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"We continue to innovate, and grow, to address climate change at scale," Dave Regnery, chair and CEO of Trane Technologies, says in a press release.
And that's not just good news for the environment, it's good for the company's bottom line.
The heating, ventilating, and air conditioning (HVAC) company says in its latest Environmental, Social, and Governance (ESG) report that it has reduced 157 million metric tons of carbon emissions since 2019 while "delivering a third consecutive year of more than 20% adjusted EPS growth," the Wall Street Journal reports.
The company says it has also made "substantial progress" toward its 2030 Sustainability Commitments, which include a 50% reduction in carbon emissions and a 2050 net-zero goal, per the press release.
"Our strong sustainability performance begins with our culture, where sustainability is integrated into every role and function and reflects our shared belief in our ability to have a meaningful impact," says Paul Camuti, Trane's chief technology and sustainability officer.
The company says it has reduced energy use by 4% toward its 10% goal, as well as water and waste use by 26% and zero waste to landfill at 85% of its global manufacturing sites, per the press release.
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Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
State grant helps support clean energy jobs for disadvantaged young adults.An award of $500,000 was given to the Social Enterprise and Training Center, also known as the SEAT center.The program helps...more
The Weeknd was awarded the Key to the City and honoured with The Weeknd Weekend by the City of Toronto.The ceremony was attended by Toronto Mayor Olivia Chow, youth from the Boys & Girls Club of West...more
The initiative saw ZTE donate essential supplies and digital connectivity solutions worth 1 million THB to a Public charity organization, Baan Nokkamin Foundation.This foundation provides foster...more
13-year-old Ricky was diagnosed with leukemia for the second time in his young life.Traditional medications were failing, and Ricky's doctor dismissed the recently approved stem cell treatments...more
Notably, this was the first Children's Entrepreneur Market event held in the country.HATCH Fest honored Juneteenth with three public readings of the Emancipation Proclamation by local community...more
Sit Still Kids Salon Opens in Atlanta's Peachtree Battle neighborhood.Salons specifically designed for children are evolving to provide tailored services for kids with diverse needs.Businesses are...more
Debit cards issued by NYC's summer youth job program tied to $17 M ATM fraud scam: sources.The scam led to ATMS across the Big Apple being banged for big bucks from July 11-13.The cash ended up in...more
The passing of my father was a transformative moment for me.This perspective shift is why I now dedicate much of my energy to youth programs and community development.I've leaned heavily on...more
Dobbs announced the need for volunteers at the Central Arkansas Veterans Healthcare System for Compassionate Contact Corps.Volunteers are matched with veterans that are experiencing loneliness or are...more
Jefferson Parish Young Marines receive national honors.Sgt.Taylor Science and Technology Academy, was named the Honor Graduate for the Young Marines 2025 National Leadership Academy-Senior Leadership...more
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Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
