Trane Technologies Named to Dow Jones Sustainability North America Index for Tenth Consecutive Year
November 16 2020 - 5:30AM
Business Wire
Trane Technologies (NYSE:TT), a global climate innovator, has
been named to the Dow Jones Sustainability North America Index
(DJSI), in the capital goods sector. This is the tenth consecutive
year the company has achieved this prestigious ranking, and the
first as Trane Technologies.
“It’s an honor to be recognized by DJSI as a company with a
longstanding commitment to sustainability and a proven history of
best-in-class environmental, social and governance practices,” said
Mike Lamach, chairman and chief executive officer of Trane
Technologies. “Sustainability is central to our strategy, core to
how we operate, and embedded in every facet of our business. Our
employees around the world are aligned to one purpose – to boldly
challenge what’s possible for a sustainable world. I want to thank
them for all they do to help our company, our customers and our
industry to create positive change.”
The Dow Jones Sustainability Indices were the first global
indices to track the leading sustainability-driven public companies
based on an analysis of financially material environmental, social
and governance factors. The indices serve as benchmarks for
investors who integrate sustainability considerations into their
portfolios and provide an engagement platform for companies seeking
to adopt sustainable best practices. The Dow Jones Sustainability
North America Index represents the top 20% of the largest 600 North
American companies in the S&P Global BMI based on long-term
economic, environmental and social criteria. Trane Technologies’
inclusion for the past decade underscores the company’s commitment
to incorporating sustainable practices into every aspect of its
business including leading by example in its own operations,
solving for customers’ climate impact with the Gigaton Challenge,
and creating opportunity for all.
Boldly Challenging What’s
Possible
Trane Technologies, and its leading brands Trane and Thermo
King, is helping solve for some of the world’s biggest
sustainability challenges and inspiring industry change with its
2030 Sustainability Commitments. These commitments include a pledge
to reduce customer greenhouse gas emissions by one gigaton (2% of
the world’s annual emissions), carbon-neutral operations, gender
parity in leadership and a workforce reflective of the communities
it serves. Trane Technologies is also making a positive difference
in the community with significant investments in healthy
environments for learning, access to education and workforce
development.
Earlier this year, Trane Technologies debuted as a company
focused on climate innovation after completing its Reverse Morse
Trust transaction with Gardner Denver, now known as Ingersoll
Rand.
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.
About S&P Dow Jones Indices
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
products based on our indices than products based on indices from
any other provider in the world. Since Charles Dow invented the
first index in 1884, S&P DJI has been innovating and developing
indices across the spectrum of asset classes helping to define the
way investors measure and trade the markets.
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Jennifer.regina@tranetechnologies.com Investors Contact:
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zachary.nagle@tranetechnologies.com
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