Latest news with #Trane®


Associated Press
3 days ago
- Business
- Associated Press
Trane Pioneers First-of-its-Kind Dynamic Closed Loop (DCL) Geothermal System in U.S. for Chicago School District, Revolutionizing Energy Efficiency in Education
DAVIDSON, N.C., June 30, 2025 /3BL/ - Trane® – by Trane Technologies (NYSE: TT), a global climate innovator, has successfully implemented the first Dynamic Closed Loop (DCL) geothermal system in the United States at North Shore School District 112, located in the northern suburbs of Chicago. This groundbreaking project marks a significant milestone in the pursuit of sustainable and efficient energy solutions for educational institutions, setting a new benchmark for energy efficiency in K-12 schools. To watch a video on the project, click here. Faced with aging infrastructure and driven by a commitment to environmental stewardship, North Shore School District 112 sought innovative solutions that would not only address immediate needs but also serve generations of students to come. With strong community support and a successful public referendum, the district collaborated with Trane to explore the potential of geothermal energy. 'The inspiration for green energy and saving taxpayer dollars was at the heart of our project,' said Dr. Michael Lubelfeld, Superintendent, North Shore School District 112. 'Trane's implementation of the DCL technology aligns perfectly with our strategic agenda and core values of sustaining both education and the environment.' Unlike traditional geothermal systems, DCL technology harnesses the superior heat transfer properties of flowing water, requiring significantly less physical space and making it ideal for suburban school settings. The DCL system offers a space-saving energy capture field that reduces environmental disruption, aligning with modern sustainability goals. The innovative approach, combined with strategic use of federal, state, and local incentives, made the DCL system a financially viable option for the school district. North Shore School District 112 realized over $3 million in savings on a $6.67 million HVAC investment – a return of as much as 50%. 'This project is potentially transformative for educational markets nationwide,' said Patrick Heneberry, Trane Services Account Executive. 'When you combine the various available incentives with Trane's experience in sustainable systems and our consultative approach, we're the ideal choice for innovative educational institutions.' The DCL system is expected to reduce the district's carbon footprint by approximately 30% while providing more consistent and comfortable learning environments. With the potential to offer school districts significant annual savings through reduced energy consumption and lower maintenance costs, the DCL system offers a compelling ROI and a clear path to a more sustainable future. 'Being among the first school districts in Illinois to have geothermal and the first in the United States to install the DCL technology is exactly what we want for our schools, students, and community,' said Dr. Monica Schroeder, Deputy Superintendent, North Shore School District 112. 'This pioneering project serves as a model for other K-12 schools nationwide seeking to reduce their carbon footprint and lower operating costs. The project is a testament to how innovative technology can be leveraged to meet both educational and environmental objectives.' # # # About Trane Trane ® – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy efficient indoor environments through a broad portfolio of heating, ventilating and air conditioning systems and controls, services, parts and supply. For more information, please visit or About North Shore School District 112 North Shore School District 112 serves nearly 4,000 Pre-K through 8th grade students from Chicago's northern suburbs — Highland Park, Highwood, and Fort Sheridan. The district's mission is to be a transformative learning organization where curiosity inspires minds, innovation shapes the future, and students, staff, and families engage to create a kind and connected community that is committed to excellence.© 2025 Trane. All Rights Reserved. All trademarks referenced in this document are the trademarks of their respective does not provide tax, legal, or accounting advice. This material is for informational purposes only and it should not be relied on for tax, legal, or accounting advice. Tax law is subject to continual change. All decisions are your responsibility and you should consult your own tax, legal, and accounting advisors. Trane disclaims any responsibility for actions taken on the material presented. Visit 3BL Media to see more multimedia and stories from Trane Technologies
Yahoo
25-06-2025
- Business
- Yahoo
Trane Technologies Recognized by TIME as One of the World's Most Sustainable Companies
