Trane Technologies plc (TT)
Frequently Asked Questions About Trane Technologies plc (TT)
Has Trane Technologies received any awards or recognition?
Yes, Trane Technologies has received multiple awards for its commitment to sustainability, innovation, and corporate responsibility. These include recognition from environmental organizations and industry groups for its efforts in reducing emissions and enhancing energy efficiency.
How does Trane Technologies contribute to sustainability?
Trane Technologies is committed to sustainability through its focus on energy efficiency, reducing greenhouse gas emissions, and developing innovative products that minimize environmental impact. The company also aims to achieve net-zero greenhouse gas emissions from its operations and across its value chain by 2030.
How does Trane Technologies impact climate change?
Trane Technologies actively works to mitigate climate change by developing energy-efficient solutions that reduce carbon emissions. The company focuses on creating products that empower customers to lower their energy consumption and promoting sustainable practices in various industries.
How does Trane Technologies support its customers?
Trane Technologies supports its customers by offering a wide range of services, including installation, maintenance, and system optimization, complemented by expert consulting on sustainability practices and energy efficiency to ensure customers achieve optimal performance from their HVAC systems.
How many employees does Trane Technologies have?
As of the latest reports, Trane Technologies employs over 38,000 people globally, with a diverse workforce dedicated to driving innovation, sustainability, and exceptional customer service.
What are some recent innovations from Trane Technologies?
Recent innovations from Trane Technologies include advanced HVAC systems that utilize low-GWP (global warming potential) refrigerants, smart building technology that enhances energy management, and transport refrigeration solutions that improve cold chain logistics while minimizing environmental impact.
What are the main brands under Trane Technologies?
Trane Technologies operates under several well-known brands, including Trane, which specializes in HVAC systems, and Thermo King, a leader in temperature-controlled transportation solutions, as well as other brands focused on sustainable technologies.
What are Trane Technologies' sustainability goals?
Trane Technologies aims to achieve net-zero greenhouse gas emissions across its value chain by 2030, focusing on energy efficiency and sustainable solutions in its operations and products, along with initiatives to support the transition to a low-carbon economy.
What does Trane Technologies plc do?
Trane Technologies plc is a global climate innovator that focuses on sustainable solutions in the areas of heating, ventilation, air conditioning, and refrigeration (HVAC&R). The company designs and manufactures products and services that enhance efficiency, reduce environmental impact, and improve the quality of life for people around the world.
What geographic regions does Trane Technologies serve?
Trane Technologies operates globally, serving customers across North America, Europe, Asia, and other regions, leveraging its extensive distribution network and local expertise to deliver tailored solutions worldwide.
What industries does Trane Technologies serve?
Trane Technologies serves a wide range of industries, including commercial and residential construction, pharmaceuticals, food and beverage, transportation, and industrial manufacturing, providing tailored solutions to meet each sector's unique requirements.
What is the mission of Trane Technologies?
The mission of Trane Technologies is to boldly challenge what's possible for a sustainable world. The company aims to create innovative solutions that provide energy-efficient systems and products, promoting a healthier environment and improved quality of life for communities.
What is the stock symbol for Trane Technologies?
The stock symbol for Trane Technologies plc is TT, and it is traded on the New York Stock Exchange (NYSE). The company's shares are part of various indices that reflect its market performance and investment potential.
What is the vision of Trane Technologies?
The vision of Trane Technologies is to create a more sustainable and efficient world through innovative climate solutions that improve environmental outcomes and foster healthier communities, emphasizing the importance of sustainability in business practices.
What is Trane Technologies' approach to corporate social responsibility?
Trane Technologies adopts a comprehensive corporate social responsibility (CSR) approach that encompasses environmental stewardship, community engagement, and ethical business practices. The company works to create a positive impact on society while focusing on sustainability and promoting diversity and inclusion.
What is Trane Technologies' approach to innovation?
Trane Technologies emphasizes innovation as a driving force behind its product development and service enhancement. The company invests in research and development to create advanced technologies that meet customer needs while addressing climate challenges.
What partnerships does Trane Technologies engage in?
Trane Technologies engages in numerous partnerships with organizations, governmental bodies, and non-profits aimed at advancing sustainability initiatives. These partnerships focus on innovation, energy efficiency, and climate action to help drive industry-wide progress.
What role does digital technology play in Trane Technologies' business?
Digital technology is integral to Trane Technologies' strategy, enabling the company to offer smart, connected solutions that enhance operational efficiency, improve performance, and provide better insights for users to manage their energy use and sustainability goals.
When was Trane Technologies founded?
Trane Technologies was established in 2020 as part of a corporate reorganization that split the legacy Ingersoll Rand into two distinct entities, with Trane Technologies focusing on climate and sustainability solutions while the other part focused on industrial technologies.
Where is Trane Technologies headquartered?
Trane Technologies is headquartered in Swords, Ireland. This location reflects the company's global operations and commitment to delivering innovative, sustainable technologies to customers worldwide.
What is the current price of Trane Technologies plc?
The current price of Trane Technologies plc is 347.94
When was Trane Technologies plc last traded?
The last trade of Trane Technologies plc was at 4:10 pm EDT on April 2nd, 2025
What is the market capitalization of Trane Technologies plc?
The market capitalization of Trane Technologies plc is 86.64B
How many shares of Trane Technologies plc are outstanding?
Trane Technologies plc has 249.00M shares outstanding.