Trane Technologies plc announced it will further reduce the carbon impact of its industry-leading, sustainable HVAC solutions by purchasing low-carbon steel from primary supplier Nucor Corporation, Econiq™, with an additional allotment from U. S. Steel, verdeX®. The steel will be used in U.S. manufacturing operations to build Trane® high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centers. Representing 20% of Trane Technologies' annual steel purchase, the low-carbon steel is nearly 80% less carbon intensive than traditional blast furnace steel.

With this purchase, the company expects to reduce nearly 16,000 metric tons of carbon annually with a reduction of 120,000 metric tons by 2030 the equivalent of emissions generated from powering more than 55,000 homes for one year. The steel industry accounts for approximately 8% of global carbon emissions. Trane Technologies pledges to procure, specify or stock 50% net-zero steel by 2030 and 100% net-zero steel by 2050 as a member of SteelZero.

Trane Technologies also is a founding member of the First Movers Coalition. Through bold, industry-leading action and partnerships, Trane Technologies is advancing its 2030 Sustainability Commitments, including the Gigaton Challenge, and its pledge to be net-zero by 2050, with emissions reduction targets validated by the Science Based Targets Initiative (SBTi).