SWORDS, Ireland, June 24, 2025--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's list of the World's Most Sustainable Companies, ranking 20th. The list, now in its second year and published in collaboration with market research company Statista, highlights the top 500 companies that embed sustainability into their core strategies. "We are honored to be named to TIME's list of the 2025 World's Most Sustainable Companies for the second consecutive year," said Mauro Atalla, Senior Vice President, Chief Technology and Sustainability Officer, Trane Technologies. "Our inclusion on this prestigious list underscores our dedication to driving sustainable growth for ourselves and our customers and making a lasting positive impact on our planet." Since 2019, Trane Technologies has reduced customer carbon emissions by 237 million metric tons, on track to meet its Gigaton Challenge goal of reducing one gigaton (or one billion metric tons) of customer carbon emissions by 2030. Last year, the company introduced 190 new products, including a major portfolio update featuring refrigerants with lower global warming potential (GWP). Trane Technologies is widely recognized as a leader in sustainability, integrating sustainable practices into the company's core strategy and throughout its global operations as it progresses toward its 2030 Sustainability Commitments. The company is dedicated to developing industry-leading climate solutions for customers worldwide, including innovative, energy-efficient products and solutions that help customers achieve their sustainability goals while improving their bottom line by reducing energy use, carbon emissions, and operational costs. The company is also acknowledged for its industry-leading transparency, credibility, and accountability, having recently received several additional recognitions for climate action. Trane Technologies ranked in the top ten of Corporate Knights' inaugural Europe 50 list and was featured on the Financial Times' list of Europe's Climate Leaders for the fifth consecutive year. 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. Visit This news release includes "forward-looking statements" within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our sustainability commitments and the anticipated impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2024, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements. View source version on Contacts Media Contact: Travis Bullard+1-919-802-2593Media@ Investors Contact: Zachary Nagle+1-704-990-3913InvestorRelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
24-06-2025
- Business
- Business Wire
Trane Technologies Recognized by TIME as One of the World's Most Sustainable Companies
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's list of the World's Most Sustainable Companies, ranking 20 th. The list, now in its second year and published in collaboration with market research company Statista, highlights the top 500 companies that embed sustainability into their core strategies. "We are honored to be named to TIME's list of the 2025 World's Most Sustainable Companies for the second consecutive year,' said Mauro Atalla, Senior Vice President, Chief Technology and Sustainability Officer, Trane Technologies. 'Our inclusion on this prestigious list underscores our dedication to driving sustainable growth for ourselves and our customers and making a lasting positive impact on our planet." Since 2019, Trane Technologies has reduced customer carbon emissions by 237 million metric tons, on track to meet its Gigaton Challenge goal of reducing one gigaton (or one billion metric tons) of customer carbon emissions by 2030. Last year, the company introduced 190 new products, including a major portfolio update featuring refrigerants with lower global warming potential (GWP). Trane Technologies is widely recognized as a leader in sustainability, integrating sustainable practices into the company's core strategy and throughout its global operations as it progresses toward its 2030 Sustainability Commitments. The company is dedicated to developing industry-leading climate solutions for customers worldwide, including innovative, energy-efficient products and solutions that help customers achieve their sustainability goals while improving their bottom line by reducing energy use, carbon emissions, and operational costs. The company is also acknowledged for its industry-leading transparency, credibility, and accountability, having recently received several additional recognitions for climate action. Trane Technologies ranked in the top ten of Corporate Knights' inaugural Europe 50 list and was featured on the Financial Times' list of Europe's Climate Leaders for the fifth consecutive year. 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. Visit This news release includes 'forward-looking statements' within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our sustainability commitments and the anticipated impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2024, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.


Business Wire
07-05-2025
- Business
- Business Wire
Trane Technologies to Present at the Wolfe Research Global Transportation and Industrials Conference
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Wolfe Research Global Transportation and Industrials Conference. They will speak at 9:45 a.m. ET on Wednesday, May 21, 2025. The live webcast will be accessible on the Trane Technologies website at under the investor relations section. An archive of the webcast will be available for 30 days following the event. 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


Business Wire
29-04-2025
- Business
- Business Wire
Trane Technologies to Present at the Oppenheimer Industrial Growth Conference
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a virtual fireside chat at the Oppenheimer Industrial Growth Conference. They will speak at 11:15 a.m. ET on Monday, May 5, 2025. The live webcast will be accessible on the Trane Technologies website at under the investor relations section. An archive of the webcast will be available for 30 days following the event. 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