Trane Technologies plc

Trane Technologies plc is a global climate innovator that brings sustainable and efficient solutions to buildings, homes, and transportation through its strategic brands, Trane® and Thermo King®. The company generates revenue primarily through the design, manufacture, sales, and service of solutions for heating, ventilation and air conditioning (HVAC), transport refrigeration, and custom refrigeration solutions. Trane Technologies operates under three reportable segments: Americas, EMEA, and Asia Pacific. The company's website is <https://www.tranetechnologies.com>, and its ticker symbol is TT. The company's business strategy includes expanding recurring revenue through services and rental options, and its sustainability-focused strategy includes reducing greenhouse gas emissions, building a diverse workforce, and minimizing the use of natural resources. Trane Technologies employs approximately 40,000 people in approximately 60 countries and offers learning and development opportunities, volunteer programs, and well-being initiatives to its employees. The company's compensation programs and policies are designed to attract and retain a talented workforce and support employees' financial and personal well-being. Trane Technologies had net revenues of $17,676.6 million in 2023, with approximately 28% derived outside the U.S. The company's products and services include air conditioners, multi-pipe HVAC systems, air handlers, and transport refrigeration systems, among others.