Climate Lobbying Overview: Trane Technologies (formerly Ingersoll-Rand) demonstrates generally positive and increasingly active engagement with U.S. and EU climate policy. While Trane Technologies exited the US Chamber of Commerce in 2019, its CEO remains on the Executive Committee of the National Association of Manufacturers, which is actively, negatively lobbying on U.S. climate policy.

Top-line Messaging on Climate Policy: Trane Technologies (Trane) has communicated top-line support for climate policy. In September 2022, Trane Technologies signed a joint letter to Minnesota Governor Walz titled Minnesota Business Support Climate Action, which outlined a clear and detailed position supporting the science of climate change. In a January 2022 corporate blog, Trane supported global net-zero emissions and accelerated government action and policy to achieve this aim. The company and its CEO Dave Regnery have also signed multiple joint letters advocating for climate action, such as a June 2021 letter through Corporate Leaders Group Europe advocating for the EU Fit for 55 package. In February 2022, via a joint letter with C2ES, Trane advocated in support of the climate provisions in the Build Back Better Act. In a July 2022 press release responding to the Supreme Court’s ruling on West Virginia v. Environmental Protection Agency (EPA), CEO Regnery advocated for policymakers to bring forward more effective climate change legislation. A January 2021 press release by Trane reiterated the company’s consistent support for the Paris Agreement, including its opposition to U.S. withdrawal in 2017.

Engagement with Climate-Related Policy: Trane has generally engaged positively on climate policy, including on U.S. federal policy.In September 2022, the company tweeted a statement appearing to support the passage of the Inflation Reduction Act and the climate provisions within the bill. Previously, in a joint letter with C2ES in February 2022, Trane supported the climate provisions in the Build Back Better Act, including the clean energy tax credits, and urged Congress to pass them. The company’s Q2 2022 federal lobbying report reveals that Trane engaged with policymakers on energy efficiency provisions in the Build Back Better Act, however the report does not disclose a position. In October 2022, the company submitted comments on the Department of Energy’s proposed energy conservation standards for consumer furnaces, in which it expressed firm support for the proposal and advocated for additional policy support to fund the rule’s implementation. In a WEF joint letter from November 2022, CEO Regnery expressed support for renewable energy legislation.

Trane’s support for the accelerated reduction of hydrofluorocarbons (HFCs) was demonstrated in a tweeted statement from September 2022, in which Paul Camuti, executive VP of Trane Technologies, expressed strong support for the ratification of the Kigali Amendment to the Montreal Protocol. This position was reinforced in December 2022, when the company submitted comments to the EPA’s Stratospheric Protection Division that supported the continued phase down of HFC’s in accordance with the AIM Act and the Kigali Amendment.

Positioning on Energy Transition: Trane Technologies has limited, but positive engagement with policy related to the energy mix,

The company appears to support a transition to clean energy, as demonstrated by a November 2022WEF joint letter, in which CEO Regnery advocated for the removal of fossil fuel subsidies and for the enabling of mechanisms to drive down the green premium of low-carbon technologies. According to a statement on its corporate website from April 2022, the company is supporting the uptake of renewables in the energy mix, although there is some ambiguity regarding the pace and extent of the uptake, and the need for policy to support it. On Twitter in May 2021, Trane offered broad support for public and private sector collaboration to advance decarbonization of the economy. In press releases from 2020-21, Trane stated support for the decarbonization of buildings and heating in the EU, including by “moving away from fossil fuel heating.” In a press release from May 2022, the company expressed strong support for the New Mexico State Buildings Green Energy Project to decarbonize state buildings, and appeared to advocate for similar decarbonization policies to be implemented in other cities and states.

Industry Association Governance: Trane Technologies has publicly disclosed a list of its memberships to industry associations on its website, however without describing the groups’climate policy positions, the company’s role within each association, or an assessment of alignment. In its 2022 CDP response, Trane disclosed membership in only two industry associations, failing to note its membership to the National Association of Manufacturers (NAM) where its CEO, Dave Regnery, was formerly Chair of the Board of Directors and continues to serve on the Board. NAM remains actively opposed to most forms of U.S. climate policy, including the U.S. Inflation Reduction Act. Previously, Trane was a member of both the U.S. Chamber of Commerce and Business Roundtable before exiting both associations in 2019. The company remains a member of Advanced Energy United according to its ESG report.

InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q1 2023.