Trane Technologies (TT)

Overall impact
C (53)

Commentary

Trane Technologies is an average overall performer. With a 'C' rating of 53.3 for overall impact (48th percentile compared to all companies), Trane Technologies ranks 35th out of 76 industry peers, behind Cummins, Ocean Power Technologies, Ideal Power and 31 others, and ahead of Piedmont Lithium, Jason Industries, Moog and 38 others. On top material causes for Trane Technologies's industry (Manufacturing), Trane Technologies performs well in Reduced Green House Gas Emissions (82.3 score) and Racial Justice and Civil Rights (86.9) and performs poorly in Affordable, Safe Housing (38.4 score), Fair Labor Practices (8.7), Reduced Waste (30.8) and 2 other causes where it received a 'D' or 'F' score.
Impact
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Company
Founded
1885
Employees
44,000
Sector
Consumer Discretionary
Industry
Automobiles
Sub-industry
Motorcycle Manufacturers
SASB industry
Electrical & Electronic Equipment
Headquarters
Ireland
Share classes
TT
Description
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, cryogenic refrigeration, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self-powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, and ventilation solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; ultra-low temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; and water source heat pumps, as well as aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.
Material causes
Ethos considers the following causes material for Trane Technologies, based on its industry sub-industry Motorcycle Manufacturers. Learn more about material causes in our methodology overview.
Not available

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