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Stock impact report

Trane Technologies Pioneers Circularity Impact Metrics

Trane Technologies plc (TT) 
Company Research Source: Business Wire
Global climate innovator sets new benchmarks—10% of revenue from circular products and services, and doubling use of circular materials by 2030 SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced new circularity impact metrics focused on generating 10 percent of its revenue from circular products and services and more than doubling the use of circular materials by 2030.Trane Technologies’ circularity strategy includes multiple innovative initiatives to increase the use of recycled materials and to optimize the continued use of products through smart services, upgrades, remanufacturing and recovery programs, delivering ongoing value to customers. By redeploying high-quality parts and reducing material use, the company aims to increase efficiency, improve supply chain resiliency and open new, recurring revenue streams.“Circularity has been a powerful driver of innovation for our company for many years,” said Mauro J. Atalla, se Show less Read more
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