SWORDS, IRELAND—Trane Technologies, a global climate innovator, has been named to The Wall Street Journal’s list of the Best-Managed Companies for the third consecutive year. The ranking, developed by the Drucker Institute, measures corporate effectiveness, based upon five principles: customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength.
“At Trane Technologies, we believe that bold ambition drives action, impact, and results. We’re honored to be recognized by The Wall Street Journal and the Drucker Institute as one of the Best-Managed Companies for a third consecutive year, validating continued strong financial performance and meaningful progress on our sustainability commitments,” said Dave Regnery, chair and CEO, Trane Technologies. “I’m proud of our leadership team and our people around the world who innovate every day to transform our industry and create a more sustainable world.”
Trane Technologies is leading the way in the decarbonization of buildings, industry and the cold chain and inspiring global change with its 2030 Sustainability Commitments. These commitments reflect the actions the company is taking to bend the curve on climate change—including the Gigaton Challenge and a long-term goal of net-zero emissions by 2050. The company was first in its industry to have its net-zero targets approved by the Science Based Targets initiative (SBTi).
With its Opportunity for All commitment, Trane Technologies is investing $100 million and 500,000 employee volunteer hours into programs that support the company’s corporate citizenship strategy, Sustainable Futures. This strategy focuses on uplifting and engaging students from underrepresented communities through early introduction to STEM and sustainability concepts and experiences that support entry into STEM and sustainability careers.
The company’s progress toward its 2030 Sustainability Commitments is tracked through comprehensive Environmental, Social, and Governance (ESG) reporting.
