Trane Technologies
CEF Lead Executives
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SCOTT TEWList Item 1
CEF LEADERSHIP COUNCIL
VP, Sustainability & Managing Director, Center for Energy Efficiency & Sustainability and Center for Health and Efficient Spaces
Scott is responsible for forward-looking sustainability initiatives aimed at transitioning to more efficient and climate-friendly solutions without compromising health or resource impacts. In addition, Scott serves as a thought leader in linking public policy, ecomic impacts and a value- stream approach to sustainability. His recent efforts have led to the development of world-class initiatives, including introduction of the company’s comprehensive 2030 targets, an SBTi validated Net Zero target, the creation of the EcoWiseTM portfolio, launch of the largest customer-facing corporate commitment to combat climate change with the Gigaton Challenge. He serves on the Advisory Council of the Global Sustainability Centre; as the immediate past board chair of the World Environment Center and the USBCSD. He serves on the rth Carolina Energy Policy Council where he chairs the Energy Efficiency policy committee and was named NC Industry Energy Leader of the Year by Charlotte Business Journal. He is a past recipient of the “Leading the Way” award in CSR by Corporate Responsibility Magazine.
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EMILY VESLING
Senior Manager Sustainability
Emily focuses on strategic sustainability issues including Trane Techlogies’ net-zero pathways, Science Based Targets, investor resources, partnerships and engagements like World Ecomic Forum, external councils and climate strategy. Previously at Trane, Emily led the supply chain sustainability program, successfully incorporating sustainability into sourcing practices, identifying environmental, social and governance risk within the supply chain, as well as enabling sustainable supplier partnerships. Emily earned a Bachelor of Science degree in environmental science from St. Bonaventure University and a Master of Science degree in environmental sustainability from the Rochester Institute of Techlogy. Emily previously held sustainability management positions for Husqvarna Group, Time Warner Cable, and the U.S. Postal Service.
Sustainability Goals
Sustainability Goals
2030 Goals:
- Reduce one gigaton (one billion metric tons) of carbon emissions from our customers’ footprint
- Reduce product carbon emissions by nearly 50%
- Achieve carbon neutral operations, which includes a 90% reduction in Scope 1 and 2 GHG emissions and a 97% in Scope 3 emissions per cooling ton across its global operations
- Deliver zero waste to landfills (54% of global operations have reached zero waste as of 2020)
- Become net positive in water use (reduced water usage by 18% in water-stressed areas as of 2020)
- Achieve 10% absolute reduction in energy consumption
- Design systems for circularity
- Increase women in management roles globally (increased senior leadership positions held by women from 21.7% in 2020 to 24.6% in 2021)
- Improve racial and ethnic diversity in its US salaried workforce (increased racially or ethnically diverse salaried U.S. employees from 17.4% in 2020 to 18.4% in 2021)
2050 Goals:
- Reach net zero in line with 1.5°C pathway
Latest Sustainability Reporting
2022 ESG Report (May 2023)
Highlights
- Reduced 93 million metric tons of CO2 equivalent from customers’ emissions since 2019 as part of company’s Gigaton Challenge;
- Reduced Scope 1 and 2 emissions (CO2e) by 129,506 metric tons (31%) from a 2019 baseline;
- Improved energy efficiency by 18% (2019 baseline);
- Met 56% of electricity demand with renewables in 2022;
- 20% of annual steel purchases were low carbon steel in 2022;
- Decreased water use by 22% in water-stressed regions, and 16.7% overall;
- Reduced solid waste by 40% (2019 baseline) in 2022, including 2,424 metric tons through returnable packaging projects;
- Spent $607 million with diverse-owned suppliers in 2022 and added 113 new diverse suppliers;
- Increased women in management from 23.1% to 24.2%, and women in leadership from 24.6% to 26.2% in 2022;
- Increased racial and ethnic diversity of salaried employees from 18.4% to 19.6% in 2022;
- Included in Dow Jones Sustainability North America Index for 12th consecutive year;
- Ranked 18th on JUST 100 list, first in Building Materials & Construction industry.
