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Company Directory - Trane Technologies Inc.

Company Details - Trane Technologies Inc.

Trane Technologies Inc. Logo

Trane Technologies Inc.

Website

NYSE: TT 

Trane Technologies Inc. is a global climate innovator and provider of advanced heating, ventilating, and air conditioning systems.

CCI Score

CCI Score: Trane Technologies Inc.

38.27

Latest Event

Trane Technologies Modern Slavery Statement Implementation

Trane Technologies published its Modern Slavery Statement outlining comprehensive measures to prevent human trafficking and forced labor in its global supply chain. The statement details risk assessments, supplier due diligence, employee and supplier training initiatives, and robust reporting mechanisms. The initiative was approved by the Board on June 5, 2025, demonstrating the company’s commitment to ethical business practices and human rights protection.

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DISSENTER

Trane Technologies Inc. is currently rated as a Dissenter.

+25 to +44 CCI Score
These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

  • Trane Technologies Modern Slavery Statement Implementation Logo
    JUN
    05
    2025

    Trane Technologies published its Modern Slavery Statement outlining comprehensive measures to prevent human trafficking and forced labor in its global supply chain. The statement details risk assessments, supplier due diligence, employee and supplier training initiatives, and robust reporting mechanisms. The initiative was approved by the Board on June 5, 2025, demonstrating the company’s commitment to ethical business practices and human rights protection.

  • +80

    Labor Relations and Human Rights Practices

    July 1

    Trane Technologies' Modern Slavery Statement enforces strict provisions against forced labor and human trafficking. The detailed policies including employee training, comprehensive supplier due diligence, and clear reporting channels indicate strong alignment with labor rights and human rights practices.

    Trane Technologies plc Modern Slavery Statement

  • +70

    Supply Chain Ethics

    July 1

    The statement features a robust supply chain modern slavery risk assessment, including the use of a third-party data management solution and targeted supplier outreach. These actions demonstrate Trane Technologies' commitment to ethical sourcing and accountability in its global operations.

    Trane Technologies plc Modern Slavery Statement

  • Trane Technologies PAC Contributions – 2023-2024 Election Cycle Logo
    FEB
    06
    2025

    Trane Technologies' PAC contributed a total of $36,000 to federal candidates in the 2023-2024 election cycle, allocating approximately 75% to Republican candidates and 25% to Democratic candidates, a distribution that raises concerns from an anti-authoritarian perspective.

  • -40

    Political Contributions and Lobbying Efforts

    July 1

    The PAC contributions heavily favored Republican candidates (75% of the total $36,000), which is concerning from an anti-fascist perspective given the association of far-right ideologies with authoritarian policies. Although the overall donation is relatively modest, the partisan imbalance suggests a tilt towards supporting candidates whose policies may undermine progressive, pluralistic values.

    Trane Technologies PAC Contributions to Federal ...

  • Trane Technologies 2023 ESG Report Highlights Progressive, Transparent and Ethical Practices Logo
    DEC
    31
    2023

    Trane Technologies' 2023 ESG Report details a wide range of initiatives that demonstrate a strong commitment to sustainability, ethical governance, worker rights and diversity. The report outlines measurable reductions in greenhouse gas emissions, investments in renewable energy, robust internal controls including anti-corruption and human rights training, and proactive supplier diversity measures. These practices underline the company’s positive public engagement and a clear resistance to authoritarian tendencies through transparency and progressive policy support.

  • +85

    Business Practices and Ethical Responsibility

    July 1

    The report showcases excellent business practices and ethical responsibility. Trane Technologies demonstrates a comprehensive approach to sustainability, from reducing emissions and investing in renewable energy to ensuring robust internal controls, effective human rights training, and a strong focus on supplier diversity. These actions align with progressive values and oppose any authoritarian or fascist tendencies.

    Trane Technologies Official Website

  • +75

    Public and Political Behavior

    July 1

    Trane Technologies displays positive public and political behavior by engaging constructively with policy initiatives that encourage environmental sustainability. The company’s non-partisan political action, minimal and transparent lobbying expenditures, and support for progressive environmental policies underline its commitment to accountability without signaling any complicity in authoritarian behavior.

    Trane Technologies Official Website

  • Trane Technologies Advocates for Accelerated Climate Action at COP28 Logo
    NOV
    30
    2023

    Trane Technologies called for accelerated climate policies and increased transparency at COP28, reinforcing its climate commitments through public-private collaboration, sustainability initiatives, and efforts to decarbonize its supply chain.

  • +80

    Executive Political Engagement

    July 1

    Trane Technologies’ active participation in climate dialogues and endorsement of transparent emission reporting frameworks, including its signatory status on the COP28 open letter and participation in industry discussions, is a strong example of progressive executive political engagement that aligns with anti-fascist, transparent policy advocacy.

    Trane Technologies Calls for Accelerated Climate Action, Increased Transparency at COP28

  • +75

    Business Practices and Ethical Responsibility

    July 1

    The company’s demonstration of sustainable business practices—such as its commitment to reducing embodied carbon in its supply chain and delivering low-emission HVAC units—reflects ethical responsibility and aligns with progressive environmental and social practices.

    Trane Technologies Calls for Accelerated Climate Action, Increased Transparency at COP28

  • Trane Technologies Adopts Global Human Rights Policy Logo
    JAN
    01
    2023

    Trane Technologies released its Global Human Rights Policy outlining its commitment to high ethical standards in human rights and labor practices. The policy prohibits forced and child labor, ensures anti-harassment training, and requires due diligence from suppliers, thereby reinforcing progressive, worker-friendly standards.

  • +80

    Labor Relations and Human Rights Practices

    July 1

    The Global Human Rights Policy is designed to uphold and promote strong labor rights standards including the prohibition of forced and child labor, and the implementation of mandatory anti-harassment training. This reinforces ethical business practices and supports marginalized workers, aligning with anti-authoritarian values.

    Global Human Rights Policy

  • Trane Implements Conflict Minerals Regulation Compliance Logo
    AUG
    22
    2012

    Trane Technologies committed to responsible sourcing by enforcing conflict minerals regulations as mandated by the SEC's final rule on August 22, 2012. The company requires its suppliers to prove that the conflict minerals used in its products are DRC conflict free and disassociate from armed groups responsible for human rights abuses.

  • +80

    Supply Chain Ethics

    July 1

    By enforcing strict supplier requirements to ensure conflict minerals are responsibly sourced and free from associations with armed groups, Trane Technologies is taking proactive steps in its supply chain ethics. This policy not only complies with the SEC regulation but also helps prevent funding groups that commit human rights abuses, aligning with anti-fascist and pro-human rights principles.

    Conflict Minerals Regulation

  • Trane Technologies Upholds Supply Chain Transparency Logo
    JAN
    01
    2010

    Trane Technologies publicly outlines its adherence to the California Transparency in Supply Chains Act by implementing policies that bar doing business with suppliers who engage in forced, bonded, indentured, or slave labor. The company requires suppliers to certify compliance with relevant labor laws and conducts supplier audits to verify adherence to its Code of Conduct.

  • +60

    Supply Chain Ethics

    July 1

    By establishing a strict policy that excludes suppliers involved in forced and slave labor, Trane Technologies demonstrates a commitment to ethical supply chain practices. This approach supports labor rights and transparency under the California Transparency in Supply Chains Act. However, the lack of third-party verification limits full accountability, hence a moderately high positive score.

    California Transparency in Supply Chain Act

Industries

221118
Other Electric Power Generation
333415
Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
423730
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers