Trane Technologies (formerly Ingersoll-Rand)

InfluenceMap Score
B-
Performance Band
78%
Organisation Score
55%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Industrials
Head​quarters:
Davidson, United States

Climate Lobbying Overview: Trane Technologies (formerly Ingersoll-Rand) has positive, albeit limited engagement on climate change that includes supporting ambitious climate action in its top-line messaging and lobbying in favour of climate-related regulations such as US energy efficiency standards and EU GHG targets. While Trane Technologies ended its membership to the US Chamber of Commerce and Business Roundtable in 2019, its CEO remains Chairman of the Board for the National Association of Manufacturers, which is negatively lobbying US climate policy.

Top-line Messaging on Climate Policy: Trane Technologies has communicated positive top-line support for climate policy in 2020-21. In a 2021 press release, Trane Technologies “applauds President Biden’s decision that the United States will rejoin the Paris Climate Agreement”, with other corporate communications suggesting support for a 2°C global warming target. In its 2019 ESG Report, Trane Technologies further states that it has directly advocated to US policymakers in support of numerous climate-related regulations.

Engagement with Climate-Related Regulations: In its 2019 ESG report, Trane Technologies discloses that it is engaging with policymakers to support numerous US energy efficiency bills. These include The Energy Savings and Industrial Competitiveness Act, US federal tax incentives to promote energy efficiency, and energy efficiency targets in North Carolina. Further communications from the Trane corporate website in 2019 also suggest support for US Fan Energy Rating standards. Trane Technologies in 2020 has also communicated support for “policies that encourage non-battery storage like thermal energy storage technologies in U.S. states” alongside “advocating for clean energy plans” in several regions and US states.

Trane Technologies has disclosed that it has directly lobbied in the US to support the ratification of the Kigali Amendment to the Montreal Protocol to phase out HFCs with a high global warming potential in 2020. Furthermore, Trane Technologies’ 2020 CDP response discloses support for US regulation to phase out HFCs in foams and chillers. In December 2020, Trane Technologies stated support for increasing the EU’s GHG reduction target to 55% as part of a letter from the Corporate Leaders Group. In April 2021, communications from Trane Technologies stated support for a 50% 2050 US GHG emissions reduction target.

Positioning on Energy Transition: Trane Technologies has limited, positive positioning regarding the energy transition. Trane Technologies in 2020 has stated support for decarbonizing the energy sector. Furthermore, in press releases in 2020-21, Trane, a subsidiary of Trane Technologies, stated support for the decarbonization of buildings and heating in the EU, including by “moving away from fossil fuel heating”.

Industry Association Governance: Trane Technologies has publicly disclosed a list of its memberships to industry associations on its website, without disclosing its direct engagement with them on climate change, their climate policy positions, or the company’s roles within each association. In its 2020 CDP response, Trane Technologies discloses membership of only two industry associations, failing to disclose its membership to other climate-relevant trade associations. The CEO of Trane Technologies is chair of the Board of Directors for the National Association of Manufacturers, which is actively and negatively lobbying on US climate policy. Trane Technologies is formerly a member of both the US Chamber of Commerce and Business Roundtable, having left both associations in 2019.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
1 1 NA NS NS 0 NS NA
Alignment with IPCC on Climate Action
0 1 NA NS NS NS NS NA
Supporting the Need for Regulations
2 NS NA NS 1 NS NS NA
Support of UN Climate Process
1 2 NA NS NS NS NS NA
Transparency on Legislation
1 NA -1 NA NA NA NS NA
Carbon Tax
NS NS NS NS NS NS NS NA
Emissions Trading
NS NS NS NS NS NS NS NA
Energy and Resource Efficiency
1 2 1 NS NS NS NS NA
Renewable Energy
2 NS NS NS NS NS NS NA
Energy Transition & Zero Carbon Technologies
1 1 NS NS NS NS NS NA
GHG Emission Regulation
2 2 1 0 2 NS NS NA
Disclosure on Relationships
0 NA -1 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
27%
 
27%
 
96%
 
96%
 
69%
 
69%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.