Recent News
2024
CORPORATE KNIGHTS — Released its 20th annual Global 100 List, ranking the world’s most sustainable companies along 25 indicators, out of 6,000 public companies with revenues of over $1 billion. In 2024, top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% last year, and compared to just 17% of investments of publicly traded companies with more than $1 billion in revenue. The top ranked company was Sims Ltd, an Australian waste management company that moved up from #14 in 2023. CEF Members in the Global 100 include: Schneider Electric (#7), Trane Technologies (#23), Cisco (#64), HP Inc. (#67), Apple (#71), Unilever (#76), Hewlett Packard Enterprise (#81), and Prologis (#87). (Jan 2024)
2023
Announced it has fulfilled its August 2021 commitment to deliver fully electric, zero direct emission Thermo King refrigeration solutions for every segment of the cold chain in the Europe, Middle East and Africa region by 2023. (Dec 2023)
Launched Trane Autonomous Control Powered by BrainBox AI, a new artificial intelligence (AI) and cloud-based service that provides building owners and facility managers a new tool to reduce energy consumption and achieve decarbonization goals. The tool uses AI to identify and implement optimization actions, using variables such as predictive weather data and occupancy trends.
INFLUENCEMAP — Released its 2023 Global Leaders list identifying 27 companies globally that have achieved best practices in climate policy advocacy, including: engaging positively, and actively, aligning climate policy with science-based pathways to achieve Paris goals, and not demonstrating a “highly negative” indirect influence through industry associations. 16 of 27 are headquartered in Europe, six in Japan, and five in the U.S. CEF members in the list include Apple, Salesforce, Trane Technologies, and Unilever. (Sept 2023)
In a letter to the North Carolina governor and General Assembly, 22 companies, universities and trade associations urged elected officials to consider policies and programs that will increase access to cost-effective, clean energy technologies. The signatories also affirmed their support of North Carolina’s goal to reduce emissions by 70% by 2030 and achieve 100% carbon-free electricity by 2050. Companies include CEF members Trane Technologies and Unilever. (March 2023)
Approved the use of Hydrotreated Vegetable Oil (HVO) as a sustainable alternative to diesel fuel in Thermo King global cold chain solutions, including refrigerated truck and trailer product lines. HVO reduces greenhouse gas emissions by 90% and particulate matter by more than 30%. (March 2023)
2022
Announced it would purchase low-carbon steel from Nucor and U.S. Steel, covering 20% of Trane’s annual steel purchases, and reducing annual CO2 emissions by nearly 16,000 metric tons. The steel will be used to build high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centers. (Nov 2022)
ACTION DECLARATION ON CLIMATE POLICY ENGAGEMENT — More than 50 global companies, with almost $900 billion in annual revenues, committed to ensuring that their climate policy engagement, and that of their industry associations, helps address climate change, rather than stall it. The declaration also includes the monitoring and disclosing of climate policy alignment for signatory companies and their major industry and trade associations. CEF member signatories include: Ecolab, Hewlett Packard Enterprise, Schneider Electric, Trane Technologies, and Unilever. (Nov 2022)
Announced it is the first in its industry, and one of just 11 companies worldwide to date, to have its net-zero carbon emissions targets approved by the Science Based Targets initiative (SBTi). This includes a 90% reduction in GHG emissions across its global operations (scope 1 and 2), and a 97% reduction in emissions per cooling ton from the company’s largest source of emissions—Scope 3 customer use of the company’s products. The latter feeds into Trane Technologies’ “Gigaton Challenge,” a commitment to eliminating one billion metric tons of GHG emissions from its customers’ footprint by 2030. (May 2022)
Over 90 total companies, municipalities, states, and other organizations have joined the Department of Energy’s (DOE) Better Climate Challenge, committing to reducing portfolio-wide Scope 1 and 2 GHG emissions by at least 50% within 10 years. Signatories will collaborate to identify pathways for improvement, and the DOE will provide technical assistance and convene peer-to-peer solution exchanges. CEF members GE, Honeywell, International Paper, Siemens, and Trane Technologies are among the signatories. (March 2022)
27 companies that collectively generate over $1.2 trillion in annual revenue and have 1.4 million employees sent an open letter calling bold climate action a “business imperative” and urging House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer to enact the Build Back Better Act’s climate and clean energy provisions. They said the provisions would “help spur private sector investment at the scale needed” to help them meet their long-term climate goals and would greatly affect opportunities for exporting low-carbon technologies, products, and expertise. The letter was organized by the Center for Climate and Energy Solutions (C2ES), and signatories include CEF members Duke Energy, Ford, GE, HP Inc., Schneider Electric, and Trane Technologies. (Feb 2022)
THERMO KING — Trane Technologies subsidiary Thermo King says it will be the first transport refrigeration brand to use a lower global warming potential (GWP) refrigerant as standard in its truck and trailer units. About `650,000 metric tons of CO2e will be avoided by fleet units annually, a nearly 50% reduction. Thermo King says the refrigerant is the “most sustainable” one in the market. (Jan 2022)
2021
Reuters announced its 2021 Responsible Business Awards winners, recognizing companies that are truly having an impact on business, society and the environment, and delivering a new blueprint for business in the 21st Century. The following CEF members were classified as winners in the following categories (Oct 2021):
- Samsung earned the Circular Transition Award
- Trane Technologies earned the Business Transformation Award
- Morgan Stanley earned the Sustainability Trailblazer Award
- PepsiCo was highly commended for the Diversity, Equity & Inclusion Award
THERMO KING —
The Trane Technologies subsidiary
unveiled a
new trailer refrigeration system with zero direct carbon emissions and silent operation. It has a fully electric refrigeration unit and battery storage and can run on low- or zero-emission power sources. (Nov 2021)
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The US State Department, through Special Presidential Envoy for Climate
John Kerry, and the
World Economic Forum
launched the
First Movers Coalition,
a
public-private partnership to accelerate green technologies’ commercial viability and decarbonize 8 hard-to-abate sectors by 2030. The
32 founding corporate signatories, accounting for over $8 trillion in market capitalization,
will sign purchasing commitments tailored to create market demand for the technologies. CEF members
Amazon, Apple, Bank of America, Boeing,
and
Trane Technologies are signatories.
