Swords Ireland based climate innovator Trane Technologies will further reduce the carbon impact of its industry-leading, sustainable HVAC solutions by purchasing low-carbon steel from primary supplier Nucor Corporation’s Econiq, with an additional allotment from US Steel’s verdeX. The steel will be used in US manufacturing operations to build Trane high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centers.Representing 20% of Trane Technologies' annual steel purchase, the low-carbon steel is nearly 80% less carbon intensive than traditional blast furnace steel. With this purchase, the company expects to reduce nearly 16,000 metric tons of carbon annually with a reduction of 120,000 metric tons by 2030Trane Technologies pledges to procure, specify or stock 50 percent net-zero steel by 2030 and 100 percent net-zero steel by 2050 as a member of SteelZero. Trane Technologies also is a founding member of the First Movers Coalition. Through bold, industry-leading action and partnerships, Trane Technologies is advancing its 2030 Sustainability Commitments, including the Gigaton Challenge, and its pledge to be net-zero by 2050, with emissions reduction targets validated by the Science Based Targets Initiative.Trane Technologies is a global climate innovator. Through strategic brands Trane and Thermo King, and portfolio of environmentally responsible products and services, it brings efficient and sustainable climate solutions to buildings, homes and transportation.
Swords Ireland based climate innovator Trane Technologies will further reduce the carbon impact of its industry-leading, sustainable HVAC solutions by purchasing low-carbon steel from primary supplier Nucor Corporation’s Econiq, with an additional allotment from US Steel’s verdeX. The steel will be used in US manufacturing operations to build Trane high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centers.Representing 20% of Trane Technologies' annual steel purchase, the low-carbon steel is nearly 80% less carbon intensive than traditional blast furnace steel. With this purchase, the company expects to reduce nearly 16,000 metric tons of carbon annually with a reduction of 120,000 metric tons by 2030Trane Technologies pledges to procure, specify or stock 50 percent net-zero steel by 2030 and 100 percent net-zero steel by 2050 as a member of SteelZero. Trane Technologies also is a founding member of the First Movers Coalition. Through bold, industry-leading action and partnerships, Trane Technologies is advancing its 2030 Sustainability Commitments, including the Gigaton Challenge, and its pledge to be net-zero by 2050, with emissions reduction targets validated by the Science Based Targets Initiative.Trane Technologies is a global climate innovator. Through strategic brands Trane and Thermo King, and portfolio of environmentally responsible products and services, it brings efficient and sustainable climate solutions to buildings, homes and transportation.