Trane Technologies Plc Stock Price, News & Analysis

Trane Technologies (NYSE: TT) partners with Neiman Marcus Group to advance sustainability initiatives, including renewable energy use and energy efficiency measures. Neiman Marcus aims to cut Scope 1 and 2 emissions by 50% by 2025 and achieve 100% renewable energy by 2030. Their collaboration emphasizes significant climate commitments and upgrades at multiple stores, starting with an innovative HVAC installation at Bergdorf Goodman in New York City. This project will help New York City meet its goal of net-zero emissions by 2050 while enhancing customer comfort.

Trane Technologies (NYSE: TT) has been named Green Builder Media's 2022 HVAC Brand Leader, recognized for its sustainable residential solutions. This accolade highlights Trane's commitment to efficiency and indoor comfort, surpassing competitors in the annual brand index based on consumer sentiment and purchase preferences. The company aims to reduce carbon emissions by one gigaton by 2030 through innovative designs and high-efficiency systems. The ranking reinforces Trane's dedication to enhancing indoor air quality and contributing to sustainability goals.

The Board of Directors of Trane Technologies (NYSE:TT) declared a quarterly dividend of $0.67 per ordinary share, amounting to $2.68 annualized. The dividend will be payable on June 30, 2022, to shareholders on record as of June 3, 2022. Trane Technologies has a long history of dividend payments, having distributed consecutive quarterly cash dividends since 1919 and annual dividends since 1910.

Trane Technologies (NYSE:TT) will host a conference call on May 4, 2022, at 10 a.m. ET to discuss its first quarter 2022 financial results. The earnings release and presentation will be available prior to the call on the company's website, enhancing transparency for investors. A live webcast will allow real-time access to the discussion, with a replay available post-event at 1 p.m. ET the same day. Trane Technologies is recognized as a global climate innovator through its strategic brands and sustainable solutions for buildings and transportation.

Trane Technologies (NYSE: TT) will engage in a fireside chat at the Bank of America Global Industrials Conference on March 15, 2022, at 10:35 a.m. GMT (6:35 a.m. ET). This event will be streamed live on the company's website, with an archive available for 30 days post-event. As a global climate innovator, Trane Technologies focuses on delivering sustainable climate solutions through its brands Trane® and Thermo King®. For more information, visit tranetechnologies.com.

Trane Technologies plc (NYSE: TT) will participate in a fireside chat at the J.P. Morgan Industrials Conference on Thursday, March 17, 2022, at 11:20 a.m. ET. The event will be available via a live webcast on the company's website under the investor relations section. An archived version of the webcast will be accessible for 30 days post-event. Trane Technologies is recognized as a global climate innovator, offering sustainable solutions through its brands, Trane® and Thermo King®.

Trane Technologies (NYSE:TT) has joined the U.S. Department of Energy's Better Climate Challenge, aligning with its 2030 Sustainability Commitments, which target carbon neutrality and a 10% energy reduction. During an Executive Roundtable, Keith Sultana emphasized commitment to decarbonizing emissions. The company previously halved its operational carbon emissions and aims for a further 50% reduction. Trane is one of over 50 partners involved in this initiative, promoting ambitious greenhouse gas emission goals.