Breakthrough Energy is the Primary Implementation Partner. (Nov 2021)
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14 countries—including the
U.K., Germany, Brazil,
and India—signed
the
largest ever global commitment on appliance energy efficiency:
a new
Product Efficiency Call to Action, launched by the
UK government
and the International Energy Agency. The countries committed to
doubling the energy efficiency of 4 appliances
accounting for 40% of global electricity consumption
(air conditioners, refrigerators, industrial motor systems, and lighting)
by 2030. The commitment is supported by the
SEAD initiative and
Clasp, with the
Climate Group's EP100 initiative of 129 companies and partners (including CEF members
Schneider Electric, Siemens, and
Trane Technologies) also announcing support. (Nov 2021)
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TERRA CARTA SEAL RECIPIENTS —
HRH The Prince of Wales’ initiative and Corporate Knights
awarded their inaugural “Terra Carta Seal” to 45 companies
that are putting “Nature, People and Planet at the heart of” economic value creation.
All recipients have aligned with the
Terra Carta charter, committed to achieving net zero by 2050 or halving GHG emissions by 2035, and committed to standardizing their reporting metrics. Recipients include CEF members
Amazon, Bank of America, Hewlett Packard Enterprise, HP Inc., PepsiCo, Trane Technologies,
and Unilever.
(Nov 2021)
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Committed to
reaching net zero by 2050 in line with the 1.5°C pathway.
(Nov 2021)
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Drawdown Labs—Project Drawdown’s private-sector consortium for scaling net-zero solutions—released a
new guide to
help all “climate-concerned employees” apply their skills to the climate crisis and hold their company accountable for climate action.
“Climate Solutions at Work: Unleashing your employee power” highlights
job functions with “untapped potential to drive climate action” and opportunities for employees to push their company “beyond net zero.” The Drawdown Labs consortium includes CEF members
Google and
Trane Technologies. (Oct 2021)
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THERMO KING —
The
Trane Technologies subsidiary will
invest $100 million under its evolve™ portfolio to create a fully electric product for every segment of the cold chain,
including refrigeration solutions for air, rail, truck, trailer, and marine transport. The solutions will be delivered in EMEA by 2023 and in the Americas by 2025. (Sept 2021)
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RE100
— The RE100 companies, which are committed to 100% renewable electricity, now have an electricity demand greater than that of the U.K. or Italy and are on track to save CO2 emissions equal to burning over 118 million tons of coal per year. RE100 members include
CEF Members:
3M, Apple, Bank of America, Bloomberg, Dell Technologies, Ecolab, Facebook, General Motors, Google, Hewlett Packard Enterprise, HP Inc., Johnson & Johnson, JPMorgan Chase & Co., Mastercard, McKinsey & Co., Microsoft, Morgan Stanley, PepsiCo, Procter & Gamble, Siemens AG, TD Bank Group, Trane Technologies, Unilever,
and Visa.
