Trane Technologies plc (TT) is a multinational company established in 1871 and headquartered in Swords, Ireland. It is a global climate innovator that brings sustainable and efficient climate solutions to buildings, homes, and transportation. Formerly known as Ingersoll-Rand Inc., the company was renamed Trane Technologies in March 2020 after it spun off its industrial businesses, moving to focus solely on climate control and sustainability products.
The company employs around 36,000 people and serves clients in more than 100 countries. It operates through its strategic business units: Trane and Thermo King. Trane provides efficient and sustainable climate control solutions, offering energy-efficient heating, ventilation, and air conditioning (HVAC) systems for commercial, residential, and light commercial applications worldwide. On the other hand, Thermo King, a pioneer in transport temperature control, designs and produces systems and services for temperature control and remote process management for a variety of mobile applications.
The company leverages its engineering excellence to create and sustain safe, comfortable, and efficient environments. Trane Technologies has a deep commitment to sustainability and is driven by a purpose: to challenge the status quo for more sustainable, efficient, and comfortable buildings. The company has committed to reducing its customers' carbon emissions by one gigaton by 2030, confirming its willingness to make a significant positive impact on the environment.
Trane Technologies' robust innovative strategy is geared towards the creation of smarter, more efficient, and more sustainable solutions that enhance building and transport climate comfort and efficiency. The company invests heavily in research and development (R&D), allowing it to offer innovative products such as the EcoWise portfolio of products, designed to lower environmental impact with next-generation, low global warming potential refrigerants and high-efficiency operation.
In addition, Trane Technologies conducts its business with a high level of integrity, ensuring that its operations and products meet and exceed the environmental, health, and safety regulations in every jurisdiction where it does business. It consistently prioritizes the health and safety of its workforce.
Trane Technologies' leading role in climate control, combined with its deep-seated dedication to sustainability and energy efficiency, assures it a significant position in a world increasingly focused on reducing carbon footprints. The company's outlook continues to thrive on the growing demand for energy-efficient systems, services, and solutions.