Trane Technologies, a global climate innovator, announced that it plans to cut its product carbon emissions by nearly 50 per cent by 2030, and that its ambitious emissions reduction targets have been validated by the Science Based Targets Initiative (SBTi).

Cutting product emissions in half over the next decade supports Trane Technologies’ 2030 Sustainability Commitments, including its Gigaton Challenge to reduce customer emissions by one billion metric tonne. It also supports the Paris Agreement goal to limit global warming to 1.5 degrees Celsius, which will require net-zero global carbon emissions by 2050.

“As a climate innovator, we can make a significant contribution to solving climate change,” said Mike Lamach, chairman and chief executive officer for Trane Technologies. “About 15 per cent of the world’s carbon emissions come from heating and cooling buildings, and another 10 per cent from global food loss. We are transforming our operations and revolutionising the way the world heats and cools buildings and moves refrigerated goods.

“The SBTi-validation adds third-party credibility to our actions - we have real commitments, based on facts and data, that are externally validated and aligned with climate science. It will take a global response to address the growing climate emergency. We urge other companies to join us in taking bold actions to reduce greenhouse gas emissions and backing them up with science-based targets. Our team around the world is working hard every day to fulfill our purpose and pioneer a more sustainable and equitable future.”

Trane Technologies takes a collaborative approach to sustainability through its Center for Energy Efficiency and Sustainability (CEES) and partnerships with governments, environmental leaders, NGOs, and its Advisory Council on Sustainability. Andrew Winston, environmental consultant, author of Green to Gold, and member of the advisory council added, “Trane Technologies’ science-based targets are an important step in the right direction. Companies can play an active role in the fight against climate change if they set goals ? and live by them ? to cut emissions at the rapid pace that science demands."