Company celebrates five years as a focused climate innovator and sustainability leader
Trane Technologies, a global climate innovator, today rang the New York Stock Exchange (NYSE) Opening Bell® to celebrate its fifth year as a focused climate company with a purpose to boldly challenge what’s possible for a sustainable world.
The company and its historic brands have been represented on the New York Stock Exchange for more than a century, symbolizing endurance, growth and transformation in the global marketplace. Following the spin-off of its Industrial segment, the company launched as Trane Technologies in 2020, and began trading under the ticker symbol “TT.” Since 2020, Trane Technologies has delivered a compound annual revenue growth rate of 12%; marked its fourth consecutive year of adjusted earnings per share growth exceeding 20%; and achieved a 5-year total shareholder return of 286% – three times the S&P 500.
“Five years ago, we boldly reimagined what Trane Technologies could achieve as a purpose-driven, sustainability-focused company,” said Dave Regnery, chair and CEO, Trane Technologies. “Our ability to consistently deliver leading financial performance while advancing our bold sustainability commitments and uplifting culture creates long-term value for our people, shareholders, customers and communities.”
Through its strategic brands Trane® and Thermo King®, its innovative portfolio of solutions and more than 45,000 engaged employees, Trane Technologies delivers sustainable, efficient heating and cooling solutions and services for buildings, industry, homes and transportation around the world. The company’s advanced technologies—from all-electric thermal management systems and refrigerated transport solutions to purpose-built digital and AI-powered energy solutions—enable customers to optimize system performance while reducing energy use, carbon emissions and operational costs.
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. 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.
Trane Technologies is also consistently celebrated as a top employer globally with recent accolades including the Fortune’s World’s Most Admired Companies list; the 2025 JUST 100; and Ethisphere’s World’s Most Ethical Companies® list.
For more on the company’s climate leadership in action, follow Trane Technologies at Climate Week in New York City as leaders collaborate to accelerate energy-efficient technologies and sustainable solutions that benefit both the environment and a strong bottom line.
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