(July 2021)
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Women in Climate Tech
— The group—including
Trane Technologies, Microsoft, and PG&E—announced a new TCFDW program to create a TCFD-aligned toolkit governments and businesses can use to better investors’ understanding of the relationship between climate change and gender equity, assess risks posed on net-zero commitments as a result of gender inequity, and assess opportunities that emerge from addressing inequity along with climate change solutions. (June 2021)
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Committed $100 million and 500,000 volunteer hours as part of its multi-year “Sustainable Futures” strategy to expand STEM access for underrepresented students, support healthy classrooms, and promote skill building for green careers. (May 2021)
Announced its executive and senior leader incentive plan is now directly linked to ESG metrics in alignment with its 2030 Sustainability Commitments. ESG factors relate to its goals of reducing customer emissions by a billion metric tons, achieving net-carbon neutral emissions across its global footprint by 2030, increasing women in management roles globally, and improving racial and ethnic diversity in its US salaried workforce. (May 2021)
More than 300 businesses representing over $3 trillion in annual revenue and employing nearly 6 million US workers signed an open letter calling upon President Biden to adopt a GHG emissions reduction target of at least 50% by 2030 (2005 baseline). Organized by the We Mean Business coalition and Ceres, signatories of the letter included: Apple, Dell Technologies, Facebook, Google, Hewlett Packard Enterprise, HP, Johnson & Johnson, Mastercard, McDonald’s, Microsoft, Siemens, Trane Technologies, Unilever, and VF Corporation. (April 2021)
Thermo King, a brand of Trane Technologies, launched a new air purification system for public buses, independently proven to be 98% effective in deactivating certain viruses, including a surrogate for the virus that causes COVID-19. (April 2021)
A coalition of companies, environmentalists, and energy trade groups—including Google, HPE, and Trane Technologies—sent President Biden a letter and memo urging adoption of “higher-impact carbon-free federal electricity procurement.” (April 2021)
Climate Solutions 101 (Project Drawdown, Trane Technologies, Intuit, Chris Kohlhardt) — An immersive, multimedia educational experience to move people “from knowledge to action” to mitigate climate impacts. (March 2021)
Announced 15 manufacturing locations have transitioned to 100% renewable energy. (March 2021)
Committed to reducing product carbon emissions by nearly 50% by 2030 and announced its plans to cut product carbon emissions nearly 50% by 2030 were validated by the Science Based Targets Initiative. (March 2021)
Announced its Thermo King all-electric, zero-emissions refrigeration unit for last-mile delivery is available in the U.S., following a successful rollout in EMEA. (March 2021)
A major new coalition, “America is All In,” launched to mobilize bold climate ambitions nationally and uphold the federal government’s commitment to climate action—specifically to cut U.S. emissions in half or more by 2030 and reach net-zero by 2050. Co-led by UN Special Climate Envoy Michael Bloomberg, the coalition effectively merges We Are Still In and America’s Pledge and is the most expansive effort ever assembled to support climate action in the U.S., involving U.S. businesses, cities, states, tribal nations, schools, and faith groups, health care organizations, and cultural institutions. Large companies involved include: 3M, Adobe, Amazon, Apple, ADM, Autodesk, BASF, Best Buy, Cargill, Carrier Corporation, The Clorox Company, Coca-Cola, Danone N.A., Dell Technologies, Dow Inc., DSM N.A., DuPont, eBay, Edison International, Facebook, Gap, General Mills, Google, Hewlett Packard Enterprise, HP, Inc., IKEA U.S., Johnson & Johnson, Johnson Controls, Kellogg Company, LafargeHolcim, Levi Strauss & Co., L’Oréal, Mars Incorporated, McDonald’s, Microsoft, Mondelez International, National Grid, Nestle, NIKE, Novozymes, PG&E Corporation, PepsiCo, Salesforce, Siemens, Sony Corporation of America, Starbucks, Steelcase, Target, Tiffany & Co., Trane Technologies, Verizon, VF Corporation, Walmart, and Waste Management. (February 2021)
Corporate Knights released the 2021 Global 100 Index, which ranks the world’s most sustainable companies based on environmental and financial indicators. CEF members honored include Cisco, Google, Hewlett Packard Enterprise, HP, Trane Technologies, Siemens, and Unilever. (January 2021)
2019-2020
A group of more than 300 businesses — including Dow, Microsoft, PepsiCo, Tiffany & Co., Trane Technologies, VF Corporation, and Visa — have called on U.S. Congress to “build back a better economy by infusing resilient, long-term climate solutions into future economic recovery plans.” The effort was organized by Ceres and other partner organizations. (May 2020)
Ingersoll Rand introduced Trane Technologies, a pure-play climate company that will create “efficient and sustainable solutions for buildings, homes, and transportation.” The new company will be led by Michael W. Lamach, who serves as chairman and CEO of Ingersoll Rand. (Dec 2019)
Trane and Thermo King have joined the Alliance to Save Energy 3% Club, RE100, and EP100. They have pledged to improve operational energy efficiency by 3% annually (Alliance to Save Energy 3% Club), set a 100% renewable electricity target for its global operations by 2040 (RE100), and to double energy productivity by 2035 (EP100). (Sep 2019)