Trane Technologies Named to FORTUNE Magazine World’s Most Admired Companies List for Eleventh Consecutive Year
February 01 2023 - 8:30AM
Business Wire
FORTUNE magazine has named Trane Technologies (NYSE:TT), a
global climate innovator, to its World’s Most Admired Companies
list for the eleventh consecutive year.
The annual list, developed by FORTUNE and Korn Ferry, is widely
considered to be the ultimate report card on corporate reputation.
The companies on the list are the best-regarded in their industry
and rated on nine criteria, ranging from investment value and
quality of management and products to social responsibility and
ability to attract talent.
“It’s an honor to be recognized by FORTUNE, and I’m extremely
proud of our global team for challenging what’s possible to create
a more sustainable world,” said Dave Regnery, chair and CEO of
Trane Technologies. “With our commitment to purpose, relentless
focus on innovation, and uplifting, engaging culture, we are
delivering value for our team, our customers, our shareholders and
our communities.”
Through bold, industry-leading action and innovation, Trane
Technologies is decarbonizing buildings, industry and the cold
chain and advancing its 2030 Sustainability Commitments, including
the Gigaton Challenge, and its pledge to be net-zero by 2050. The
company’s emissions reductions targets have been externally
validated by the Science Based Targets Initiative (SBTi).
With its Opportunity for All commitment, Trane Technologies is
taking action to achieve gender parity in leadership, workforce
diversity reflective of its communities, and community initiatives
that support equitable education and pathways to green and Science,
Technology, Engineering and Math (STEM) careers.
Trane Technologies was recently named to the JUST 100, the
Management Top 250 and the S&P Dow Jones Sustainability World
Index and the North America Index. The company was also recognized
for corporate environmental transparency by CDP, securing a place
on its annual ‘A List’.
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
www.tranetechnologies.com.
Forward-Looking Statements
This news release includes “forward-looking statements” which
are statements that are not historical facts, including statements
that relate to our commitments to climate, sustainability and our
people, and the 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. Such factors include, but
are not limited to, our future financial performance and targets,
including revenue, EPS and operating income; our business
operations; demand for our products and services, including
bookings and backlog; capital deployment, including the amount and
timing of our dividends, our share repurchase program, including
the amount of shares to be repurchased and the timing of such
repurchases and our capital allocation strategy, including
acquisitions, if any; our projected free cash flow and usage of
such cash; our available liquidity; performance of the markets in
which we operate; restructuring activity and cost savings
associated with such activity; and our effective tax rate.
Additional factors that could cause such differences can be found
in our Form 10-K for the year ended December 31, 2021, as well as
our subsequent reports on Form 10-Q and other SEC filings. We
assume no obligation to update these forward-looking
statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230201005612/en/
Media Contact: Shelby Hansen +1-704-990-3835
Shelby.Hansen@tranetechnologies.com
Investors Contact: Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
Trane Technologies (NYSE:TT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Trane Technologies (NYSE:TT)
Historical Stock Chart
From Apr 2023 to Apr 2024