologies PLC disclose incidents of discrimination?
Does Trane Technologies PLC allow for Work Councils/Collective Agreements to be formed?
Has Trane Technologies PLC issued a profit warning in the past 24 months?
Does Trane Technologies PLC disclose parental leave metrics?
Does Trane Technologies PLC disclose climate scenario or pathway analysis?
Does Trane Technologies PLC disclose current and / or historical scope 1 emissions?
Does Trane Technologies PLC explicitly state that carbon offsets or credits are separate from its emissions-reduction progress or that they are not counted toward its emissions-reduction targets?
Are Operating Expesnses linked to emissions reduction?
Does Trane Technologies PLC disclose the pay ratio of women to men?
Does Trane Technologies PLC support suppliers with sustainability related research and development?
Does Trane Technologies PLC disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does Trane Technologies PLC reflect climate-related risks in its financial statements?
Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')
Is Trane Technologies PLC involved in embryonic stem cell research?
Does Trane Technologies PLC disclose GHG and Air Emissions intensity?
Does Trane Technologies PLC disclose its waste policy?
Does Trane Technologies PLC report according to TCFD requirements?
Does Trane Technologies PLC plan to mitigate emissions from future new production assets through measures such as electrifying equipment, carbon capture and storage, repurposing waste gas, methane leak detection and repair, eliminating flaring, etc.?
Does Trane Technologies PLC disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does Trane Technologies PLC disclose energy use targets?
Does Trane Technologies PLC disclose its Renewable Energy targets?
Are emissions metrics verified by STBi?
Does Trane Technologies PLC have a policy relating to cyber security?

Potential Risks for Trane Technologies PLC
These potential risks are based on the size, segment and geographies of the company.

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers in the United States; and through sales and service companies with a supporting chain of distributors worldwide. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

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