Home Heating & Cooling Trane Technologies Named to S&P Dow Jones Indices

Trane Technologies Named to S&P Dow Jones Indices

432
0
SHARE

SWORDS, IRELAND—Trane Technologies, a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the fourth consecutive year and the North America Index for the fourteenth consecutive year. The company performed in the 98th percentile in the Building Products industry in the S&P Global Corporate Sustainability Assessment (CSA score as of November 22, 2024), with a score of 100 in the Energy category, highlighting excellence in energy consumption and management programs.

“Inclusion in the S&P Dow Jones Sustainability Indices highlights our steadfast commitment and leadership in driving meaningful environmental change,” said Dave Regnery, Chair and CEO of Trane Technologies. “This achievement is a testament to the hard work and dedication of our team members, who consistently strive to fulfill our purpose of boldly challenging what’s possible for a sustainable world.”

Trane Technologies’ inclusion in the S&P Dow Jones Sustainability Indices highlights the company’s leadership and impact in sustainability, as well as its strong financial performance.

Builds On 2030 Sustainability Commitments

In September, the company became the first in its industry to commit to a 40 percent reduction in embodied carbon by partnering with material suppliers and incorporating circular design criteria, addressing the significant carbon footprint of buildings. This commitment builds on Trane Technologies’ 2030 Sustainability Commitments, including the Gigaton Challenge, and its pledge to be net-zero by 2050. The company’s emissions reduction targets have been externally validated by the Science Based Targets Initiative (SBTi).

Renowned for its transparency, credibility and accountability, Trane Technologies has recently received several additional recognitions for its performance and culture. The company was named to The Wall Street Journal’s Management Top 250 ranking for the fourth consecutive year, honored in multiple categories of Extel’s 2024 All-America Executive Team and was included in TIME’s inaugural ranking of the World’s Best Companies for Sustainable Growth.

The Dow Jones Sustainability World Index represents the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index (BMI) based on long-term economic, environmental and social criteria. The North America Index represents the top 20 percent of the 600 largest U.S. and Canadian companies in the S&P Global BMI. The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices, and its scores are used to determine which companies are included in the Dow Jones Sustainability Indices (DJSI).

LEAVE A REPLY