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. | October 24, 2022
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Trane Technologies (NYSE: TT), a global climate innovator, announced today that it has revised its executive and senior leader incentive plan to link directly to Environmental, Social and Governance (ESG) metrics that align with the company s bold 2030 Sustainability Commitments.
The company s revised annual incentive plan, which starts this year, holds top executives and approximately 2,300 company leaders accountable for meeting the company s ambitious social and environmental sustainability goals. In addition to tying leaders annual cash incentives to ESG metrics, all salaried employee performance plans now must include at least one goal tied to the company s 2030 sustainability commitments. We are leading with a bold purpose to challenge what s possible for a sustainable world, and have embedded leading environmental, social and governance practices into our strategy and operations, said Mike Lamach, Trane Technologies chairman and CEO. Solving major global challenge
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Trane Technologies (NYSE: TT), a global climate innovator, announced today that it has revised its executive and senior leader incentive plan to link directly to Environmental, Social and Governance (ESG) metrics that align with the company’s bold 2030 Sustainability Commitments.
The company’s revised annual incentive plan, which starts this year, holds top executives and approximately 2,300 company leaders accountable for meeting the company’s ambitious social and environmental sustainability goals. In addition to tying leaders’ annual cash incentives to ESG metrics, all salaried employee performance plans now must include at least one goal tied to the company’s 2030 sustainability commitments.